Some interesting research produced in the US has revealed the scale of uptake of solar by big corporates
The top ten are some well known businesses…
1. Target — 147 megawatts
2. Walmart — 145 megawatts
3. Prologis — 108 megawatts
4. Apple — 94 megawatts
5. Costco — 51 megawatts
6. Kohl’s — with 50 megawatts
7. IKEA — 44 megawatts
8. Macy’s — 39 megawatts
9. General Growth Properties — 30 megawatts
10. Hartz Mountain — 23 megawatts
10. Bed, Bath and Beyond — 23 megawatts
Let’s be clear about their motives; none of these businesses are investing in solar because they want to wrap themselves in a warm cloak of environmental righteousness. These businesses know that solar electricity is the cheapest per kWh they can buy and that having solar on their buildings guarantees that low cost electricity for at least twenty five years. Lower electricity means lower overheads which means bigger profits and happy shareholders.
UK corporates have still to latch on to the commercial benefits of solar electricity but our customers, which tend to be family owned businesses which understand long term investment, are already ahead of this trend.
Contact us here to discuss how your business can make long term profits from solar.