Philadephia-based distributor boosts its sustainable business model with solar
Philadelphia, PA, February 10, 2020 - For over 70 years, Almo Corporation, the largest U.S. independent distributor of professional AV equipment, appliances, consumer electronics, and home goods, has been making a difference in the Philadelphia community with their various outreach efforts, and now they are contributing to the community in a new way. Their 430,000 sq. ft. warehousing space is running on clean, sustainable energy produced by the sun, greatly reducing the company’s carbon footprint and its electricity costs for the next 30 years.
Installed by Lancaster County-based solar installer, Paradise Energy Solutions, the 3,200 solar panels will generate enough electricity in just one year to offset 100,000 gallons of gasoline, 900,000 pounds of coal, or 2,100 barrels of oil. These annual savings will continue for the 30 year lifespan of the system. “Almo Corporation is committed to responsible environmental stewardship and sustainable business practices,” says Ed Gibbons, Almo’s Executive Vice President. “Solar will greatly reduce our dependence on grid-generated, non-renewable electricity for many years to come.”
But just like every business investment, the numbers had to add up for it to work. “We have been pleasantly surprised to find that by offsetting the need to purchase electricity from the utility company, these solar panels will have contributed enough savings to pay for themselves in less than five years, leaving an estimated 25 years of free electricity for our business”, shares Gibbons.
The sizable reduction in their electric costs is helping Almo become a more efficient company and making a big contribution towards their mission of being responsible corporate citizens.
To hear more about Almo’s decision to invest in solar energy, watch this video of Ed Gibbons, Executive Vice President, and Warren Chaiken, CEO, talking about their solar investment. To learn more about Almo’s sustainability efforts, please go to www.almo.com/sustainability.
About Almo Corporation - For more than seven decades, Almo Corporation has served as the largest independent distributor of appliances, consumer electronics, professional audio video equipment, furniture and housewares in the United States. Meeting the needs of retailers across the country, Almo operates nine regional distribution facilities with over 2.5 million square feet of warehousing. Visit Almo.com for more information.
About Paradise Energy Solutions - Paradise Energy Solutions is a family-owned, full-service solar installation company with over 1,300 solar installations throughout the mid-Atlantic region for businesses, farmers and homeowners. Their vision is to help people be good stewards of God’s abundant resources. Visit ParadiseEnergy.com for more information.