With the cost of energy soaring and energy reliability continuing to decline, Paringa Estate on Victoria’s Mornington Peninsula has used an EUA to fix energy cost.
Peter sees that the long term Environmental Upgrade Agreement (EUA) has resulted in a 25% saving on existing accounts. This enables Peter to use savings to make repayments as well as funnel dollars back into the business….
With financial impact to the business his biggest concern, Kevin calculated whether the figures would stack up. The great news is that after installing the new solar system, the farm is 90% self-sufficient and Kevin is feeling confident in the future….
Funding a solar installation via an EUA (environmental upgrade agreement) was Peter’s best bet. But with little knowledge of solar systems – and how to finance them – Peter was unsure where to look for advice….
Building upgrades via an EUA provide win-win benefits for both tenant and landlord. The asset improves in value, while a business saves on energy costs without encumbering its balance sheet.
Hussey & Co is a lettuce farm on the Morning Peninsula that delivers quality produce to Australia and overseas. With four acres of land, multiple sheds and industrial processing facilities, it relies heavily on energy to stay in business….
SOLAR FINANCE CASE STUDY: SMF supported negotiations with Cooking Space’s landlord enabling them to purchase solar with 100% finance.