The CEFC and Property Council of Australia have developed a comprehensive guide to help Australian property owners reduce household emissions using technologies best suited for their property type. Distributed energy in the property sector – today’s opportunities analyses the nine most common distributed energy options for houses, apartments, commercial, retail and industrial property.
The guide looks into the business case for efficiency and clean energy investments, providing property owners and manager with helpful insights into the likely benefits and payback periods they can expect following installation. Underlined by a desire to see the built environment sector achieve Net Zero carbon emissions by 2050, this guide is designed to drive an industry-wide understanding of the opportunity that distributed energy options offer and help owners effectively and appropriately implement these technologies for their properties.
Some highlights from the guide include:
- For homes, all the technologies are in the lowest investment range, up to a maximum $25,000, with upfront costs expected to be recovered in under nine years.
- While investment costs for large-scale commercial and retail properties can exceed $100,000, in the case of solar PV the payback period is four years.
- The highest upfront investment costs, potentially of more than $500,000, included thermal storage installations for commercial, retail and industrial buildings, which can substantially reduce exposure to peak electricity prices. However, the payback period of 15 years or less complements the relatively long lives of these large-scale scale and complex structures.
More information here