Renewable Energy

Property Assessed Clean Energy (PACE) Financing

Viridi can assist businesses in accessing property assessed clean energy (PACE) funds, offering them the opportunity to enjoy project savings, keep debt off their balance sheet, and invest saved capital into non-energy related projects. Property assessed clean energy is a unique tool that balances budget concerns with energy needs. PACE financing allows a property owner

By |2024-07-23T19:16:33+00:00July 23rd, 2024|Renewable Energy, News, Uncategorized|Comments Off on Property Assessed Clean Energy (PACE) Financing

LED Lighting Upgrades: Clampco Products Inc.

About the Client Located in Wadsworth, Ohio, Clampco Products Inc. is the leading USA manufacturer of engineered joining solutions. Proudly family-owned, Clampco is committed to producing top-quality, American-made products. Industry: Manufacturing Sustainability Solution: LED Lighting Results: 360 fixtures 108,466 kWh reduced annually $17,907 energy costs reduced annually Estimated 11.4 year lifespan for LED bulbs (2.5

By |2024-03-25T17:35:51+00:00February 29th, 2024|Case Studies, Renewable Energy|Comments Off on LED Lighting Upgrades: Clampco Products Inc.

Ohio Air Quality Development Authority Clean Air Improvement Program

The Clean Air Improvement Program (CAIP) through the Ohio Air Quality Development Authority (OAQDA) is a resource for businesses of all sizes looking to invest in more energy efficient or renewable energy technologies. The financial benefits of the OAQDA-issued bonds provide applicable tax exemptions--including sales, use and property--for qualified projects. There are several project types

By |2024-02-02T19:48:14+00:00February 2nd, 2024|Efficiency, Renewable Energy|Comments Off on Ohio Air Quality Development Authority Clean Air Improvement Program

5 Things to Consider Before Installing Solar

Solar arrays are becoming an increasingly popular (and affordable!) alternative to traditional energy. The marketplace is ever-expanding, and it can be difficult to gauge your business’ readiness when considering solar. We have compiled the below list to guide you as you begin your solar journey. First, you’ll want to ensure that your current electric supply

By |2024-02-16T19:24:31+00:00November 13th, 2023|Incentives, Solar, Renewable Energy|Comments Off on 5 Things to Consider Before Installing Solar

Updates to USDA Rural Energy for America Program Grant

The USDA Rural Energy for America Program (REAP) provides small to mid-size businesses located in rural areas with guaranteed loan financing and grant funding for renewable energy systems and energy efficiency improvements. Many Ohio counties are considered qualifying rural areas. With the passing of the Inflation Reduction Act in 2022, grant amounts increased from 25%

By |2023-05-24T21:07:31+00:00May 24th, 2023|Incentives, Efficiency, Renewable Energy|Comments Off on Updates to USDA Rural Energy for America Program Grant

Department of Development Energy Loan Fund

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

By |2023-11-11T16:13:40+00:00April 11th, 2023|Efficiency, Renewable Energy|Comments Off on Department of Development Energy Loan Fund

Solar Case Study – Wraptite

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

By |2023-03-23T14:15:36+00:00March 21st, 2023|Case Studies, Solar, Renewable Energy|Comments Off on Solar Case Study – Wraptite

Solar Case Study – Forest Meadow Villas

Forest Meadow Villas—a beautiful 55 and older apartment complex located in Medina, Ohio—was the perfect candidate for solar with its individual, all-electric, single-story units and ample south facing roof space. One of the building owners, Jim Gerspacher, was interested in converting the building to solar to reduce electric costs, simplify the rental process for his

By |2022-08-01T12:12:33+00:00August 1st, 2022|Case Studies, Solar, Renewable Energy|Comments Off on Solar Case Study – Forest Meadow Villas

RECs vs Offsets

Many organizations today are turning to RECs and carbon offsets as means of reducing their carbon footprint. RECs, or Renewable Energy Certificates, are commonly purchased by organizations to reduce the carbon footprint of their electricity. Carbon offsets also work to reduce an organization’s overall carbon emissions. These two methods of carbon footprint reduction are frequently

By |2021-11-18T15:29:59+00:00November 1st, 2021|Carbon Reduction, Renewable Energy|Comments Off on RECs vs Offsets
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