Why are Ohio businesses adopting solar power?
Lower cost of materials, increased funding options, and flexible space requirements make solar power a smarter investment than ever before.
Explore these Resources to Learn More About Commercial Solar Power:
See below for more information and resources about commercial and industrial solar power.
Solar Power Affordability
What makes solar affordable? Increased efficiency and lower solar panel prices make the cost of solar power generation lower than the cost of electricity generated by your local utility. Funding options for solar power include:
GEM Energy’s solar experts can provide an analysis to determine which option is right for your business.
Power Purchase Agreement (PPA)
Using a PPA structure allows you to take advantage of less costly power on day one with no capital investment. A third-party investor builds the solar array, and a host buys the power that it produces.
PPAs are like power bills: you pay monthly for only the power that is delivered to you. Savings will increase over time as the grid power costs go up and your solar power costs are locked in.
Choose the PPA option if:
A GEM Energy solar expert can help explain the pros and cons of this funding option.
FEDERAL
Recently signed into law, the Inflation Reduction Act (IRA) significantly expands the incentives and improves the economics of solar for businesses and non-profit organizations.
STATE AND LOCAL
Some counties, cities, or municipalities offer tax advantages for businesses adopting solar energy. GEM Energy will do the research and apply if you qualify.
For commercial and industrial facilities, this Solar Scorecard will help you evaluate the important qualities of a solar contractor:
For higher education facilities, this guide will give you tips for talking to your decision-makers about adopting solar energy:
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With substantial proven experience, GEM Energy has completed projects spanning a variety of provided services and solutions. Click on any image below for a complete description of the solar project.
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GEM Energy has been actively developing solar projects in Ohio since 2009. GEM Energy is ranked in the top 150 on the 2022 Solar Power World Contractors list and in the top 30 of 2022 Solar Developers.
As your solar power partner, GEM Energy is a one-stop shop for every aspect of your project. We can handle all the details, including facility assessment, funding, and all other details through to implementation, with no capital expense for your facility.
We’ll begin by conducting an analysis of your energy usage patterns and electricity demand to determine:
We’ll also manage the funding/financing for your project. This involves demonstrating to a financier that the undertaking is an investment-grade opportunity, likely to deliver significant ROI throughout the life of the contract.
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For more information or to talk with a solar expert, contact Andrew Whitehead at:
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