SOLAR & BATTERY ENERGY PROJECT SERVICES

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THE FINANCIAL BENEFITS OF SOLAR & BATTERY ENERGY STORAGE

Solar PV Systems

  • generate clean, low-cost electricity
  • generate energy cost savings by reducing electric utility bills
  • generate revenue via monetizing Renewable Energy Certificates

Battery Energy Storage Systems

  • powerful resources for generating financial benefits
  • generate cost savings by reducing peak demand and shifting load to less expensive hours
  • generate revenue via participating in grid services programs

BACKUP POWER SUPPORT

When combined with the proper controls, switching, and load management technologies, solar PV & battery energy storage systems can also provide backup power support for critical loads during power outages such as wildfire related Public Safety Power Shutoff events, heat-wave related rolling blackouts, and unplanned outages.

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SUBSTANTIAL INCENTIVES ARE AVAILABLE

Federal Investment Tax Credit (ITC)

  • Stand-alone solar projects and solar + battery projects qualify for this incentive
  • Currently provides a tax credit of 26% of the project costs
  • Third-party project owners can claim this benefit and share this value with site hosts through reduced agreement payments
  • This incentive will soon begin stepping down in value annually at the end of 2022

California’s Self-Generation Incentive Program (SGIP)

  • Provides a rebate for battery energy storage projects
  • Rebate amounts cover between ~30-100% of the cost of the project
  • Given the rich incentive levels, and substantial battery project demand, funding for this incentive program is expected to be fully subscribed in 2021

TerraVerde Energy’s Solar & Battery Project Services

TerraVerde Energy leverages objective expertise to support clients in designing and developing energy savings & resiliency projects. In addition, TerraVerde Energy provides on-going asset management services to ensure that projects deliver on pre-deployment expectations.

Feasibility Assessment

Energy Usage Evaluation
System Sizing & Modeling
Backup Power Assessment
Funding & Incentives Evaluation
Financial Projections

Project Development

Develop RFP Package
Administer Solicitation
Evaluate Responses
Provide Selection Guidance
Negotiate Contracts

Project Implementation

Oversee Vendor Including:
Design Completion
Permitting & Incentives
Construction Management
System Commissioning

Asset Management

Performance Optimization
Active System Monitoring
Operations & Maintenance
Revenue Management
Financial Analysis & Reporting