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
Related Content
Decoding the New GHG Regulations
In recent weeks, the federal government has come out with a variety of new rules in an effort to reduce...
Helping Schools Breathe Better
Students of all ages spend significant time (potentially one-quarter of each day) inside the classroom.
What are the pros and cons of ductless HVAC?
Ductless heating and cooling continues to rise in popularity as a high-value, flexible solution for both commercial and residential HVAC...