Client

Rye Hotel

Council

Mornington Peninsula Shire

Installation Partner

Priority One

Project Overview

Rye Hotel is a well-established business which includes a bistro, café, beer garden, bar, function rooms and resort style hotel with conference facilities. The accommodation facilities include 13 beach-front plus 30 poolside suites. Owner and manager Peter Houghton had been planning the installation of solar panels at the site for some time, however, the main obstacle when contemplating a solar panel installation of this size was the upfront cost. EUF overcame this cost barrier, allowing the savings from reduced power bill to pay for the repayments.

Upgrade details
  • 329 Solar Panels (88kW capacity)
  • Electric Vehicle charging stations
Outcome

This upgrade resulted in a 25% immediate saving on accounts, allowing the savings to cover the loan repayments. The expected savings over the 25-year asset lifetime are $560k

Rye Hotel

We could never have come up with that kind of money to fund solar panels on our own, so we’re very grateful to Sustainable Australia Fund for their help and making that happen

Other Success Stories

Ritchie’s Supa IGA

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.

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Hussey & Co

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…

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