April 28, 2016
A Burlington-based senior living community has completed a $8.9 million renovation project to upgrade its energy infrastructure.
The project to upgrade Masonic Village was led by Carlstadt-based ENER-G Rudox Inc., in partnership with the Masonic Charity Foundation of New Jersey, Blue Sky Power and MCFA Global.
“With this project, ENER-G Rudox delivers a solution that many are excited about, but few have accomplished. We have been able to turn the ‘academic’ potential of microgrids that drives analysts’ optimism, into a practical real world solution. The total package will provide economic benefits, as well as redundancy and sustainability for Masonic Village and allow the facility to reduce its carbon footprint by approximately 452 metric tons per year, the equivalent benefit of negating more than one million miles driven by the average car,” Ryan Goodman, president, ENER-G Rudox, said in a prepared statement.
The multimillion dollar energy infrastructure makeover to the community was financed sing ENER-G Rudox’s energy savings agreement. The agreement will allow Masonic Village to be responsible for $0 upfront costs and is expected to save the property more than $209,000 annually over its 20-year contracted term.
The project received a $996,000 grant from the New Jersey Board of Public Utilities.