Keg and Barrel 2019
Saving $11,640.87 during their first year
|
Electricity without Solar |
$23,599.03 |
|
Total Cost with Solar |
$11,958.16 |
Keg and Barrel is a popular Steak House operating in Port Noarlunga. They are open for lunch and dinner 7 days a week and use a substantial amount of electricity during the evenings.
Keg and Barrel installed their 30 kW Solar Panel system in December 2018. They have enjoyed 12 months of substantial savings of $11,640.87 during their first year of operation by switching to solar energy generation.
Keg and Barrel system generated a total of 41640 kWh during 2019 exceeding our modeling of 39785kW by 1855kWh. This system cost a total of $19,993 in December 2018 (due to a substantial STC discount). During their first year of operation they consumed 62730 KWh of electricity at an average cost of $0.38 cents per KWh. This would have cost them $23,599.03 without installation of their Solar Panels.
By choosing a quality Solar Panel installation from Solar Spot, Keg and Barrel paid a mere $11,958.16 for their electricity consumption during 2019. This saved Keg and Barrel $11,640.87 during 2019. The data below shows these calculations.
|
Electricity Costs Before |
$23,599.03 |
|
Electricity Before (KWh) |
62730 |
|
Average cost per KWh |
$0.38 |
|
Consumption After Solar Installation |
KWh |
|
System Production |
41640 |
|
Self Consumption |
23850 |
|
Export |
17790 |
|
Import |
38880 |
|
Consumption Costs After Solar Installation |
|
|
Export per KWh |
$0.15 |
|
Export Income |
$2,668.50 |
|
Import Average Cost KWh |
$0.38 |
|
Import Costs |
$14,626.66 |
|
Total Cost of Annual Power |
$11,958.16 |
|
Solar Annual Savings |
$11,640.87 |
*The Import Average Cost KWh was obtained from https://www.canstarblue.com.au/electricity/electricity-costs-kwh/
The Return on Investment is just 1.7 years for this system due to a final price of $19,993 and a saving of $11,640,87 during the first year.
Inverter: SolarEdge SE 27.6
Panel: Sapphire Solar 300W Mono
For a great meal in Port Noarlunga for lunch or dinner, please visit: https://kegandbarrel.com.au/
Philatelics (Australia) Pty Ltd
Saved $4,966.60 during 2019
|
Electricity Costs without Solar |
$8,021.80 |
||
|
Electricity Costs with Solar |
$3,055.20 |
Philatelics (Australia) Pty Ltd is an Auction House operating out of Royston Park that specialises in Stamp, Coin, Banknote and Collectibles.
Their energy consumption last year (2019) was 21,110 kWh. If they had not upgraded their system this would have cost them $8,021.80 (at an average of 38 cents per kWh).
However, as they have upgraded their system to 52 kWh, this has resulted in a total saving of $4,966.60 for 2019 for a total investment of $13,511.00. This means that their system will generate a Return on Investment in 2.7 years. This is illustrated below.
|
Electricity Use Before Solar |
21110 KWh |
||
|
Average cost per KWh |
$0.38 |
||
|
Consumption Costs Before |
$8,021.80 |
||
|
Consumption with Solar |
|||
|
System Production |
17670 |
||
|
Self Consumption |
10070 |
||
|
Export |
7600 |
||
|
Consumption |
21110 |
||
|
Import |
11040 |
||
|
Consumption Costs with Solar |
|||
|
Export per KWh |
$0.15 |
||
|
Export Income |
$1,140.00 |
||
|
Import Average Cost KWh |
$0.38 |
||
|
Import Costs |
$4,195.20 |
||
|
Total Cost |
$3,055.20 |
||
|
Savings |
$4,966.60 |
||
|
Return on Investment in years |
2.7 |