Solar Rewards

Companies with the foresight to choose solar energy save money, reduce dependency on fossil fuels and protect the environment.

FINANCIAL REWARDS

Electricity Price Stability: Solar power creates a financial hedge against rising utility costs by offering contracted, predictable pricing. A typical power purchase agreement might offer a price at a discount to current grid electricity cost, with an escalation rate well below the anticipated rise in utility costs; thus, as the years go by, your savings grow.

State Tax Incentives: Most states offer tax credits and/or other incentives for companies that use renewable energy. For example, through the New Jersey Clean Energy Rebate Program, combined with other incentives, New Jersey customers have been able to get over 50 percent of the cost of a Solar PV system offset through rebates. New Jersey is now transitioning to a Renewable Energy Credit System, which will allow SunDurance Energy to sell solar electricity to customers at rates competitive with the grid, with no up-front investment from the customer.

ENVIRONMENTAL REWARDS

No Environmental Impact: Solar energy systems produce no noise and no air pollution during operation. In addition, the increased use of solar power helps decrease the quantities of oil or fossil fuels needed.

No Loss of Natural Resources: Solar energy is abundantly available and is not depleted by its use; other energy sources deplete natural resources that are not replenished.

Reduced Emissions: Reducing carbon, sulfur and other harmful emissions is a major worldwide imperative. Solar power is emission-free, so it causes no harm to the environment.

CORPORATE BRAND AWARENESS

Increase Awareness: Solar energy technology has been generating significant public awareness as concerns about environmental issues, global warming, and energy independence intensify. Companies that use solar energy often benefit from increased awareness and positive image.

Investor Relations: Businesses investing in solar energy tend to garner significant support from current and potential shareholders. Green investing is becoming increasingly important.

CORPORATE CITIZENSHIP

Higher Employee Satisfaction: In a survey by the National Wind Coordinating Committee, "improving employee morale" was the third most important reason that companies gave for buying Green Power.

Positive Customer Image: Companies that incorporate solar energy are viewed as proactive industry leaders and stand out from the competition.

Attract Strategic Partners: Leading companies want to align themselves with innovative, front-runners like themselves. Green Power is one more tool that companies can leverage when seeking strategic partners to grow their business. Some noteworthy retailers are now requiring suppliers to meet certain environmental criteria in order to do business.

Corporate Social Responsibility: In today's competitive environment, many companies have adopted comprehensive Corporate Social Responsibility (CSR) plans as part of their corporate governance policy. Deploying solar energy solutions in your business may help you meet important CSR metrics.