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.
- Events & Awards
- Magazine Archives
- Oil & Gas Engineering
- Salary Survey
- Digital Reports
Annual Salary Survey
After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.
The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.