KENDALLVILLE, Ind (WFFT) - As technology has improved, so has the decision making of businesses and many business owners are betting on solar power energy for their future.
Solar power has been around for decades, but recent government credits have made it easier for businesses to make the switch. Now, hundreds of businesses within 100 miles of Avilla, IN have chosen Renewable Energy Systems to convert to sun power.
Eric Hescher, the owner of Renewable Energy Systems said, "Since the last 10 years, there has been a steady increase in small and medium size businesses that are adopting solar. The price of solar in the last 10 years has come down significantly and with the federal tax credit as well as the systems being able to depreciate themselves through the business it has become a very good investment for businesses in northeast Indiana to make."
That's one reason why Reliable Production Machining and Welding in Kendallville installed a one million watt solar system to power their facility.
Tom Walterhouse, the CEO of the company, explained why they made the switch, saying it was "mostly for financial reasons. Our electric bills were $15,000 to $20,000 a month. Once we heard that the potential was to reduce that greatly through solar, it went from there."
But the money isn't the only benefit to going solar. The energy that would have been bought from the power company would have been produced by coal power plants, releasing harmful CO2 into the atmosphere that causes health problems and contributes to global warming, which was something on Walterhouse's mind as well.
"Everything is going green, it looks good to our customers. So, we thought...it might be a good idea," he said.
Plus, the clean energy source can be run alongside traditional energy purchased from the power company. If your business has a power surplus, the extra energy generated by your company will be put back into the electrical grid, providing you with a redeemable power credit. So, it's possible your next long term money saving strategy could come from the sun.