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November 30, 2014 [CASE STUDY] CLT 014 Maintenance and Properties CLT 014 –Solar Panel Installation (Green Initiative) Situation: Saia’s support for green initiatives is a key strategic goal within the company and is constantly being reviewed and considered alongside annual budget planning associated with the Maintenance and Properties department. Identifying strategic facilities that would most benefit by the implementation of such projects is an ongoing directive. While the directive is clear, Saia’s duty to invest its capital towards investments that will provide strong ongoing returns are also considered, and make up a multipronged approach in determining how Saia can continue to lead the industry when it comes to environmentallyfriendly business practices. Solution: Saia engaged a solar consultant to work in conjunction with the accounting department to explore numerous locations and determine which property would benefit Saia operations most by the application of solar panel technology. Through this process Saia was able to identify due to available tax credits and the size of the operation, along with its geographical location that Saia’s operation located in Charlotte, NC would be at the top of the list when considering the payback period of the investment. Saia took this recommendation and developed a Request for Proposal to identify a vendor who had the qualifications and price point that would meet Saia’s expectations. End Result: Through the RFP process Saia selected Brightergy, a full service energy company, as our energy partner. With Brightergy’s assistance Saia was able to design and construct a solar PV system which not only offset but exceeded Saia’s Charlotte, NC facilities entire annual energy consumption requirement. For this reason, Saia was advised to enter into a buyall sellall agreement with their energy service provider to be able to benefit from the excess production. During the process Saia also benefited from Brightergy’s discovery that the energy tariff with which it had been paying its bill was outdated (due to a reduced consumption rate caused by a previous green initiative involving energy efficient lighting, which was performed in 2012). At Brightergy’s advice, Saia revised the tariff to align with the most recent energy use information which led to an annual estimated savings of $10,000 per year, and was not part of the initial estimated ROI at the Charlotte facility. The project was completed in October of 2014 and Saia is continuing to explore other areas in the country for opportunities to reduce and offset their energy consumption with green alternatives. Real Estate Manager: Jesse Kelley Project Manager: Brett Rabe Energy Partner: Brightergy Location: Charlotte, NC Use: Saia LTL Terminal Project Statistics: 290 Kilowatt System 880 Solar Panel Array Estimated 4.5 year ROI including available tax credits and tax depreciation 15year energy service contract utilizing buyall/sellall arrangement. Energy/Environmental Statistics: System is sized to offset 100% of power consumption being utilized by Saia’s Charlotte, NC operation Annual energy production estimated at over 430,000 KWH Annual energy revenue estimate exceeding $28,000.00 Enough electricity to power 805 60watt light bulbs for 24hoursaday 365daysayear Enough clean power to eliminate 329 tons of carbon dioxide omissions Electricity production equivalent of the CO2 emitted from burning 600 gallons of gasoline each week for an entire year It’s like planting 245 acres of US forest in one year

CLT 014-001 Solar Energy - Case Study - Copy_RSEdits

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Page 1: CLT 014-001 Solar Energy - Case Study - Copy_RSEdits

November 30, 2014  [CASE STUDY] 

 

CLT 014  Maintenance and Properties    

                                   CLT 014 –Solar Panel Installation 

(Green Initiative) 

Situation: 

Saia’s support for green initiatives is a key strategic goal within the company ‐ 

and is constantly being reviewed and considered alongside annual budget 

planning associated with the Maintenance and Properties department.  

Identifying strategic facilities that would most benefit by the implementation of 

such projects is an ongoing directive.  While the directive is clear, Saia’s duty to 

invest its capital towards investments that will provide strong ongoing returns 

are also considered, and make up a multi‐pronged approach in determining how 

Saia can continue to lead the industry when it comes to environmentally‐friendly 

business practices. 

Solution: 

Saia engaged a solar consultant to work in conjunction with the accounting 

department to explore numerous locations and determine which property 

would benefit Saia operations most by the application of solar panel technology.  

Through this process Saia was able to identify ‐ due to available tax credits and 

the size of the operation, along with its geographical location ‐ that Saia’s 

operation located in Charlotte, NC would be at the top of the list when 

considering the payback period of the investment.  Saia took this 

recommendation and developed a Request for Proposal to identify a vendor 

who had the qualifications and price point that would meet Saia’s expectations. 

End Result: 

Through the RFP process Saia selected Brightergy, a full service energy company, 

as our energy partner. With Brightergy’s assistance Saia was able to design and 

construct a solar PV system which not only offset but exceeded Saia’s Charlotte, 

NC facilities entire annual energy consumption requirement.  For this reason, 

Saia was advised to enter into a buy‐all sell‐all agreement with their energy 

service provider to be able to benefit from the excess production.  During the 

process Saia also benefited from Brightergy’s discovery that the energy tariff 

with which it had been paying its bill was outdated (due to a reduced 

consumption rate caused by a previous green initiative involving energy efficient 

lighting, which was performed in 2012).  At Brightergy’s advice, Saia revised the 

tariff to align with the most recent energy use information which led to an 

annual estimated savings of $10,000 per year, and was not part of the initial 

estimated ROI at the Charlotte facility.  The project was completed in October of 

2014 and Saia is continuing to explore other areas in the country for 

opportunities to reduce and offset their energy consumption with green 

alternatives. 

 

Real Estate Manager:  Jesse Kelley 

Project Manager:  Brett Rabe 

Energy Partner: Brightergy  

Location: Charlotte, NC 

Use:  Saia LTL Terminal 

Project Statistics: 

‐290 Kilowatt System 

‐880 Solar Panel Array 

‐Estimated 4.5 year ROI including 

available tax credits and tax 

depreciation 

‐15‐ year energy service contract 

utilizing buy‐ all/sell‐ all arrangement. 

Energy/Environmental Statistics: 

‐System is sized to offset 100% of power 

consumption being utilized by Saia’s 

Charlotte, NC operation 

‐Annual energy production estimated at 

over 430,000 KWH  

‐Annual energy revenue estimate 

exceeding $28,000.00 

‐Enough electricity to power 805 60‐

watt light bulbs for 24‐hours‐a‐day 365‐

days‐a‐year 

‐Enough clean power to eliminate 329 

tons of carbon dioxide omissions 

‐Electricity production equivalent of the 

CO2 emitted from burning 600 gallons 

of gasoline each week for an entire year 

‐It’s like planting 245 acres of US forest 

in one year