"There are so many amazing rebate and incentive programs out there today, but every program is different — there’s no uniform standard… The process can be complex and time-consuming." We talked to Kyle Brack, CEO of TradeKnight, Lauren Salz, CEO of Sealed, and Samir Pendse, CEO of Coral about: -- The complexity of rebate and incentive programs -- How technology can help contractors navigate them -- The Inflation Reduction Act -- and more Full conversation: https://lnkd.in/eYxqgNH6
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Electricity Authority Te Mana Hiko thankfully you implemented RTP with demand response despatch built in. Now we just need to pay for it, my preference is not to go down the AEMC path but instead just treat DR just like generation and pay on the final price what was ultimately dispatch be it generation, BESS or DR. Unfortunately you continue to fight against DR be treated like generation with some arm waving and economic comments like “Double Dipping” and that generators need the payment to pay for fuel but DR does not as it’s not consuming anything (how do you know what the cost to provide DR it could be alternative fuels for boilers or on-site generators, it definitely is the cost of capital of BESS or thermal storage is installed, or finally it could be the extra energy required to increase production to catch up with DR downtime). The other reasoning is that DR participants can receive additional compensation by holding CFD hedges. But this aspect is outside of the physical market and therefore does not directly drive spot market prices. EA you need to do better and actually produce a consultation paper investigation why not to pay DR for despatch so as that the market can have the economists challenge the premise.
Exciting day as we publish the draft determination for integrating price-responsive resources rule change. The result of months of work and stakeholder engagement. Thanks to the team (Sam Markham, Harrison Gibbs, Lily Mitchell, Ben Bronneberg, Craig Oakeshott, Jacqueline Price and Ben Davis), consultants and stakeholders that have inputted throughout the process. Looking forward to discussing it and receiving submissions (12 September). https://lnkd.in/gfEy3eTG
Integrating price-responsive resources into the NEM
aemc.gov.au
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New Post: Solar Panel for Business: Should Your Business Consider Solar Energy? - https://lnkd.in/g_Ymcugw - In the United States, there has been a significant and growing trend of businesses adopting solar panels for their energy needs. This trend towards the use of commercial solar panels can be attributed to several factors: Environmental Responsibility: Many businesses are increasingly focused on reducing their carbon footprint and adopting sustainable practices, which include generating clean energy from renewable sources like solar panels. Cost Savings: The cost of solar panel installation has been steadily decreasing, making it a more attractive option for businesses looking to cut energy expenses in the long term. Energy Independence: Solar panels provide businesses with a degree of energy independence, reducing their reliance on traditional energy sources and mitigating the impact of energy price fluctuations. Positive Brand Image: Going green and utilizing solar power can enhance a business’s image and appeal to environmentally conscious consumers. Why Businesses are Turning to Solar Power Businesses can benefit in various ways from using solar panels. Solar panels can significantly reduce a business’s electricity bills. By generating their own clean energy, businesses can offset or eliminate a substantial portion of their power expenses. Solar panel systems typically have a long lifespan and require minimal maintenance, providing consistent energy savings over the years. The U.S. government and some states offer tax incentives, such as the Federal Investment Tax Credit (ITC) and various state-level incentives, to encourage businesses to invest in solar energy. These incentives can significantly reduce the upfront costs of installation. Using solar panels helps reduce greenhouse gas emissions and air pollution, contributing to a healthier environment and demonstrating corporate social responsibility. Solar electric systems provide a reliable source of electricity, reducing the risk of power outages and ensuring business operations continue smoothly. The Financial Benefits of Solar Panels for Businesses The savings in energy costs and tax incentives can vary depending on the size of the solar installation, location, and other factors. However, here are some general points: Energy Cost Savings: On average, businesses can expect to save 20-70% on their electricity bills by using solar panels. The actual savings using solar electricity depend on factors like the size of the system, local energy rates, and energy consumption patterns. Tax Incentives: The Federal Investment Tax Credit (ITC) allows businesses to deduct a significant percentage of their solar installation costs from their federal taxes as solar renewable energy credits. The deduction can be 25% of the installation costs and higher. There are also state-level incentives with some offering additional rebates or tax credits. It’s essential to consu
Solar Panel for Business: Should Your Business Consider Solar Energy?
shipwr3ck.com
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Book your free business energy survey today - a complimentary analysis of your company’s lighting systems. Identifying potential carbon, as well as financial, savings of upgrading to new technology. [email protected]
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In today's #EMCTopBlog countdown we take a look at “Utility Incentives—A 20 Year Look Back (And A Peek Ahead)”. #incentives #top7blog Read more: https://lnkd.in/g_cFbRyY.
Utility Incentives—A 20 Year Look Back (And A Peek Ahead)
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Business Consultant & Strategist | Transforming Ambition into Achievement | Leveraging Golf Skills for Business Success
𝘿𝙚𝙩𝙖𝙞𝙡𝙚𝙙 𝙄𝙣𝙨𝙞𝙜𝙝𝙩𝙨 𝙞𝙣𝙩𝙤 𝙎𝙋𝙋'𝙨 𝙈𝙖𝙧𝙠𝙚𝙩𝙨+ 𝙋𝙧𝙤𝙥𝙤𝙨𝙖𝙡 𝙖𝙣𝙙 𝙎𝙩𝙖𝙠𝙚𝙝𝙤𝙡𝙙𝙚𝙧 𝙍𝙚𝙖𝙘𝙩𝙞𝙤𝙣𝙨 The Southwest Power Pool (SPP) has put forward the Markets+ proposal, aiming to enhance the Western U.S. energy market by 2027 with features like day-ahead and real-time markets, carbon pricing, and optimized dispatch. This initiative has garnered both support and criticism from various stakeholders. 𝑺𝒖𝒑𝒑𝒐𝒓𝒕𝒊𝒗𝒆 𝑽𝒊𝒆𝒘𝒔: Utilities such as Arizona Public Service commend the proposal for its potential to bring cost savings and enhance reliability. They particularly appreciate the proposal’s market-like features and independent governance structure. 𝐂𝐫𝐢𝐭𝐢𝐜𝐢𝐬𝐦 𝐚𝐧𝐝 𝐂𝐨𝐧𝐜𝐞𝐫𝐧𝐬: On the other hand, environmental and consumer advocacy groups like Earthjustice and the Sierra Club criticized the proposal for being developed hastily and lacking transparency, particularly in governance and greenhouse gas (GHG) tracking. These groups are concerned that the proposal does not adequately address the complexities of environmental accountability. 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐚𝐧𝐝 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐀𝐝𝐯𝐨𝐜𝐚𝐜𝐲: The Colorado Office of the Utility Consumer Advocate stresses the importance of shielding ratepayers from increased costs and advocates for enhanced participation of ratepayer representatives in the proposal’s governance structure. 𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐚𝐧𝐝 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬: A key technical challenge highlighted involves managing the "seams" between Markets+ and other markets, such as California's ISO. This requires meticulous coordination to maintain efficiency and reliability across market boundaries. 𝐂𝐚𝐥𝐥𝐬 𝐟𝐨𝐫 𝐆𝐫𝐞𝐚𝐭𝐞𝐫 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲: Critics are pushing for stronger transparency and accountability measures within the Markets+ governance to ensure fair representation and safeguard consumer interests. 𝐅𝐄𝐑𝐂’𝐬 𝐑𝐨𝐥𝐞: As the Federal Energy Regulatory Commission (FERC) reviews the proposal, it will need to consider the varied stakeholder concerns and recommendations carefully. The focus will be on enhancing transparency, protecting consumer interests, and ensuring that market integration is managed effectively to guarantee the proposal's success. https://lnkd.in/ggMKdDsd
SPP Markets+ Western market plan sparks support, protest and concerns
utilitydive.com
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Maximize your financial returns and enhance your energy strategy with ComEd's rebate opportunities! Explore our blog to learn how your business can benefit from these rebates for energy efficiency projects. Don't miss out on this chance to save! https://loom.ly/wa5hg7o #RebateManagement #EnergySavings
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Co-Founder at Perceptive Power Infrastructure | Proven Executive & Bus Dev Leader | Industry Expert in Renewable Energy, Energy Storage, and Distributed Generation
With our unique financial model, we're not just guessing – we're calculating, with precision, how to optimize your energy mix for cost savings. We designed this to empower our REC partners with complete transparency. 👉 https://lnkd.in/gyUQa_Es #DistributedEnergy #ThePerceptiveWay #PoweringTomorrow
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Why use energy monitoring software? It offers a variety of benefits, including real-time alerts about equipment performance, simplified online utility bill payment, aiding ESG reporting on lowering carbon emissions, and much more. https://hubs.li/Q02zF-ch0
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This new blog from Budderfly examines the different types of metering and how new innovations can help your business save on operating costs. Read it here:
Understanding Metering, Submetering, and Smart Metering for Energy Efficiency
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There are lots of metrics to measure the value of a business such as revenue, culture, growth, head count, funding and so on. But in addition to all of this, a true measure would be the real time impact of a business on its surroundings, the people and the world. These testimonials show how Arcadia is changing the world for the better and says the story of many such instances from its customers standpoint. A very good read for climate enthusiasts and clean energy advocates. https://lnkd.in/g2eijqWA
Customer stories | Arcadia
arcadia.com
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