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Although the switch to completely renewable energy will not be an easy one, the benefits strongly outweigh the costs of getting to that point. Switching to renewable energy opens a plethora of opportunities for business.
One topic that should be at the top of every companies list of priorities is CSR (corporate social responsibility). It is very important to show your customer base that you care about them and the world we all share. Switching to a renewable energy source can be a great way for businesses to show their customers that they are taking a step in the right direction to preserve our earth and make it safer. Making this decision could be the leading factor on whether or not a customer chooses your business or a competitor, therefore, going green has the potential to increase overall profit from sales.
When running a business productivity and efficiency is key. However, when relying on traditional non-renewable power sources some businesses may find that during inclement times such as bad weather, they are out of power and unable to operate. Renewable energy is also dependent on the weather at times but is easier to control and distribute compared to the fossil fuels that most businesses are still currently powered by. One example of a type of renewable energy that can be easily managed is that coming from windmills. If one windmill were to stop turning because of weather, the others can pick up and create more energy to compensate. This means less disruption in day to day operations and more profitability.
The creation of new jobs relies heavily on the state of the economy and the productivity of businesses. Businesses can create new jobs indirectly by making the switch to renewable energy. When a company implements these changes they are now stimulating the businesses that provide these renewable energy services. Therefore, growing that businesses and creating new jobs.
Using oil and fossil fuels are already extremely expensive, however, these prices will only continue to go up as these fuels become more scarce every day. Switching to solar energy can provide many benefits. For example you can cut your energy bills while also contributing to the earth’s health. Businesses will also no longer have to worry about competing for resources when they can just harvest their own.
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