Green Right Now Reports

Solar power must make financial sense. Why else would it be capturing the hearts of the world’s corporate masters of the bottom line?

Big Box retail stores are slapping up solar roofs faster than you can say ‘hand me that cheap outfit from Bangladesh’.

Solar roof Macys Jersey City, NJ

Solar roof on a Macy’s in Jersey City, NJ

Walmart is America’s leading user of commercial solar power with 89 megawatts of PV lighting up 215 locations.

Costco and Kohl’s are close behind, according to the Solar Means Business report, released by the Solar Energy Industries Association this week.

The top 25 solar user are, in order of capacity:

Walmart, Costco, Kohl’s, Apple, IKEA, Macy’s, Johnson&Johnson, McGraw Hill, Staples, Campbell’s Soup, U.S. Foods, Bed Bath & Beyond, Kaiser Permanente, Volkswagen, Walgreens, Target, Safeway, FedEx, Intel, L’OREAL, General Motors, Toys “R” Us, White Rose Roods, Toyota and Dow Jones & Company.

Collectively, they have installed 445 megawatts of total solar capacity, which is . .  . small drum roll . . .  about 48 percent more than just one year ago.solarcapacity chart for US companies, oct. 2013

IKEA, you may have heard, has also begun sharing the solar power, by selling PV modules to the public, but so far, only in Great Britain. In the U.S., IKEA has solar panels on top of 90 percent of its stores.

SEIA president and CEO Rhone Resch notes that the solar expansion boosted by these companies is creating American jobs and improving the environment.

“At the same time, they’re reducing operating expenses, which benefits both their customers and shareholders.”

No need worrying about which came first, the shareholders or the environment. The sun shines on both.