Business owners PAY ATTENTION!! I will keep this super simple.
This article explains how big investment firms with billion dollar portfolios choose to invest in solar because it’s such a predictable, safe and profitable investment for them. IF all those big wall street firms that everyone looks to as criminals because they make millions of dollars annually do this THEN why wouldn’t you take the same type of investment strategy for your business?
Think about it… Your business is one of your biggest assets in this life, apart from your family of course. Business owners that purchase the solar system get Federal & State Tax Credits. In Arizona that alone pays for 1/3 of the cost of the system. Canna Solar has a specific solar asset recovery program that creates an even bigger incentive to put a solar system on your business.
Here’s the deal, I feel like I’m on a soapbox here but solar is simple.
We design a solar system to produce electricity that you use, we can eliminate your bill with the utility, you save money every month, you increase value to your property and the equipment comes with a 25 year warranty. The scenario for the big guys on wall street with all the brains, computer models, financing prowess and tax benefit strategies is no different. That’s why their doing it. If you have a solar system installed on your business and it was done correctly in accordance with your needs (and what your roof top will allow) then you’re going to be sitting in a situation of economic benefit. Unfortunately, people do not go solar to save the environment or create a better community…they go solar because they want to save money or capitalize on tax incentives. That’s the great thing about working in this industry is that you help the environment and your help people save money.
Ok….I’ll step down from the soapbox…hopefully I made you think about it a little.
Here’s the article that lay’s it out…
Southern Power’s Lamesa Solar Facility in Texas is among the projects in the portfolio.
As solar and wind continues to become mainstream power sources, conservative investors are increasingly buying in, particularly in portfolios of existing projects which offer stable cash flows.
This morning Southern Power, the generation subsidiary of power giant Southern Company announced that Global Atlantic Financial Group has agreed to buy a 1/3 stake in its portfolio of 26 operating solar facilities, which total 1.7 GW of capacity.
And while both investments are more low-risk than putting money into technology companies, Global Atlantic’s purchase is even more so. Southern’s solar projects are already operating, and hold long-term contracts to sell their power. Additionally, Global Atlantic is only buying a 1/3 stake, not majority ownership.
Southern Power notes that it will act as the general partner in the cooperation and maintain overall operational responsibilities for the projects.
“We look forward to working alongside Global Atlantic as we continue our work to provide clean, safe, reliable and affordable wholesale energy to our customers across the United States,” notes Southern Power President and CEO Mark Lantrip.