Large Spaces, Larger Energy Savings


Cogent Capital



The Eddy Street Self Storage facility is a 155,850-SF warehouse and storage facility in Providence, Rhode Island. Buildings of this size and type are typically large energy consumers; this new construction project offered the opportunity to implement energy efficient measures from the beginning.


A $3.2 million loan through PACE Loan Group which funded high-efficiency heating, ventilating, and air conditioning (HVAC) design, as well as LED lighting systems and controls.


The new construction facility will consume 26% less energy than a baseline code compliant facility. Greenhouse gas reduction associated with this greater efficiency is equivalent to the annual energy use of 421 homes. The energy conservation measures will save the building nearly $50,000 a year in energy costs.