Renewable Energy Project: Solar Panels & Energy Efficiency
This project is helping the town of Yackandandah get a bit closer to its 100% renewable energy goal. Yackandandah Health is the local non-profit community-owned hospital.
Yack Health had already installed a 90kW solar PV system and started replacing their lights with LED alternatives, but they have a lot of lights! They asked us to help replace the rest of their lights, and we were happy to do so, since simply improving energy efficiency will take the town a lot closer to reaching the 100% renewable energy goal.
This project is fully funded – Thank you!
Status: Funded project – loan fully repaid
Loan amount: $20,000
Loan repayments: $1,000/quarter
Replacing fluro light fittings with 24W LED oyster fittings in all hallways, residents\’ rooms and ensuites.
Replacing fluro fittings with 9W LED tubes in utility rooms and skylights.
Replacing 57 external security lights with 14W LED bunker fittings
Cost: $26,443.56, with CORENA lending $20,000 of that
Expected savings: Since the hospital is on a demand tariff and it is difficult to accurately estimate exactly how much demand charges will be reduced, we couldn’t calculate an exact savings figure, but Yack Health agreed to set a 5-year payback period.
Reduction in carbon emissions/yr: Equivalent to 2.89 average households using renewable electricity instead of grid electricity