The falling cost of solar installation – cut almost in half in the last decade – is making solar an appealing economic choice for some companies, the report said.
“For many companies, electricity costs represent the single largest operating expense,” the report said. “The continued fall in solar system prices and the adoption of innovative financing models that can reduce up-front costs allow companies that have deployed solar to dramatically reduce energy expenditures. In a growing number of markets, companies can either generate or purchase solar energy at or below local retail electricity rates, saving businesses money from “Day 1.”
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