At the summit in Toronto that drew senior executives from Canada and around the world, one common thread emerged: Capital favours sustainable businesses. Deutsche Bank have more confidence investing in companies that disclose their greenhouse gas emissions. Investors see climate change issues as material to their investment decisions. Accountants see environmental information as an integral part of a company’s full performance picture.
Operational since early 2010, the huge 800-panel solar rooftop system costs $1.85 million to build. The third part of this case study focuses on financial details. We look at the startup costs, operating costs, income from the high profile Ontario Feed-In Tariff program, and most importantly, the projected payback period.
Canadian luxury hotel giant Fairmont partners with World Wildlife Fund Canada to reduce its greenhouse gas emissions. We look at how Fairmont Waterfront, Chateau Lake Louise, Château Laurier, and Château Montebello implement their climate change projects in solar, hydro, wind, lighting retrofit and heat recovery, with project costs between $15,000 to half a million and payback time between 2 to 5 years. Future savings after payback could be very substantial.
This is the second part of our case study on Canada’s largest solar rooftop. Located in Mississauga, just outside Toronto, the building’s construction was completed in Fall 2009. The rooftop solar system became operational in early 2010. It is the first system that feed electricity into the provincial power grid under the high profile Ontario Feed-In Tariff program. In this installment, we will look at the details of the system design and installation.
Canada’s largest solar rooftop became operational in early 2010. Located in Mississauga, just outside Toronto, it is the first system that feeds electricity into the Ontario power grid under the high profile provincial Feed-In Tariff program. This multi-part case study looks at the pioneering system’s design and installation, hardware components, Feed-In Tariff program application, financial analysis, its effect on the corporate culture, and some of the surprises.