25 Year Utility Savings

102.5 kW

Project Size

Fairfield, IA


125,709 kWh

Annual Production

2,152 t CO2

Emission Reduction

Adding Additional Revenue to Real Estate

Gateridge Solar Case Study

Completed 2015, the Gateridge Court Office Building was one of the first commissioned Power Purchase Agreement (PPA) third-party financed solar installations in the State of Iowa. Ideal Energy collaborated with top legal experts experienced in wind industry finance, to comply with Iowa regulatory and legislative mandates, ensuring the financial viability of the project.

Real estate developers can reap major benefits with the addition of an investment into solar. Besides cutting utility bills, solar arrays allow property owners to take advantage of federal, state, and utility incentive programs, add value for tenants, and generate annuity-like returns.

The Gateridge Court Office Building developer Doug Greenfield explains how he and his tenants both benefit from solar energy. After the arrays are paid off, he plans to offer his tenants reduced utility bills. “Once the array is paid for I’ll have an annuity coming in for the rest of my life and the tenants in the building will have a benefit of a discounted utility rate. It’ll be a win-win in the long run.”

Are you ready for the power shift?

Work with an Ideal Energy expert to discover how solar can give you a competitive edge

More Case Studies

schaus vorhies manufacturing solar featured
Schaus-Vorhies Manufacturing

Schaus-Vorhies Manufacturing

Situated on a former contamination site, the Schaus-Vorhies Manufacturing (SVM) solar field is standout example of putting unused land to productive, revenue-generating use. As of 2016, the half-megawatt array is the largest privately owned industrial solar installation in Iowa.

Agri Industrial Solar Featured Image
Agri-Industrial Solar

Agri-Industrial Solar

Agri-Industrial Plastics Company’s power plant features a 517 kW roof-mounted solar array that works in tandem with a 212 kW Tesla Powerwall battery energy storage system. During the day, the solar panels generate energy which charges the Powerwall and powers the company’s advanced manufacturing operations. The battery system runs on an artificially-intelligent control system to automatically...

Steffensmeier Welding Case Study Featured
Steffensmeier Welding & Manufacturing

Steffensmeier Welding & Manufacturing

Solar power has been a boon for Steffensmeier Welding & Manufacturing. Completed in 2016, the 430 kW solar field saves the company $8000 to $9000 per month. The savings have allowed Steffensmeier to invest in their employees, hire new workers, expand production, and give back to the community.