• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Brainstorm Green

Cox chairman: We’ll pay employees to try solar power

Claire Zillman
By
Claire Zillman
Claire Zillman
Editor, Leadership
Down Arrow Button Icon
Claire Zillman
By
Claire Zillman
Claire Zillman
Editor, Leadership
Down Arrow Button Icon
May 20, 2014, 2:40 PM ET
Photo by Stuart Isett/Fortune Brainstorm Green 2014

FORTUNE — No doubt, there’s consumer interest in solar power. At least that’s what solar systems provider SolarCity thinks.

The company’s communications director Jonathan Bass told the audience at Fortune’s Brainstorm Green conference on Monday that a recent survey showed that 62% of respondents want to install solar power in their own homes.

But wanting solar and actually taking the plunge and installing it are two different things: only 500,000 of the 110 million households in the U.S. are solar-equipped.

MORE: Levi Strauss CEO: Stop washing your jeans

On Tuesday, broadcasting, publishing, and cable company Cox Enterprises — in partnership with SolarCity (SCTY) — announced an initiative to add to that tally.

Cox Enterprises is launching a national employee solar program that will offer incentives to the company’s 50,000 employees who choose to install solar panel systems in their homes.

“We know that money talks,” Cox Chairman Jim Kennedy said on Tuesday. “So we decided to pay people to try solar.”

Employees who qualify will receive a $500 incentive from Cox. Employees who live in the 15 states and the District of Columbia where SolarCity operates will get an additional $500 discount.

Those amounts are small compared to the overall cost of solar panel installation, which can reach into the tens of thousands of dollars. But the idea behind household solar power is that it pays off in the long run. Kennedy said that he had recently visited an employee who was part of the company’s pilot program. The employee expected an eight-year pay out on the installation of his solar panels; his energy bills had fallen to $700 a year.

One hundred employees in southern California participated in Cox’s test program. Kennedy said that by this time next year he hopes that number will have reached 1,000.

About the Author
Claire Zillman
By Claire ZillmanEditor, Leadership
LinkedIn iconTwitter icon

Claire Zillman is a senior editor at Fortune, overseeing leadership stories. 

See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

EnergyOil
U.S. military tracks down a sanctioned oil tanker from the Caribbean to the Indian Ocean and ‘shut it down’
By Ben Finley and The Associated PressFebruary 15, 2026
1 hour ago
Middle EastIran
The U.S. and Iran will hold a new round of nuclear talks as Trump sends the world’s largest aircraft carrier to the Mideast
By The Associated PressFebruary 15, 2026
1 hour ago
AItech stocks
A stock market doom loop is hitting everything that touches AI
By Jeran Wittenstein, Ryan Vlastelica and BloombergFebruary 15, 2026
1 hour ago
EuropeEurope
EU foreign policy chief pushes back on U.S. claims that ‘woke, decadent Europe’ is heading toward ‘civilizational erasure’
By Emma Burrows, Geir Moulson and The Associated PressFebruary 15, 2026
2 hours ago
Personal FinanceTaxes
Thanks to Trump, tax refunds could $1,000 higher this season. Here are the new deductions taxpayers should know about
By Adriana Morga and The Associated PressFebruary 15, 2026
2 hours ago
Future of Workthe future of work
More professionals are taking mini-sabbaticals, adult gap years, and other extended career breaks. Here are the creative ways they manage the cost
By Colleen Newvine and The Associated PressFebruary 15, 2026
2 hours ago

Most Popular

placeholder alt text
AI
Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI
By Jake AngeloFebruary 13, 2026
2 days ago
placeholder alt text
Success
MacKenzie Scott says her college roommate loaned her $1,000 so she wouldn't have to drop out—and is now inspiring her to give away billions
By Sydney LakeFebruary 14, 2026
1 day ago
placeholder alt text
Big Tech
Analog-obsessed Gen Zers are buying $40 app blockers to limit their social media use and take a break from the ‘slot machine in your pocket’
By Marco Quiroz-GutierrezFebruary 13, 2026
2 days ago
placeholder alt text
Future of Work
Malcolm Gladwell tells young people if they want a STEM degree, 'don’t go to Harvard.' You may end up at the bottom of your class and drop out
By Sasha RogelbergFebruary 14, 2026
1 day ago
placeholder alt text
Economy
A U.S. 'debt spiral' could start soon as the interest rate on government borrowing is poised to exceed economic growth, budget watchdog says
By Jason MaFebruary 14, 2026
22 hours ago
placeholder alt text
Personal Finance
Current price of gold as of February 13, 2026
By Danny BakstFebruary 13, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.