The Energy Loan Fund is a financing program authorized through the State of Ohio Department of Development. The fund provides low-interest financing to install efficiency measures that reduce energy by at least 15%. Current interest rates are well below commercial lending rates. The list of eligible applicants includes: Small businesses Local governments Nonprofit organizations
About the Client Wrap-Tite is a manufacturer in Solon, Ohio focused on packaging, shipping, and safety supplies. They are committed to not only to producing quality product with reliable customer service, but also to being good stewards for their community and the planet. Industry: Manufacturing & Warehouse Sustainability Solution: Rooftop Solar Array Results: 296 rooftop
Solar systems are becoming an increasingly more reliable source of energy as the traditional energy market remains uncertain and volatile. Innovations, material availability and workforce capability paired with expanded tax incentives and funding options make systems more affordable than ever. Solar energy is reliable even in climates and environments that have more cloudy than
The electric vehicle (EV) landscape is changing and expanding and will continue to do so over the next several years. 50% of all car sales are forecasted to be EV’s by 2030 and this will require an estimated 12.9 million charge points across the country. Utilities across the state of Ohio are preparing for
Client: Fuserashi International Technology, Inc. (FIT) Industry: Manufacturing Sustainability Solution(s) Implemented: LED Lighting Results after finished install: • 40,000 square foot building expansion with total building LED lighting upgrade • Annual energy cost reduction of 57.3% compared to ASHRAE Standard 90.1-2001/2007 • Immediate tax deduction of $365,983 Since 1996, Fuserashi International Technology, Inc. (FIT) has
The American Society of Heating, Refrigeration, and Air-Conditioning Engineers (ASHRAE) established 3 levels of energy audits created to improve a building’s energy efficiency, save businesses money, and help them build an energy plan to implement and maintain any energy conservation measures identified. An ASHRAE Level 1 audit consists of utility bill analysis and short building
We recently were invited to speak with local businesses about managing energy costs and energy efficiency options at Lima Allen County Chamber's Sustainability Seminar. Check out our feature on HomeTown Stations!
Thank you to everyone who joined us last Friday for our annual customer appreciation event. We loved getting to spend the day outdoors and raising money for an amazing local non-profit. We are grateful for all of your generous donations. This year, we were able to raise over $7,200 for Truly Reaching You, Inc. (TRY).
Energy efficiency projects can provide economic benefits in a number of different ways, such as with the help of the 179D Tax Deduction. The 179D Commercial Buildings Energy Efficiency Tax Deduction allows building owners to claim a tax deduction on eligible lighting, building envelope, or HVAC projects. Eligible projects can qualify for up to $1.80
Since 2006, the 179D tax deduction, also known as the Energy Efficient Commercial Building Deduction, has provided tax deductions up to $1.80/square foot on qualifying projects for both new construction as well as any renovations done on existing buildings. The passing of the Inflation Reduction Act (IRA) has brought some changes to 179D that present
Viridi provides simple and affordable sustainability solutions to individuals and organizations who are passionate about driving our economy’s transition to cleaner energy and a healthier planet.
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