Commercial Solar Case Study - Kraft Power

Commercial Solar Case Study – Kraft Power Power

November 9, 2022 By In Case Studies No Comments

CASE STUDY

KRAFT POWER

Kraft Power's Commercial Solar Array is the company's newest addition to their renewable energy portfolio.

Kraft Power - The Power of Performance

Kraft Power is a family business with over 55 years of experience in providing complete service and a robust range of power products and services. With 9 sales and service facilities across 8 states and a staff of over 170 professionals, Kraft Power is small enough to build close relationships with clients yet big enough to deliver industry-leading service and products.

Kraft Power

“Kraft Power is elated to have offset 100% of our electricity by solar utilizing American made panels. As a provider of on-site critical power systems to our client facilities, we continue to lead by example with expansion of our solar program and clean onsite power generation. With solar arrays now in place at both our Massachusetts and New Jersey locations, we have reduced our reliance on the utility, offset our electricity costs.”

Owen Duffy, CEO of Kraft Power

THE PROJECT DETAILS

Location | Prompton Plains, NJ

Panels | 153

Output Capacity | 57.5-kW

Project Type | Roof Mount

After the successful solar deployment at their Massachusetts headquarters, Kraft wanted to expand the initiative to their New Jersey distribution center. Partnered with Genie Solar, Kraft Power utilized American made solar panels to install a 57.5 kW system on their roof. The new rooftop solar system, will help Kraft Power offset the equivalent of 447,960 pounds of coal, 1,008,804 miles not driven by cars, and 46 houses a year for the next 25 years.

Commercial Solar Installation Case Study

“This project was an excellent demonstration of Genie Solar’s ability to maximize the kilowatt hour production for the best possible cost, in consideration a primary client objective to utilize solar panels made in America. Plus it is rewarding to see the early system performance data reflecting and exceeding our production expectations, further maximizing the offset on Kraft’s electricity bills."

Sara Schwandt, Managing Director of Genie Solar Energy

ENVIRONMENTAL IMPACT OF THE SYSTEM

coal not burned

51.5 Metric Tons of Carbon Emissions Offset Each Year

miles not driven

127,907 miles not driven by gas-powered cars each year

houses per year

Enough energy to power 6.5 homes every year

gallons of gas

5,798 gallons of gasoline not used every year

barrels of oil

119 barrels of oil not used every year

FINANCIAL IMPACT OF THE SYSTEM

return on investment

2 year Return on Investment leveraging ITC, Depreciation, and SREC’s

yearly cash flow

$18k / year direct improvement to yearly cash flow

rate of return

100% of Electricity Usage Offset

PROJECT GALLERY

Commercial Solar Installation Case Study
Kraft Power Commercial Solar Installation
Kraft Power Commercial Solar Case Study

MORE CASE STUDIES

BAKE CRAFTERS

VIEW CASE STUDY

INTEGRA BIOSCIENCES

VIEW CASE STUDY

Genie Energy Ltd., (NYSE: GNE, GNEPRA) is a global energy solutions company. We supply customers in the US and Europe with electricity, including electricity generated from renewable resources and with natural gas. Through Genie Solar Energy and Prism Solar, we design, construct and install commercial solar energy solutions. We provide commercial and industrial clients with energy brokerage and consultative services through our Diversegy brand.

Case Studies

  • Commercial Solar Case Study Property Management Company
    Wiley Property Management Case Study

    The installation of the solar array on the roof of storage facility is leveraging a limited regulation called “Group Hosting”. Group hosting is a method where a group of businesses or individuals share the installation and use of a larger solar array on a single property.

  • Bake Crafters Commercial Solar Case Study
    Bake Crafters Food Company

    Bake Crafters’ commercial solar array is a remarkable example of sustainability in action. With an output capacity of 800 kW and predictions of offsetting 770 metric tons of CO2 emissions.

  • Integra Commercial Solar Case Study
    Integra Biosciences

    Integra Biosciences’ Commercial Solar project achieves 22% IRR and aligns with the company’s global sustainability goals and commitments. The two installations total 572-kW and generate enough power to offset 844,000 kWh.

  • Commercial Solar Case Study - Kraft Power
    Commercial Solar Case Study – Kraft Power Power

    Kraft Power utilized American made solar panels to install a 57.5 kW system on their roof. The new rooftop solar system, will help Kraft Power offset 100% of the electricity usage every year.

Latest Posts

Testimonials

Convinced to go solar by the New Jersey incentives, PCS Wireless looked at several solar companies to provide the best overall value. Genie Solar was able to design a unique system to offset the largest portion of their electricity usage. Additionally, we combine it with an exclusive financial product which minimized the cash out of pocket and maximized the return on investment. The 494 kW system was constructed in minimal time, with no impact on the businesses operations.
PCS Wireless
A provider of engine-generator systems, Kraft Power was a pioneer of “Total Energy” (Combined Heat and Power). After seeing the financial and green benefits of solar at their headquarters in Massachusetts, Kraft wanted to capitalize on the lucrative state incentives in New Jersey at a distribution center. By installing a 57.5 kW system on the roof they were able to offset 100% of their electricity usage, take advantage of the Investment Tax Credit, accelerated depreciation, and collect revenue from the New Jersey SREC program. Genie Solar made it a smooth process and limited the need for internal resources to manage the project.
Kraft Power
A premier provider of water treatment in the New York and New Jersey area, Tower wanted to go solar to save money and generate clean energy. Upon reviewing the financial benefits available in New Jersey with the SREC program and the federal Investment Tax Credit, they wanted to safe harbor the project in 2019 and construct in 2020. Buying American Made panels was an important component of the project, and by utilizing their white roof, Genie Solar was able to leverage Prism Solar’s bifacial panels to minimize the square footage needed and maximize the electricity generated. Genie Solar helped them achieve all of their goals in an efficient manner with a 44.6 kW system.
Tower Water
Cardoza had both a showroom and a distribution center with exorbitant electricity costs in New Hampshire. As a legacy business, it was important to reduce costs and protect the business from increasing expenses prior to passing it on to the owner’s children. The show room’s roof and location made it a less than ideal location for solar; but the vast roof and direct sunlight on the distribution center could generate enough solar to power both facilities, plus the owner’s house. Leveraging New Hampshire’s group host program, Genie Solar built one 99.7 kW solar array to power all three locations. The owner is now considering converting more equipment to solar and building a second array.
Cardoza Flooring
A destination nursery in rural New Hampshire, HBTSR was a long standing customer of Genie Solar’s sister company, Diversegy. After helping the business reduce electricity expenses for the past number of years, HBTSR turned to Genie Solar to reduce their rising electricity expenses over the long run. “Between the federal and NH state incentives, I was paid $8,000 to install my solar array. On top of getting money back, I am going to realize over $300,000 in savings during the 25 year warranty period of the solar array.”
House By The Side of the Road