Todae Solar is delighted to announce that we have been chosen by Charles Sturt University (CSU) to install a 1.77MW commercial solar system. CSU was declared Australia’s first carbon neutral university by the Minister for the Environment and Energy back in July after years of investment in environmental sustainability and carbon emission reduction. CSU will be joining a number of government agencies and education institutions to take advantage of commercial solar.
The installation of this system at CSU Wagga Wagga is the next step in the university’s environmental and sustainability strategy. It demonstrates their commitment to achieving their own sustainability goals while inspiring and encouraging regional and national organisations to achieve the standards required to do their bit to support the planet.
The system will use 6,012 solar panels spread across 11 buildings, making it one of the largest rooftop solar systems in Australia. The system is expected to annually produce approximately 2,620,000kWh of electricity which will be enough to power approximately 420 homes per day. In addition, it will provide almost 50,000 tonnes of carbon abatement over 20 years. That is equivalent to taking about 833 cars off the road each year. The system is expected to cover approximately 20% of CSU Wagga Wagga’s electricity bill and will be a hedge against rising electricity prices. Installation is expected to be completed by March 2017 and fully commissioned shortly after.
Through an innovative financing solution, Todae Solar was able to offer CSU a lower $/kWh electricity rate despite the campus already enjoying existing low electricity tariffs. The university will be able to install the system and enjoy cheap power in the first year without having to undertake any significant capital fund raising. Put simply, financially viable commercial solar is available now and we hope more organisations follow CSU’s leadership in reducing energy costs and environmental impact.