Commercial Solar ROI from Rubicon Exotic’s Project
- Home
- Rubicon Exotic
IRR
18.29%
5.32 Years
Payback Period
692.20%
ROI$2,641,296
Hydro SavingsCase Study – Rubicon Exotic
Commercial Solar Solution for Burnbrae Farms
The Challenge
The beverage industry faces persistent challenges from rising operational costs, unpredictable utility rates, and increasing pressure to demonstrate environmental stewardship. For Rubicon Exotic, these realities were compounded by the energy-intensive nature of bottling and distribution operations. The volatility of energy pricing threatened budget stability, while stakeholders and regulatory frameworks demanded meaningful progress toward sustainability. To maintain its leadership position and competitive edge, Rubicon needed a transformative solution to address both economic and environmental imperatives.
The Solution
After a comprehensive evaluation of available options, Rubicon Exotic selected Otter Energy’s turnkey commercial solar EPC services for their proven track record, technical rigor, and commitment to seamless project delivery. Otter Energy’s approach involved custom design and deployment of a 444.3 kW DC solar photovoltaic system, featuring 766 high-efficiency bifacial modules engineered for maximum energy yield. The decision was reinforced by Rubicon’s desire for a solution that would lock in predictable energy costs, support expansion, and reliably deliver environmental performance. Neel Nagrecha, Managing Director at Rubicon Exotic, reflected, “When we evaluated the long-term energy requirements of our bottling and distribution operations, partnering with Otter Energy was a no-brainer. Securing over $2.6 million in savings while reducing our carbon footprint allows us to remain competitive while staying true to our brand’s commitment to quality and sustainability.” Otter Energy managed the entire EPC process, ensuring zero impact on Rubicon’s production and distribution activities.
The Results
The commissioned solar system transformed Rubicon’s Mississauga facility into a model of financial and environmental success. Delivering more than $2.6 million in lifetime energy savings, the project achieved a 692.2% total ROI and a 18.29% internal rate of return—results that far exceed typical market investments. The array generates approximately 525,920 kWh of clean energy per year, substantially reducing reliance on the provincial grid and advancing Rubicon’s decarbonization goals. Peter Vogel, Chief Development Officer at Otter Energy, stated, “Rubicon Exotic is setting the gold standard for the beverage industry. By working together, we have turned a standard industrial rooftop into a high-performance financial asset that will generate millions in savings for decades to come.” This installation stands as a benchmark for operational continuity, sustainability leadership, and financial performance in commercial solar adoption
Challenges
- High Energy Costs: The client wants to significantly decrease operational costs with solar.
- Control: This Solar project successfully creates long-term electricity on-site that is dependable and inexpensive compared to rising utility rates.
- How to Make It Happen? Otter is a fully integrated solar company that provides experienced solar solutions with a fully integrated in-house design, procurement, construction and project management team. This is the Otter Energy difference.
Solutions
- Big Solar Savings: Designed and delivered a 422.3 kW DC solar solution to offset electricity for the next 3 decades.
- Consistent Results: The 766 solar panels consistently produce enough electricity to offset 18.29% of the facility’s requirements while reducing GhG contributions and helping with Net Zero targets.
- The Otter Energy Advantage:
Drawing on 18 years of experience and deep construction roots, we were able to unlock the property’s hidden value and deliver an attractive ROI.