Solar System Success!
CDM Logistics, one of Australia’s leading logistics and warehousing companies has installed solar systems to their Melbourne and Sydney transport terminals and are already reaping the benefits.
“Financially we had anticipated a cost neutral situation for eight years, then free electricity once we owned the system. However, in Melbourne the electricity retailer has already given us a $2,000 credit for the first quarter,” said Alfred Colvin, CEO of CDM Logistics.
The solar systems were installed to reduce the effects of rising energy bills and carbon pricing. But in the process, CDM will see even more benefits. Having a solar system in place will raise the value of property leasing in comparison to other facilities in the area
But CDM isn’t the only company to make the switch. According to Sunwiz and the Solar Business Services Report, commercial solar power will grow three or fourfold by 2017. The report also stated that by the end of 2014, the commercial solar market is predicted to be as high as 350MW, which matches the levels of the entire Australian solar market back in 2010.
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