It’s early Monday morning and you are just settling into another hard-charging work week as a hospital CEO, Administrator, COO or CFO. Your assistant lets you know that you have visitors—unplanned visitors. Surprise! A Joint Commission (JCAHO) and a CMS inspection team are at your facility to perform an impromptu inspection.
Even though the economy has largely recovered from the Great Recession that hit nearly a decade ago, K-12 funding has yet to bounce back. In fact, half of states today are providing less funding to K-12 schools than they were in 2008.
This fiscal crisis has school administrators concerned for a number of reasons.
Higher education administrators today are facing unprecedented fiscal challenges after years of budget cuts have continued to chip away at their schools’ funding. In fact, funding for public two- and four-year colleges is almost $10 billion less than it was before the Great Recession, less than 10 years ago. As a result, administrators have offset budget cuts by increasing tuition prices, driving tuition up 33 percent since the 2007-08 school year.
Most of the services provided by municipalities are funded directly by their constituents’ tax dollars. As such, municipal leaders are constantly challenged to meet the expectations of their constituents without overspending. A failure to make appropriate investments at a municipal level may result in budgetary shortfalls for essential needs such as public transportation, emergency response, resource appropriation and more.
For many businesses today, installing rooftop solar is an easy decision. Rooftop solar can be a cost-effective and convenient method for businesses to reduce energy waste and reliance on the electric grid, while at the same time demonstrating a commitment to their employees, their community and the environment as a whole. In many situations, roofs are unused spaces with direct access to sunlight, making them seemingly the most viable location for a solar array.
Business leaders today are turning to renewable energy to power their facilities for many reasons. For some, alternatives like solar energy provide an opportunity to cut expenses. Others choose renewable energy to be a responsible corporate citizen. Some may also go green to cultivate a positive brand image that appeals to many of today’s consumers. If your organization is looking to develop a solar array at your facilities, you may be doing so for one—or all—of these reasons.
Business leaders today have more energy choice than at any time in history. Most of the attention has been given, rightfully, to wind and solar. These two options—particularly solar—are making an immense impact in the world today. The systems are increasingly efficient, cost-effective and available in many areas. Research into energy sources like geothermal and biomass is also improving and these alternatives may prove viable for certain businesses, if not now, then in the future.
The story of the United States’ energy consumption is a tale of two cities. Last year marked the first time in history that the nation added more new electricity projects using solar energy than natural gas. At the same time, the US has produced more petroleum and natural gas than any other country for the past four years in a row.
Considering the fact that renewable energy solutions are only now starting to garner mainstream appeal in the business community, it can be difficult for business leaders thinking about procuring alternative energy systems to find examples to use as a blueprint for their own green initiatives. That being said, there are a number of organizations forging a path that can be useful for business leaders to model their own green initiatives. Some of the leading eco-friendly businesses today are enjoying a number of benefits. Sustainable initiatives can help businesses cut energy costs while increasing revenue by attracting like-minded consumers. In addition, many of these businesses are bolstering their brand image as pioneering global citizens.
Whether you’re the head of a business or the head of a household, there are many reasons to consider making renewables a part of your home or facility’s energy infrastructure. Thanks to technological advancements in solar, wind and storage capabilities, as well as streamlined manufacturing processes, renewables have never come at a better value. And there are environmental benefits in decreasing reliance on the utility electric grid. If you’re a business leader, making renewable energy a staple of your operation can even improve consumer perception of your brand.