Invested to date
Term of loan
GREENHOUSE GASES AVOIDED EQUIVALENT TO 748 TONNES OF CO2 PER YEAR
9,553 MWH OF ENERGY SAVED
CoPower investors provided a total of $3,563,000 in debt financing to a portfolio of LED lighting retrofits in over one-hundred condo buildings across Ontario, Alberta and BC. Collectively, these buildings house over 19,000 individual units.
The installations are complete and condo corporations are repaying the loan by making fixed monthly payments. In most cases these payments will be less than the monthly energy savings, allowing the condos to be cash-flow and impact positive from day one.
Total annual carbon avoidance of over 748 tonnes of CO2 per year demonstrates that energy efficiency is one of the most powerful climate change mitigation strategies we have in our arsenal -- providing both return on investment and real environmental impact.