Harnessing this power can reap significant benefits for businesses, individuals and governments alike. For example, businesses can use solar energy to:
- Reduce the risk of volatile and rising fossil fuel prices, thereby reducing or stabilizing operating costs, particularly as governments move to tax carbon emissions.
- Take advantage of government incentives and rebates which are designed to increase the use of renewable energy sources.
- Reduce the risk and cost of power outages.
- Strengthen relationships with key stakeholders such as customers and the community, by showing concern for climate-related issues.