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Summary

The Owners Council at Monterey Bay were looking for a solar solution to help reduce the cost of electricity across certain areas of their strata units. They were looking for a cost-effective system which could be used to power the common areas of the complex, including the gym, sauna, pool and spa during the day, and potentially power the security and building lighting at night. 

As part of a thorough procurement and due diligence process, the Owners Council requested quotes from four solar suppliers, including Synergy. They asked for both solar and battery storage options to meet the requirements of their residential complex.

The team also engaged an electrical engineer to review the proposals for energy monitoring and management, production, the estimated payback period and return on investment. The proposals were ranked using these criteria.

They chose a Synergy SolarReturn system because of the overall cost, payback period, return on investment over a 5-year period and the customer service support they received during the quotation process.

In 2018, a 12.96kW system (with 48 solar panels) was installed at the complex. In the original proposal from the Synergy SolarReturn team, it was estimated that the Owners Council could save an estimated $4,811 per year.# 

#Estimated potential savings only based on system size, expected output and calculated against historic electricity supply costs based on current tariffs.

 

Project Overview

INDUSTRY

Property

LOCATION

Halls Head

INSTALLATION DATE

05/2018

SYSTEM SIZE

12.96kW

SOLUTION

48 x Q-Cells Q.Power G5 270W Panels
1 x Fronius Symo 10.0kW Dual Tracker

 

Future Forecast

ESTIMATED ANNUAL BILL OFFSET*

39%

APPROXIMATE PAYBACK PERIOD*

2.8 years

 

Project Challenges

The Monterey Bay Owners Council were originally interested in a combined solar and battery storage system solution. After much consideration, they decided to pursue a solar system without battery because of the relatively long payback period associated with the battery.

After the system was installed, some minor modifications were needed and these were completed promptly and without any extra charge.

 

Testimonial

"We’re happy with how things turned out, we went out and got 4 quotes and reviewed them with the help of an electrical engineer, we were most satisfied with Synergy's response. We installed solar to offset pool pump and spa that typically runs from 8 AM to 6 PM most days of the year, after the first year it looks like we'll have saved around ~$5k, so the system should pay itself off in less than 3 years." 
-Chris Jacobs, Caretaker on behalf of the Monterey Bay Owners Council

 

*Estimated annual bill offset and approximate payback period are indicative only based on system size, the price paid, historic consumption and electricity supply costs for the premises and current electricity tariffs.  If the consumption habits at this premise significantly change, the estimated annual bill offset and payback period will also change. 

Investing in solar energy for your business could help you to bring down your electricity costs and reduce your environmental impact. Our SolarReturn team can use their industry expertise to match the unique way your business uses electricity with a solar solution to suit your commercial needs.

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We'll take in to account your consumption history, location, usage patterns and how much you currently pay for electricity. A quick chat to better understand your business needs - will help us figure out if you will or won't better off with solar power.

Find out if SolarReturn will be right for your business...

We'll take in to account your consumption history, location, usage patterns and how much you currently pay for electricity. A quick chat to better understand your business needs - will help us figure out if you will or won't better off with solar power.

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