South Bronx Overall Economic Development Corporation

Non-profit saves big with efficiency-as-a-service

  • Industry: Non-Profit
  • Equipment: 18W T8 LED Lamps & Rooftop Unit HVAC system
  • Efficiency-as-a-Service Agreement Term: 4 years
  • Expected Savings: $510,000 per year
  • CO2 Reduction: 136,568 lbs (Over project lifetime)
  • Location: South Bronx, NY

The Problem

The South Bronx Overall Economic Development Corporation (SoBRO) is a non-profit organization whose mission is to enhance the quality of life in the South Bronx by strengthening businesses and creating innovative economic, housing, educational, and career development programs for youth and adults.

SoBRO was seeking opportunities to save money without cutting back on any of their important programs. A lighting and ventilation upgrade to their building seemed like the perfect solution, but they knew that they needed to avoid large upfront costs as well as be sure that the project saved them energy. However, SoBRO needed to find a solution for all 7 of its commercial and mixed use buildings.

The Solution

Revoltagen knew that Efficiency-as-a-Service (EaaS) was the answer. With the help of Sparkfund's capital and tools, as well as performance rebates from ConEdison, Revoltagen designed a custom LaaS program that allowed SoBRO to install high-efficiency LEDs in every corner of the campus facility with no money down. Additionally, the brand new HVAC system provided increased airflow while reducing heating and cooling costs. For one simple monthly payment, SoBRO received a turnkey efficiency retrofit as well as four years of guaranteed energy savings and ongoing maintenance and repairs.

Working with Revoltagen and Sparkfund was great. They understood exactly what our needs were and made sure the process was streamlined and simple so that we could continue to focus on our work.

- Phillip Morrow, Executive Director, SoBRO

Sparkfund's As-a-Service platform was a perfect partner for the Revoltagen ESA. Customers love the pay-as-you-save structure and we're thrilled about not missing out on deferred revenue.

- Evan Goldsmith, Revoltagen

The Result

  • Immediate savings. SoBRO will only pay Revoltagen per dollar saved through the EaaS Plan.
  • Increased focus on mission.. The savings from the lighting retrofit will allow SoBRO to focus on their community development mission.
  • Better lighting quality. The newly installed LEDs increase the quality of the lighting in the building drastically, providing higher lumen output, better light spread, and color uniformity.
  • Immediate revenue for Revoltagen. Sparkfund's capital for the EaaS plan enables Revoltagen to continue delivering comprehensive energy efficiency solutions across the U.S.
  • Reduced carbon footprint. The new LED installation will save 136,568 lbs of CO2 over the lifetime of the project.

Ready to learn more about Sparkfund?

Get started
See more case studies