Why should I spend time
and money on solar?
Electricity rates are notoriously unpredictable, often exhibiting a trend toward continuous increases. By investing in solar energy now, you can shield your farm, dairy, or agricultural operation from the repercussions of such price volatility. Depending on your location and whether you choose to lease or purchase your solar system, you have the potential to secure stable, low electricity rates for 25 years or more—or even eliminate your electricity bill entirely.
How can running my business on
solar increase my bottom line?
Solar energy offers significant cost savings by reducing your reliance on electric bills. According to a recent survey, 87% of businesses cited saving money as a primary motivation for installing solar panels. These savings can be substantial, with some projections indicating potential savings of hundreds of thousands, or even millions, of dollars over the lifetime of a solar system. This extra capital can then be allocated towards various avenues such as operational enhancements, acquiring new equipment, expanding staff, or bolstering overall business profitability.
How can sustainability help
my business grow?
Food retailers are increasingly prioritizing the greening of their supply chains by sourcing sustainably produced products. Adopting solar power for your business not only helps in reducing carbon footprint but also positions your brand as more sustainable. Moreover, an increasing number of companies are embracing a triple-bottom-line approach to business, which extends beyond financial metrics to encompass a company’s impact on people, planet, and profit. Study after study reinforces that sustainability isn’t merely beneficial for the planet; it’s also advantageous for business.
If solar energy is so great,
why aren’t more businesses installing it?
In fact, numerous well-known companies have already transitioned to solar power, and today, more businesses than ever are making the switch. While solar was initially embraced by farms and agricultural businesses drawn to the idea of self-reliance, it has now entered the mainstream. The reality is, the declining cost of solar technology renders it an increasingly feasible solution for agricultural enterprises, particularly as utility prices persist in their upward trajectory. This renders solar power an appealing option for farmers aiming for genuine energy independence and seeking substantial long-term savings on energy expenses.
Why should our farm or
agricultural business go solar now?
There has never been a better time to embrace solar energy. Additionally, transitioning to solar power now enables you to capitalize on incentives and grants that can help offset installation costs. Programs such as the USDA’s Rural Energy for America Program (REAP) offer assistance covering up to 25% of the expenses for renewable energy upgrades for agricultural or rural small businesses. Furthermore, the Federal Investment Tax Credit (ITC) for solar provides a credit equivalent to 30% of the investment made in an eligible installation.
How do we begin?
While delving into a new energy form may appear daunting, rest assured, we’re here to assist. Solar by EnFin has supported agricultural businesses like yours in transitioning to solar power. From initial planning to final connection, we’ll seamlessly guide you through the process of embracing solar energy for your business. Take the first step towards your green journey by contacting Solar by EnFin today.