The solar system has received financing entirely through loans and incentives, including around $2.9 million in tax credits and state subsidies more than the next six years.
Sunlight Electric’s Chief Executive Officer Rob Erlichman expects that the system will save Bay Area Beverage $171,000 in electricity costs per annum. The solar system will decrease Bay Area Beverage’s carbon footprint by over 905,924 pounds of CO2 per annum, similar to the carbon captured annually by around 123 acres of forest.
For us, going solar isn’t just about ‘doing the right thing’ — it’s good business as well, said Bay Area Beverage President TJ Louderback. With the federal and state incentives, our solar project became a very reasonable proposition and will provide significant savings and improved cash flow immediately. These savings will help us continue to provide our customers with superior service as well as quality jobs with great benefits for our employees.
