This was the first solar project in the city of Yorba Linda!
Command Access is a manufacturer and modifier of high-quality electric locks, panic hardware, power transfer products, power supplies and support components.
Why solar? Cut and dry. Command Access saw the return and that they could offset their energy costs. We monetized the tax incentives and got almost 70% of their investment back, with ~50% in the first year!
Estimated 25 Year Savings? $1,165,020
Estimated Electricity Offset? 79%
Diverse real estate developer that focuses on commercial, multi-family, and strip center construction and property management.
The tenant, CVRC Merced (Central Valley Regional Center of Merced) is a private, nonprofit corporation, funded by the State of California, to provide services to persons with developmental disabilities and children at risk.
This project came to life because Latco was willing to transfer all of the savings from the solar system to the tenant, in return for a 20-year lease on the facility. The developer was able to take advantage of the tax incentives as CVRC is a non-profit, while the tenant was able to monetize the savings over the term of the lease and lower their $/sq.ft. to the lowest in the area for a new/modern facility - a win-win for both parties.
The Hokto Kinoko Company was established on July 2006 in a state-of-the-art specialty mushroom facility in San Marcos, California. They are committed to the research, development, and production of mushrooms as a superior health food.
Pre-Solar usage? 2,710,251 kWh
Why solar? Hokto-Kinoko wanted to reduce expensive energy costs to a fixed renewable source. They also did not want to pay for a new roof so when we showed them that the savings in the first year were going to cover the new roof expenses, they were on board! They considered financing the system through PACE, but later decided to pay cash to keep more of the savings instead of paying interest.
Why Energy Storage? We are using energy storage to offset the peak demand charges. Lowering these charges, lowers demand related costs for the entire billing period. The software knows when the highest demand charges will occur and uses battery power instead of utility power to minimize the demand charges and offset part of the hourly kilowatt charge.
Estimated 25 Year Savings? ~$9.7MM
Estimated Electricity Offset? 59.8%