{"id":105815,"date":"2024-05-15T08:10:58","date_gmt":"2024-05-15T12:10:58","guid":{"rendered":"https:\/\/\/?p=105815"},"modified":"2024-05-15T15:28:44","modified_gmt":"2024-05-15T19:28:44","slug":"save-a-dime-lose-a-dollar-why-not-investing-in-technology-costs-more-in-the-end","status":"publish","type":"post","link":"https:\/\/\/2024\/05\/save-a-dime-lose-a-dollar-why-not-investing-in-technology-costs-more-in-the-end\/","title":{"rendered":"Save A Dime, Lose A Dollar: Why Not Investing In Technology Costs More In The End"},"content":{"rendered":"

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Key takeaway:<\/strong> New technology in solar, like drones, will pay for itself from your insurance savings and other cost reductions nearly immediately. Once adopted, there are other financial benefits as well, such as increased surveying capacity and eliminating both revisions and install-day adjustments. Even if your current process works today, it may not tomorrow; you need to do something different in order to build a sustainable, resilient business.<\/p>\n


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It\u2019s easy to say new technology is a flashy luxury you can\u2019t afford; saying that gives you permission to stay with your old, trusted, generally useful ways.<\/p>\n

But it\u2019s costing you in the end.<\/p>\n

It\u2019s true that new technology, like drones and mobile apps, has an upfront cost. However, it\u2019s equally true that you\u2019ll not only save money but increase capacity and<\/em> streamline your workflow.<\/p>\n

Here\u2019s how that all works.<\/p>\n

How Investing In Technology Instantly Saves You Money<\/h4>\n

Setting up a drone program costs about $2,500 per person for technology and training; it might also include a small salary bump.<\/p>\n

If you\u2019re wondering, here are the major costs associated with setting up a drone program<\/a>:<\/p>\n

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FAA Part 107 License<\/strong>: This government requirement costs about $175 and requires 10-15 hours of studying<\/p>\n