Worried about solar tariffs? Don’t be. At Solar Power Northeast in Boston, a CEO panel seemed pretty optimistic about what the future was going to hold, beyond the tariff obstacle. And the overarching reason, to our ears, is solar is a way more established, mature, proven industry than even three years ago, and therefore better equipped to handle speed bumps like this.
New Jersey has been one of the leading solar states in the country, and the state’s legislature looks to keep it that way, passing Senate Bill 2276 to raise the state’s solar energy goal.
New Jersey’s solar market is at risk of coming to a halt in mid-2018 after the state meets its renewable portfolio standard (RPS), currently on track to do this by May 2018, which is a full decade ahead of schedule. The bill updates New Jersey’s RPS goal to require 5.3 percent of the state’s electricity to come from solar by 2022, up from 4.1 percent.
At the heart of a solar + storage system is a battery, but that heart can’t beat without its brain — the software layer telling it how to operate. For your customers, regardless of battery manufacturer, the software brain is driven by three possible value streams.
- Peak demand shaving. This is a commercial project value.
- Time of use (TOU). Discharging on-peak and recharging off-peak.
- Self-consumption. Pairing storage with solar and setting it to not export to the grid.