Small firms will benefit from solar installations

In 2008, Cincinnati Vice Mayor Roxanne Qualls and her City Council approved the Green Cincinnati Plan, an ambitious initiative to install solar energy on 20 percent of the residential and commercial rooftops within the next 20 years, and now Qualls is planning to partner with local organizations to make it work, reported UrbanCincy.com.

The solar energy installation will now be supplemented by help from Green Umbrella, Port of Greater Cincinnati Development Authority and the Greater Cincinnati Energy Alliance (GCEA) to develop Property Assisted Clean Energy (PACE) financing, which will help stimulate job creation in the city as well.

"If Cincinnati adopted a goal to get 10 percent of its energy from solar by 2030, and just my small business met that demand, I'd have to hire 450 electricians tomorrow and keep them hired for the next 17 years," Matt Kolbinsky, program manager for SECO Electric, told the news source.

Small businesses are now open to adding solar energy more than ever before, according to Smart Money. These investments are more welcome because the price of solar power continues to decline, making it a more worthy purchase for small-business owners.

Content presented by Bridge Bank, offering flexible, customized solutions for entrepreneurs.

Getting Started

Find your ideal banker:

Select any filter and click on Apply to see results

Featured Insights

After the financial crisis of 2008, risk management became a top priority for most businesses. Metric Stream, a...

An Employee Stock Ownership Plan (ESOP) can be an effective way to create liquidity as well as serve as a means to...

Self-confidence is a valuable trait for any CEO, but it should be blended with a willingness to accept help when it’...

The growth of U.S. exports is a trend that should continue along with a strengthening global economy, says a report...

Banks are increasing commercial real estate (CRE) loans at a rate...

Bizjournals.com reports on Sept 22 that existing home sales fell in August for the first time in four months as...

A new bill signed into law on Sept. 19,...

Every bank is going to tell a prospective client that they can serve their needs, but asking the right questions...

It doesn’t have to be a total loss when the bank turns down your request for a loan to expand your business. When...

Recent News

12/16/14
San Jose, CA – December 16, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
12/16/14
San Jose, CA – December 16, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
12/04/14
San Jose, CA –December 4, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
10/28/14
San Jose, CA – October 28, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
10/16/14
Conference Call and Webcast Scheduled for Thursday, October 16, 2014 at 5:00 p.m....
10/14/14
San Jose, CA – October 14, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
10/02/14
San Jose, CA – October 02, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
10/01/14
Bridge Bank's Holding Company Admitted to the Sandler O'Neill Sm-All Stars Class of...
09/03/14
San Jose, CA – September 3, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
BusinessWire
07/28/14
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (“KBRA”) has assigned senior...

Twitter

Featured Insights

Featured Insight

After the financial crisis of 2008, risk management became a top priority for most businesses. Metric Stream, a...

Featured Insight

An Employee Stock Ownership Plan (ESOP) can be an effective way to create liquidity as well as serve as a means to...

Featured Insight

Self-confidence is a valuable trait for any CEO, but it should be blended with a willingness to accept help when it’...

Recent News

Banks are increasing commercial real estate (CRE) loans at a rate...

A new bill signed into law on Sept. 19,...

Twitter