In today’s ultra-competitive business environment, many U.S. corporations are placing an increased emphasis on strategic energy procurement activities. Well-managed corporate energy procurement practices can reduce costs and mitigate future energy rate volatility, while also providing improved visibility for financial forecasting purposes. It is in this context that commercial solar photovoltaic (PV) projects can provide significant and unique benefits.
As a commercial solar development firm exclusively focused on corporate clients, one of the most frequent questions we at EnterSolar hear from prospective clients is “what’s my payback?”. For many of our clients who opt for third-party owned arrangements such as Solar Leases or Solar Power Purchase Agreements (PPA’s), the answer to the payback question is “immediate” since there is no required capital investment (despite the immediate monthly cash savings). For businesses considering the benefits of directly owning a solar system (and fully capturing the project’s available economic benefits), the answer can be more nuanced.