WHY DO COMPANIES GO SOLAR?

Commercial and Industrial (C&I) businesses have been going solar at a rapid rate… but why? Most companies‘ decisions to go solar fall into one of these 3 categories:

• COST SAVINGS (ROI/PAYBACK): Combining reduced electricity expenses with Federal, state, and utility incentives may offer a favorable ROI.
-“We like the numbers!”

• ENVIRONMENTAL RESPONSIBILITY (ESG): Solar panels demonstrate a commitment to
sustainability, reduce carbon emissions, and help companies meet environmental goals.
-“It’s the right thing to do!”

• ENERGY INDEPENDENCE: Making your own energy reduces reliance on grid power and helps
companies hedge against rising energy costs.
-“It’s self preservation!”

SOURCES: WOOD MACKENZIE