When considering whether to invest in solar energy, Velmade Prestige Metal focused sharply on the financial outcomes for the business. As a privately owned small-to-medium enterprise its primary focus is on operating costs and running a highly efficient business.
Infinite Energy’s unique financial modelling enabled them to make an informed decision that’s good for business.
After engaging Infinite Energy to install a high quality solar system to offset electricity costs, the company, which is a provider of processed metal fabricants to WA industry, sought a finance arrangement in order to convert the capital expense of going solar to an operating expense - the traditional realm of electricity cost.
Furthermore, with a building ideally situated for solar to suit the business’s energy consumption timing, Velmade Prestige Metal is realising the savings and improved cash flow it sought and unlocking further growth potential.
|Company||Velmade Prestige Sheet Metal|
|Installation Date||08 / 2014|
|Industry||Manufacturing, Engineering & Transportation|
|Solution||Solar Power System - System capacity 31.2 kW
|CO2- e. Abatement Per Year||40 tonnes|
|CO2 Equivalent Reduction||150 trees saved per year|
|Energy Output Per Year||52,800 kWh|
|Solar % of Consumption||38%|
|Grid Electricity % of Consumption||62%|
|Projected Payback Period||5.3 years|
|Year 1 Return on Investment||18%|
|10 Year NPV||$7,400|