Lynch Toyota in Manchester Goes Solar Using C‑PACE Financing
Family-owned dealership installs solar carport projected to save nearly $1 million in energy costs
HARTFORD, Conn (February 17, 2026) – The Connecticut Green Bank and Lynch Toyota in Manchester are proud to announce the completion of a solar carport installation at the dealership financed through C-PACE. The 298.1 kW solar carport installed by Earthlight Technologies in Ellington is projected to save more than $968,000 over its lifetime.
Lynch Toyota in Manchester is a family-owned and operated car dealership founded in 1970 by Michael B. Lynch Sr. The dealership offers a wide selection of new and used cars, trucks, and SUVs, along with an autobody shop and a full-service department. Since 2003, Lynch Toyota has received Toyota’s President’s Award every year, recognizing excellence in customer satisfaction and operational performance.
“For us, covering our lot with solar panels makes both financial and practical sense. We are saving money, and it helps keep our vehicles protected from the elements,” said General Manager Conor Lynch.
Solar projects financed through Commercial Property Assessed Clean Energy (C‑PACE) are designed to achieve a positive savings-to-investment ratio, meaning energy savings are expected to exceed project costs over time, helping commercial property owners reduce operating expenses while investing in clean energy upgrades.
“A solar canopy can be a great option for a property owner wanting the benefits of solar when the roof isn’t the right choice and a large parking lot is available,” said Mackey Dykes, Vice President of Financing Programs at the Green Bank. “The best approach for property owners is to discuss their specific needs with a contractor and learn what makes the most sense for their situation.”
Since its inception in 2013, the C-PACE program has supported more than 429 projects and enabled more than $400 million in investment, allowing commercial property owners to focus on their businesses and reduce their energy costs.
To learn more about C-PACE, please visit www.ctgreenbank.com/c-pace/.
The solar carport at Lynch Toyota in Manchester.
About the Connecticut Green Bank
The Connecticut Green Bank was established by the Connecticut General Assembly in 2011 as the nation’s first state-level green bank and has since supported the creation of nearly 30,000 green jobs in the state, while reducing the energy cost burden on over 71,000 families, businesses, and nonprofits. The Green Bank’s vision is a planet protected by the love of humanity and its mission is to confront climate change by increasing and accelerating investment into Connecticut’s green economy to create more resilient, healthier, and equitable communities. This is accomplished by leveraging limited public resources to scale-up and mobilize private capital investment into Connecticut. In 2017, the Connecticut Green Bank received the Innovations in American Government Award from the Harvard Kennedy School Ash Center for Democratic Governance and Innovation for their “Sparking the Green Bank Movement” entry. In 2021, the Green Bank’s model was expanded to include new areas of environmental infrastructure, related to climate adaptation and resiliency, land conservation, parks and recreation, agriculture, water, waste and recycling, and environmental markets, including carbon offsets and ecosystem services. To date, the Green Bank has mobilized more than $3.1 billion into the State’s green economy. This has reduced the energy costs for thousands of families and businesses, and reduced greenhouse gas emissions that cause climate change and worsen public health.
For more information about the Connecticut Green Bank, please visit www.ctgreenbank.com.
For More Information, Contact:
Rudy Sturk (rudy.sturk@ctgreenbank.com)