Commercial Solar Case Study

Delta Commercial Property Landlord Goes Solar

Location: Delta, BC
Project Size: 29 kW
Number of Solar Panels Installed: 111
Est. Annual Energy Consumption: 30,800 kWh
Tax Benefits*, first 3 years: $2,112

Having installed solar on his home in Tsawwassen, the owner of this mixed use commercial property in Delta was already convinced that solar makes a great investment. He decided it was time to put the roof of his commercial rental building to work too. Phase one saw 111 solar panels powered up in March 2016, with eventual plans to fill the rest of the roof with panels, as funds are available.

A Safe Investment in Uncertain Times

With a long-term perspective, an investment in solar made sense when compared to alternatives: either the uncertainty of stock markets, or historically low interest rates on fixed income investments. Investing free cash in solar created an opportunity for great long-term returns with very little risk, especially when paired with Penfolds’ industry leading 40 year warranty.

Hassle Free System

Managing multiple businesses, having a system that did not require constant attention was important. Online web monitoring and automatic fault detection alerts sent directly to Penfolds left nothing to worry for the customer.

Multiple Benefits

In addition to economic benefits; upfront tax breaks on capital costs, increased building value, reduced carbon footprint for building and lower building cooling needs due to thermal barrier created by the panels were all seen as value adding benefits.

* Based on a marginal tax rate of 26% and assumes the purchaser has a “tax appetite” for deductions.

Peace of Mind to all Penfolds Roofing & Solar Projects

Funded Managed Warranty Program

Penfolds Roofing & Solar Inc., with over 80 years of service, already offers the most comprehensive warranty package available in the industry. Most of our products are custom manufactured by leading roofing shingle manufacturers under Private Label Agreements. This enables us to incorporate the Product warranty and the Workmanship Warranty into a single Peace of Mind Warranty for our entire range of products.

Funded Managed Warranty Program

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