Utility-Scale Solar PPA Price Trends - Berkeley Lab Report Analysis Part 3 Power Purchase Agreement (PPA) prices and Levelized Cost of Energy (LCOE) serve as critical indicators of utility-scale solar’s market progression. Drawing from Berkeley Lab’s “Utility-Scale Solar, 2024 Edition” report, HeatSpring instructor Tim Taylor explores the relationship between these metrics, examining… Continue reading “Utility-Scale Solar PPA Price Trends - Berkeley Lab Report Analysis Part 3”
C&I Solar Economics: Ask Matt Anything about Commercial Electric Tariffs We need more solar salespeople who truly understand the economics of C&I solar projects. So starting today – for a limited time – “Commercial Electric Tariffs: Impacts on Solar” is free for HeatSpring Members. Matt McNearney teaches the course. Over… Continue reading “C&I Solar Economics: Ask Matt Anything about Commercial Electric Tariffs”
What Are Demand Charges for Commercial Customers? It’s often a natural career progression within solar sales to begin in residential solar and then progress to working with more commercial customers. The reason being is the sales cycle for commercial clients tends to be much more complex than… Continue reading “What Are Demand Charges for Commercial Customers?”
New Free Course Announcement: Domestic Content Bonus Adder The Inflation Reduction Act (IRA) has opened up tremendous new incentives for solar projects – including a potentially lucrative 10% tax credit adder for using domestically-made components and products, known as the Domestic Content Bonus Adder. Although, actually qualifying for… Continue reading “New Free Course Announcement: Domestic Content Bonus Adder”
New Free Course Announcement: Inflation Reduction Act Solar Provisions: Direct Pay Elective Pay (more commonly known as Direct Pay) creates a pathway for nonprofit organizations to utilize tax credits. It was included as a provision in the Inflation Reduction Act passed in August 2022. Prior to Direct Pay, it was difficult… Continue reading “New Free Course Announcement: Inflation Reduction Act Solar Provisions: Direct Pay”
New Course Announcement: Commercial Electric Tariffs: Impacts on Solar Incorporating commercial solar sales into your business can be an advantageous income stream for residential solar businesses looking to diversify their revenue sources. There are many opportunities in this sector as companies, non-profits, and local municipalities look to reduce their… Continue reading “New Course Announcement: Commercial Electric Tariffs: Impacts on Solar”
Solar Profitability Calculator Now Included with HeatSpring Membership Starting today, for a limited time, Keith Cronin’s “Solar Profitability Calculator” is free for HeatSpring Members. Predicting profitability is the difference between a growing company or a shrinking one. The solar industry is struggling with low margin projects. Every dollar… Continue reading “Solar Profitability Calculator Now Included with HeatSpring Membership”
Understanding Active and Passive Income Offset While Investing in Solar Projects When investing in solar projects, one of the biggest concepts to understand is whether you are looking to offset passive or active income. Join Chris Lord, HeatSpring instructor and Managing Director at CapIron, Inc., and Nick Giannotti, Managing Member at… Continue reading “Understanding Active and Passive Income Offset While Investing in Solar Projects”
Tax Benefits and Investing in Solar Projects With so many commercial and industrial solar projects slated to come online in the next ten years, investing in solar projects is becoming a more popular and lucrative business venture. In this blog post, we are joined by Nick Giannotti,… Continue reading “Tax Benefits and Investing in Solar Projects”
How Tax Credit Financing is Done Jeffrey Lesk shares the basics of how tax credit financing is done to set the stage for the coming changes with the Inflation Reduction Act. Jeffrey joined HeatSpring’s Getting Solar for Nonprofits, Governments, and Other Non-Taxpayers to share the knowledge… Continue reading “How Tax Credit Financing is Done”
Direct Pay and the Right to Transfer Tax Credits in the Inflation Reduction Act HeatSpring hosts a free course titled Getting Solar for Nonprofits, Government, and Non-Taxpayers. In the recorded live session, HeatSpring instructor Chris Lord asks Jeffrey Lesk of New Partners Community Solar to explain the new direct pay option and the right… Continue reading “Direct Pay and the Right to Transfer Tax Credits in the Inflation Reduction Act”
Ways for Nonprofits & Non-Taxpayers to Benefit from the Inflation Reduction Act HeatSpring hosts a free course titled Getting Solar for Nonprofits, Government, and Non-Taxpayers, organized and moderated by Chris Lord. In the recorded live session, Corey Ramsden of Solar United Neighbors, explains some of the new benefits for non-taxpaying entities as… Continue reading “Ways for Nonprofits & Non-Taxpayers to Benefit from the Inflation Reduction Act”
1 Free NABCEP CEU – Getting Solar for Non-Profits, Government, and Other Non-Taxpayers Join HeatSpring Solar MBA and Financial Modeling for Solar PV Projects instructor, Chris Lord, for an information packed, free course on getting solar for non-profits, government, and other non-taxpayers. Historically, federal clean energy incentives favored tax payers. Now with the… Continue reading “1 Free NABCEP CEU – Getting Solar for Non-Profits, Government, and Other Non-Taxpayers”
New Free Course: Inflation Reduction Act: Energy Storage and Solar Tax Credits The Inflation Reduction Act (IRA) of 2022 was signed into law on August 16th, 2022, providing a historic $369 billion of clean energy and climate investments over the next 10 years. The expert team at Energy Toolbase has been diving… Continue reading “New Free Course: Inflation Reduction Act: Energy Storage and Solar Tax Credits”
145 Gigawatts of Pure Opportunity Thanks to the Inflation Reduction Act of 2022, we’re going to triple the solar industry by 2027. Yes, that’s right, triple. Today we are installing 20 GW of solar in the US. By 2027, we will be installing 60 GW… Continue reading “145 Gigawatts of Pure Opportunity”
3 Things Your Solar Company Should Do Right Now to Capitalize on the Inflation Reduction Act Adam Gerza from Energy Toolbase joined this week’s live Solar Entrepreneurship class. Adam is incredibly knowledgeable about solar policy and we asked him to speak about the Inflation Reduction Act. What’s really changing and where are the new opportunities for… Continue reading “3 Things Your Solar Company Should Do Right Now to Capitalize on the Inflation Reduction Act”
What the Inflation Reduction Act Could Mean for the HeatSpring Community UPDATE: The Inflation Reduction Act has passed Congress and has signed by President Biden. For many of us working in clean energy and environmental stewardship, hearing that the Inflation Reduction Act passed through the Senate filled us with hope for… Continue reading “What the Inflation Reduction Act Could Mean for the HeatSpring Community”
Building and Managing Decentralized Solar Project Teams Chris Lord has helped fund and develop hundreds of megawatts of solar projects over the past eight years, but his company is small. I asked Chris to explain how he builds and manages a decentralized group of collaborators to have… Continue reading “Building and Managing Decentralized Solar Project Teams”
How Does a Solar Project Dealmaker Spend His Time? “Solar Project Dealmaker” is the best way to describe Chris Lord. He’s a lawyer, financial modeler, and builder of project teams. Hearing about his work helps you understand how big solar projects happen. Below you’ll hear about a few projects… Continue reading “How Does a Solar Project Dealmaker Spend His Time?”
Gain a Broad Perspective of Solar Development to Advance Your Career Learning the solar development process through HeatSpring’s Solar Executive MBA can help you accelerate growth in your career. Working within a given role at a company can only provide you with so much perspective. It can be challenging to continue… Continue reading “Gain a Broad Perspective of Solar Development to Advance Your Career”