Logistics and warehousing company CDM Logistics has cut costs and increased its value by installing solar systems from Sun Connect.
A consortium of five regional carriers, CDM Logistics added commercial solar power its Sydney and Melbourne transport terminals.
Two 50 kilowatt systems were installed to the company’s 11,000 square metres of roof space in Sydney and 4,000 squares metres of roof space in Melbourne.
CDM Logistics Chief Executive Officer Alfred Colvin says solar power is a smart solution to combat electricity costs while adding value to the business.
“Installing to at our Sydney terminal and a made economic and environmental sense,” Colvin says.
“Economically, there are savings on reduced power bills in the face of electricity price hikes. Financially we had anticipated a cost neutral situation for eight years, then free electricity once we owned the system.
“However, in Melbourne the electricity retailer has already given us a $2,000 credit for the first quarter,” he says.
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