They also guide customers about the appropriate energy tariffs, helping clients maximize savings. Eco
Power combines its systems to ensure that the excess energy generated is not lost by incorporating
battery storage systems in the EV charging and Solar PV systems to reduce grid reliance. To ensure
efficiency and flexibility, Eco-Power partners with other renewable energy suppliers to increase the
supply of green energy. Finally, they enhance customer affordability by encouraging and helping
customers to apply for government grants and incentives that support clients financially, hence
decreasing the installation costs.
Slide 7
Eco Power's hard work and commitment have not been in vain and have led to tremendous
environmental impacts. The production of green energy helps in lowering greenhouse gas emissions as
well as reducing dependence on fossil fuels since green and renewable energy is produced from sunlight.
It involves converting renewable sources into energy. Hence, it leads to energy security, energy access,
mitigation of climate change, and improvement of environmental health. These impacts include
improvement of human health through a reduction of contamination of air, water, and soil caused by
fossil fuels. The impacts are constant and effective since Eco Power Solutions' solar panels work even
during challenging weather conditions, ensuring a sustainable and green future.
Slide 8
Apart from fostering eco-friendly practices within the community and reducing the over-reliance on
fossil fuels, the company has been increasing job creation within the renewable energy sector as the
demand for eco-power services grows. The practices of the community lead to the protection of the
environment and natural resources, locally, globally, and regionally.
Slide 9
To promote sustainability, the government instills subsidies, taxes, and penalties to promote efficiency
and environmental stewardship. As a result of the government grants, Eco Power Solutions product's
demand has been on the rise. This case is because the initiatives by the company supported by
government grants and tariffs have substantial economic benefits. The initiative saves on electricity bills
since, apart from the installation costs, clients do not incur any other costs since energy is freely
generated by sunlight. This action aids in increasing savings as well as disposable income. This money is
then used to improve other areas of the economy, such as investment and starting businesses. In the
long run, it leads to overall economic growth. The diagram shows how much electricity is created and
saved in an hour, a day, a week, a month, and a year through solar panels.
Slide 10
However, a successful plan comes with challenges that have to be cracked for efficiency. Although stiff
competition has been a major problem in the market despite the firms being after sustainability,
financial constraints accompanied by the high equipment cost and the intermittent nature of renewable
energy sources have been the main challenges pushing Eco Power to the corner. The graph shows the
main problems facing renewable energy small businesses in different parts of the world.
Slide 11
