Renewable energy means business opportunity

The image shows a row of electric vehicle charging stations with a clear view of the charging cable and connector. Several parked vehicles are visible in the background, and the scene is bathed in warm sunlight, suggesting a clean energy solution in a business or public setting. The text "Business Boost with Clean Energy" is superimposed in the foreground.

Research shows that companies can gain economic advantages from installing solar panels and EV charging stations, in addition to supporting a sustainable future.

A recent study by MIT found that businesses near electric vehicle (EV) charging stations saw sales increase by 3 percent, drawing more new customers and adding thousands of dollars in annual revenue for shops, restaurants, and hotels. As EV drivers park their vehicles to recharge, they often find themselves with spare time, creating opportunities for shopping or dining in nearby establishments.

An increasing number of businesses are turning underutilized parking areas into profitable assets by installing solar panels and EV chargers. Besides generating revenue, this provides shaded parking and convenient EV charging—additional services to their customers that enhance the overall shopping experience.

The highest EV and solar adoption rates in the U.S.

Businesses in the Golden State have a vast opportunity to attract eco-conscious customers, investors, and partners.

California has consistently led the nation in the number of electric vehicles (EVs) and EV charging locations every year since 2016. This accounted for 37% of U.S. registered light-duty EVs and 27% of EV charging locations at the end of 2022, according to estimates from the State Energy Data System (SEDS).

The state has also been America’s top solar market for over a decade. The sector is a cornerstone of the state’s economy, employing more than 78,000 people and driving nearly $100 billion of private capital into communities statewide. Solar energy provides nearly 30% of California’s electricity needs, and the state has passed laws committing to deploying more solar projects of all sizes to meet its aggressive climate goals.

Driving Clean Energy Solutions for Business Opportunity

BEI’s full-service capabilities enable California businesses of all kinds to build solar facilities and EV charging stations to capitalize on the opportunities offered by ready access to clean energy. With an extensive portfolio of renewable energy installations for companies like Dole, Nestle, and Tesla, BEI has become a leading partner of choice for businesses looking for design/build services in the clean energy segment.

“With government financial incentives and customers’ growing demand for easy access to clean energy, there are a lot of business advantages for companies to create their own renewable infrastructure,” says Dominic DiMare, Principal, BEI Construction. “Our end-to-end services and expertise at delivering cost efficiencies make the installation process seamless.”

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