Along with being highly professional and knowledgeable about solar power, Vista Solar put forth a winning proposal that featured SunPower® solar products and high-efficiency solar panels. In June 2012, Vista Solar finished installation of a 376 kW rooftop solar system, which will offset 100% of Montague’s electric bill. Going solar also gives Montague a strong additional business advantage because its customers increasingly prefer to contract with socially responsible businesses. The end result is that solar power not only saves Montague more than $5 million over 25 years, it also gives the company a marketable advantage to remain both competitive in its industry and local for many years to come.
AN INVESTMENT FOR THE LONG-TERM
For 150 years, The Montague Company has known that its greatest asset is its people. However, to continue offering its employees a high standard of living in the San Francisco Bay Area, Montague needed a way to reduce costs. Adding to the urgency, utility costs were rising, and overseas competition was increasing pressure in the marketplace. The regulatory environment and client preferences for socially responsible manufacturers made renewable energy a critical part of a sound 21st-century business model. After performing solid due diligence on its renewable energy options, Montague selected solar power because it met the company’s multiple criteria and would do so cost-effectively.
UNPARALLELED PROFESSIONALISM AND QUALITY
Vista Solar stood out from other solar vendors because of its professionalism, personal communication, and well-researched presentations. Vista Solar’s proposal also included SunPower® self-ballasting T10 Solar Roof Tiles and SunPower high-efficiency solar panels. The SunPower reputation made Montague confident that the proposed solar solution would produce reliably for the long-term and that the self-ballasting technology meant their system would be installed without requiring hundreds of penetrations on their recently renovated roof. Furthermore, because SunPower products produce more electricity per square foot, Montague would still have available roof space to accommodate system expansion if their electrical demands increased. That winning combination presented Montague with an excellent internal rate of return and gave the company the confidence to go solar with Vista Solar and SunPower.
A NEW COMPETITIVE ADVANTAGE
By June 2012, Vista Solar had installed a 376 kW solar system on time and on budget at Montague’s Hayward, California facility. Their new system will provide enough electricity to eliminate 100% of Montague’s electric bill. Over the next 25 years, the system will save the company more than $5 million, helping the company to stay local and remain competitive in its industry. Going solar also allows Montague to stay ahead of the curve on environmental regulations in California. Finally, the system offers Montague a competitive advantage in their industry as more and more businesses regularly seek to partner with socially responsible companies. The numerous benefits make Montague financially stronger and more competitive than ever, helping to ensure that the company is well-positioned for another successful 150 years of business.