Phillips Collection in High Point, NC

Phillips Collection, a furniture wholesaler, stands out as a purveyor of highest quality, most distinctive wood and stone furnishings and decor. In 2018, the company began the process of consulting with an experienced local solar installer to incorporate clean energy. Future increases in utility costs were a concern: Could solar lock in affordable energy?

The company specializes in producing pieces that embrace natural materials’ irregular organic shapes. From the roots of felled mango and acacia trees, to reclaimed rosewood and teak, Phillips Collection obtains sustainable materials to transform into prized conversation pieces.

A healthy environment is integral to Phillips Collection’s business, and the company is focused on living out values that will contribute to the clean air and water that forests and tree plantations – and our communities – need. By going solar, Phillips Collection is investing cost-effectively in a renewable resource while addressing their own bottom line, and encourages other businesses to learn if solar presents a win-win opportunity for them.

Since the owner had last considered solar, the cost had decreased significantly, and Phillips Collection started learning how solar energy could be a good fit.

The Solution

The company was pleased to discover that their building had a suitable roof for solar and that it could provide financial and environmental returns.

In an uncertain energy landscape, the company would become more competitive by saving on monthly fixed costs, with almost no impact on running the business smoothly. Going solar also enabled the firm to use tax credits and other business tax strategies to accelerate the financial benefit of going solar – a federal tax credit would essentially pay for 30% of the project cost to the customer.

The Benefits of Going Solar for Phillips Collection

Phillips Collection is demonstrating environment consciousness through solar. The 29.2 kiloWatt planned solar project is estimated to produce over 63,000 kiloWatt hours of solar power in its first year, slashing the facility’s $5,000 average monthly energy cost to under $100. Just as the signature wood and stone furnishings from Phillips Collection are designed to stand out in a room and show style and taste, the company’s commitment to solar elevates their profile and demonstrates environmental responsibility.

About Renu Energy Solutions

Renu Energy Solutions is a leading full-service solar installer. Local to Charlotte, the company serves North Carolina, South Carolina, and Virginia, and has installed solar for thousands of energy customers since 2010. For more please visit:our offices at 801 Pressley Road, Suite 100, Charlotte, NC 28217 or find us online: www.renuenergysolutions.com