In the news
A Dec. 5 report is encouraging Cincinnati to become the solar energy capital of Ohio and the broader region. The report, titled “Building a Solar Cincinnati,” was put together by Environment Ohio to show the benefits and potential of Cincinnati regarding solar power.
Christian Adams, who wrote the report along with Julian Boggs, says Cincinnati is especially poised to take charge in this renewable energy front, in contrast to the rest of the state, which gets 82 percent of its electricity from coal. Adams points to the sustainability-minded city officials and public, a “budding solar business sector” and the great business environment as the city as reasons why Cincinnati could become a pivotal leader.
With 21 public solar installations to date, the city has already seen some of the benefits of solar power. The most obvious benefit is cleaner air, which leads to better overall health and helps combat global warming. But the report points out that local solar initiatives mean local jobs. “You can’t export these jobs,” Adams says. “It’s a great opportunity for economic revitalization.”
With solar energy comes an array of job opportunities for solar installers, solar designers, engineers, construction workers, project managers, sales associates and marketing consultants. That’s enough to create brisk job creation. The report points out “energy-related segments of the clean economy added jobs at a torrid pace over the last few years, bucking trends of the Great Recession.”
Still, there are hurdles.
Although solar energy saves money in the long term, installing solar panels has a high upfront cost. The cost can make the short term too bleak for many potential customers.
To help overcome the short-term problem, the report suggests third-party financing. In these financing agreements, customers agree to give up roof space to have a solar power company install solar panels, and then customers agree to buy their power needs from the company. It’s a win for the solar power company because the panels eventually pay for themselves through new customers, and it’s a win for the customer because he sees more stable, lower energy costs and cleaner air. Adams points out that a few businesses and individuals in the area have already taken part in such agreements with great success...