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

Debt can be a useful tool in building a business, as long as you don’t spread yourself too thin trying to repay the...

New York City has a thriving startup...

2015 was an interesting year for the...

What is it about one startup that...

Two hot topics California businesses will be thinking about as 2016 gets going are a minimum wage increase and a...

Small Business Administration (SBA) loans can be a great resource for businesses that are struggling to obtain...

Startup valuations can sometimes...

Recent News

01/29/16
San Diego, CA – January 28, 2016 – Bridge Bank’s Life Sciences Group (LSG) today...
11/20/15
MINNETONKA, Minn., November 17, 2015 - Zyga Technology, Inc., a medical device...
10/29/15
Reston, VA – October 29, 2015 – Bridge Bank today announced the recent hiring of...
Heatspring Magazine, Gabrielle Rossetti
10/28/15
Heatspring Magazine, October 19, 2015 - Christopher Lord, Managing Director of...
10/21/15
Atlanta – October 21, 2015 – Bridge Bank today announced the recent hiring of two...
09/23/15
Robert Lake Joins Bridge Bank to Lead Life Sciences Growth Initiative SAN JOSE, CA...
09/14/15
The dollar gave back last week's gains vs. the Euro and then some as the focus...
09/09/15
Leading Technology Lender Focuses New Practice on Services for Venture Capital and...
08/21/15
Last week’s devaluation of the Chinese Renminbi has continued to keep the foreign...
07/28/15
The Euro opened the week stronger within an overall risk-off context climbing from...

Twitter

Featured Insights

Featured Insight

Debt can be a useful tool in building a business, as long as you don’t spread yourself too thin trying to repay the...

Featured Insight

Two hot topics California businesses will be thinking about as 2016 gets going are a minimum wage increase and a...

Featured Insight

Small Business Administration (SBA) loans can be a great resource for businesses that are struggling to obtain...

Recent News

New York City has a thriving startup...

2015 was an interesting year for the...

Twitter