July 17, 2023 By Anthony Capkun
July 17, 2023 – Rabba Fine Foods, a Greater Toronto Area grocery store chain, is installing solar panels on the roofs of its two distribution centres with the aim of reducing its dependence on the grid while lowering operating costs and carbon emissions.
The grocer has partnered with Green Integrations, which will design, engineer, and build the systems solar PV systems, with an expected operation date of November 2023.
Together, the projects will consist of 2630 solar panels with a capacity of over 1.4 MW (1.54 million kWh annually), says Green Integrations. The energy generated by both systems will reduce Rabba’s grid energy use by an average of 74% between the two facilities.
“This initiative serves as great example of a growing group of companies that are future-proofing their businesses with renewable energy,” said John Staneko, CEO, Green Integrations. “It will lead to tangible economic and environmental outcomes, and we are excited to be a part of it.”
Both solar systems are projected to last for over 30 years, and will pay for themselves in under 10 years, adds Green, “leaving more than two decades for electricity bill savings”.
Once the systems start powering the facilities, Rabba’s Levelized Cost of Electricity will come down to about $0.055/kWh—nearly a third of its existing electricity price.
“Harnessing the power of solar energy is one of the ways we can contribute to a more sustainable and, ultimately, healthy business,” said Jack Rabba. “We are eager to see this investment come to fruition.”
Additionally, the project will benefit from various tax incentives, including the newly introduced 30% Refundable Investment Tax Credit and the Accelerated Investment Incentive offered by the federal government, which will bring Rabba’s capital investment down by hundreds of thousands of dollars.
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