SOLAR TAKING CARE OF BUSINESS
SOLAR TAKING CARE OF BUSINESS
Solar is being used by increasingly more businesses every dayin applications ranging from heating water to providing a more reliable, clean power source. Solar energy provides a businesswith "power security", enabling a business to continue operating even when utility power is disrupted.
A 10% business energy tax credit is available for those businesses that invest in or purchase solar energy property. (Energy Policy Act of 1992- U.S. Code Citation: 26 USC Sec. 48)
A business can save 40 - 80% on electric or fuel bills by replacing its conventional water heater with a solar water heating system. 1
At the 1996 Summer Games in Atlanta, a solar pool heating system of over 10,000 square feet was installed that maintained the temperature of the Olympic swimming pool within one degree. It is estimated that this system will save $12,000 annually in reduced heating costs. 2
A Wal-Mart store in California has integrated PV into an awning located over the store’s entrance. Over the projected life of the solar system, Wal-Mart will be able to reduce atmospheric pollutants that cause smog by three tons, acid rain by five tons and global warming by 720 tons. It will also save 420 tons of coal, 1,300 barrels of oil, or 93 million cubic feet of natural gas. 3
Footnotes
1. Using Solar Energy to...Heat Water for Commercial Buildings. SEIA brochure.
2. Solar Industry Journal. Second quarter 1996. Vol. 7, Issue 2.
3. Solar Industry Journal. First quarter 1996. Vol. 7, Issue 1.Written by: Solar Energy Industries Association
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