Ravensthorpe
SOLAR | HOSPITALITY
Annual Savings
$7,451 + GST
61.2 tonnes CO2
![](https://www.energyandcarbon.com.au/wp-content/uploads/2019/07/Ravensthorpe_logo_small.png)
Problem
The client was looking to reduce energy costs and carbon footprint.
Solution
A 19KW Solar PV System, including top rated solar panels and inverter technology from the world’s leading manufacturer, Trina and SMA Inverters, was installed. The system is expandable as the new residential facility comes online.
Results
- $32k + GST Project Value
- 30% or $9954 + GST Funded by the Federal Government’s “Renewable Energy Target”(RET) “Small Technology Certificates” (STC’s)
- $22k + GST Payable
- 24% of the site’s electrical needs will be produced by the new solar system
- 100% of the produced electricity will be used on site
- The system will be cash flow positive from Day 1, with a first year cash flow improvement of $ 3,588 + GST after paying the CEFC funded lease costs. This will directly improve the business bottom line.
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