Wal-Mart, the number one retailer in the United States, also turns out to be the number one retail solar brand when it comes to solar installations, but it’s not alone. According to Solar Means Business, an annual report by the Solar Energy Industry Association (SEIA) and The Vote Solar Initiative, Staples, Kohl’s, Apple, and many more popular brands and retailers are installing solar on their stores and warehouse facilities, and the number of installations is growing.
One of the biggest concerns of anyone going solar is the upfront cost and/or how to finance it. With commercial solar systems, you basically have four main options: Purchase with Cash or a Loan; Solar Lease; Solar Power Purchase Agreement (Solar PPA); or Commercial Property Assessed Clean Energy (PACE).
There’s great solar incentive news for Oregon businesses in Portland General Electric (PGE) and Pacific Power service areas: Energy Trust of Oregon (ETO) has raised its upfront solar electric incentive.
Recently, the IRS made a so-called “private letter ruling” that - under certain conditions - allowed solar equipment to be a “good asset” as part of a Real Estate Investment Trust (REIT.) While this ruling is promising news for financing commercial solar projects, it’s not the “Solar REIT” that solar finance people were hoping would be approved.
Most of us are familiar with the benefits solar power has on the environment and our electricity bills, but we don’t often stress the benefits of solar on the economy – and, more specifically, the job market.
Despite renewable energy being a wedge issue this past election season, voters support solar and would like to see government do more to support the growing industry, according to national polling conducted in September by Hart Research Associates and commissioned by the Solar Energy Industries Association (SEIA).
When it comes to design prowess, operational efficiency and cost control, perhaps no company stands out more than IKEA. So when the world’s leading furniture retailer came to REC Solar looking to partner in the company’s long-term commitment to sustainability, we gladly stepped up to the opportunity. The result was installing expansive solar power installations on the rooftops of IKEA locations around the country.