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As the world’s demand for energy continues to escalate, solar power is proving to be one of the most abundant resources available to provide clean, cost-effective energy.
Recently, Applied Materials introduced a solar rebate program that allows its U.S. employees to take advantage of currently available incentives to save on future electricity bills, further the movement toward renewable energy and reduce their carbon footprint in the process. Applied Materials, in its commitment to build a clean energy future, has partnered with SunPower Corporation in a special program that provides an additional rebate of up to $2,000 — that’s on top of applicable federal, state and local solar rebates — on the purchase of a residential solar system. In some areas, that equates to more than 50% off the cost of a system. In fact, monthly payments could be offset completely by the savings on an electricity bill.
There are two very important and distinct markets for solar power: Large, utility scale solar farms, which are best served by our low cost, large size SunFab modules and constrained spaces, like our employee's home rooftops, which are ideal for crystalline silicon panels like the ones sold by SunPower. SunPower used a highly advanced cell structure for panels, which is made possible by using Applied Baccini Cell Systems equipment.
Solar enables homeowners to not only increase their energy savings over time, but also reduce their impact on the environment and play a significant role in changing America’s energy future.
This is an exciting benefit our employees have been requesting. They are passionate about making a difference with clean energy, and this allows them to adopt in their homes what they are helping to enable for the rest of the world. Applied is pleased to be able to offer its employees the opportunity to save money while making a positive environmental impact.
We encourage more business leaders to enable the adoption of solar energy through these types of employee incentive programs and contribute to the clean tech economy.
