Benefits of Solar Electricity for Non-Profits
Protection Against Rising Utility Costs
Over the past 30 years, California utility rates have risen nearly 7 percent annually. With a solar power system, your non-profit will be in control of its energy production and use. You’ll be freed from volatile energy rates and the need to depend on diminishing fuel sources. The power you generate will not be subject to increases in energy rates, thus providing you a nice hedge against rising electricity costs and a stable cost for budgeting.
Lower Operating Costs
A photovoltaic system will lower or completely eliminate your electricity cost. Installing a solar power system is equivalent to prepaying for 30+ years of power at a fraction of your current cost. You will often see savings on your first bill, and as electricity rates rise over the life of your system, you’ll accumulate still larger savings.
Excellent Return on investment (ROI)
An investment in solar electricity provides long-term savings. The ROI on a photovoltaic system comes from the avoided cost of future utility bills. Current rebate programs from your local utilities and municipalities also pay for a substantial portion of total system costs. Most non-profits see returns of 10-18 percent after tax on their solar electricity investments. The cost of a solar electric system installation can usually be recovered within 4-7 years, depending on how much energy you use. Government incentives, combined with recent decreases in solar equipment prices, can make an investment in solar electricity a good financial decision. Finally, a solar power system also adds directly to the value of your property, further enhancing your financial returns.
Reliability & Low Maintenance
Solar electric modules power most satellites in orbit because they operate reliably for long periods of time, and require minimal maintenance. Here on earth, commercial solar power systems require little or no maintenance, and will provide clean energy for 25 to 40 years. Solar electric (PV) panels carry a 25-year manufacturer’s warranty that guarantees the panels will maintain a minimum of 80 percent of their original production. Inverter manufacturers carry 10-year warranties on inverters and SunGreen Systems also provides a 10-year workmanship warranty on all PV installations.
Advantages of Being a “Green” Non-profit
Being green is a great messaging tool. Today, many consumers make donation decisions based on the environmental responsibility of the organizations they support. When your organization announces its decision to go solar, you will receive positive exposure and strengthen your name recognition.
Solar Electricity is a Renewable Resource
Solar resource is unlimited, so unlike traditional forms of energy like coal and oil, we are not in danger of depleting its reserves. While sunlight maybe obstructed by clouds momentarily and is unavailable at night, it returns in full force. As long as the sun is shining, you are generating power.
By generating solar electricity, you lower the amount of traditional energy that has to be discovered, mined, drilled, transported and cleaned up. When you use solar electricity you derive power from a clean source: sunlight. Your use of solar electricity helps to fight global warming by reducing our dependency on polluting fossil-fuel sources such as coal, oil, and natural gas.