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.