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Bed Bath and Beyond

return on investment drove the decision

Type

Type

Grid-Connected

specs

specs

102 kWp

year

year

2019

location

location

Auckland

the challenge

Bed Bath & Beyond has grown from only 4 Auckland stores in 1995 to 55 stores throughout New Zealand. It makes investments for the long-term and believes in leading from the front. When a new distribution warehouse was needed in South Auckland, the key objectives of the build were to make the building more efficient, cost effective and sustainable.

the solution

Vector Powersmart was able to quickly provide Bed Bath & Beyond with accurate solar electricity production modelling and a detailed system price breakdown so the build team could quickly calculate their return on investment.

the outcome

With a short payback period, Bed Bath and Beyond made the decision to proceed.

‘At the outset, the solar array investment projected to be paid off in around 8 or 9 years, giving Bed Bath and Beyond many years of ‘free’ electricity. Combined with a move to becoming a more environmentally friendly company, improving our performance and impact of our distribution warehouse, it became an easy decision to install solar. Especially with more and more customers and staff asking what our ‘Green’ credentials are.’

– Guy Hunt – Financial Controller – Bed, Bath and Beyond –

‘At the outset, the solar array investment projected to be paid off in around 8 or 9 years, giving Bed Bath and Beyond many years of ‘free’ electricity. Combined with a move to becoming a more environmentally friendly company, improving our performance and impact of our distribution warehouse, it became an easy decision to install solar. Especially with more and more customers and staff asking what our ‘Green’ credentials are.’

– Guy Hunt – Financial Controller – Bed, Bath and Beyond –

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