project highlights central storage & warehouse · 2018-11-08 · refrigerated warehouse...

2
Central Storage & Warehouse Central Storage & Warehouse (CSW), a large refrigerated and freezer warehouse facility, partnered with Verde Solutions to install the largest rooftop photovoltaic (PV) solar system in Wisconsin history. The family-owned business is excited they are now powering a good portion of their refrigeration needs with natural sunlight. Reduced Electricity Costs With a former utility blended cost of electricity of 10.2¢ / kWh, this system reduces their levelized cost of energy over the life of the system to about 3.2¢ / kWh, which will produce over $90,000 of direct energy cost savings per year. As the cost of electricity grow over time. particular project was able to take advantage of a one-time cash grant. Verde Solutions install the system provide ongoing positive Project Highlights Location Madison, Wisconsin Commissioned April, 2016 Capacity 741 kWdc / 660 kWac Production Estimate 905,500 kWh / year Panels 2,904 x 255W polycrystalline Mounting DeltaWing & Flush Mount Inverters 22 x 30kW/each Reference Project Refrigerated Warehouse $5.1 million in projected energy savings over 30 years. 5 0 10 15 20 25 30 20¢/kWh 10¢/kWh 30¢/kWh 40¢/kWh 3.2¢/kWh Levelized Cost of Solar Energy 10.2¢/kWh Initial Blended Utility Rate 30-year System Lifespan Energy Rate

Upload: others

Post on 28-Jul-2020

2 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Project Highlights Central Storage & Warehouse · 2018-11-08 · Refrigerated Warehouse Reference Project $5.1 million in projected energy savings over 30 years. 0 5 10 15 20 25 30

Central Storage & WarehouseCentral Storage & Warehouse (CSW), a large refrigerated andfreezer warehouse facility, partnered with Verde Solutions to installthe largest rooftop photovoltaic (PV) solar system in Wisconsinhistory. The family-owned business is excited they are nowpowering a good portion of their refrigeration needs withnatural sunlight.

Reduced Electricity CostsWith a former utility blended cost of electricity of 10.2¢ / kWh, this system reduces their levelized cost of energy over the life of the system to about 3.2¢ / kWh, which will produce over $90,000 of direct energy cost savings per year. As the cost of electricity

grow over time.

particular project was able to take advantage of a one-time cash grant. Verde Solutionsinstall the system

provide ongoing positive

Project HighlightsLocation Madison, Wisconsin

Commissioned April, 2016

Capacity 741 kWdc / 660 kWac

Production Estimate 905,500 kWh / year

Panels 2,904 x 255W polycrystalline

Mounting DeltaWing & Flush Mount

Inverters 22 x 30kW/each

Reference ProjectRefrigerated Warehouse

$5.1 million in projected energy savings over 30 years.

50 10 15 20 25 30

20¢/kWh

10¢/kWh

30¢/kWh

40¢/kWh

3.2¢/kWhLevelized Cost of Solar Energy

10.2¢/kWh Initial Blended Utility Rate

30-year System Lifespan

Ener

gy R

ate

Page 2: Project Highlights Central Storage & Warehouse · 2018-11-08 · Refrigerated Warehouse Reference Project $5.1 million in projected energy savings over 30 years. 0 5 10 15 20 25 30

Financing No net cash was invested, and energy cost savings began immediately.

40%Financed

30%Grant

30%Tax Credit

Solar reduces electricity costs which has a substantial impact on decreasing overall cold storage operating expenses.

Solar electricity production is synchronized with electrical demand times for refrigerated warehouses on sunny, hot

using various financing structures.

and longer days.

Solar systems can be immediately cash-flow positive

Solar creates a competitive advantage highlighting your commitment to sustainableand efficient business operations.

Sustainability

41,366,100 miles

19,100 tons

25,195,800 kWh

of CO2

of driving

About Verde SolutionsVerde Solutions is a turnkey energy consulting firm headquartered in Chicago, Illinois. Businesses can be confident of Verde Solutions' capability to professionally assess feasibility, design & engineer, install, commission, and maintain a solar system that will provide decades of emission-free electricity from the sun.

Projects offer significant cost savings relative to conventional utility electric rates.

Due to our extensive relationships with the world’s best-in-class solar component suppliers, clients receive an optimal balance of cost effectiveness and performance.

“Central Storage & Warehouse is proud to have partnered with Verde Solutionsto make this solar project a reality. We are excited by the opportunity to bothimprove our operating efficiency and reduce our environmental impact,consistent with our commitment to our customers and community.”

John Winegarden, CEO Central Storage & Warehouse

Benefits at a Glance

800.541.1137 2211 N Elston Ave Suite 208 Chicago, IL 60614