“We’re installing solar on all of our buildings going forward — it lowers our operating costs, boosts our property value, and makes the asset more attractive to tenants and investors alike”
— Brandon Crema, EVP & COO / District Group
The Monarch – Royal Bay, BC
- Project
Multi-Unit Residential Building
91.02 kW | 167 × Longi 545 W panels
June 224 - Challenge
Unpredictable energy costs
Meet ESG / net-zero goals - Results
Annual Energy Offset: 87,944 kWh
Lifetime Savings: $384,558
Payback Period: 9.4 years
30-yr IRR: 10.23%
Gain in Cap Value: ~$100,000
* Assumes 4.5% cap rate
This project reflects the growing commitment to sustainable development within residential communities and demonstrates how solar energy is becoming a key part of modern, forward-thinking design.
A special thank-you to District Group for their collaboration and leadership in environmental stewardship. Projects like this show what’s possible when innovation and sustainability come together.
Together, we’re making solar the natural choice.