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BetterBuildings Northwest Ohio

BetterBuildings Northwest Ohio (BBNWO) offers competitive fixed-rate Property Assessed Clean Energy (PACE) financing for projects that focus on conserving energy and generating savings through energy efficiency retrofits to new and existing facilities. Eligible energy efficiency improvements to all types and sizes of buildings can be financed though PACE and repaid via a special assessment on the facility. 
 
Eligible New & Existing Buildings
  • Industrial/Manufacturing
  • Commercial/Retail
  • Government/Municipal
  • For-Profit/Non-Profit
  • Educational/K-12; Colleges & Universities
  • Healthcare
  • Residential
  • Multi-Family Units

 

 

Eligible Upgrades
  • Lighting and Building Controls
  • Heating, Ventilation & Air Conditioning (HVAC)
  • Boilers and Chillers
  • Building Envelope
  • Energy Management and Control Systems
  • Electrical Distribution
  • Power Generation
  • Compressors, Motors and Drives
  • Refrigeration
  • Waste Energy Recovery
  • Combined Heat/Power Systems
  • Solar, Geothermal and Wind Systems

Non-eligible businesses: Churches, Zoos, Aquariums, Swimming Pools, Casinos, Golf Courses

 

Benefits:

  • Retrofit your business to run more energy efficiently
  • Increase your property value
  • Up to 100% financing
  • Long-term fixed rates up to 25 years
  • Flexible financing from $25,000-$25,000,000
  • Competitive interest rates
  • Special assessments tied to the facility, not the owner
  • Energy savings often cover the cost of financing
  • Less maintenance upkeep and overhead

Numbers to Date:

  • 8 Bonds Issued: $47.96M
  • RLF Projects: $3.84M
  • Projects Closed & Under Construction: 178

 

Click here to apply!

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SPOTLIGHT PROJECT:

Team Recovery, LLC, a drug and alcohol treatment center serving the Toledo Region, operates several properties including a recently acquired two-story, 20,464-squarefoot commercial property in Sylvania, Ohio. The organization provides treatment services including outpatient therapy, support groups, medical care, case management, family therapy and subsidized sober living services. Team Recovery, LLC utilized the BBNWO program to finance energy-efficient upgrades to the facility including lighting and HVAC systems, and upgrades to the exterior building envelope. It is anticipated these upgrades will result in $13,595 in annual energy savings!

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TESTIMONIALS 

"Our business has been a win-win-win situation for everyone involved. We have cleaned Erie County's environment, helped Erie County create a new source of income from their methane gas, and provided renewable energy to the cities of Painesville, Milan and Oberlin at a competitive price. We want to thank the Port Authority for helping us produce something useful from something that was polluting. Because of their help, we were able to turn a liability into an asset for Erie County."

"With the support of the Port's BetterBuildings Northwest Ohio energy program, we were able to upgrade our HVAC which significantly reduced our energy consumption and operating expenses and improved the overall comfort of our buildings."

"The BetterBuildings Northwest Ohio program has enabled us to implement mechanical and lighting upgrade, as well as the installation of building automation systems to our buildings. The improvements not only reduced our energy bills and demand but improved the overall comfort and aesthetics of our buildings."

"With the help of the BBNWO energy program, I was able to finance significant upgrades that will result in energy cost savings for my business and tenants, and make the building more efficient, comfortable and more aesthetically pleasing."

"The Port's BetterBuilding's Northwest Ohio energy efficiency financing program allowed us to invest in significant upgrades to our building that will not only save us money and energy, but it will allow us to pay for the improvements over time at a fixed interest rate."

 

For more information:

Josh Strickland
PACE Administrator/Senior Accountant    
Email: jstrickland@toledoport.org
Phone: 419.243.8251

 

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