Windmill has successfully created micro-utilities – or independently run, community-scale renewable energy systems — in our projects. We consider such investments holistically, in the context of the overall project, and apply tough analysis to determine a financially viable approach.
A challenge in renovating or building new green buildings is minimizing or eliminating the capital cost ‘premium’ to build green. Often such cost premiums can be attributed to the addition of distributed renewable energy infrastructure such as solar, wind, geothermal, bio-mass etc.
Windmill provides the following services to assist in the selection, adoption and financing of distributed renewable energy projects:
Business Case Development
Windmill conducts a review of the most viable renewable energy technologies for the project’s geography and building structure. Once the appropriate technologies are chosen, Windmill conducts a study on the business case for the investment. Some of the many elements that need to be considered include technology review and selection, local weather patterns, building orientation, cost of capital, local energy rates, existing energy consumption patterns, and applicable government subsidies (if any).
Windmill then determines the estimated payback time, taking into consideration marketing and sales advantages, reductions in operating costs and available financial programs that may help decrease the payback period.
Financing of Micro-utility Systems
After completing a business case proving the viability of a micro-utility installation, Windmill also provides building owners a variety of financing options.
Examples of Windmill Micro-utilities
Dockside Green supports an innovative third party owned and operated biomass district energy system on site. Click here for more details.