Sablewood Gardens Apartments | Case Study
Parking lot Solar Structures Installation
Offset Energy Use By 81%, Increased Property Value Over $1 Million, & added NOI at over $60,000/year.
We understand that construction on multifamily apartments can be complicated. At BPi, we take the guesswork out of commercial solar so your multifamily property can grow. We recently announced the completion of a renewable energy solar structure system at Sablewood Gardens for DRE Properties. Located in Bakersfield, California, we are proud to power their community. BPi designed, engineered, and installed this renewable energy solar structure system. Sablewood Gardens is an upscale apartment home community located in Northwest Bakersfield, California, located in Kern County within the 93314 ZIP Code. Built in 2016, this 152 units/2 story apartment complex is a pillar in the Bakersfield community. This property is managed by Western National Property Management; CalDRE LIC #00838846.
2 Custom Solar Structures 148.58 kW (DC)
Solar Energy Generation 236,300 kWh/Year
Total System Energy Offset 81%
Increase To NOI $61,386/year
Increased Property Value $1,023,100
energy system Project Details
We designed, engineered, & installed this renewable energy system.
Location:
Bakersfield, CA
Commission Date:
August 14, 2020
Industry:
Luxury Apartments
# Units:
152
Energy System:
Solar Structures
System Size:
148.58 kW (DC)
Energy Offset:
81%
Utility:
PG&E
Solar structure Project Summary
BPi is proud to power this renewable energy system - view project video.
We announced the completion of a 148.58 kW (DC) solar structure energy system for one of DRE Properties, LLC, Sablewood Gardens, located at 2600 Sablewood Dr, Bakersfield, CA
93314. BPi designed, engineered, and installed this renewable energy solar structure system. The average solar energy production of 236,300 kWh/Year will have a 81% energy offset for any energy used by tenants, amenities, common areas and other essential electrical loads used. This energy system offers an innovative solution for the property owners at DRE Properties, LLC to diversify what this property can produce.
Financial Summary
We maximized the NOI, energy offset, property value, & electricity bill savings. Imagine what we can do for your property.
Lifetime Savings:
$4,841,058
Years to Payoff:
3 Years
Increase to NOI
$61,386/year
Increased Property Value:
$1,023,100
Tax Credits & Depreciation:
$328,452
IRR
25% 35 Year IRR
Environmental Offset
BPi impacts more then just your property.
CO2 Reduction:
-286,480 lbs
H2O Conserved:
118,314 gal
Trees Planted:
4,187 trees
Laundry Cycles:
67,587
EV Miles Driven:
3,660,000
Laptops Powered:
2,629,208
Project Photo Gallery
BPi is proud to power this solar project.
Ready to diversify your property?
Request a tailored proposal.
We are here to help. Our highly committed in-house team takes care of it all. Book your property’s energy evaluation. BPi evaluates client’s energy needs to maximize the investment and guide clients through every stage of the process in engineering, procurement, and construction management.
