Seize the Daylight: The Renewable Revolution is Here
A green strategy is now the gold standard
In the past, eco-friendly business models occupied a niche world, but they are becoming the standard in today’s economy. Historically, renewable investments saw massive upfront costs and lengthy payback periods, which made project economics hard to stomach for many businesses. But the scales have been tipping over time, and now - especially after the passage of the Inflation Reduction Act (IRA) - investments in renewable energy and energy efficiency are the smart long-term business strategy.
Beyond bottom lines and project economics lies a greater advantage to investing in a sustainable future: it signals to your stakeholders and customers alike that your leadership possesses the vision and foresight to adapt to our changing economic environment.
Forward pressure from all sides
Today, there is global momentum towards a green economy (ECO-nomy, anyone?). Around the world, directives like the US SEC’s Enhancement & Standardization of Climate-Related Disclosures and the EU Council’s Corporate Sustainability Reporting Directive have put pressure on businesses to account for and regulate their climate impacts. Not only that, 1 in 3 dollars of assets are now invested in ESG strategies, and as much as 72% of investors say they are increasing their portfolio ambitions on ESG outcomes. Plus, with rising energy prices and an increasingly unreliable grid, energy resiliency is becoming more and more of a business necessity. Now that the course is set, companies can either respond, or fall behind. CEO of Schneider Electric, Jean-Pascal Tricoire, says, “Just use common sense.”
Under the pressure of this evolving market, and with the support the IRA has offered to companies looking to transition to renewable energy, the ball is in business leadership’s court.
An eco-business model is an effective business model
Businesses that adapt to these trends will secure the success of a sustainable future. 7 in 10 companies that prioritize sustainable product strategies see increased employee engagement, customer satisfaction, and revenue growth.
One of the most effective ways to capture the momentum of this evolution is to support your business with a solar energy and battery storage system. Businesses with solar energy systems typically see reductions of around 75% in utility bill costs. Not only do solar energy systems reduce operational costs, they support your business’ energy resiliency in the face of soaring energy prices and increasingly frequent grid outages. Plus, taking this action signals to stakeholders that the company is committed to sustainable operations.
Whether from a rooftop system or a solar carport, sourcing your business’ energy from the greatest renewable energy source - the sun - is a brilliant long term investment. Not only are you capitalizing on a sustainable energy source, you are lessening the impact your company has on our changing climate. With the incentives provided by the IRA and the financial support many states offer, installing a solar energy and battery storage system finally pencils out. As the economics of renewable energy systems continue to improve, payback periods keep shortening, helping businesses to lock in their energy costs quicker and quicker.
Capitalize on the new green economy with Promise Energy
If your leadership is ready to take advantage of the new green economy, now is the time to commit to our shared sustainable future. Federal incentives, confident markets, and eager consumers are all pointing businesses towards investments in ESG and energy efficiency. Working with a qualified and accomplished team of professionals is a crucial part of determining where your business can join the renewable revolution. Reach out to the Promise team and request your complimentary energy analysis. Our energy experts will guide you through our comprehensive approach, and ensure you have all the information you need to make an informed decision.
Ready to see how you can help support your business with energy upgrades? Contact Promise Energy at info@promiseenergy.com for a complementary evaluation.
At Promise Energy, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.