THE VITA COMPANIES
Unused Rooftop Turned Income-Generating Asset
The Vita Companies free space 30,000 square feet of unused roof space, and their annual electricity bill before solar was approximately $72,000. With the typical office space loads for printers, computers, HVAC, lighting, servers.
Their annual electricity bill after switching to solar is between $300-$600, making a savings of $60,000-$80,000/year.
The benefits of solar to offices include fixed utility costs over 25-40 years, increased property value, and increased net operating capital. In addition, Vita was able to make their property more attractive to renters.
Vista Solar expects to pay back in under 3 years and generates 278,252 kilowatt hours of clean energy each year, the equivalent of removing 196 tons of carbon dioxide emissions from the atmosphere annually. 68% of the cost of the system was offset by tax incentives.
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