The Connecticut Green Bank announces the completion of a solar photovoltaic (PV) installation financed using C-PACE at 30 Grandview Court in Cheshire, Connecticut. The 29,650-square-foot facility is home to direct mail marketing company The Best Postcards, which purchased the site in 2022. The 344-kW system, installed by Smart Roofs Solar Inc. of Monroe, is estimated to produce energy cost savings of more than $2.3 million over the expected useful life of the solar system.
The Best Postcards, founded in Connecticut in 2019, has rapidly expanded to serve businesses across 48 states. As a data-driven marketing and printing partner, they help companies strengthen their brand, acquire new customers, retain loyal clients, and engage target audiences with measurable results. From direct mail campaigns to signage, stickers, door hangers, and more, all production and design is completed in-house at their Cheshire facility ensuring quality, speed, and consistency at every stage.
"At The Best Postcards, we're proud to take a big step toward sustainability by installing solar panels on our building," said Andrew Ettinger, Cofounder and CEO. "Thanks to the outstanding team at Smart Roofs Solar and the financial support from Connecticut Green Bank, the process was smooth from start to finish. Not only are we significantly lowering our environmental impact, but we're also seeing meaningful savings on our energy costs. This investment isn't just good for the planet it's smart for business."
Solar projects installed through C-PACE (Commercial Property Assessed Clean Energy) financing are designed to meet a positive savings-to-investment ratio, which means that these projects are cashflow positive for the property owner immediately. More than 400 projects have been financed through C-PACE, saving more than $400 million in energy costs for building owners.
"C-PACE has supported a number of solar projects in Cheshire, and we are excited that this installation will help The Best Postcards reduce their energy costs and focus on their core business," said Mackey Dykes, Executive Vice President of Financing Programs at the Green Bank.
To learn more about C-PACE, please visit www.ctgreenbank.com/cpace.
