Solar Warehouse Case Study

Solar Warehouse Case Study

What would a business need with a solar warehouse? LR Wholesale faced a problem: Electric costs were already hitting the business hard, and looming rate increases were troubling. The owner of the business had a vision for investing in their own power.

The solar proposition for a warehouse

The owner found Renu Energy Solutions and consulted with their experienced staff about this ambitious dream to convert to renewable energy with a solar warehouse. Renu then drew up a plan and began the process of bringing the project to fruition, in close dialog with the customer.

The business owner learned that a 295 kW solar system would be suitable for offsetting utility bills, and there was going to be ample roof space available for an installation of this size. Federal incentives including a tax credit helped the project generate savings right away.

solar warehouse install imageAt that point the case was compelling, and LR Wholesale committed to go solar.

Project details and benefits

LR Wholesale’s solar system saved an estimated $23,800 in the first year of operation and allowed them to cut their grid energy usage and thereby reduce air pollution equivalent to removing 45 cars from the road for a year. The solar warehouse is projected to save LR Wholesale hundreds of thousands of dollars over the 40-year lifetime of the system, enhancing their financials.

For a large energy user, solar can be an especially wise investment: the customer dramatically cut use of grid power, saving demand charges and even relieving grid congestion.

 

Frequently Asked Questions About Something:

How exactly does going solar and a solar system itself work?
Solar energy begins with sunlight that hits the panels to produce energy that flows into your inverter, which converts the DC energy into Alternating Current (AC) electricity that can be used to power your home. This same energy is then consumed when powering your home’s light, appliances, gizmos, and gadgets. If you feel your home isn’t producing the energy that it needs, the utility will fill in the gaps. If you system produces more energy than needed, that energy will go to the grid and your utility will credit you for the unused power.
How many solar panels do I need for my home?
At Renu Energy Solutions we design our solar panel systems size based on three main factors.

Roof-size/available space: When we look at the size of your roof and the space available, we gather data that tell us the maximum number of solar panels your home or site can hold and we even consider shading. We use a software “Suneye” which takes a 360 picture of your roof and we use this photo to determine if your home is a good candidate for solar.

Energy Usage: When we determine energy usage we look at your past electrical bills from over the course of a year to make sure your system isn’t too big or too small.

Your Budget: We take your budget seriously and most importantly, we want you to be satisfied with our services. We take your feedback on how much you want to spend so that we can size your system appropriately.

What is solar net-metering?
Net-metering is a type of utility policy that controls how your system is connected to the grid and how you are credited for the solar energy you produce.
Does Duke Energy offer net-metering?
Yes! Both Duke Energy Carolinas and Duke Energy Progress territories in NC offer net-metering when your homes goes solar. If you are interested in net-metering, no worries. Our team will guide you through the process as certain utilities have a different application procedure.
Curious about the cost of a home solar system?
When our clients ask this question, we immediately tell Tham about the federal tax credit that comes with going solar. The Federal tax credit for going solar is 26% in 2020. For example, if the total cost of you system was $22,000, when you subtract 26% you are then left with a %16,280 solar system. There is not set price for a home going solar as there are many factors that contribute to the total cost. The price of a solar home can range from $10k to $100k based on the size of your roof, energy usage, aesthetic preferences, and of course, budget.

 

 

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