Solar means business - savings on costs and better bottom line

Savings from oil and coal importation
 
From Clean Technica

 

Big and profitable businesses like Walmart, Apple, Ikea, J & J Toyota, Loreal, VW have great business sense;  they went solar and so with the rest of top 25 companies who went solar in a big way

Going solar means good business and many companies across USA are adopting solar technology to save costs and improve bottom line.  So far,  since 2012, since inagural Solar Means Business, more than 1,000 mW of solar panels have been installed at rooftops of businesses, non profits and government offices.

There is a cumulative3380 mW of installed facilties at 32,800 across USA during the first quarter of 2013 and represents 40% increase over last year.  The top 25 companies using solar (Pareto principle) has 443 mW of installed capacities.

And their reasons, high RoI, lower costs, and better bottom line.  Solar panel costs have gone down by 40% down from $8.00/watt three years ago.  The ex China cost is $0.50 per watt.  Installed cost would be $3.00/watt in the PHL.  And this very competitive with hydro and bunker fuel which would be $4.00 per kW with higher operating and maintenance cost.  For the consumer this means peace of mind - Level Cost of Energy - LCOE of only P5.00 kwh!

In so far as we are concerned:  this is the progress we have made:

1.  For one of our parks, we are installing 2.5 kW and it will be finished within this month to save on our electric bills for irrigation which costs us almost P30,000 per month;

2.  We will be installing a 3 kW on the rooftop of a business associate in Valle Verde.  He is convinced that the best way to save electricity is to go solar.

3.  We have a project to convince an international church to go solar.  Their monthly electric bills amounts to P6 million  a month.

4.  We are going to finance solar installations and the MA will be savings.  We also would like to trade on solar aircon and LED lights.