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Solar’s Inflection Point: Controlling Costs with Solar Power

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This content is sponsored by Entegrity Partners.

It is no secret that businesses strive to do everything they can to ensure optimal long-term growth and performance. This means finding and keeping the best talent, adjusting with the market, and controlling expenses.

Many business owners are unaware that there is a needless expense in their operating budget and the provider of this expense can charge you any amount they see fit. The increasing cost of electricity is outpacing inflation. Addressing your energy consumption is not only a responsible way to control and reduce your expenses, it is imperative to hedge against rising costs of inflation that are completely out of your control.

The cost of electricity in Arkansas is increasing at an average of 3 percent each year, with no indications of slowing down. Your electric bill doesn’t have to be an uncontrollable piece of your budget, and thanks to solar energy, it can be eliminated altogether. Between the low cost of solar, high tax credits, increasing utility rates, and low cost of financing options, it becomes obvious why businesses across the state are utilizing solar as an investment vehicle.

Solar has changed a lot in the past five years, especially in Arkansas. It has transformed from a novelty environmental crusade to a feasible and maintenance-free investment.  Companies like Little Rock based Entegrity are pleased to grant business owners like yourself the opportunity to hedge against the rising costs of electricity with turnkey solutions.

Businesses are implementing solar technology at the fastest pace in history. One trending practice to control operating expenses is the rise of Net Zero Energy (NZE) buildings. The goal of Net Zero Energy is for a building, over the course of a year, to consume no more energy than it generates with onsite renewable sources, primarily solar. Entegrity Partner Matt Bell says, “The time for solar is now – with the costs of solar installations dropping and the cost of electricity rising, an inflection point has occurred where solar installations in Arkansas generate electricity below the retail rate. Businesses that have taken the steps to protect themselves are already reaping the benefits, and will continue to do so for decades to come.”

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