Capitalize unused space to increase your bottom line
Utilities are essential expenses that can rob a business of its cash flow. A business' bottom line can become victim to the fluctuations and increases of utility costs. Bringing your energy expenses under control is an effective, yet often overlooked, method of increasing your bottom line.
Businesses can improve their bottom line by utilizing solar to stabilize fluctuations in energy expenses, protect against energy market volatility, and reduce payments to utility companies.
"I started off purchasing a solar energy system for my home. After my experience with the sales and ownership team, along with the high quality of the installation of the system, I contracted PPM to install a commercial system on my company's building."
- Mike P.
Lowest prices, highest incentives, ever
Today, the levelized cost of energy (LCOE) for solar is one-third the cost of traditional utility offerings. Businesses who generate solar energy are guaranteed a 70% savings on energy for the useful life of a solar energy system, approximately 30 years.
Source: gtmresearch & SEIA
Tax credits will decrease in value
One of the most valuable incentives, a federal tax credit for new solar projects, is scheduled to diminish in value over the next few years. A solar project today has 20% more value than the same project installed three years from today. Now really is the best time to go solar.
63% of Fortune 100 companies have set clean energy goals and 48% of Fortune 500 companies have set climate or clean energy targets. A significant number of these businesses set 100% renewable energy goals.
Source: World Wildlife Fund
Top companies by megawatt installed
"American businesses are leading the transition to clean economy because it's smart business and it's what their customers want. Clean energy is fueling economic opportunity from coast to coast. [...] these companies are making it very clear that a transition to a low-carbon economy is inevitable."
- Marty Spitzer, Senior Director, World Wildlife Fund.
Fortune 500 Company
Macy's wanted to expand its long-standing pursuit of sustainability and reduce energy consumption.
Increase solar capacity by 25-35% over 2012 levels.
Macy's is now generating over 50,000 mWh of energy, most of which is sold to others, driving down expenses and diversifying revenue.
Power Production Management Project
Scherer Construction was experiencing peak demand energy charges that was shrinking its profit margin.
Solar energy system installed using custom bracket system to distribute system weight over larger area of corrugated metal roof.
Peak demand charges were eliminated and 60% of electricity needs are now met with solar energy.
Want to learn more?
Talk to our team of commercial solar experts about the potential for solar to raise the bottom line of your business.