So how would a builder profit in the current rough and tumble real estate market? Build a high quality home using green practices without cutting any corners that’s how. David Hall of Deltec Homes has successfully led his company along this path and the profits continue to grow even in these hard times for builders and developers alike. The difference with Deltec is that it is improving upon its green ideas and building practices from within.
Deltec is implementing its green ideas in its own plant, promising to be operating on 100% renewable energy resources by the first of the upcoming New Year. Not only is this a milestone for the company, it is for the state of North Carolina as well. Deltec will officially become the largest private generator of solar power in the entire state with this move.
Sundance Energy is the photovoltaic expert helping Deltec accomplish this noble venture at the mere tune of $500,000. 273 black panels paste the flat roof of the company factory all of which have been strategically angled to harness the sun’s energy more efficiently. Within the walls of the factory, nearly 100 laborers build up to two custom homes every day. The homes are then shipped and assembled briskly all across the country, the Caribbean, Canada and Europe.
The solar panels are projected to pay for themselves in 10 years thanks to the power bill cuts and the state and federal tax credits thanks to the renewable energy movement. Dave Hall, acting President and Chief Executive of Deltec, says that aside from benefiting its bottom line, going solar is simply the right thing to do. Hall is a strong advocate of reducing the company’s carbon footprint and hopes to inspire the move in other affiliated and surrounding businesses.
By using the photovoltaic panels coupled with the purchasing of carbon credits, Deltec has planned to remove 208 tons of carbon dioxide annually from the atmosphere.
Deltec’s homes have received national recognition for their resistance to hurricane force winds and green building practices. The Deltec trademark is their unique round home designs, energy efficiency, and attention to detail. They are continually seeking new ways to reduce waste, recycle and increase manufacturing efficiency.
Dave Hollister of Sundance energy expects this trend to keep on keepin’ on. “Corporations are starting to feel pressure to become more carbon neutral. They see solar power as an opportunity to enhance their marketability,” he says. In the end it is still a world of numbers and the ever elusive bottom line and bigger profit margins, that is among several reasons why renewable energy is hot and shows no signs of slowing.
With the tax credits available to Commercial companies, they can re-claim up to 65% of their investment and the power they generate to sell as renewable credits can pay 14 to 15 cents per kilowatt hour, Hollister says. With rising energy costs on the horizon and the steady increase over the past few years Deltec is among the businesses out there thinking ahead of the curve. It is wise to take advantage of the available incentives while they last practice smart business planning while giving back to the environment at the same time.
“When I’m talking with CEO’s, they see a strategic opportunity,” Hollister says. “Going solar helps the bottom line, and being a good corporate citizen is the icing on the cake.”