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There has never been a better time to go solar.
Incentives at the federal, state and local level enable you to reduce the cost of going solar by at least 50% and you can actually see a return in just a few years. This is on top of the reduction in your electricity costs for the years to come.
The environmental benefits are equally compelling. By going solar you will help combat global warming while reducing our dependence on foreign oil. Your investment will also support local job growth in the domestic renewable energy industry.
Increasing demand for electric power, the high price of oil and growing concerns for the environment, are leading many businesses to alternative sources of energy. Solar energy is an inexhaustible alternative source of energy and companies plan to benefit from its numerous advantages.
Reduced Operating Costs
Solar power systems will reduce or even eliminate your building’s electric bill. For big and small businesses, this money savings can have a tremendous impact. The cost per unit of your current energy cost is likely much higher than what you would spend for solar power. This results in further savings for your business.
Good Return on Investment
Government incentives and the decrease of solar equipment costs means the utilization of solar power is a sound investment and a good financial decision for businesses. Investing in solar power generates both long-term savings and quick payback.
Solar Payback Example:
In the US, the average cost to purchase 1 KWH from the electric company is about $0.15. If we assume your solar system has 5 solar panels producing 1 KWH a day, giving you 5 KWH per day. The electric company would charge $0.75 for the same 5 KWH you are now getting for free, which is around $22.50 per month. In this example you would save $22.50 per month on your electricity bill. So solar energy is clean, renewable and financially beneficial.
Maintenance-Free and Reliable
Once installed, a solar power system will require little or no maintenance at all, most especially if there are no batteries being used. The system will provide electricity quietly and cleanly for over 25 and in some cases up to 40 years.
Earning the “Green” Label
Utilizing electricity from solar power will result in reduced consumption of fuels, reducing greenhouse gas emissions and pollution. Having an environmentally responsible image is good for any company, as it can generate a positive response from consumers.
Today, many non-profit and government organizations are demonstrating environmental leadership in their communities by going solar. Besides providing environmental benefits and helping to hedge against the constant rise of electricity and gas rates, generous federal, state and municipal incentives provide additional motivation for government and non-profit organizations to choose solar.
Financial Consideration for Non-Profit/Government Entities
Due to the ways in which current government incentives are structured around tax benefits, non-profit and governmental entities cannot take full advantage of such programs due to the fact that they do not incur tax liabilities. EBR Energy, in conjunction with a number of prominent Power Purchase Agreement Investment Firms, and through EBR Energy’s own financing solutions, non-profit and government entities can enjoy reduction in their electric bills without hefty upfront capital outlays.
Contact EBR Energy today to find out how much savings can be had at no cost to non-profit and governmental entities.
EBR Energy works in conjunction with USAID, UNDP, NGO’s, and Government Institutions to provide renewable energy solutions for rural electrification.
We provide the following services:
• Off-grid and Grid-tied Renewable Energy (RE) solutions
• Solar Photovoltaic (PV) for water pumps, sanitation, irrigation, tunnel dryers, and seed cleaners/grades.
• Solar/wind hybrid solution
• Micro wind turbine
• Designing solutions as per customer need
• Supply of RE products & systems
• Installation of RE products & systems
• Consultancy services for Alternative Energy sources, products and systems.
We understand the challenges that our partners face on the ground and at the international level. Therefore, our goals when working with NGO’s and donor agencies are to:
• Provide the desired level of project control to the funding organization
• Make the costs and implementation process transparent for total accountability
• Enable the funding agency to work directly with the team on the ground
• Train local workers to install and maintain systems for realistic sustainability
EBR Energy has front line experience in Solar Rural Electrification and can be a resource to your team as you work towards building a brighter future in communities around the world.