YHI Installs Solar Power at Christchurch Branch
Power Usage The average daily power usage of our Christchurch branch is 85kWh per day. With an average monthly power cost of $600.00 excluding GST.
Savings Installing a 10kW system provided an average production of 40kWh per day. This gave us an average daily power saving of 47% almost halving the daily cost of power for the branch!
Further Benefits Because very little power is used on the weekends, we sell power back onto the residential grid at a rate of 0.25c per kWh for the first 5kWh per day and 0.10c per kWh for every KWh produced thereafter. This gives the sell back return of approximately $4.00 per weekend to further offset our power costs. We have also avoided 720kg of CO2 emissions.
Financial Analysis The retail cost ofa 10kW Solar installation is $28,000.00 excluding GST, the financial analysis indicates a profit contribution in the fifth year of operation whilst the cash flow analysis indicates a positive cash flow return in year ten.
With a life expectancy of 20 years this system offers a healthy return on investment and long term positive cash flow.
System Specifications Forty 250W Renesola Panels and a 3 Phase 10kW SMA inverter, Neuton Power Aluminium Tin Interface Kit and Neuton Power railing system.