490kW + 360kW Rooftop Solar PV
ARYZTA initially reached out to Smart regarding their Dandenong South site, motivated to combat rising energy costs. This site was increasing its operation to include two shifts and the concern was this will increase energy further. ARYZTA had recently completed various energy efficiency projects and saw solar as the next logical step.
Smart was chosen based on the quality of products, price competitiveness and maintaining an honest and transparent relationship throughout the sales process. The Dandenong South site was initially pinned for 490kW but structural limitations led to a 360kW system being installed. Through Smart's feasibility process it was discovered that there were structural engineering limitations. Thus, the system was designed to work within constraints and to have a meaningful impact on energy consumption whilst having no impact on operations of the business, maintaining output for their large clients such as McDonald’s.
The 360kW system was financed via a lease with financial forecasts showing a considerable positive cash flow position. One year into the operation of the system Smart's service team identified a recurring fault with an inverter, whilst this was being resolved with the manufacturer under warranty claim a large portion of the system was unoperational. The inverter was ultimately replaced and rectified at the manufacturers cost, however the loss in performance was felt by the customer.
The VIC installation was seen as a massive success and motivated ARYZTA to look at other sites. The next logical site was the Sydney
ARYZTA provided forward energy pricing as a benchmark for the PPA, with the lowest cost/kWh coming to ~11c. The 460kW project was designed over 2 stages so the customer could get the maximum Renewable Energy Credit benefit. Smart ultimately delivered the system well below the customers market rates at a cashflow positive position for the whole 10 year term. After the 10 years the customer can take ownership of the system and engage Smart for O&M, or keep the asset off balance sheet with a reduced PPA Rate.
The system was delivered with no upfront cost and is projected to save $150,000 per year.