Packaging Personified – Carol Stream, IL
The Situation
Packaging Personified, a specialty packaging manufacturer in Carol Stream, IL (DuPage County), was paying ComEd approximately $100,000 annually. The company operated three shifts, making daytime solar production particularly valuable for offsetting peak operating hours. The owner connected with Commercial-Solar.org through a trade association contact.
Our Approach
Solar One Illinois designed a 452 kW rooftop system across the main manufacturing building. The project was structured under the ESP model, with the federal ITC and MACRS depreciation funding full cost. Illinois Shines SREC enrollment added supplemental income over a 15-year contract. ComEd interconnection was completed in 62 days.
The Outcome
The system generated $40,000 in annual electricity savings with $6,000 in annual SREC income, for $46,000 in total annual benefit. The ESP payment of $30,500 per year produces $15,500 in net first-year benefit. After the 6-year payment period, the company owns the system free and clear. Total 25-year savings: $1.2 million in electricity savings plus $90,000 in SREC income.
Client name changed for privacy. Results vary. Prior results do not guarantee similar outcomes.
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