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ANNABELLE CANDY INVESTS IN SOLAR FOR LONG-TERM SAVINGS

Challenging economic times may not seem like ideal conditions in which to make a major investment, but that’s exactly what<br>Annabelle Candy Company, Inc. http://us.sunpower.com

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ANNABELLE CANDY INVESTS IN SOLAR FOR LONG-TERM SAVINGS

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  1. CASE STUDY ANNABELLE CANDY INVESTS IN SOLAR FOR LONG-TERM SAVINGS Challenging economic times may not seem like ideal conditions in which to make a major investment, but that’s exactly what Annabelle Candy Company, Inc. did. One of the largest independently owned candy bar manufacturers in the United States, Annabelle Candy saw the long-term savings solar power offered as a hedge against rising electricity costs and a way to reduce its utility budget. Annabelle Candy turned to a highly recommended solar developer, Vista Solar. Vista Solar put forth a design capable of offsetting 90% of the candy factory’s electricity expenses and recommended SunPower® PowerGuard® Solar Roof Tiles in order to meet those production targets. With PowerGuard, Annabelle Candy can not only achieve their energy targets, but also enjoy better climate control for the whole factory because of the tile’s R-10 insulation factor. In the first year, the resulting energy savings will exceed $136,000—the equivalent of 180,000 candy bars. Over the next 25 years, their new solar system will save Annabelle Candy approximately $6.5 million. With sunlight powering the factory as of December 2011, Annabelle Candy can focus more of its budget on its employees and making great candy. PROJECT OVERVIEW BENEFITS • Offsets over 90% of the factory’s current electricity expenses Location: Completed: Hayward, CA December 2011 • Saves Annabelle Candy approximately $6.5 million over the 25-year life of the system Installation Type: System Size: Roof 438 kW • Expected to produce 646,855 kWh in its first year of operation, which is enough energy to power 92 homes 25,000 ft.2 PV Surface Area: Number of Panels: 1,424 Product(s): • Reduces Annabelle’s carbon footprint by eliminating the burning of 52,462 gallons of fuel a year SunPower PowerGuard® Solar Roof Tiles sunpowercorp.com

  2. VISTA SOLAR HIGHLY RECOMMENDED Going solar is a significant investment and one that many companies might put off in a difficult economy. However, Annabelle Candy saw an opportunity for long-term cost savings if they were presented with the right project. Vista Solar’s strong references and deep history of solar projects clearly demonstrated that they were the right partner for the job, and Vista Solar created a finan- cially attractive proposal that included SunPower products, state and federal tax incentives, and additional roof work. The outcome is a project delivering an undeniably high value. Said President and CEO of Annabelle Candy, Susan Karl, “With the financial challenges we currently face in this economic environment, we feel fortunate to have found a way to offset our operating costs and help conserve our precious resources, while continuing to provide jobs for our won- derful employees.” SUNPOWER TILES PROTECT ROOF, GENERATE ELECTRICITY Vista Solar recommended SunPower® PowerGuard® Solar Roof Tiles for the project because it could meet solar energy output targets while protecting and insulating the building’s roof. Additionally, the PowerGuard solution allowed Vista Solar to install a higher-capacity system than a standard ballasting system would have allowed. The non-penetrating, flat, lightweight solar tiles install securely and protect the roof from harsh weather, UV exposure, and thermal cycling. And regulating the building’s temperature is a key benefit for a candy maker because a cooler interior helps ensure uninterrupted production of Annabelle Candy’s chocolates and sweets during the hot summer months. “Vista Solar has totally met our expectations. The installation was very smooth. They stayed in touch. They were always here. They came in on time, and they came in on budget.” Susan Karl President/CEO Annabelle Candy Company, Inc. UTILITY PAYS ANNABELLE CANDY On time and on budget, the installation of Annabelle Candy’s 438 kW solar system was completed in December 2011. In April 2012, the solar system produced so much electricity that the local utility had to pay Annabelle Candy for the first time ever. This is just the start of the savings that the system will provide. Over the next 25 years, the system is projected to save Annabelle Candy more than $6.5 million. At the same time, the solar electricity that it produces will offset the burning of over 52,000 gallons of fuel, demonstrating the company’s commitment to a cleaner environment. For Annabelle Candy, the courage to invest during a difficult economy has been good for both business and the environment.

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