Ep 1: Enhanced Sustainability with Community Solar

by | Sep 30, 2024

Dakota Malone introduces the Sustainability Strategies podcast, highlighting over $20 million in future electricity savings achieved by the company. He emphasizes that many businesses fail due to unsustainable foundations and rising operating costs like electricity, which can erode profits and long-term viability. The episode advocates for proactive energy cost reduction strategies, noting that even well-prepared organizations often lack the resources to implement these projects without significant effort.

Introduction & Purpose of the Podcast

(0:01 – 0:17)
Dakota Malone, from Community Solar Authority, introduces the Sustainability Strategies podcast. He explains that the podcast is designed to communicate their business mission in a clear and accessible way. To date, the company has helped unlock over $20 million in future electricity savings for clients.


Why Most Businesses Fail

(0:17 – 0:27)
Dakota points out that most businesses fail within five years. He believes a major reason is that many are built on unstable and unsustainable foundations, making them vulnerable in the long term.


Community Solar Authority’s Longevity and Mission

(0:27 – 0:45)
As Community Solar Authority enters its seventh year in operation, Dakota shares two key insights. First, the work they do is both meaningful and impactful. Second, the company was intentionally built to be sustainable for the long haul, with a foundation strong enough to endure.


Rising Electricity Costs as a Major Threat

(0:46 – 1:07)
The company’s vision is to help large electricity consumers build stronger, more sustainable business models. One of the biggest threats to these businesses is the rising cost of electricity. For organizations where electricity is a major overhead expense, even slight cost increases can significantly threaten their viability.


Profitability and Inflation on Operating Costs

(1:07 – 1:47)
Dakota explains that when revenue remains flat but operating costs rise—especially electricity—it undermines profitability and long-term planning. He argues that not all businesses can simply generate more revenue, so it’s wise to address these threats early. He shares a powerful quote from the Department of Energy: every dollar saved on electricity equates to earning $18 in profit. This underscores how energy efficiency can directly impact the bottom line.


SWOT Analysis and Existing Efforts

(1:47 – 2:22)
Using the SWOT (Strengths, Weaknesses, Opportunities, Threats) framework, Dakota identifies that one of the greatest threats is simply staying in business. Many clients have already taken steps to lower electricity costs, such as completing lighting audits, participating in utility efficiency programs, and locking in energy rates. However, for large users of electricity, the more strategies they implement, the better their chance of long-term sustainability.


Barriers to Execution

(2:23 – 2:30)
Despite their efforts, many clients face a significant hurdle: the lack of time, energy, and resources to implement large-scale sustainability projects. These initiatives often require substantial effort and planning, making them difficult to execute without dedicated support.

To listen to the full episode… go to Spotify to listen.

Q: What is the core mission of Community Solar Authority?

A: Community Solar Authority exists to make renewable-energy savings accessible to everyone, helping businesses, municipalities, and property owners lower costs, reduce emissions, and support local clean-energy development with zero capital investment.

Read the transcript

(0:01 – 0:17)
Hey guys, this is Dakota Malone from Community Solar Authority. You are listening to the Sustainability Strategies podcast. We’ve unlocked access to $20 million plus in future electricity savings, and we made this podcast to talk about our business in an easy to digest way.

(0:17 – 0:27)
Here’s the thing. Most businesses fail by year five. One of the leading factors, in my opinion, is that they are built on unstable, unsustainable foundations.

(0:27 – 0:45)
So, as Community Solar Authority transitions into its seventh year helping large organizations lower electricity costs, I know two things. One, the work we’re doing is meaningful and it’s making an impact. Two, we built our company in a way where it can be sustainable long-term.

(0:46 – 1:07)
Our vision is to help large consumers of electricity enhance their sustainable foundations by tackling one of the largest threats to their business, rising electricity costs or operating expenses. The problem is, especially when electricity is your main overhead, any sort of inflation on your operating costs could wipe your business off the map. Think about it.

(1:07 – 1:47)
If you’re producing the same amount of revenue, but your profits are being eaten by the cost of doing business, so for example, inflation on electricity, then you are not building your business that’s going to be designed for the long haul. Not every business can magically generate new revenue and grow, and even if you can, is it not wise to find simple ways to solve emerging threats in your business? I actually heard a quote the other day that for every dollar saved is the equivalent of earning $18 in profit. Excuse me, for every dollar saved on electricity costs, it is the equivalent of profiting by $18, and that was a quote by the Department of Energy.

(1:47 – 2:22)
Now, SWOT analysis, which are strengths, weaknesses, opportunities, and threats, this would reveal that one of the biggest threats to operating and growing a business is simply the ability to stay in business. Most clients we work with on lowering electricity costs have already checked a couple of boxes as far as trying to lower costs at a facility level, meaning they’ve done the LED and lighting audits, they’ve done the utility efficiency programs, maybe they’ve even chosen an energy supplier and locked the rates in. When it comes to large users of electricity, the more boxes they can check, the better.

(2:23 – 2:30)
Yet, our clients lack the time, energy, and resources to execute these types of projects without massive undertaking.

 

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