547 x 440W Solar panels
2 x 110kw & 1 x 50kw solar inverters
4 Years Real Payback time
23.3% Return on investment
Solar for healthcare
Executive Summary:
Sunshine Solar has successfully installed a 240 kW solar power system at Terrace View Retirement Village. This strategic initiative demonstrates the commitment to environmental stewardship and represents a significant step forward in its sustainability journey. This case study outlines the system’s impact during its initial period since launch.
Results:
1. The self-consumption rate averaged 54%, indicating a substantial utilization of the solar energy generated. This high rate of self-consumption reflects the efficiency of the system in meeting the facility’s energy needs, maximizing the benefits of the solar installation and minimizing reliance on external energy sources.
2. Grid Independence and Export: The retirement village has substantially decreased its dependence on grid energy, with 46% of the solar energy generated being fed back into the grid, strengthening its position as a prosumer in the energy market.
3. Financial Impact: The solar investment has resulted in 53% of the center’s energy being sourced from solar each year, leading to substantial cost savings and speeding up the journey toward the system’s return on investment (ROI).
Environmental Contributions:
1. CO₂ Emission Reduction: During the reporting period, the solar system has prevented around 37 tons of CO₂ emissions each year. This impact is comparable to taking over a dozen cars off the roads annually.
2. The system’s lifetime impact is equivalent to planting 6,522 trees, which further underscores the positive ecological footprint created by the center’s commitment to sustainable practices. This achievement highlights the long-term environmental benefits of their green initiatives.
Conclusion:
The Terrace View Retirement Village’s venture into solar energy has proven to be an outstanding success, yielding significant financial savings and making a notable contribution to reducing environmental impact. This initiative sets a new standard for renewable energy integration within the healthcare sector, offering a replicable and inspiring model for other organizations to adopt in their pursuit of sustainability.
