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

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Tibaldi worked with SAF and Beon Energy Solutions to install over a megawatt of solar power on their vast roof space, one of the largest roof mounted systems in Victoria.

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Integrity Fruit

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….

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