November 19, 2015 | By RGR Marketing Blog

Grocery Stores Are Turning to Solar Power for Their High Energy Needs

Supermarkets, like other brick and mortar retailers of consumer-packaged goods, deal with some of the slimmest profit margins in all of business. A natural result of this is their constant quest to minimize, manage, and control their operational costs. Couple that with the fact that supermarkets are very energy intensive businesses, and you have a strong case for examining and minimizing your energy costs.

Additionally, power outages often have a devastating effect on grocery stores, causing thousands of dollars of perishable inventory to be jettisoned and replaced at tremendous cost.

Supermarkets and other large retailers use a tremendous amount of energy to keep shoppers at a comfortable temperature and to keep goods within optimal temperature ranges. More and more these energy-intensive businesses are turning to solar energy systems to shore up their energy costs while providing automatic emergency power for key backup systems.

Additionally, going green and reducing their carbon footprint is an incentive as it sets apart solar retailers from the competitors.

Commercial Retailers That Are Turning to Solar

Recent industry reports are showing that a growing number of commercial operations across the United States are adding solar power generation systems to their energy assets. Many of these commercial operations are within the consumer packaged goods or CPG sector.

Grocery retailers that are turning to solar for their energy needs include Stop and Shop, Safeway, Albertsons, and Whole Foods. Also, big box retailers with a grocery component like Costco, Target, and Walmart are lowering their energy costs by augmenting their energy systems with solar generation and storage.

Why Is This Happening Now?

The general rise in solar power adoption rates by big box retailers and national supermarket chains has been largely attributed to ongoing declines in the initial costs of putting in solar. Combine falling prices for solar with government incentives, unstable fossil fuel markets, and the marketing bonus associated with going green and a more complete picture emerges.

Regardless of the marketing benefits and falling cost of entry, going solar is being seen more and more as a hedge against future spikes in conventional utility prices.

Leasing Has Driven Greater Adoption as Well

When combined with the rapidly declining prices of photovoltaic and energy storage systems, innovations in the financing of new solar systems, including zero-down leases, are helping more businesses get into solar power. Also, with most utility districts compensating businesses, as well as individual homeowners, for power delivered back to the grid during high generation periods, solar makes greater and greater sense as an investment in the present and the future.

If you’re a solar power installer, keep in mind that most business can benefit from installing a solar power system. Better than that, certain energy-intensive businesses like grocery stores and supermarkets can stand to benefit the most from your services.

[Photo via: Smainverted]

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