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Free Webinar: Financials of Solar & Storage (Battery), June 6, 10-12 pm PT
Event Description
Evaluating the financials of solar projects with and without battery storage can be complex. This class will give attendees the ability to evaluate solar decisions for their projects with the same financial metrics used in business.
It will make use of PG&E’s WattPlan Solar Calculator tool to calculate utility costs with various inputs such as usage of the house, solar system size, battery size, and rate plan. PG&E will use scenarios such as EV charging and all-electric home remodels to show how to design a renewable energy system with future changes to electricity use taken into account. Current tax credits and typical PV costs will be used to approximate real-world decisions.
The instructor is an energy consultant with a degree in Economics and an MBA, with extensive experience helping clients make their decisions around renewable energy systems.
The objective of this course is that participants will be able to:
Explain fundamental principles of financial analysis and apply them to solar projects.
Describe how the timing of electricity usage and solar production has a major effect on utility costs.
Demonstrate how to input your home electricity use in Watt Plan and calculate utility costs with various sizes of solar and battery storage systems.
Discuss evolving electricity rates and why more solar is not necessarily better.
Image: Energy Trust
- Introduction to financial principles and how to apply them to solar projects
- Overview of electricity rates and solar production throughout the day
- Demonstration of PG&E's WattPlan solar calculator tool with various modeling scenarios
- Discussion
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