Electricity costs are often one of the largest operating expenses that businesses face. With the falling price of solar panels, it is becoming more lucrative for large companies to use solar energy to lower their operating costs. The commercial solar sector has seen large growth in the last few years with large companies such as Walmart, Costco, Kohl’s, and Ikea implementing systems on their large buildings across the country (Solar Means Business). Renewable energy including solar has recently received a boost in private and public investments since the Paris COP21. Much of this is coming from the Breakthrough Energy Coalition which was put together by billionaire Bill Gates. The goal of this Coalition of private investors is to bring down the price of renewable energy through innovation, so that it will be economically competitive with fossil fuels (Gates). There are many index funds and individual stocks in solar energy companies that companies with large portfolios and individuals alike can invest
Electricity costs are often one of the largest operating expenses that businesses face. With the falling price of solar panels, it is becoming more lucrative for large companies to use solar energy to lower their operating costs. The commercial solar sector has seen large growth in the last few years with large companies such as Walmart, Costco, Kohl’s, and Ikea implementing systems on their large buildings across the country (Solar Means Business). Renewable energy including solar has recently received a boost in private and public investments since the Paris COP21. Much of this is coming from the Breakthrough Energy Coalition which was put together by billionaire Bill Gates. The goal of this Coalition of private investors is to bring down the price of renewable energy through innovation, so that it will be economically competitive with fossil fuels (Gates). There are many index funds and individual stocks in solar energy companies that companies with large portfolios and individuals alike can invest