FedEx continues to reduce bottom line with Solar Power
The 282 kW system in Whittier is capable of producing over 414,000 kWh of electricity each year. The CEO claims that they did it for the environment, although consumer research proves the majority of people / organizations who buy solar power do it for the financial benefits before the consider what the system does for the environment. Obviously producing 40% of the facilities annual needs from solar power is only going to increase the value of FedEx’s stock price.
FedEx purchased BP Solar Panels (which we do feature on our shop, hint hint*) for their installation. It seems like all these corporations are sprinting to get their solar electric systems up and running before December, 31 2008, the last day a tax paying entity can receive the 30% Federal Tax Credit form the government.
By the way, Happy Earth Day!! From the entire GoGreenSolar.com Team!