Site work and renovation of a mixed-use development in Stamford, Connecticut. Conceptual plans call for the renovation of a clubhouse / community center; and for site work for a power facility.

123 kW rooftop solar array atop the Yerwood. This array will generate approximately 166 thousand kWh annually. There is a 30-40% investment tax credit available for this project recieved 1-3 years after the project has come online. This project is high in the que to recieve a production incentive of $201 per MWh through the Eversource Non-Residential Renewable Energy Solutions program which will be paid monthly as Eversource bill credits. This incentive payment will be recieved for 20 years. With anticipated incentives, grants and tax credits, the payback on this project is 12.19 years; IRR = 6.89%; 20yr net benefit = $197,171. The array will most likely have an additional 10-20 years of service after the intial 20 years that will continue to provide cost savings in the form of on-bill energy reduction. As of July 31, 2024, this project is in the 2025-2031 Capital Improvement Plan. Further information regarding a design firm and timeline for construction has not been established. *Project information has been obtained through a public capital improvement plan (CIP). A CIP is a financial schedule for short- and long-range projects which is updated regularly. Information listed in the CIP often evolves based on funding availability and the project details, including timeline and value, are subject to change. The content management team will continue to pursue additional details as they become available.