Has your organisation invested in commercial solar panels, or are you considering deploying solar power? If so, you might be looking for ways to maximise your return on investment (ROI).
In today’s challenging business environment, adapting your energy strategy is crucial. Objective tracking of your assets’ cost and performance is becoming increasingly important. Without this data, you could face additional pressure on your bottom line, complicating your budget amid rising costs.
The Power of Panoramic Power
Panoramic Power’s end-to-end energy management and intelligence platform can help you clarify your energy picture. The benefits of real-time data start from the very beginning of your solar system’s lifetime. Panoramic Power can help you track your organisation’s electricity demand and energy costs. With real-time alerts and reporting, you’ll be able to view energy usage for your entire site. This can help you identify opportunities to cut wastage and reduce your total energy demand.
Lowering Usage and Reducing Costs
Lowering your energy usage means drawing less energy from the grid. This allows you to meet more of your total demand via your solar system, providing more stable prices and accurate forecasts. If you invested via capital sale, this could even help reduce your solar system’s payback period.
If you haven’t invested in solar power yet, tracking your energy usage can still benefit your business. Reduced usage means you’ll need a smaller system, with a 25% reduction resulting in a roughly 25% smaller solar system. This can lower your upfront costs and free up your budget for other investments.
Achieving Energy Efficiency
Energy efficiency is a priority for many organisations. For some, energy monitoring can deliver quick wins and effective short-term savings. However, progress can stall without a more granular view of energy usage and cost.
With device-level insights, you can track exactly how much energy you’re using and where. Panoramic Power provides a detailed view of where and when you could reduce your energy usage. By uncovering opportunities to cut back on wastage, you can ensure that you’re only using the energy you really need.
Transforming Your Energy Strategy
Pairing energy monitoring with commercial solar power can transform your energy strategy, offering dual benefits. Bringing your energy generation onsite reduces your reliance on grid supply, shielding you from volatile electricity prices. By tracking your energy demand, you’ll know you’re paying the right price for the right amount of electricity.
In conclusion, data-driven energy monitoring and insights can help you maximise your ROI in commercial solar power. By collecting, analysing, and acting on data-driven insights, you can bridge the gap between commitments and implementation, achieve your energy goals, and build a more sustainable future.
How Total Utilities Can Help
Our expert team can help you unlock significant energy savings with a short-term return on investment (ROI). Typically, we can identify up to 25% savings with an ROI of less than 2 years.
We offer the easiest-to-install, and fastest for ROI energy management solution, that scales effortlessly from a few devices to full-site or multi-site operations. Experience actionable insights and real-time analytics that drive efficiency and sustainability. Our solutions work for everyone, helping your organisation kickstart cultural transformation towards a sustainable future.
Total Utilities partners with Kristin School to provide real-time monitoring of solar panel performance with our world-class energy monitoring solution. Read their story here.
Imagine powering your organisation with clean, renewable energy while keeping costs under control. Well, a Solar Power Purchase Agreement (PPA) could help you achieve that.
A Solar PPA is a long-term contract allowing your business to procure electricity directly from a renewable power generator. This can consist of solar energy generated from on-site panels or offsite grid connected solar farms. This allows solar to be purchased as a commodity at a relatively low generation cost compared to forward energy market prices.
There are many different types of Solar PPAs–which I’ll discuss a little later in this article–so you can choose which type works best for your organisation.
Types of Solar PPAs
There are many different types of Solar PPAs, so you can choose which type works best for your organisation.
On-site PPAs
Commercial Solar PPA: This contract typically lasts 15 to 20 years and requires no upfront investment from you. The solar company takes care of everything—from designing and financing to building, operating, and maintaining the solar system at your site. You simply pay a fixed rate per kWh for the electricity generated, which is usually lower than the rates from the grid. This arrangement helps you reduce your reliance on carbon-intensive energy sources, maximise energy savings, and gain better control over your costs.
Private Wire PPA: Similar to the Commercial Solar PPA, this type utilises ground-mounted solar panels installed on nearby land. Electricity is transmitted directly to your site through a “private wire.” Like the Commercial PPA, it typically lasts 15 to 20 years and allows you to decrease your reliance on grid power while cutting costs and carbon emissions.
Off-site PPAs
Offsite PPAs are sourced from grid-scale generation assets, commonly categorised as “sleeved” or “virtual” PPAs. They offer several advantages over onsite PPAs:
The solar system can be built in optimal locations, ensuring higher efficiency.
Energy purchase amounts aren’t limited by your site’s capacity.
Contracts can be flexible, adapting to multiple sites or relocating if necessary.
Sleeved PPAs: Also known as corporate PPAs, these agreements involve you, an energy retailer, and an offsite renewable generation source. Typically, they are take-or-pay contracts, where you commit to purchasing a fixed volume of energy at a predetermined price. The retailer takes delivery of the renewable energy and incorporates it into your supply contract, often allowing up to 70% of your demand to be met by renewable sources. These contracts can range from 10 to 20 years, with shorter terms usually carrying a premium.
Virtual PPAs: Virtual PPAs, or synthetic PPAs, are structured as contracts-for-difference. They include a strike price for the generated electricity; if market prices fall below this price, you pay the generator the difference, and vice versa. This structure offers flexibility in the amount and location of energy supplied and can support multi-site models.
The New Zealand Energy Market
In New Zealand, the energy market is largely shaped by a handful of key players, with Contact, Genesis, Mercury, and Meridian accounting for around 90% of the electricity supply. This has historically limited options for large businesses seeking to secure energy directly from generators, as most businesses are seen as too small for generators to take notice. As a result, they have to deal with retailers where the cost of generation is defined by the market.
However, a wave of independent renewable energy companies is shaking things up. Collaborations like the recent partnerships between Ryman Healthcare, Mercury, and Solar Bay, or The Warehouse Group and Lodestone Energy, or Inghams and Lodestone Energy, are paving the way for organisations like yours to lock in long-term contracts at competitive rates.
How Total Utilities Can Help
Total Utilities offers PPA consultation services as part of our broader energy procurement solutions. As an independent advisor, we assess a wide range of options without bias, ensuring that we recommend the most suitable PPA strategy for your organisation.
To learn more about investing in an onsite or offsite Solar PPA, speak to our experts today.
New Zealand’s first grid-scale solar generation plant was recently opened in Kaitaia by Lodestone Energy, and Total Utilities was delighted to be invited to the opening for an exclusive first look.
Lodestone Energy, a leading solar company in New Zealand, has launched the country’s first grid scale solar farm, Kohirā, in Kaitaia. They recently celebrated this milestone at the grand opening, and announced having raised a further $55 million for solar farm expansion.
The Kaitaia facility has more than 61,000 solar panels installed, and the farm will generate up to 56 gigawatt hours of electricity annually. At peak output, this can supply all of the Kaitaia region’s electricity requirements.
Pivotal Point in Energy Generation
Gary Holden, Managing Director of Lodestone Energy, said the occasion marked a pivotal point in New Zealand’s electricity market, with the company delivering the first grid-scale solar generation plant.
“As New Zealand’s largest solar installation to date and the first solar farm in New Zealand to bid into the electricity market, this is a crucial step forward in the future of energy generation.
“Many organisations were involved in delivering this project and learnings from Kaitaia are being used in the construction of our other sites, with Edgecumbe close to starting generation and Waiotahe construction on target to be generating by the end of the year.”
The site’s official name Kohirā was gifted by Te Rarawa. Kohirā translates to suncatcher in te reo Māori and reflects how Lodestone harnesses the energy of the sun to generate electricity.
The partnership with local iwi aligns with Lodestone’s commitment to work with tangata whenua to deliver solar projects that empower both the regions in which they operate.
Chris Hargreaves reflects on Lodestone’s solar achievement
Total Utilities’ Director, Chris Hargeaves, says he was honoured to be invited along to the official launch of Kohirā. “The incredible amount of work that went into this project was evident on the day.
“Four years of extremely hard work became a shining light in the Kaitaia region and a first for New Zealand. Our country needs dreamers, and they need doers, and Gary Holden along with the Lodestone team are both.”
Chris explained that Lodestone’s Chief Financial Officer, Chris Jewell, told a great story about how after they initially met with the local Iwi and were told the story of how Maui harnessed the sun, Lodestone bought copies of the book that illustrates the legend.
“When Lodestone visited their suppliers in the UK, China and Australia, they gave away copies of these books to the contacts that they met. One in particular still reads the book to his six year old son, and his son is dead set keen on coming to New Zealand so that he can meet Maui.”
Innovative Design and Sustainable Practices
Additionally, Kohirā boasts an innovative agri-voltaic design meaning the land can be used for both farming and solar energy generation simultaneously. Solar panels are installed above crops or pastures, allowing agricultural activities to continue while generating renewable energy.
This approach maximises land use efficiency and promotes sustainable agricultural practices by combining food production with renewable energy.
Attendees including Chris were lucky enough to see the design first hands – a feature that will be rolled out across other Lodestone solar farms.
The company is currently developing five solar farms in the North Island, and has confirmed plans for three more in the South Island.
To find out more information about Total Utilities’ expertise in solar, renewable energy and sustainability, get in touch for a free consultation.
Here at Total Utilities, we’re putting on our eco-goggles to dissect Santa’s eco-efficiency (or lack thereof). Hold on to your elf hats because Ethical Ocean has unwrapped the numbers, and let’s just say, Santa’s sleigh ride isn’t exactly carbon-neutral!
Santa’s mileage: over 122 million carbon miles!
It’s no secret that Santa’s worldwide jaunt covers a whopping 122 million miles, but did you know it also churns out a staggering 69.7 million metric tonnes of carbon emissions? Ho-ho-hold on, that’s a lot of CO2!
Ripping Open Santa’s Carbon Wrapper
Ever wondered where the bulk of Santa’s carbon overload comes from? Surprise, surprise – it’s the toys! A hefty 68.1 million tonnes of Santa’s emissions stem from toy production, packaging, and toy disposal.
But hey, we’re not asking him to become the Grinch. Instead, we’re suggesting a workshop glow-up – solar-powered LEDs anyone? Maybe a little lighting inspiration from local company ELVO Solar could spark that North Pole magic?
Rudolph and the ‘Not-So-Naughty’ List
Even Rudolph and his reindeer buddies, magical as they are, clock in 53,667 metric tonnes of CO2 emissions. But don’t fret! That’s about the same amount of methane they naturally produce. It’s almost like Santa’s got his very own emission balancing act up there in the sky!
Sleighing carbon
So, all things considered, looks like it’s time for Santa to upgrade his ride. Perhaps a sleek, carbon-neutral sleigh with a ‘reinvented’ GPS that navigates the greenest routes?
Add in some locally-sourced magic dust, a factory powered by elf-generated energy, and voilà! Santa’s workshop – a hub of recycled dreams and eco-cheer!”
And Santa, (we know you’re a regular reader!) if you need any more suggestions to sleigh those carbon woes, take a look at our Carbon Insights service to effortlessly measure, reduce, and report carbon emissions while optimising your business for profitability. Why not have a read of our Carbon Insights Brochure, or just call us? 📞🎅
Explore Ethical Ocean’s damning full report card on Santa below:
Total Utilities partners with Kristin School to provide real-time monitoring of solar panel performance with our world-class energy monitoring solution.
Measuring and analysing solar power to calculate return on investment (ROI).
Tracking energy savings & identifying opportunities for improved solar performance.
Providing educational opportunities for students with solar lab to monitor real-time generation.
Helping Kristin School reduce reliance on grid and achieve sustainability goals.
Kristin powers its way to brighter, greener future
Kristin School in Auckland has been committed to sustainability for many years, with a target of reducing carbon emissions by 50% by 2030.
The school first began installing solar panels in 2019 as part of a sustainability initiative named ‘The Lightbox Project.’ Two years later, they called upon Total Utilities for a full solar review and to recommend a service provider for further solar installations to extend the solar project.
That done, the next step was to call upon our expertise to help them measure and quantify real-time solar generation and measure sustainability gains.
Using Centrica Business Solutions’ energy insights technology, Total Utilities was able to assist Kristin gain invaluable insights into solar power generation, whilst also providing amazing real-life learning opportunities for students with a solar monitoring lab.
Delivering competitive advantage with real time energy monitoring
Total Utilities has an exclusive partnership with Centrica Business Solutions to deliver its Panoramic Power energy insights solution.
Panoramic Power provides world-class energy visibility and intelligence using wireless sensor technology that transmits data from all energy-using equipment in real time to the Cloud.
Our expert team analyses data to provide cutting edge energy insights and advice to deliver cost and energy savings for clients.
Panoramic Power is quick to install, requires no maintenance and is a revolution in energy management.
Basking in solar
Working together with Total Utilities, Kristin School has gained important insights into the benefits of its solar investment:
Increased sustainability. Total Utilities has been able to provide real-time insights into energy savings – a major step forward in helping the school measure its carbon footprint and achieve its goal of becoming carbon neutral.
Reduced power consumption. Energy insights provided by Total Utilities show exactly where and when solar energy is being generated, providing reassurance on return on investment.
Carbon credits. Kristin can now accurately calculate excess solar generated, earning carbon credits to offset the school’s carbon emissions and generate revenue.
Educational opportunities. The ‘Power Radar’ dashboard is an invaluable educational resource for students to learn about how solar energy can be used to power schools, businesses and homes.
Kristin School’s glowing report card for Total Utilities
Director of Business Services for Kristin School, Nigel Wilkinson said;
“The energy insight tools provided by Total Utilities have enabled us to measure solar power generated building by building, and the dashboard is so quick and easy to use with no training. Before it was installed, it was difficult to have confidence in exactly what was being generated and used.
As well as reassuring us about the ongoing viability of solar panels, the solar dashboard now enables me to confidently report back to the school board on our solar performance.
Additionally, the solar lab provided by Total Utilities is an excellent educational tool for students, allowing them to assess data and learn about renewable energy for projects and assignments.
All new buildings and upgrades now include solar panels. I can only see an increase in student and parent interest in renewable energy, and it’s important for us to be able to report on our commitment to reducing emissions and improving sustainability both now and in the future.”
A greener future for our children
Total Utilities energy insights and reporting capability allows Kristin School to determine exactly how energy is consumed and potentially wasted on campus.
This is an important step forward for schools such as Kristin who require an affordable, data-driven solution to reduce waste and carbon emissions in order to meet the government’s goal of NetZero emissions by 2050.
Armed with energy insights provided by Total Utilities, schools and businesses can accurately measure cost-savings and environmental benefits of solar.
Our energy insight services are ideal for any school or business wanting to reduce costs and carbon emissions, drive efficiency and ensure reliability of power.
With the clock ticking on a global environmental crisis, harnessing renewable solar energy is a great step forward to ensure a brighter, greener future for our children.
As energy prices continue to surge and volatility reigns in the market, could now be the time for your business to bask in the cosmic power of solar?
Take a moment to factor in the potential cost savings, reputational benefits of clean energy, and the carbon savings your business can achieve – and it’s definitely worth taking a look. Or maybe even a second look if you haven’t considered it for a while.
Solar landscape changing
Total Utilities Director Chris Hargreaves said, “The landscape of how a company can integrate solar is changing and there are more options becoming available.
“While we continue to provide solar audits, and can design and install fully customised solar power systems, as well as advise on how to quantify carbon savings – we’ve also developed a hybrid solar option for our clients. This solution is a power procurement option that incorporates buying solar direct from a solar farm.”
Hybrid solar solution
NZ’s first solar farms aren’t expected to start connecting to the grid until somewhere between August or September this year, but Total Utilities’ hybrid plans enable clients to buy direct from a solar farm now using a power purchase agreement. This can then be combined with supply from their traditional energy retailer.
The solar gets supplied to the retailer, for example Mercury or Genesis, who can package it all up together and bill a hybrid price. Using this procurement solution, Total Utilities creates significant cost and carbon savings for our clients.
As Chris explained, “Some of the ten year prices we’re getting from solar generators are 11 cents a kilowatt. When you compare that to what power suppliers are delivering during peak periods – some months it’s close to 30 cents per kilowatt. So you can achieve quite a decent amount of savings with these hybrid plans.”
To simplify things, let’s take a look at three basic models of power procurement:
Here’s the traditional – vanilla if you like – method of power procurement direct from a power supplier AKA Meridian, Mercury et al.
This second model enables you to use your own generated rooftop solar topped up with power purchased from your power company in order to meet your total power demand.
The third, hybrid option means us arranging contracts where clients buy solar direct from solar farms to use in combination with your supplied electricity.
“The beauty of buying solar as a commodity is that even if you relocate your business site, you can still keep buying solar as it’s not tied to your location,” said Chris.
“So buying solar from a farm will be particularly attractive for customers who lease their premises or are likely to move – or for those who just don’t have a particularly feasible site.”
An array of solar services!
Total Utilities also provides solar feasibility audits to help identify whether actually installing solar power could be a good option for you. Our recommendations include a detailed analysis of cost benefits of solar versus implementation costs.
Chris explained that installing a solar array can lead to up to 25 to 40% reduction in energy usage, which results in reduced carbon liability from grid supplied energy. Then there’s the savings of 10 to 30% on total electricity cost – although this varies depending on how much energy is used at night and what the energy costs are for the given site.
This is a big saving when you consider that electricity is likely to be one of the top three expenses a business faces.
Boom time for solar
It appears that after some delay, the solar boom is finally on its way in New Zealand – following in the footsteps of other countries like Australia, where solar has almost 30% market share, and the US, which is aiming to generate 50% of its energy from solar by 2050.
Whether you’re making it or mixing it – solar is shaping up to be the way of the future to save carbon, money and the planet.
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