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Essay / Renewable energy and businesses: the case of Solarcity
Renewable energy and businessesRenewable energy and businesses are closely linked. Many countries around the world produce electricity from renewable energy sources and use it intermediately. This intermediary chain is a private company. Everyone knows that businesses work best when they are privately owned, not government owned. In this section we focus on renewable energy and business. We analyze several renewable energy companies and study how companies can influence the renewable energy market. SolarCity is an American provider of energy services to homeowners, businesses, and government/nonprofit organizations. Additionally, this company has a very interesting and worthy mission. SolarCity's solar financing program offers homeowners a way to use solar energy for less money than they currently pay for electricity. For example, you can install solar panels on the roof of your home and SolarCity will cover a portion of your utility bills. This business model really works. According to Wile (2014), “the company reported installing 280 megawatts of solar....