Milwaukee’s First PACE Project - $662,000 Retrofit of a Landmark University Club Building
Milwaukee’s First PACE Project - $662,000 Retrofit of a Landmark University Club Building
5 PagesProject in a Nutshell The University Club building, situated in downtown Milwaukee, underwent a comprehensive $1.9M renovation. Property Assessed Clean Energy funded $662,000 worth of energy efficiency improvements, including balancing the building’s airflow with new makeup air units, updating the HV AC system, replacing all lights, repairing steam traps and windows. This project resulted in an estimated $1.34 million worth of savings over the course of 18 years. Milwaukee’s First P ACE Project $662,000 Retrofit of a Landmark University Club Build ing Project Highlights Total Project Size: $1.9 million PACE Component: $662,000 Term: 18 years Interest Rate: 6% Energy Savings: 30% Total project return over term: $1,341,203 Guaranteed Savings Y ear 1: $56,000 Average Annual Savings:
