Free Webinar: Financials of Solar & Storage (Battery), May 16, 10am-12pm PT

  • 16 May 2024
  • Start time : 10:00 AM
  • End time : 12:00 PM
  • Event Host : Pacific Gas & Electric Company (PG&E)
Free Webinar: Financials of Solar & Storage (Battery), May 16
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 own projects with the same financial metrics used in business. We 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. We will use scenarios such as electric vehicle (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 photovoltaic (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 at the conclusion, 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 

  • Host Company/Organization Name
    • Pacific Gas & Electric Company (PG&E)
  • Agenda
    • - Introduction and safety message
      - 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
  • Speakers / Presenters
    • Nick Brown

      Nick Brown is President of Build Smart, an independent energy consultancy specializing in California energy modeling, energy code, and building performance that supports builders and architects in designing energy-efficient buildings. Nick is a Certified Energy Analyst (CEA) for residential and an Associate Energy Analyst (AEA) for nonresidential construction by the California Association of Building Energy Consultants (CABEC). He is a Subject Matter Expert on the Energy Code Ace statewide education team and teaches classes for Southern California Edison on Net Zero Design, All-Electric Homes, Heat Pumps, and PV and Battery Systems. As part of a CalSEED team, Nick is currently researching phase change material applications in HVAC systems. Nick was elected to the Board of Directors of CABEC beginning in 2018. He holds a BA in Economics from Princeton University and an MBA in Manufacturing from the University of Michigan.
  • Cost
    • FREE Event
  • Event type
    • Online/Webinar

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