1. Hunt Electric 1920 Carport
Case Study
System Specifications:
Location: 1920 West Alexander Street
Salt Lake City, Utah, 84119
Canopy System Size: 25,125 Watts
Roof Top System Size: 4,320 Watts
Battery Backup System Size: 2,940 Amp hours
Microgrid SCADA System
Four Electric Car Charging Stations
Term: 20 Years
Annual Interest Rate: 6.5%
Total Financed Cost: $100,500.00
Year Built: 2015
Energy Savings: $318,100.00
CASH FLOW + DAY 1
Net Positive Electric Building
Overview:
Hunt Electric expanded their commitment to renewable
energy by installing a renewable energy system that makes
their second office location a net positive electric building.
This project was fully financed with the State of Utah’s
Commercial Property Assessed Clean Energy (C-PACE)
Program. This was the first renewable energy project in Utah
that utilized this type of financing.
The project included a solar canopy to provide covered
parking for employees and guests. In conjunction with the
Microgrid, load shedding, and battery backup, this system
allows for off-grid capabilities in the event of an emergency.
Additionally, Hunt Electric incorporated four electric vehicle
car charging stations that offer free charging capabilities for
the community/public, fleet, and employees.
UTAH

2. C-PACE Financing
What is C-PACE?
Commercial Property Assessed Clean Energy is an innovative way to finance
energy efficiency, renewable energy, and water conservation upgrades to
buildings. Interested property owners select measures that achieve energy
or water savings and receive 100% financing, repaid as a property tax
assessment for up to 20 years. This assessment mechanism has been used
nationwide for decades to access low-cost, long-term capital to finance
improvements to property that meet a public purpose.
How C-PACE Works:
1. Building owners work with approved contractors to design energy
efficiency and water conservation projects.
2. A municipality sets up a voluntary assessment area for the property and
issues a bond.
3. Bond proceeds provide 100% upfront financing for the efficiency project.
4. The assessment is repaid by the property owner through the property
tax bill.
H u n t E l e c t r i c . c o m | 8 0 1 . 9 7 5 . 8 8 4 4
One Company, 7 In-house divisions
Renewable Energy Electrical Design-Build I.T.S/Data
Communications
Traffic &
Infrastructure
Transmission &
Distribution
Service &
Preventive Maintenance
Eligible Projects:
Energy Efficiency, Renewable
Energy, and Water Conservation
The C-PACE Advantage
• No money down
• 100% upfront financing
• Up to 30 year terms
• Loan does not show up as debt on the
business’ balance sheet
• Increases building value and net
operating income
• Assessments transfer with sale of the
property
• Addresses split incentives and costs
may be passed to tenants
Property Requirements:
• No delinquent taxes, special
assessments, or water sewer charges
on the property
• No recorded notice of default,
foreclosure, or delinquency on
any trust deed or other lien on the
property that has not been cured.
• No involuntary liens, including a lien
on real property, or on the proceeds
of a contract relating to real property.
Unique Strengths
30+ years in business
A single-source solution to all your project needs
In-house Electrical Engineers and NABCEP Certified Professionals
24-hour, on-call service
A training based culture with a state-of-the art training center
Eligible Properties:
All privately owned commercial
properties and residential
properties with 4+ rental units

3. 15-Dec 64%
16-Jan 94%
16-Feb 109%
16-Mar 121%
16-Apr 105%
16-May 107%
Six Month Average
100%
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16
1920 West Alexander Street
West Valley City
CANOPY SOLAR PRODUCTION (kWh)
(AS DESIGNED 2015)
Actual (kWh)