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

Cooking Space

SAF supported negotiations with Cooking Space’s landlord enabling them to purchase solar with 100% finance.

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Booth Transport

A nationwide logistics business, Booth Transport must closely manage expenses to safeguard margins. Learn how Booth used multiple EUAs across the state to fund essential water treatment and solar cost.

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