Commercial & Vendor
Steve & Karen Koenig
Koenig Concrete, Corp.
“We want to do the right thing,” said Steve Koenig, Founder - Koenig Concrete, Corp. “The right thing is investing in solar energy now,” he continued.
“It was an easy decision,” added Karen Koenig, President - Koenig Concrete, Corp., “besides the financial incentives, solar makes ecological sense.”
In August, Full Spectrum Solar out of Madison will be installing a 1,150 sq. ft. roof mounted 23 kW photovoltaic system on Koenig’s building located in Jefferson. The system will provide approximately 81% of Koenig’s electricity, cutting their electric bill by $3,480 or more.
“With electric bills increasing on average of 3% per year, solar makes sense,” said Mark Warnick, Project Engineer - Full Spectrum Solar, “think of it as hedging against rising utility rates…as rates rise, your savings grow.”
In addition, “the cost to install a solar unit today is less than half of what it was six to seven years ago,” he added. “When you purchase a solar system, you are in control of your electricity costs…technically, you’re buying your own power plant,” Mark concluded.
Total cost of Koenig’s solar system installed is $59,000. Breaking from traditional financing, Karen chose a leasing program. “Leasing made sense for a number of reasons,” Karen said.
“We chose a lease to own plan, which we obtained through our local, community bank. Unlike a traditional loan which required a down payment, a lease didn’t,” she said. “In addition, we received an answer from the bank within days without filling out much paperwork. And, with a lease, we could roll in soft charges such as installation and the structural engineering survey into the lease. Our lease payments are fixed for 36 months – the time it will take to pay off the entire system.”
By installing a solar power system on their commercial building, Koenig’s are doing the right thing.
Koenig Concrete, Corp. is a certified Woman-Owned Business Enterprise (WBE). Koenig Concrete, started in 1990 by two guys and a bobcat, has grown to 20+ employees. They specialize in commercial and residential poured walls and flatwork, as well as decorative concrete options.
Steve & Karen Koenig
Koenig Concrete, Corp., 1401 S Industrial Drive Jefferson • koenigconcrete.net
Contributor: Full Spectrum Solar, 1240 E. Washington Avenue, Madison • fullspectrumsolar.com
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