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Page 4 — Property Management Quarterly — April 2020 www.crej.com News ...and much more! CAM Services is Proud to Offer the Following Quality Services Multiple Service Discounts Available Power Sweeping Parking Lot Sweeping Snow Removal Day Porter Services Tenant Finish/Improvements Interior/Exterior Building Maintenance Power Washing Power Scrubbing Fence Repair Stormwater & Erosion Control Signage Repair Curb & Sidewalk Repair Parking Blocks Construction Clean-up Water Damage Clean-up Property Security Temporary Fencing Barricades Rubber Removal Airport Services Event Services Silt Fence Fully Bonded Phone: 303.295.2424 • Fax: 303.295.2436 www.camcolorado.com 24 Hours/Day, 7 Days/Week State-of-the-art equipment, with GPS tracking for your convenience B ox Canyon Lodge & Hot Springs will leverage Colorado Commercial Property Assessed Clean Energy financing to sup- port a 58-kilowatt solar photovol- taics system installation on its 18,386-square-foot hotel and lodging facility located at 45 Third Ave. in Ouray. This is the first C-PACE proj- ect for Ouray County. “Ouray County is excited to have our first C-PACE project, and thrilled that it’s being used for a renewable energy system on a lodge that’s been part of our community for such a long time,” said Heidi Pan- kow, director of industry, media and consumer engagement, Ouray Tourism Office. “Ouray has so many unique things to offer and we are happy for Rich and the team at Box Canyon Lodge for being able to take advantage of such a great program and further drive our message of sustainability for our community and for our visitors.” Rich Avery, owner of Box Canyon Lodge, has installed many energy- efficiency measures over the years, earning his facility a coveted 4 Green Key rating, which is awarded to hotels that have made a strong commitment to protecting the envi- ronment. “Given we are surrounded by the amazing natural beauty of the San Juan Mountains, it would be a sin not to do everything we can to reduce our environmental footprint,” said Avery. “Solar energy is the next step in our commitment to making Box Canyon Lodge as eco-friendly as possible.” Alternative Power Enterprises, a solar power provider based in Ridg- way, was retained to perform the savings analysis and design/install the roof-mounted solar array. The analysis showed a projected cost savings of more than $500,000 over the effective useful life of the equip- ment including tax benefits and grants. The C-PACE program’s capital pro- vider open market selection process was used to shop around for the lowest rate. After reviewing multiple bids, Avery settled on employee- owned Alpine Bank for the project’s approximate $165,000 in financing. Additionally, Solar Roast Cof- fee is leveraging Colorado C-PACE financing to support a 23.7-kW roof- mounted solar photovoltaics instal- lation project on its 11,440-sf retail building at its newest location at 112 W. Second St. in Pueblo. Photon Brothers worked with Solar Roast Coffee to design the system, develop the savings analysis and install the solar array. Photon Broth- ers’ analysis shows that Solar Roast Coffee can look forward to projected savings of $225,000 over the useful life of the system. Thanks to low- interest, long-term C-PACE financing the project is forecast to generate cumulative net cash flow of approxi- mately $124,000. PACE Conservation Solutions, a Pueblo-based capital provider, fund- ed the project, which totaled $73,400. Two other businesses, one in Lafayette and one in Thornton, used Namasté Solar to complete solar installations, totaling over 450 kW of rooftop solar. JAX Ranch & Home selected Namas- té Solar to design and install a solar array on the roof of it Lafayette loca- tion at 400W. South Boulder Road. The installation comprises 864 mod- ules, which have an expected lifespan of over 25 years. “We are proud to welcome JAX into the ever-growing community of local businesses using renewable energy to power their facilities. The solar array is expected to cover 100 percent of their energy usage,” said Eliot Abel, co-own- er and director of commercial project development at Namasté Solar. “This system will prevent 277 tons of car- bon dioxide from being released into the atmosphere each year.” The Summit, at 580 E. 144th Ave. in Thornton, partnered with Namasté Solar to design, install and commis- sion a solar PV system as part of its new entertainment center. The Sum- mit Thornton used the Small Busi- ness Administration 504 program, which provides capital for construc- tion but requires (among other options) that at least 10% of a com- pany’s energy consumption be cov- ered by renewable energy or reduced via energy-efficiency improvements. The new solar system helps to power some of the 50,000-sf facility’s many features, which include bowl- ing, arcade games, laser tag and a restaurant. s 4 Colorado businesses bring solar to their properties Namasté Solar JAX Ranch & Home installed a solar array on the roof of its Lafayette location, which comprises 864 modules that have an expected lifespan of over 25 years.