All In Credit Union Goes Green with Solar
January 19, 2022
DALEVILLE, Ala. (January 10, 2022) — All In Credit Union’s initiative to install solar panels at strategic branch locations has produced a substantial cost savings to the organization while also creating processes that are more environmentally friendly.
Bobby Michael, President/CEO stated, “Installing solar panels has been a priority for the credit union and a trend we hope to see others follow. At All In, we are committed to maximizing energy efficiency while cutting future costs. This combination is both good for the bottom line and the environment.”
All In Credit Union has been a consistent leader in driving innovation and serving as a catalyst for change. After surveys to determine which branches would be able to effectively process energy from solar panels, installation was completed at five locations. The anticipated savings of these five locations is over $1.2 million in utility costs. The energy conserved is enough to provide electricity to 36 homes per year in the communities where these branches are located.
Michael continued, “In reviewing the savings as a result of using solar, we have found an average savings of 28% on power costs for these five locations since installation. With a 30-year life expectancy for these panels, we anticipate a continued positive return on investment for the next three decades. Along with being eco-friendly, the savings from solar will extend our resources so that we can do more for the communities and members we serve.”
About All In Credit Union:
All In Credit Union is a full-service financial institution with $2.1 billion in assets. They provide personalized financial solutions to more than 144,000 members in Alabama and Florida. The organization and its employees are committed to enriching the lives of others by helping them reach their goals and achieve financial success. For more information, visit www.allincu.com.