Could Your Business Use Wind Energy (Part 1)?
One of the biggest changes that many large corporations have made in recent years is switching from fossil fuel energy consumption to renewables. Large companies often have a choice of multiple types of renewable energy—including solar, wind, hydroelectric, and geothermal options—but small companies often don’t have the resources for the latter two. If you are considering a switch to renewable energy, that leaves the choice of whether to go with solar or wind power for your business. Here are some reasons you may want to consider wind energy.
Business Benefits of Renewable Energy
There are a lot of environmental reasons to think about going from burning fossil fuels for your energy needs, but equally compelling are the business reasons to do so. Renewable energy, including wind and solar power, have up-front costs, but once you have a system installed, your energy prices stabilize from year to year at nearly zero, aside from some maintenance and upkeep costs for your renewable energy equipment.
That can help you predict costs in future years with more accuracy, and avoid surprises that come from huge swings in energy bills. Even a small change in the price of energy—which has been steadily rising for decades—can have huge budget implications for large commercial buildings like retail stores or offices. Being able to accurately predict and budget for your energy needs means you can make better business decisions moving forward.
Why Wind Energy?
Major corporations throughout the U.S. and the world are investing in wind power. Some of the biggest names to enter the wind power industry recently include:
- General Motors
- Proctor & Gamble
Many of these companies have set goals to have a significant portion of their energy needs come from renewables in the next few years, and wind is helping them get there. But if your company is not as big as, say, Google or General Motors, that doesn’t mean you can’t use wind energy. It still provides a lot of benefits even for small and mid-size companies looking for a more environmentally-friendly and bottom line-friendly energy choice.
The total cost of wind energy has dropped by more than 40% in recent years, and represents one of the fastest growing areas of renewable energy behind solar power. In 2018 there were wind farms in 41 states, as well as some offshore to capture abundant wind energy on the ocean from turbines without using up land space (they’re also not visible from the shore, so they won’t ruin a beautiful ocean view).
In part two of this blog post we’ll cover some important considerations before deciding on wind power, including some of the potential downsides of this renewable energy. Intermountain Wind and Solar can help you determine whether wind energy is the right choice for your business. Contact us today to learn more.