1. C-PACE CASE STUDIES

2. MAN Holdings
Shaker West Professional Sustainability Project

3. MAN Holdings Strong building income, but hobbled by utility expenses
Shaker West Professional Sustainability Project
Strong building income, but hobbled by utility expenses
3 year electric expenditure average $96,400 yearly
3 year gas expenditure average $ 26,350 yearly
Gas and electric expense consumed over 30% of building income
This building was acquired at an aggressive price because the expenses intimidated many buyers

4. MAN Holdings Expenditures $440,000
Shaker West Professional Sustainability Project
Expenditures $440,000
Lighting Retrofit $75,000
HVAC Controls $68,000
Building Envelope: Window Caulking and Tinting $67,000
Solar Panels $230,000

5. Projected annual energy savings $64,200 Yearly PACE payment $39,000
MAN Holdings
Shaker West Professional Sustainability Project
Projected annual energy savings $64,200
cut utility expense by over 66%
Yearly PACE payment $39,000
Net annual gain $25,200
Additional savings: one time utility and tax incentives $ 80,000

6. MAN Holdings Move the expense off P&L and Balance Sheet
Shaker West Professional Sustainability Project
Move the expense off P&L and Balance Sheet
PACE loans are a tax assessment, not a liability
Improve the look, feel and marketing of building
Sustainability sets you apart
If I sell, the PACE assessment can follow the parcel
A traditional loan would need to be paid off

7. MAN Holdings
Shaker West Professional Sustainability Project
Over 20 year period this project generates projected savings of about $600,000