Solar Panels, Wind energy, and other ancillary green energy solutions should be integrated to defend your pocketbook. Recently a client had a situation arise that illustrates the point perfectly. This customer's plight is the topic of this whole domain. We will use their pain to hopefully alleviate others.
The Background: New Commercial Building, Not Enough Power
The business in question bought a new building in a major metropolitan area. The building is currently serviced with adequate power for the current tenant. However, once that tenant's lease is over, and the new owner takes possession proper, the power will need to be upgraded to adequately power all the equipment they use in the course of business. The power company is happy to upgrade the power lines to the property for a fee, $100,000. Click here to calculations regarding the current setup and equipment requirements.
Pop Quiz, what would you do?
A. Pay the Power company to build THEIR infrastructure AND commit to buying power for the next 20 years.
OR
B. Invest in yourself some, generate power onsite to adequately augment current electrical systems.
Pop Quiz, what would you do?
A. The power company wants $100,000 for their infrastructure.
or
B. You invest $50,000 in your own renewable power, and avoid power payments for 20 years.
The moral of the story, the client:
Saved $50,000 up front, alleviating nearly $120,000 off his loans when applid to equity.
Bought 20 years of power for $50,000 up front, alleviating monthly bills, further expanding ability to pay equity monthly.
Alleviated annual 3% PUC gains on a portion of their power bill, expecting them as quiet capital gains on their investments.
Will you do that well on the quiz?
When faced with dropping power lines for the energy companies, one should look at all the options for power.
Solar Panels, Wind energy, and other ancillary green energy solutions should be integrated to defend your pocketbook. Recently a client had a situation arise that illustrates the point perfectly. This customer's plight is the topic of this whole domain. We will use their pain to hopefully alleviate others.