Project Overview
– Axis Solar has successfully implemented a cutting-edge 812 kW Solar PV project with Rapid Shut Down technology to reduce the property’s carbon footprint, and facilitate annual savings. This project underscores the property’s commitment to sustainability and top-tier performance standards. Lakeline Crossings is now a benchmark in the integration of renewable energy solutions within the commercial realm, demonstrating significant environmental and economic advantages.
Project Specs
Total Project Budget
$3,011,000
Estimated Tax Credit
$1,310,000
Estimated Payback
6.5 Years
Property
Owner: Starwood Capital Group
Type: Commercial
Location: Austin Texas
Size: XX,000 sq Ft
Financials
Tax Credits: $1,310,000
Year 1 Savings: $128,000
Estimated 25 Year Savings: $3,850,000
Estimated Payback: 6.5 Years
Technology
Type: Solar PV with Rapid Shut Down
Installed: 12/30/2023 (completed)
Size of System: 812kW
Purpose: Achieving Scope 3, Reduce Carbon Footprint, Annual Savings
Additional Details
Products / Suppliers: Rexel USA, NE Solar, Solar Edge, Unirac
Installation Start Date: 10/1/2023
PTO Date: 1/15/2024
Axis Solar SFP Certified?: Yes