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Solutions for Aging School Solar Systems
5.18.2021 @ 10:00 AM
Over the past several years, schools have been leading the charge in adopting solar energy systems to reduce costs and increase sustainability. However, as these projects age, schools may be faced with challenges. Given the terms of early solar PPAs (with escalating payment rates) and the shifts in retail electricity rates (namely the shift of peak time-of-use pricing from mid-day to evening), many schools may be spending more on their solar than what they are seeing in electricity bill savings. In addition, many of these systems have been neglected by their asset owners, and are operating at a fraction of their full operating capacity. As these systems continue to age, capital investments are going to be needed to replace aging inverters and position these systems for strong performance over their remaining useful life. In this virtual event, David Burdick & Phil Villagomez of TerraVerde Energy will be discussing the nature of these challenges, as well solutions that schools can explore, including case studies of PPA Buyout and Solar Refinancing strategies.
Leveraging Available Incentives to Increase School Energy Resiliency
5.27.2021 @ 10:00 AM
Schools need cheaper, more reliable electricity. With the increased frequency of power shutoff events and other power outages, schools need backup power resources. And with energy rates continue to climb and shift, schools need resources that can help them control their energy costs and save money. When paired with solar, batteries can provide both backup power and cost savings benefits to schools. In this virtual event, David Burdick & Phil Villagomez of TerraVerde Energy will be sharing from their team’s experience supporting schools (such as Visalia Unified School District, Palmdale School District, and Petaluma City Schools) with battery energy storage projects. We will discuss how changes in energy reliability and rates are impacting schools, the latest on funding & incentives for these projects (specifically the fast moving SGIP incentive program), methods for assessing the Economic Value of Resilience, and how schools can take action in lowering energy costs and increasing energy resiliency.