Sustainability and profitability go hand in hand
We are thrilled to announce the successful completion of our second solar project for Crown Linen, Florida's largest laundry service provider. This time, we have installed a state-of-the-art solar generation system right here in Miami, Florida, where Crown Linen's headquarters are located.
Crown Linen has always been committed to delivering excellent services with a strong focus on environmental sustainability. As part of their ongoing strategy, they have decided to expand their solar initiative by implementing a solar generation project in Miami. To ensure the success of this endeavor, Crown Linen collaborated with Onpeak Energy to analyze multiple locations and prioritize the most suitable ones for the solar program.
One of the deciding factors for choosing Miami was the need for roof replacement in a specific portion of the facility. By installing a brand new 60Mil Carlisle TPO membrane roof, we not only improve the overall operations for Crown Linen's customers and employees but also enhanced production quality. The new roof, coupled with rigid roof insulation providing a higher R-Value, created better employee working conditions.
Considering the facility's needs and challenges, as well as leveraging sustainability to maximize return on investment, Onpeak Energy presented a comprehensive solution to Crown Linen. This innovative approach transformed what would typically be considered a sunk-cost project into a cashflow-positive venture. Now, Crown Linen can repay both the new roof and the solar system through the project's generated income.
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We estimate that this solar project will save over half a million dollars in energy costs in the coming years as well as generating significant tax benefits available for solar initiatives. This not only makes the project financially viable but also reinforces Crown Linen's commitment to reducing their carbon footprint. It is our belief that sustainability and profitability can go hand in hand, and we applaud Crown Linen's CEO, Pablo Lucchesi, for his clear vision and ambitious targets for quality and environmental responsibility.
At Onpeak Energy, we are grateful for the opportunity to collaborate with Crown Linen and contribute to their sustainability goals. We hope that other companies will be inspired by Crown Linen's dedication and understand that being more sustainable doesn't mean sacrificing the bottom line. Let us all work together to create a brighter, cleaner future for our businesses and the planet.