Airco Commercial Services, Inc. Partner in Sacramento’s first Ygrene Energy, PACE-Funded Building
Known for working with developers and building owners to identify system inefficiencies that improve their bottom line, Airco Commercial Services was a natural fit to partner with the team that retrofitted Sacramento’s first Ygrene Energy, PACE funded project at 520 Capitol Mall. PACE, or property assessed clean energy funding is an innovative way for local property owners to finance energy efficient, renewable energy and water conservation upgrades with no up-front costs. With a PACE-funded project, building owners can start saving on energy costs for clean energy upgrades through a special property tax assessment. In Sacramento, Ygrene Energy Fund and the city of Sacramento formed a pioneering public/private partnership in Clean Energy Sacramento, allowing both commercial and residential property owners to take advantage of PACE resources for energy improvements.
The 520 Capitol Mall building was the first project in Sacramento to successfully secure PACE financing to fund environmental improvements. Airco Commercial Services, a certified Ygrene contractor, worked with the building’s asset manager John Brennan, and engineer David Weston of Weston Associates to install a more environmentally efficient chiller for the 80,532-square foot project. The successful, $513,000 Airco Commercial HVAC installation is projected to reduce costs on the 520 Capitol Mall building by $47,000 a year for 25 years, while improving the property value in excess of the project cost. “The Multistack chiller with oil-free compressors has already reduced energy consumption by 25 percent in the first month alone”, confirmed David Dorsett, project representative for Airco Commercial.
Established in 1987, Airco Commercial is a full service HVAC contractor that helps customers create “smart buildings” by reducing energy consumption and operational costs through intelligent heating, venting, and air conditioning solutions.
With the success of the 520 Capitol Mall project, Airco Commercial is looking forward to similar project opportunities in the future. “With a focus on helping commercial building owners lower their energy costs by solving energy problems, we are an ideal partner for these types of projects,” explained Charles Jones, president of Airco Commercial Services. “We appreciate the chance to partner with business owners and organizations in creating long-term energy solutions.”
“With a focus on helping commercial building owners lower their energy costs by solving energy problems, we are an ideal partner for these types of projects….”
Charles Jones President of Airco Commercial Services