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