Energy Storage Net Metering – An Illustration of Why it’s so Valuable
Energy Storage Net Energy Metering (aka NEM Paired Storage) allows a customer with a behind-the-meter solar + storage system to discharge their battery, exporting stored energy back to the grid and receive a Net Energy Metering credit, if the battery can verifiably charge 100% from solar. In certain cases, NEM …
California Utilities now Accepting Applications for Net Energy Metering (NEM) – Paired Storage
We published a policy update in February of 2019 entitled “CPUC Approves Energy Storage Net Metering” that summarized the CPUC’s decision to allow customers with (ESS) energy storage systems to receive credits for storage exports that are sent back to the grid, as long as the storage system charges entirely …
A Guide to SGIP’s new Equity & Resiliency budget Incentives for Energy Storage projects
The California Public Utilities Commission (CPUC) recently finalized a decision , which set new rules for the SGIP Equity and Equity Resiliency budget. These two set-aside programs within the Self-Generation Incentive Program (SGIP) provide lucrative incentives for energy storage projects for low-income customers (Equity Budget) and for projects that provide …
Tesla Commercial Energy Storage Integration – Resource Guide
Energy Toolbase has integrated Tesla’s Commercial Energy Storage Systems (ESS) onto the Energy Toolbase (ETB) Platform. This integration enables users to run Tesla commercial storage dispatch simulations and savings analysis that are representative of how the Tesla Powerwall, Powerpack and Megapack systems are controlled by Tesla Opticaster software.
6 Thoughts on the Current State of Residential Energy Storage Market in California
We hosted a webinar recently entitled “Modeling the Economics Residential Energy Storage Projects in California” where we shared all of our latest insights on the market. We’re constantly learning and adjusting our thinking as the market evolves. We’re fortunate to have a front-row seat, working closely with many of the …
We Updated our SGIP Incentives
We made a small update to the logic we use to calculate (SGIP) Self Generation Incentive Program energy storage incentives that we want to make users aware of. The SGIP Program Handbook states that the energy capacity of a storage system, which the SGIP incentive is paid based on, is …
A Historic Moment for Residential Energy Storage Economics: California’s new Time-of-Use Rates
A historic thing happened earlier this month for residential energy storage economics. For the first time ever, the project economics of a solar + storage project operated in time-of-use (TOU) arbitrage mode, beat the economics of a standalone solar PV project. This noteworthy occurrence happened in the Southern California Edison …
Energy Toolbase Chooses AMS to Implement AI-Driven Energy Storage Platform
Energy Toolbase adds AMS to its offering, providing a unique solution for developers to design and deploy distributed energy resources with Energy Toolbase’s software-as-a-service for design, and AMS’s AI platform for operations. This effort enables distributed energy developers to run energy storage simulations and financial analyses on Energy Toolbase, based on the use of AMS’s energy market software
Evaluating the best residential time-of-use rate schedules in California for energy storage
Homeowners are installing energy storage systems (ESS) in their homes for different reasons. The residential energy storage market is continuing to ramp up on a hockey-stick shaped growth trajectory. According to Wood Mackenzie’s Q3 2018 U.S. Energy Storage Monitor report, the residential segment added 57.5 MWh of storage capacity nationwide last quarter, which is more than the 39.8 MWh installed all last year. The report also shows that California continues to be the leading state for storage deployments in the residential sector.
Residential Solar Companies: Now’s the Time to get in the (Energy Storage) Game
After a lot of hype and false starts in the residential energy storage market, things are starting to get real. Recent data definitively shows that storage installation volumes are ramping up in the residential segment. According to GTM Research’s latest U.S. Energy Storage Monitor report, residential storage grew 248 percent in 2017 compared to 2016, measured in total megawatts installed. In terms of the number of residential grid-tied storage systems deployed, GTM Research counted 914 in all of 2016, which compares to 2017’s deployments of: 255 systems in Q1, 486 in Q2, 810 in Q3, and 1,516 in Q4.