Installing solar represents a win-win for facilities managers tasked with reducing carbon emissions from their buildings. There is a proven return on investment, it uses existing space on rooftops, and reduces reliance on the grid.
Experts we work with tell us that they’ve seen a shift back to solar over the past year. The price has come down significantly and when you combine that with energy prices going up, the payback period for solar is more attractive.
Some companies held off major infrastructure projects earlier this year due to energy market price volatility. However, as things calmed down, investment picked up. Most companies understand that energy prices will not fall back to pre-crisis levels but will stabilise at higher rates per kW.