STC Warehouse
St. Louis, MO
Project Description
STC Warehouse Inc. is a second-generation warehousing, distribution, and logistics firm with locations in St. Louis, MO; Columbus, OH; and Nashville, IL. They provide public and contract warehousing, carton stapling, and carton stitching for companies such as Anheuser-Busch. To offset energy usage and costs, STC installed solar arrays in both the St. Louis, MO and Nashville, IL locations with this particular spotlight focusing on the larger facility in St. Louis, MO.
Installation Details
STC’s solar array has an estimated production of 203,165 kWh’s, provided by 386 Axitec 370w modules, one SolarEdge 100 kW inverter, paired with two Solar Edge 20 kW’s inverters. It’s
mounted on an Ecolibrium flat roof system, using a tilt in the racking to get optimum sunlight exposure. Various rebates and incentives dramatically lower the install cost and make for a quicker payback period.
Equipment Installed
Savings
30-Year Electric Bill Savings: $831,440
Payback Period: 5.4 years
Breakdown of Rebates and Incentives: Ameren MO $0.25 PV Rebate; Business Energy Investment Tax Credit (ITC), providing eligibility to receive a tax credit in the amount of 30%; and 100% bonus depreciation under the Tax Reform Bill; and MACRS – Missouri, in which businesses may recover investments in certain property through depreciation deductions.
Payback Period: 5.4 years
Breakdown of Rebates and Incentives: Ameren MO $0.25 PV Rebate; Business Energy Investment Tax Credit (ITC), providing eligibility to receive a tax credit in the amount of 30%; and 100% bonus depreciation under the Tax Reform Bill; and MACRS – Missouri, in which businesses may recover investments in certain property through depreciation deductions.