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Learn How Geli Can Improve the ROI of Solar PV
Source: Growing Energy Labs, Inc.
Minimal energy storage is required to achieve maximum demand charge savings. Learn how Geli can improve any solar investment with the addition of energy storage.
Geli worked with Woodlawn Associates, a leading energy project finance consulting firm, to determine the economic benefits of solar-plus-storage systems in a number of different markets.
High level findings include:
- The NPV of a solar-plus-storage project is greater than that of a standalone storage or solar PV system
- Pairing solar with storage allows owners to claim the Investment Tax Credit on the whole system, but it some cases system economics improve by forgoing certain incentive program constraints
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