Long Island Business News has recognized The ECG Group (ECG)
with the 2020 Top Education Renovation
SMITHTOWN, NY— Long Island Business News has recognized The ECG Group (ECG) with the 2020 Top Education Renovation – Suffolk Award for their work with the Sachem School District’s Energy Performance Contract (EPC).
ECG helped the Sachem School District in Holbrook, NY design and build a groundbreaking, two-megawatt solar installation, one of the largest solar implementations ever completed by a New York School District. The project was financed through an EPC, a funding mechanism that uses guaranteed energy-savings to deliver building energy efficiency improvements with no out-of-pocket costs and zero taxpayer impact. The project will deliver an estimated energy savings of $1,202, 673, reducing energy costs by 32%.
“We are proud of the impact our innovations in energy performance contracting has had with the Sachem School District.” said Kendra McQuilton, CEO of The ECG Group. “This endeavor will create $14 million in cash flow throughout the life of the project, allowing schools to free up funds for other priorities.”