Earthlight Technologies has completed a 300-kW solar carport installation for Lynch Toyota in Manchester, Connecticut. The project was financed through C-PACE with support from Connecticut Green Bank.
Lynch Toyota is a family-owned and operated car dealership founded in 1970 by Michael B. Lynch Sr. The dealership offers a wide selection of new and used cars, trucks, and SUVs, along with an autobody shop and a full-service department. Since 2003, Lynch Toyota has received Toyota’s President’s Award every year, recognizing excellence in customer satisfaction and operational performance.
“For us, covering our lot with solar panels makes both financial and practical sense. We are saving money, and it helps keep our vehicles protected from the elements,” said General Manager Conor Lynch.
Solar projects financed through Commercial Property Assessed Clean Energy (C‑PACE) are designed to achieve a positive savings-to-investment ratio, meaning energy savings are expected to exceed project costs over time, helping commercial property owners reduce operating expenses while investing in clean energy upgrades.
“A solar canopy can be a great option for a property owner wanting the benefits of solar when the roof isn’t the right choice and a large parking lot is available,” said Mackey Dykes, Vice President of Financing Programs at the Green Bank. “The best approach for property owners is to discuss their specific needs with a contractor and learn what makes the most sense for their situation.”
Since its inception in 2013, the C-PACE program has supported more than 429 projects and enabled more than $400 million in investment, allowing commercial property owners to focus on their businesses and reduce their energy costs.
News item from Connecticut Green Bank
