Solar energy takes careful thought for commercial construction
Panel: Solar energy involves complex decisions for commercial applications.
Tying solar energy with commercial construction comes with a more complex set of decisions than slapping a set of solar panels on the roof and watching the electric meter spin backward, reports the Phoenix Business Journal .
Businesses need to take into account a host of factors that can determine how much money they will save, how long it will take to get a return on their investment, and whether those panels will be working in a few years, according to industry experts at a panel discussion on the issue at the CoreNet Global Desert Mountain Region meeting last week.
“When you don’t pick the right technology for the right application, you have a problem,” said John Balfour, president of PerfectPower Inc., a Phoenix-based consultant and supplier of solar components.
The declining cost of solar manufacturing has made that easier as more players jump into the market, electric rates increase, and a federal investment tax credit was extended, allowing companies to continue to claim up to 30% of the cost of a system. Utilities also have ponied up about one-third of the cost through rebates, the result of states pushing to get solar power adopted quickly.
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Annual Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.