Electricity is often referred to as the last unmanaged business cost – with energy consumers having very little control over the electricity prices that they pay and the generation sources that power their operations. Spear Point Energy dramatically changes that dynamic, offering our clients reliably priced renewable energy that is both cleaner and cheaper than electricity purchased from traditional sources.
The benefits of solar powered electricity are wide ranging:
Through a Solar Services Agreement clients are able to:
- Lock in long term energy cost at favorable rates
- Manage and forecast long term electricity costs
- Exercise a hedge against future energy market volatility
Through hosting of on-site electricity generation, clients are:
- Enabling domestic energy production
- Supporting job creation and industry growth
- Reducing demand on the utility electrical grid which leads to overall higher regional grid stability
By supporting the generation of electricity through solar, clients are utilizing electricity from a source that has:
- No ongoing fuel requirements
- Makes no noise
- Discharges no pollutants for its 40+ years of operational life
Domestic electricity costs have risen steadily for the past 50 years. Economic drivers such as resource scarcity, geopolitical instability, transmission congestion, socio-environmental related legislation, permitting difficulties for traditional energy generation stations, and an overall increasing energy demand support projections for further cost increases into the future. By locking in today’s rates for future electricity costs, clients see their cumulative savings increase over the duration of their Spear Point Solar Service Agreement.
Unlike traditional energy generation sources, fuel input costs for solar are fixed. Spear Point passes along this security through its stabilized energy pricing, allowing customers to plan their expenditures for years.
Clients are interested in purchasing clean and inexpensive electricity – not adding assets to their balance sheet that are not aligned with core business operations. By financing the system, managing all aspects of development, and then bearing all long term service and operations liability, Spear Point allows its clients to continue devoting 100% of their resources to their core operational goals while simultaneously realizing the many practical benefits of renewable energy.
Through a relationship with Spear Point Energy, businesses, schools, and municipalities take meaningful steps to support US based energy production. The United States has a wealth of untapped energy resources in the form of stable solar resources and strong regional wind regimes.
Many Spear Point Energy clients work in highly competitive, mature markets where opportunities for product differentiation are scarce. By producing products through the use of the sun’s energy, clients are able to convey to their clientele that they are proactive regarding all aspects of their operations.
Local, regional, and global concerns emerging from our historical methods of energy procurement and consumption have been widely supported by the global scientific community and governments. It is clear that a balanced global development into the future will need to rationalize our need for large quantities of energy with the addition of renewable production into our generation portfolio.