David owns a metal fabrication business and had an electricity consumption bill of $3,700 per quarter. He was paying 26c +GST per kWh used.
David’s business operates from 7am to 5pm Monday to Friday and is closed on weekends. David asked us if we could help reduce his power consumption / power bill.
We analysed his power consumption and identified he was using 128kWh of power between 7am and 5pm each day Monday to Friday.
We recommended a 30kW Solar PV System which on average generates 126kWh of power each day. We installed the system at NO UPFRONT COST and set David up on a 5-year lease agreement.
Case Study - Metal Fabrication Business
David’s electricity consumption during business hours immediately reduced by 90%. This generated electricity savings of $2,137.00 per quarter.
On weekends, outside business hours David generates more power than he used which feed back to the electricity grid. David receives a feed-in tariff of 16.1c / kWh for this surplus solar power and receives a credit on his quarterly power bill of $662.00.
David’s total quarterly power bill savings = $2,769.00
David's quarterly lease payments = $1,958.00
Compared with prior to installing Solar, David’s business has now generated a positive cash flow of $811 per quarter without spending 1 cent.
After 5 years David then will purchase the system for $100. As he will no longer be required to make lease payments, his solar system will continue to make electricity savings of at least $10,000.00 per year for the next 20 years.
Reduce your business electricity costs immediately with Commercial Solar System!