Best Commercial Solar Options for Business

Here you can find Solar Panels and technological accessories related to Solar Energy: Click Here If you want to learn about Solar...

Here you can find Solar Panels and technological accessories related to Solar Energy: Click Here

If you want to learn about Solar Panels, to advise you before buying or to build your own Solar Panel: Click Here

some of the world's largest companies are leading the clean energy Revolution today we'll discuss how they're going green and how your business can do the [Music] same hi I'm galani Anthony with pivot energy a national solar provider more and more large corporations are pursuing on-site and off-site Solar Solutions to reduce their environmental impact in the first half of 20123 alone Global investment in renewable energy reached a staggering $358 billion with solar energy making up 2/3 of the total these numbers paint a clear picture companies recognize the potential of solar energy investing its development and implementation as the importance of sustainability and clean energy grows we anticipate this trend will continue most people are familiar with on-site solar in which solar panels are installed directly on a company's rooftop or property what you might not know is that businesses with a nationwide footprint or those lacking suitable rooftop space can also harness the benefits of solar energy through offsite Solar Solutions these options include purchasing power from large solar Farms participating in community solar projects and more today I'll cover the economic benefits of on-site and off-site solar and how you can choose the perfect solar option for your business let's start with how the world's largest companies use off-site solutions to meet their goals virtual power purchase agreements or vppa for short are among the most straightforward ways businesses can reduce their emissions without installing an on-site solar system in a vppa the solar developer Builds an off-site installation that delivers clean energy to the power grid instead of having electricity physically delivered to your facility the vppa contract establishes a financial swap exchanging a fixed price cash flow for a variable price cash flow additionally some vppa contracts include the solar renewable energy certificates associated with the client share of the Project's power generation overall vppa offer flexibility and don't require a geographic location which is ideal for business with multiple buildings or limited rooftop space want to see how vppa can help your business achieve its sustainability goals watch this video I mentioned earning solar renewable energy certificates as part of a vppa but there are other methods to earn and purchase srex outside of a PPA srex are an accessible and quick way to achieve or supplement sustainability and economic goals when a company buys srex they directly support renewable energy production and a fossil fuel-free future estre are a costeffective way for companies to to demonstrate their commitment to sustainability and enhance their Public Image in this video we cover some impressive statistics about srex and how they helped one of our clients achieve their sustainability goals while you're at it subscribe to our Channel and turn on notifications so you can be the first to learn about our upcoming videos but the list of off-site options doesn't end there virtual net metering provides the benefits of solar to those who do not have the ability or desire to host a solar project on their building or land depending on the state and utility virtual net metering might be known as off-site net metering regardless of the name the concept is the same under virtual net metering a solar project is installed offsite and is not directly connected to your building rather the solar production feeds into the utility grid and is metered from the project you as the off-taker purchase the solar energy produced and the corresponding energy is then applied to and credited on your utility bill so while you do not directly consume the solar power being produced you receive all the benefits of solar as if the project was onsite many virtual net metering programs allow you as the off-taker of the solar energy to claim the solar renewable energy certificates or srex generated by the system virtual net metering is beneficial for many businesses for example we partnered with cordin Pharma a leading pharmaceutical company to harness renewable energy generated by solar installations owned and operated by pivot this deal allows the pharmaceutical company to offset 51% of its Boulder Colorado campus's electricity consumption with clean solar generated power illustrating cordin pharma's commitment to reducing its carbon footprint and promoting environmental stewardship before covering on-site solar options I'll highlight the last off-site solution in today's video a community solar subscription Community solar allows companies to subscribe to a specific portion of the electricity produced on a large offsite solar farm the electricity produced by the offsite array flows into the utility grid and the subscriber receives monthly credits on their utility bill based on the share of the energy produced by the project watch our in-depth Community solar video to learn more we've EXP explored and covered the flexibility of offside Solutions now let's dive into on-site solar options which bring clean energy generation directly to you for businesses with suitable space installing on-site solar is a direct path to reducing your carbon emissions and lowering energy costs although on-site solar can require upfront Capital there are attractive financing options which I'll cover in a moment and watch until the end of the video to learn about the most lucrative Financial incentive you can take advantage of it today in addition to on-site solar arrays many companies are installing any energy storage systems solar plus energy storage allows you to capture excess solar energy during the day and use it when it's needed this process maximizes your investment and shaves energy cost even further our team walks you through the process of installing on-site solar from start to finish in this video and this playlist has videos all about energy storage everything I've mentioned today is also linked in the description but if your business doesn't have a viable roof for solar panels don't fret businesses can take advantage of ample parking lot real estate by installing a solar carport carports provide an alternative win-win solution because they offer covered parking for customers and employees while generating clean energy for your business and electric vehicles learn more about solar carport benefits in this video link below similar to vppa which I discussed earlier traditional power purchase agreements or ppas offer an alternative for companies seeking a more hands-off approach under a PPA a solar developer builds owns and operates a solar array while the client purch purchases to clean electricity at a fixed price this agreement directly secures the use and benefits of clean energy without The Upfront Financial investment of a traditional on-site solar array if this interests you you want to stay until the end to learn how to easily get this started making the switch to solar is a long-term investment in your company's future and the good news is there are excellent financing options available to make it more accessible federal and state governments offer a variety of programs to encourage businesses to go solar earlier I mentioned I would talk about one of the most lucrative solar incentives available today that's the investment tax credit or ITC for short the ITC offers a significant 30% tax credit on the cost of your solar installation this rate will stay the same throughout the end of 2032 and will step down to a 26% tax credit after that this benefit translate to significant savings reducing your upfront investment and accelerating your return making solar an even more attractive option for businesses looking to reduce their environmental impact and energy costs solar policies are constantly evolving so staying up to date is key ready to lead the charge in sustainability taking proactive steps to reduce your carbon footprint isn't just good for the environment it is essential for attracting investors clients and top talent if you want to take the next step to decarbonize your business it is critical to work with a solar developer experienced in working with large companies Nationwide who can customize the best solution for your unique business needs including off-site and on-site Solutions visit pivot energy.net or contact me me via my email listed in the description to learn more thanks for watching and we'll see you next [Music] time ...

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