Business operations in today’s market are uniquely daunting. Faced with a volatile energy market, an oftentimes unreliable grid, and increasingly strict regulations on emissions, businesses have to navigate a maze of challenges. For businesses that require automated or continuous power to maintain operational efficiency, managing these challenges can mean the difference between making or breaking their bottom line. For backup power, battery energy storage is the modern replacement for (or supplement to) generators, offering the same backup reliability, with added cost savings and flicker-free power.

Shortcomings of Backup Generators

While backup generators have long been a reliable means of ensuring a business can maintain continuous operation, there are reasons to consider alternatives. For starters, the technology is simply dated - in order to stay competitive in the modern economy, businesses should utilize modern technology. Generators are unable to provide continuous power in the event of an outage, which makes them an unreliable source of backup power. In the case of an outage, generators require startup times that contribute to power gaps and operational downtimes. If a back-up generator does not kick on during an outage, sectors with continuous operations like refrigeration, manufacturing, or data centers could be forced to throw away products as waste or restart servers. This could equate to hundreds of thousands - even millions - of dollars in lost revenue, impeding entire supply chains from continuity.

Since generators are only a back-up, and are thus “out of sight, out of mind,” they typically do not receive the expensive maintenance they regularly need. For example, units with their own internal power source often fail to turn on when they are most urgently needed, because expensive maintenance was not conducted.

In addition to the shortfalls above, they are an additional source of emissions, which can complicate regulatory compliance for businesses just trying to keep things running to keep their doors open. As increased focus is put on emissions reductions, companies must reconsider how they power their operations. In the case of power outages, which are becoming more common as wildfires and heat waves ravage grids across the country, fuel-driven backup generators only contribute to the problem. In states like California, where logistics companies and large warehouse operators are subject to emissions regulations, fuel-driven backup power only works against them.

Enter: Battery Energy Storage

Businesses with continuous or automated operations have options, however, thanks to modern technology and valuable governmental incentives. Battery energy storage presents an alternative to backup generators by providing a secondary source of flicker-free power.

How does it work?

Battery energy storage is essentially exactly what it sounds like: a battery that stores power for the times a business needs either supplemental or backup power. By integrating a battery energy storage system with its energy profile, a business gains a reliable source of energy that requires zero startup time, emits zero emissions, and can even help cut utility costs by supplementing demand when it peaks.

Solar + Storage = Dream Team

Businesses that combine solar with a battery energy storage system can benefit from clean, emissionless solar power, in addition to backup power from the battery. These two systems work in tandem to provide continuous operations companies (manufacturing, healthcare, logistics, data centers) with reliable, clean power to increase their energy efficiency, grid independence, and cost-effectiveness.

What are the benefits?

1. Zero emissions: A battery energy storage system emits zero emissions. This allows businesses to incorporate an additional source of power, without increasing their carbon footprint. In an increasingly regulated market, this is crucial for businesses coping with Scope reporting and programs like WAIRE in California.

2. Flicker-free power: Unlike a backup generator, an energy storage system is always readily available. That means if power goes down, a business can seamlessly transition to its battery system for continuous power. That means businesses don’t have to throw away products on the line or restart crucial continuous systems.

3. Reduced operating costs: By providing supplemental power during periods of high demand, a battery energy storage system can help to reduce demand charges. Demand charges are related to a company’s highest period of demand, and are often the highest charge on their utility bill. By supplementing their demand with power from a battery, businesses can reduce the amount of electricity they draw from the grid, lowering their demand charge.

Leverage the ITC

The Biden Administration passed the Inflation Reduction Act (IRA), which included massive investments in clean energy technologies. Among these are the Investment Tax Credit (ITC), which businesses can leverage to write off certain installation costs for clean energy technologies. Battery energy storage systems qualify as a clean energy technology, and are thus eligible for as much as 50% off through the ITC.

Partner with Promise

Navigating the renewable energy transition demands a strategic approach. With the support of Bryan360 Renewables, businesses can streamline compliance efforts, embrace sustainability, and position themselves for success in a rapidly evolving regulatory landscape. Partner with Bryan360 Renewables to unlock the benefits of sustainability-driven practices and pave the way towards a greener future.

Contact Bryan360 Renewables at info@bryan360renewables.com for a complimentary energy evaluation of your facility.

At Bryan360 Renewables, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.

Power Purchase Agreements As A Strategic Financial Lever for Real Estate Owner-Operators

As real estate owner-operators, asset management companies, and large warehouse managers - a group commonly referred to as Real Estate Investment Trusts (REITs) - make strides to navigate inflation and volatility in today’s energy economy, it can sometimes feel like there is no way to achieve sustainability, enhance profitability, and cut costs all at once. Power Purchase Agreements (PPAs) can serve as a strategic financial mechanism to achieve each of these goals in tandem, offering a pathway to leverage tax credit incentives and enhance profitability, despite not directly receiving the electricity generated by these agreements.

Various Types of REITs

Any type of REIT that manages property or building rooftop space with the capacity to host a solar energy system can leverage a PPA as a strategic financial mechanism. There are 14 basic types of REITs:

What are power purchase agreements and how are they relevant to real estate owner-operators?

A power purchase agreement is a contractual agreement between an energy provider and a customer, which typically lasts from 15 to 25 years. The energy provider develops, owns, and operates the system, while the customer purchases the electricity produced by the system at a stable rate.

In the realm of REITs, the key to a PPA's appeal lies not in the direct consumption of energy, which goes to the customer, but in the financial and environmental credentials it provides. PPAs allow certain REITs to indirectly invest in renewable energy projects by purchasing energy at pre-agreed prices, thereby securing long-term energy costs and supporting sustainability without the need to own or operate energy assets.

Financial Incentives and Tax Benefits

A significant draw for REITs using PPAs is the ability to tap into generous tax credits, such as the Investment Tax Credit (ITC), which is pivotal under recent legislative frameworks like the Inflation Reduction Act (IRA). While REITs themselves do not qualify for direct tax credits since they do not physically host the renewable energy systems, they can benefit financially through agreements with tax equity investors. These investors can utilize the tax credits and pass on the savings to REITs in the form of lower energy rates or through structured financial returns integrated within the PPA.

Other Strategic Advantages for Real Estate Owner-Operators

PPAs provide a hedge against volatile energy prices, securing stable and often below-market rates. For REITs, whose operating expenses are significantly influenced by energy costs, this predictability can enhance overall financial performance and attractiveness to investors looking for stable returns.

Enhancing Asset Value

Investing in PPAs also enhances the sustainability profile of an REIT’s portfolio, a factor increasingly valued in the market. Properties associated with green energy initiatives often see improved marketability and higher valuations due to their alignment with global sustainability goals.

Regulatory Compliance and Market Leadership

As regulations tighten around environmental impact, REITs engaged in PPAs demonstrate proactive compliance with emerging standards, positioning themselves as leaders in sustainable real estate investment. This not only mitigates financial risk but also enhances reputation, attracting tenants and investors who prioritize environmental responsibility.

Moving Forward with PPAs

For REITs, the decision to engage in PPAs should be aligned with a broader strategic vision that recognizes the interplay between financial benefits and sustainability commitments. The integration of PPAs into the investment strategy can serve as a catalyst for transformation within the real estate sector, driving forward a new era of eco-conscious, financially savvy real estate management.

Our Integrated Approach

Bryan360 Renewables recognizes the unique financial positions and sustainability goals of each investment trust. Our approach to integrating PPAs into your investment strategy is tailored to maximize both your fiscal returns and your property’s green credentials. Our experts customize solutions tailored to unique energy needs, encompassing solar, storage, CHP, and fleet electrification. Partnering with Bryan360 Renewables ensures businesses navigate compliance with confidence while unlocking long-term environmental and economic benefits.

Partner with Promise

Navigating the renewable energy transition demands a strategic approach. With the support of Bryan360 Renewables, businesses can streamline compliance efforts, embrace sustainability, and position themselves for success in a rapidly evolving regulatory landscape. Partner with Bryan360 Renewables to unlock the benefits of sustainability-driven practices and pave the way towards a greener future.

Contact Bryan360 Renewables at info@bryan360renewables.com for a complimentary energy evaluation of your facility.

At Bryan360 Renewables, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.

Navigating Emissions Reduction Requirements: A Strategic Approach for Businesses

As California continues to lead the charge in environmental sustainability, the South Coast Air Quality Management District (SCAQMD) has introduced Rule 2305, an innovative Indirect Source Rule (ISR) targeting warehouse emissions.

The rule marks a step towards mitigating the emissions footprint of logistics companies, specifically focusing on emissions from mobile sources such as delivery trucks, yard trucks, ships, and trains involved in warehouse operations. Additionally, Rule 2305 addresses emissions from on-site stationary equipment like diesel backup generators or manufacturing machinery.

This regulatory move underscores the urgent need for fleet electrification and the adoption of renewable energy assets as part of a broader strategy to combat climate change and improve air quality. For logistics companies, complying with the rule will require investments in both areas. As experts in fleet electrification and renewable energy systems, we understand the complexity and challenges that logistics companies will face as they implement emissions reduction strategies, a process we are here to facilitate from beginning to end.

What is ISR 2305 and WAIRE?

By the end of the year, facilities over 100,000 square feet will be required to adhere to ISR 2305. ISR 2305 operates on a points-based system, meaning logistics operators must accrue a certain number of points each year to offset their trucking activity. Regulatory frameworks like the Warehouse Actions and Investments to Reduce Emissions (WAIRE) program, impose obligations on warehouses and businesses to reduce emissions through various measures. Compliance involves meeting specific criteria such as submitting operational notifications, earning WAIRE points, and reporting annually on emissions reduction efforts. Non-compliance may result in penalties, motivating businesses to seek proactive solutions.

Mitigation Strategies and Compliance Support

Developing robust mitigation strategies is essential for ensuring compliance with emissions reduction regulations. Businesses can proactively assess their emissions profiles, identify areas for improvement, and implement measures to mitigate carbon footprints. External support from consultants or service providers can facilitate the development and execution of effective mitigation strategies. These partners offer expertise in developing and implementing fleet electrification programs, renewable energy projects, and mitigation strategies tailored to specific regulatory requirements. By leveraging external support, businesses can navigate compliance complexities with confidence.

The Push for Fleet Electrification

Fleet electrification stands as a major opportunity within the logistics sector, offering a path away from fossil fuel dependency towards a cleaner, more sustainable transportation future. Electrifying trucks and other vehicles involved in warehouse operations can drastically reduce the emissions contributing to air pollution, aligning with the goals of Rule 2305.

Renewable energy assets, such as solar panels and energy storage systems, complement the fleet electrification by providing a sustainable and cost-effective power source. These technologies not only support the environmental goals set forth by regulations like Rule 2305 but also offer significant economic advantages. By generating their own clean energy, warehouses can achieve greater energy independence, protect against energy price volatility, and reduce operational costs over time.

Leveraging Legislative Support

Just as the Inflation Reduction Act (IRA) has bolstered the adoption of clean technology across the country, similar legislative frameworks can support the transition to electrified fleets and renewable energy systems. Tax incentives, grants, and subsidies aimed at reducing the upfront costs of electric vehicles (EVs) and renewable energy installations can make these technologies more accessible and financially viable for logistics operations of all sizes.

The Road Ahead: Embracing the Shift

The enactment of Rule 2305 by the SCAQMD signifies a critical turn on the road towards a cleaner, more sustainable future. Electrifying fleets and embracing renewable energy assets are no longer futuristic concepts but immediate necessities. For logistics businesses operating in and around warehouses, now is the time to act by investing in technologies that will not only comply with today’s regulations but also position them as leaders in tomorrow’s green economy.

Our Integrated Approach

Bryan360 Renewables offers an integrated approach to energy, leveraging eleven years of experience to support businesses facing regulatory compliance. Our experts customize solutions tailored to unique energy needs, encompassing solar, storage, CHP, and fleet electrification. Partnering with Bryan360 Renewables ensures businesses navigate compliance with confidence while unlocking long-term environmental and economic benefits.

Partner with Promise

Navigating emissions reduction requirements demands a strategic approach. With the support of Bryan360 Renewables, businesses can streamline compliance efforts, embrace sustainability, and position themselves for success in a rapidly evolving regulatory landscape. Partner with Bryan360 Renewables to unlock the benefits of sustainability-driven practices and pave the way towards a greener future.

Contact Bryan360 Renewables at info@bryan360renewables.com for a complimentary energy evaluation of your facility.

At Bryan360 Renewables, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.

Microgrids: Performance-enhancing DERs

The transition towards distributed energy is gaining momentum, fueled by distributed energy resources like solar and storage. However, another technology playing an important role in this transition are microgrids.

These decentralized energy networks are proving to be major assets in achieving sustainable energy goals, at the same time providing immediate solutions to customer pains traditionally associated with utility reliance. From capacity restrictions, to interconnection delays, to rate increases drawing electricity from utility supply can be challenging and expensive.

Luckily, the shift to distributed energy resources and renewable energy is being supported by significant legislative support, namely the Inflation Reduction Act (IRA), which offers considerable financial incentives for the adoption of renewable energy technologies.

A micro-what?

A microgrid is a single, local network of distributed energy resources that operates both independently and in connection with the larger grid. A microgrid’s ability to operate independently ensures reliability, enhances security, and contributes to the environmental sustainability of a region’s energy systems. Microgrids can incorporate a variety of energy sources, including solar panels, battery storage, and combined heat and power (CHP) systems, making them a versatile solution for energy challenges.

How microgrids benefit customers

Microgrids offer several immediate benefits for customers looking to mitigate the challenges posed by conventional energy systems:

Avoiding capacity restrictions and interconnection delays

Microgrids can be developed and scaled to meet the specific energy needs of a region without the extensive wait times and bureaucratic hurdles often associated with limited utility capacity and interconnection.

Protection against rate increases

By generating power locally off-grid, microgrids can significantly reduce dependence on utility-supplied electricity, shielding customers from the rate hikes and general volatility of today’s energy market.

Enhanced energy reliability

Microgrids provide a resilient energy supply that can help supplement power during outages or grid failures, supporting continuous operation for critical services and businesses.

How the IRA makes microgrids make sense

The Inflation Reduction Act (IRA) has introduced a slew of tax incentives that make the development of renewable energy projects, including solar, storage, and CHP more financially viable than ever. Its signature Investment Tax Credit (ITC) can cover up to 50% of a project's cost if certain criteria are met.

This substantial financial incentive underscores the urgency for businesses and communities to act swiftly to capitalize on these benefits. By beginning construction or incurring a minimum percentage of project costs before the specified deadline, projects can "safe harbor" their eligibility for these incentives, maximizing savings and accelerating the return on investment.

Moving forward towards distributed energy

Microgrids represent a major advancement in distributed energy, providing a resilient, efficient, and sustainable alternative to traditional utility reliance. Supported by significant legislative incentives, and fast-improving renewable energy technologies, the adoption of microgrids offers a practical solution to immediate energy challenges - meaning now is the time to work towards a more decentralized and environmentally friendly energy future.

Our Integrated Approach

At Bryan360 Renewables, we understand that every facility has unique needs, especially when it comes to solar, storage, and CHP. Promise’s integrated approach to energy is what differentiates us from the crowd, and you can count on our energy experts to custom-design a system to meet the unique energy needs for your business.

Contact Bryan360 Renewables at info@bryan360renewables.com for a complimentary energy evaluation of your facility.

At Bryan360 Renewables, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.

CHP and the IRA Investment Tax Credit

The landmark Inflation Reduction Act (IRA) provides a myriad of tax incentives to developers for constructing renewable energy projects. Among those is the Investment Tax Credit (ITC), which provides a tax credit worth up to 50% of a project’s cost, depending on certain qualifications that must be met. For renewable energy and energy efficiency installations at businesses around the country, this can be a game-changer. 

In fact, under the IRA, CHP systems can now qualify for the ITC (yes, all 50%). However, beginning January 1, 2025, CHP systems will only qualify for the ITC if they qualify as a “clean energy technology.” That means in order to qualify, your CHP system must be a zero emissions system. That said, businesses should act now to “safe harbor” their project, and ensure their CHP system can qualify for the full ITC value.

What is the ITC?

Simply put, the ITC is the hallmark of the IRA. It’s what many say catalyzed the renewable energy industry from the beginning, and it continues to incentivize the development of renewable energy technologies across the country. At its base level, the ITC offers 6% of the project cost in the form of a tax credit. However, if your project meets certain criteria, it can qualify for much more. Here’s how the ITC would break down for a project that costs $5,000,000:

Keeping an eye on the clock

With the kind of incentives available today, it has never made more financial sense to install a CHP system for your business. However, your CHP system won’t qualify for these incentives by this time next year unless it’s a zero emissions system. That’s because the ITC will be changing to the “Clean Energy ITC” in 2025, meaning that the type of technology that qualifies for the credit will change as well. 

Because of this eventual change, it’s important to act now to make sure your CHP system qualifies for the full ITC. Beginning the construction process this year can “safe harbor” your project to ensure it qualifies. There are two ways to do this:

1. Incur 5% of the total project cost, or:

2. Begin physically working on the project.

Either of these approaches will “safe harbor” your project, and qualify it to receive up to 50% of the project cost through the ITC.

Act now to maximize savings

CHP can create a variety of benefits for your business. Whether you are operating 24 hours a day, looking for relief from demand charges, or want system redundancies within your energy profile, CHP can improve the energy efficiency of your operation by 30%! By acting now to “safe harbor” your project, you can reap both the benefits of energy savings AND lower the cost of installation with the ITC. Waiting until 2025 could cost you - so reach out to Promise today!

Our Integrated Approach

At Bryan360 Renewables, we understand that every facility has unique needs, especially when it comes to solar, storage, and CHP. Promise’s integrated approach to energy is what differentiates us from the crowd, and you can count on our energy experts to custom-design a system to meet the unique energy needs for your business.

Contact Bryan360 Renewables at info@bryan360renewables.com for a complimentary energy evaluation of your facility.

At Bryan360 Renewables, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.

The Inflation Reduction Act opened up more than $300 billion for clean energy investments, but to leverage all the money available to clean energy projects, developers will have to meet certain prevailing wage and apprenticeship requirements. Additionally, California now requires that all net-metered projects above 15 kW meet prevailing wage requirements. The tough thing is: those requirements are constantly changing, and it’s up to developers to meet them.

What are prevailing wage requirements?

Way back in 1931, Congress passed the Davis-Bacon Act, which required that all laborers and mechanics working on federally-assisted work be paid the prevailing wage for their job in their labor market at least once a week. Typically, these “prevailing wages” corresponded to the relevant union wage. Controversial in its origins, the Davis-Bacon Act still plays a crucial role in the labor market today. Since the passage of the IRA, some of the Davis-Bacon Act’s guidelines now stipulate how contractors can take advantage of increased incentives available in the IRA, namely the 30% ITC.

In addition to prevailing wage laws, these increased incentives in the IRA also require adherence to certain apprenticeship employment requirements. Apprenticeship employment rules incentivize the growth of the clean energy industry into the future by ensuring that generations ahead will have skilled workers to contribute to the clean energy economy.

If a clean energy project can meet both the prevailing wage and apprenticeship requirements, it becomes eligible for a tax incentive (credit or deduction) worth 30% of a project’s cost - that’s five times the base amount. The difference between 6% and 30% of a project’s cost is huge (that’s the difference between $9,000 and $45,000 on a $150,000 project), so listen up!

A moving target is hard to hit 

The Department of the Treasury and the IRS recently shared guidance on how these wage and labor requirements apply to clean energy projects, which aims to provide more clarity for both employers and workers.

Meeting these requirements can be a challenging task, especially when the requirements themselves are confusing and evolving. This complexity makes it all the more important to partner with an experienced and reputable developer who can guide you through the process to ensure you squeeze the most financial support out of the available incentives to maximize your ROI.

Changes in California

In addition to the federal guidelines released by the Department of the Treasury and the IRS, the California Assembly recently passed a bill that establishes certain guidelines for its net metering program.

Assembly Bill 2143 mandates that all projects applying for net-metered interconnection after December 31, 2023 must pay prevailing wages, and requires that 20% of the labor be carried out by certified apprentices - this includes any energy storage associated with the project. The requirements apply to projects greater than 15 kW, although exceptions are made for multi-family homes under two stories and modular homes.

Net metering plays a huge role in a solar energy system’s ROI, because it allows the owner to further reduce their energy bill with the credits they generate. That makes these changes all the more important: If your system does not meet prevailing wage and apprenticeship standards, your system does not qualify for net metering, which severely lengthens the system’s payback period and greatly lowers your ROI.

Nailing it: Checking all your bases to ensure success

As with most processes, preparation is key to success. Having all your ducks in a row makes it that much easier to apply for increased incentives, given the developer needs to prove that your project meets all the required prevailing wage and apprenticeship requirements necessary for approval. With that in mind, here is a general guide for how clean energy projects can meet these requirements:

Prevailing wages: Laborers working on a federally-assisted clean energy project must be paid at least their prevailing wage for their position in their job market, in addition to any fringe benefits as established by the “Secretary of Labor when performing construction, alteration, or repair of a qualified facility, project, property, or equipment.” Contractors can determine the prevailing wage using sam.gov.

Apprenticeship requirements: A contractor employing four or more workers on a clean energy project must employ at least one apprentice. Additionally, the apprentice (or apprentices) must perform at least 12.5 percent of the working hours on the project for projects beginning in 2023. That percentage rises to 15 in 2024 and after.

Record keeping: Like we said earlier, it is the contractor’s responsibility to maintain records of having met all of these requirements.

Corrections: If any of these stipulations are failed to be met, the contractor can make payments to amend the penalty. Doing so will allow them to claim the increased incentive.

Bullseye!

Prevailing wage and apprenticeship requirements are complicated, convoluted, and constantly evolving. But with net metering eligibility and a 5x credit multiplier on the line, that extra work is more than worth it. Picking the right partner can ensure you receive the complete increased incentive for your project, and reduce the overall cost of your project as much as possible.

Bryan360 Renewables has deep policy experience in the clean energy industry, and is your partner for the ride. Get in touch with us today and let us show you how we work with our clients to ensure success in the Age of the IRA.

Our Integrated Approach

At Bryan360 Renewables, we understand that every facility has unique needs, especially when it comes to solar, storage, and the interconnection process. Promise’s integrated approach to energy is what differentiates us from the crowd, and you can count on our energy experts to custom-design a system to meet the unique energy needs for your business.

Contact Bryan360 Renewables at info@bryan360renewables.com for a complimentary energy evaluation of your facility.

At Bryan360 Renewables, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.

More and more businesses are going solar

Commercial solar makes up more than 14% of all solar capacity in the United States - and it’s growing. More than half of that capacity was installed in just the past two years, and industry estimates predict commercial capacity will double again in the next three years. With 27 gigawatts (GW) of capacity in the pipeline, there looks to be no end of this growth in sight, as more and more businesses choose to invest in long-term energy savings and reduced carbon emissions.

But growth comes with growing pains, and solar projects are taking longer and longer to get approved, permitted, and interconnected. Because of these delays, solar projects took an average of five years to get from proposal to interconnection in 2022, compared to two years in the 2010s. As more projects come online, those delays could only grow in the future. Because of these macro forces beyond any developer’s control, in order to reap the countless benefits a solar energy system can offer, NOW is the best time to go solar.

Distributed generation is the future 

As renewable energy resources comprise more and more of the United States’ energy footprint, commercial installations are expected to play a driving role in increased solar capacity. According to rooftop availability calculations from Michelle Davis, a principal analyst at the energy research consultancy firm Wood Mackenzie, commercial solar capacity has the potential to grow to as much as 145 GW - enough energy to power 28 million homes, and a number your business could play a part in.

With the amount of capital unlocked by the recent passage of the Inflation Reduction Act, reaching this capacity has become even more feasible for businesses around the country. Thanks to the extended and expanded Investment Tax Credit, which provides a 30% credit on the installation cost of a solar array, in addition to provisions like tax credit transferability and direct-pay options, there is plenty of financial support available to your business.

Once the system is online, your business immediately starts benefitting from clean solar energy at a locked-in rate. On average, businesses with solar systems save 75% on their electricity bills. Pair that with an energy storage battery, and your business can rely on energy even when the sun goes down, and even if the grid does too.

But to save that money, you have to play the game first. Getting a solar system from the starting gun to the finish line involves a lot of planning, coordination, and execution.

Elements of the process

The three general steps in the process are the preliminary site evaluation and system design, the construction of the system, and interconnection to the grid. Each of these phases requires careful navigation through local and federal policy, financial considerations, and technical complications, so having a reliable and reputable partner throughout the process is crucial.

Site evaluation

During this step of the process, Promise’s team of long-time industry experts conducts a comprehensive audit of the facility, including building energy consumption data and operational equipment. The engineers at Promise then design a completely integrated solar system to suit your business’s exact needs.

Building the system itself

Once Promise has conducted a comprehensive audit of your business and its facilities and designed an integrated solution, the process moves on to the construction of the system itself. Promise uses only the most cutting edge technology, and emphasizes safety, quality, and teamwork through the entire process. Plus, Promise’s policy expertise means your company can take full advantage of the ITC’s apprentice and prevailing wage labor incentive laws.

The final boss: Grid interconnection

So, your integrated solar system is designed, built, and ready to be brought online. All that stands in the way is interconnection. Here is where the notorious grid delays come into play. With as many systems there are vying for a spot on the grid, this could take months, and even years.

While Promise easily handles every aspect of a client’s solar journey, the biggest hurdle is the time delay during interconnection. Because of macro forces at play at the utility scale, every solar customer has to deal with the delays of interconnection, but working with an experienced partner can make the rest of the process a breeze. To get online as soon as possible, you have to get started as soon as possible. It’s as simple as that.

Our Integrated Approach

At Bryan360 Renewables, we understand that every facility has unique needs, especially when it comes to solar, storage, and the interconnection process. Promise’s integrated approach to energy is what differentiates us from the crowd, and you can count on our energy experts to custom-design a system to meet the unique energy needs for your business.

Contact Bryan360 Renewables at info@bryan360renewables.com for a complimentary energy evaluation of your facility.

At Bryan360 Renewables, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.

An Integrated Energy Solution

A plastic manufacturer based in Oxnard, California turned to Bryan360 Renewables to help it reduce costs and improve its sustainability measures. The company runs 24/7 operations, so it pays steep monthly utility bills to meet its high energy needs. It has also committed to reducing its carbon footprint and improving energy efficiency. Bryan360 Renewables designed a holistic energy solution comprising two rooftop solar arrays, a combined heat and power (CHP) plant, and two absorption chillers. These systems will work in harmony to significantly lower costs, increase efficiency, and reduce carbon emissions.

Long Term Savings 

The solar arrays will produce clean, renewable energy that, when combined with the CHP electricity production, will offset more than 40% of the facility’s electricity consumption. The CHP plant will also produce heat that will power the absorption chillers, offsetting more than 3 million kilowatt-hours of electricity per year. These investments will produce roughly $2.7 million in annual savings. Bryan360 Renewables also leveraged its California market expertise to obtain relevant local and federal financial incentives that reduced the upfront cost by more than $5.5 million.

• $2.7 Million in Annual Energy Cost Savings

• 3 Complementary Technologies Used

• Off-Balance Sheet Financing Options

Off-Balance Sheet Financing

This project was financed utilizing a program that provides off-balance sheeting funding for energy and sustainability projects. The client will repay project costs through its monthly utility bill and project- generated energy savings. As the “system owner” for tax purposes, the client will receive all available tax credits and incentives, while also benefiting from energy cost savings and upgrades with zero capital outlay.

• 1.717 MW Solar Capacity

• $2.7 Million Estimated Annual Savings

• 41% Energy Offset

• 2 MW CHP Capacity

Our Integrated Approach

Bryan360 Renewables understands that every business operation has unique needs, especially when it comes to energy costs. Promise’s integrated approach to energy is what differentiates us from the crowd, and you can count on our energy experts to custom-design a system to meet the unique energy needs of your business.

Contact Bryan360 Renewables at info@bryan360renewables.com for a complimentary energy evaluation of your facility.

At Bryan360 Renewables, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.

If we were to sum up today’s economy in one word, it would be uncertain. From the effects of inflation, to the volatile energy market, to the impacts of climate change, business leaders have more to keep track of than ever before. Our modern economy has many moving parts, each of which can create problems for an organization’s bottom line in their own way - but there is a guideline to follow for smarter, more sustainable, more cost-effective business operations: ESG.

ESG stands for Environmental, Social, and Governance, which is essentially a set of practices businesses can implement to navigate the uncertainties of today’s economy. Doing so can lessen a business’s impact on the environment, improve employee wellbeing, and cut operation costs. As an integrated energy solutions provider, we have a lot of thoughts on what the E in ESG means for businesses

Good News for Businesses 

As the economy moves towards a more environmentally-conscious model, environmental regulations will only become tighter and businesses will be continually held to higher standards. Take for example the new emissions scoping requirements starting in January 2024: Businesses will have to measure and report their Scope 1 and 2 emissions. In order to stay ahead of the curve, businesses must adopt a forward-looking approach, and implement strong environmental practices to avoid costly regulatory fines due to inefficient operations.

Adopting a healthy environmental business model not only reduces indirect costs in the form of regulatory fines, it can also reduce direct operating costs and improve day-to-day cost-effectiveness by as much as 60%. Businesses that implement healthy environmental practices can cut material costs, reduce costs associated with water consumption, and improve their energy efficiency, making for a smaller electricity bill.

Plus, companies with strong ESG practices, especially those with strong environmental practices, can make considerable progress towards sustainability and emissions reduction goals. Greater energy efficiency translates to a smaller carbon footprint, and being conscious of environmental goals related to energy efficiency can help businesses achieve this.

Strong ESG practices can even attract investors, as businesses with higher ESG standards have higher profitability and lower investment risk. Asset management companies associate a business’s ESG score with their investment risk, meaning that businesses with stronger ESG scores are more likely to see interest from investors.

Steps towards strong environmental ESG practices

When it comes to renewable energy resources, businesses have a variety of approaches to sustainable environmental practices. For example, businesses with the rooftop infrastructure to support it can install a solar energy system, which can save them up to 75% on utility bills. By capitalizing on the sun’s energy, businesses can lock in low electricity rates for years to come. Plus, utilizing solar energy is a great way to reduce a business’s consumption of fossil fuels, in turn reducing its carbon footprint.

For the days the sun isn’t shining, a battery energy storage system can supply power to keep demand charges down (which can account for as much as 70% of your electric bill), and improve a business’s energy stability. At a time when heat waves and wildfires are creating volatility in the electric grid, a battery energy storage system can provide the reliability needed to keep business operations running during an outage.

Another resource for businesses looking to improve their building’s energy efficiency and reduce operating costs is combined heat and power, or CHP. CHP systems take advantage of an energy system’s waste heat to generate even more electricity, or contribute to heating and cooling processes. CHP systems can improve the efficiency of an energy system to be as great as 85% efficient, which is nearly twice as much as the average 45% efficiency of a standard system.

Businesses that operate vehicle fleets can even tap into the EV market to reduce overall costs and cut their carbon footprint. Implementing an EV fleet is a powerful way to address the environmental practices of a business as part of its ESG portfolio. Countless studies have found that the month-to-month ownership costs of an EV are less than those of an internal combustion engine vehicle. Plus, CA Senate Bill 1 banned all diesel semi-trucks built before 2010 and weighing over 14,000 pounds from driving on California roads. This makes implementing an EV fleet both a smart economic and environmental choice.

Science-based savings

Are poor ESG practices holding your business back? The team at Promise brings together an integrated, science-based approach to design the optimal energy solution to improve your business’s ESG standings. We have the unique ability to tailor a system based on specific site needs or parameters, compliance requirements, and energy savings and carbon reduction goals. Our integrated approach allows us to target both the complete building envelope, including energy efficiency, power generation, sustainability, and resiliency. Because of this, we can look beyond new energy solutions and address deferred maintenance, asset renewal, and other ongoing improvement opportunities at your facility, taking you from an ESG laggard to an ESG leader! Our process contains five key steps…

Analyze

We conduct a comprehensive audit of your facility, including building data, energy consumption patterns, and operational equipment. We consider your energy savings goals, carbon reduction objectives, overall sustainability plans, and even consider future solutions like deferred maintenance and asset renewal.

Design

Our in-house engineering team designs a portfolio of integrated energy solutions that address complete building envelope needs, from energy efficiency, power generation, sustainability, and energy resiliency.

Finance

Our detailed proposals demonstrate the long-term financial value of each of our solutions, including ROI and payback period. We also offer a range of financing solutions to meet any client’s budget. Our in-depth industry knowledge allows us to help you leverage the full potential of both local and federal incentives.

Build

Our professional operations team brings decades of field experience to every project with an emphasis on safety, quality, and teamwork.

Save

We take care of continued operations and maintenance throughout the life of the system, so you can sit back and enjoy savings from day one.

Our Integrated Approach

Bryan360 Renewables understands that every business operation has unique needs, especially when it comes to ESG. Promise’s integrated approach to energy is what differentiates us from the crowd, and you can count on our energy experts to custom-design a system to meet the unique energy needs of your business.

Contact Bryan360 Renewables at info@bryan360renewables.com for a complimentary energy evaluation of your facility.

At Bryan360 Renewables, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.

There are both economic and environmental benefits in emissions reductions

If you’ve kept an ear open to the climate conversation over the past few years, you’ve likely heard the term “Net Zero.” Net Zero refers to the state in which the greenhouse gas (GHG) emissions of a system are completely avoided or balanced by direct emissions removal or offsetting with credits. For businesses, this system includes all of your internal operations, as well as tangential operations like your purchased electricity and supply chain. In order to be a competitive and responsible business, full-scope emissions reductions must be undertaken to reach Net Zero.

Reducing the carbon impact of your business operations is a complicated and ambitious task, but it is truly necessary in today’s climate and economy. Not only is it the environmentally sound approach to business, it is the smarter, more secure investment in the future of your business. In fact, 73% of companies worldwide have found that sustainable investments improve their ability to meet ESG accountability metrics. As governments around the country continue to strengthen ESG reporting regulations, it will only become more financially beneficial that businesses improve energy efficiency, incorporate renewable energy, and invest in eco-conscious funds and resources to meet risk and compliance requirements. Businesses can also save an average of 89% on their electricity bills by incorporating solar energy systems into their building’s energy supply. By reducing their emissions to achieve Net Zero, businesses can see both economic and environmental benefits.

The roadmap to Net Zero: different scopes for different folks

Achieving Net Zero requires that a business rethink its operations, supply chain, and value chain. That may seem like a heavy ask, but businesses that proactively address their environmental impact can gain a competitive edge by enhancing brand reputation, attracting eco-conscious customers, and even tapping into new market opportunities. Plus, taking early action can help businesses stay ahead of evolving regulations, avoid potential penalties, and adapt to changing consumer preferences.

In the same way our climate is a complex ecosystem composed of many individual systems operating in parallel, so is a business’s operations. From supply chain, to energy purchasing, to building energy efficiency and employee habits, each component plays its own crucial role in the success of the business. However, each individual system also carries its own carbon footprint.

The global standard for measuring a business's emissions includes three different types of emissions, called “scopes.” From daily operations, to product suppliers, to products and services offered, businesses can adopt a full-scope perspective to work towards Net Zero:

Scope 1: Enhance energy efficiency

Scope 1 emissions account for directly owned or controlled sources, like emissions associated with onsite facilities or owned vehicles. Improving your building’s energy efficiency is the most cost-effective way to reduce your business’s Scope 1 emissions footprint. By undertaking energy efficiency initiatives like installing combined heat and power (CHP), or by upgrading to energy efficient lighting, a building can reduce its energy consumption and utility bills. CHP systems operate at about 75% efficiency, which is much higher than the national average of 50% efficiency of separately operating heat and power systems. The first step towards energy efficiency is a comprehensive energy audit, which a trusted partner can provide to identify the business’s unique opportunities for improvement.

Scope 2: Install solar and storage

Onsite renewable energy resources can help a business minimize its Scope 2 emissions, which are associated with the purchase of energy, by reducing the amount of electricity drawn from the grid. The moment a solar system is operational, businesses benefit from no-cost daytime electricity.

By pairing a solar system with battery storage, businesses benefit from the reliability of a battery charged by their solar system, which they can pull from when their solar systems aren’t producing enough electricity to keep their business operations up and running. This way, businesses can minimize their utility bills and avoid the operational costs and risks that come with power outages. Demand charges, which are based on a business’s peak energy consumption, often comprise more than 70% of a business’s electricity bill, so energy storage can be an incredible tool for both savings and emissions reductions. A qualified and experienced team can maximize the savings a business can see from incentives and rebates, like the IRA. Bryan360 Renewables knows the ins and outs of the IRA, and can squeeze every dollar out of incentives available in this historic bill.

Scope 3: Implement an electric fleet

Scope 3 emissions include those related to employee transportation and product shipment. Implementing an electric fleet is a powerful strategy for reducing your business’s Scope 3 (and Scope 1 when related to company fleet vehicles) emissions. Not only is investing in an electric fleet the environmentally conscious thing to do, it can also save businesses money, since it is more affordable in every state to own an electric vehicle than it is to own an internal combustion engine vehicle. Fleet electrification is a strategy that many logistics companies are now implementing, especially following recent vehicle emissions regulations and impending gas car bans. Working with a group of energy experts can alleviate some of the headache that comes with the upfront cost of switching to EVs.

A challenge worth the work

Achieving Net Zero is a challenge that requires a business to rethink its operations and boldly change its practices to be more climate-friendly. By pursuing Net Zero, a business can reduce costs, strengthen its energy resilience, and cut its carbon footprint.

The path to Net Zero may present challenges, but with proper planning, strategic investments, and a commitment to continuous improvement, businesses can benefit and become leaders in the transition to a decarbonized economy.

Our holistic approach

Bryan360 Renewables understands that every business operation has unique needs, especially when it comes to achieving Net Zero. From installing solar to charging your electric fleet, energy consumption and efficiency play a driving role in meeting your bottom line. Promise’s holistic approach to energy is what differentiates us from the crowd, and you can count on our energy experts to custom-design a system to meet the unique energy needs of your business.

Ready to see how striving for Net Zero can truly benefit your business and position you as a decarbonization leader? Get started by contacting Bryan360 Renewables at info@bryan360renewables.com for a complimentary energy analysis.

At Bryan360 Renewables, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.

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]]>The Pursuit of Net Zero: How Businesses Can Find Both Economic and Environmental Benefits in Emissions ReductionsKathleen GillWed, 19 Apr 2023 14:20:15 +0000https://promiseenergy.com/news/electrification-in-logistics-plan-for-success-with-promise-energy610f8a44fee1111102956885:619570bc75a0ea503ab7e9fe:643ff549d32d1910bafc5b98

Supply chain decarbonization will require logistics cooperation

As the national economy continues to decarbonize and transition towards an electric future, each industry will face its own challenges. However, nearly every industry relies on one crucial supply chain component: logistics. In order to fully decarbonize the supply chain, logistics companies will need to make urgent and drastic transitions to electric fleets, as medium to heavy-duty trucks comprise 26% of the carbon footprint of the US transportation sector. The Port of LA, in addition to ports across California, will play a pivotal role in the shift away from internal combustion engines. Due to evolving market and policy conditions, like increased emissions regulations and rising fuel prices, logistics companies need to plan for these changes now.

The challenge ahead

Things are now a lot more challenging for logistics companies looking to expand their fleets. At the start of the year, California instituted a ban on diesel trucks older than 2010 and weighing more than 14,000 pounds. This means as many as 70,000 medium to heavy-duty trucks in California can no longer register with the state. Even more recently, the EPA approved a California requirement that electric trucks make up 40% to 75% of sales by 2035, depending on their vehicle class. On top of these momentous policies, fuel prices continue to climb across the country. Moving forward, logistics companies will face some serious heavy lifting, considering the planning and financial load it will take to electrify their fleets (can you say, “$300,000 for a truck?”). Despite the sticker shock, electrification is still the smartest long-term strategy, and will help companies stay competitive.

A complicated outlook

Complex aspects of fleet management, like charging scheduling, will be challenged by these changes, but proper planning and tech integration will help companies cope. Perhaps the most significant challenge will be load management, as logistics companies will have to balance the cost of energy with keeping their fleets charged and rolling. For a company managing a fleet of two trucks, this might not be as hard, but for the operations with eight, nine, ten trucks rolling around… charging in the most cost-effective manner will require a lot of planning. Things get even more complicated when you consider the time it takes to charge an electric truck. Some batteries can reach 80% capacity in 90 minutes, and a relatively linear charging rate means that 40% charge can be reached in around 45 minutes. “Refueling” periods of those lengths will require much greater planning than the gas-up pit stops of yesterday. Designing your charging schedule around peak hours, truck charging time, and your energy tariff will lead to the most cost-effective strategy. Bryan360 Renewables understands these complexities, and has the expertise to orchestrate these shifts with you, making them as seamless and painless as possible.

Designing an effective electrification strategy

Whether logistics companies are prepared for them or not, the new California truck regulations are here, and they are happening. Impending fleet electrification is simply a reality of the modern logistics industry. In order to stay competitive and keep your operations running as smoothly as possible, partner with Promise. We conduct operational assessments to determine each company’s optimal electrification strategy, considering shifts per day, miles per trip, demand, annual energy usage, and more to design an effective solution. By integrating energy efficiency resources like solar, storage, and microgrid technologies, our turnkey solutions ease the pain of these drastic changes - and can even help you monetize them.

Fleet electrification may sound daunting, and having to face the reality of the upfront costs and planning required can be frustrating for companies already dealing with a complicated supply chain. However, in order to stay competitive, you’ll have to start planning now. Many of the electrification upgrades companies will need are going to require grid updates, and those requests are already stretching into year-long queues. However, you can rest assured that once Promise has guided you through the process, and your new electric operations have been automated and optimized, the headache will pass.

Our holistic approach

Bryan360 Renewables understands that every business operation has unique needs, especially when it comes to those with vehicle fleets to manage. From charging your fleet with solar energy, to feeding back into your energy storage system, energy consumption and efficiency plays a driving role in how much profit you turn every month. Promise’s holistic approach to energy is what differentiates us from the crowd, and you can count on our energy experts to custom-design a system to meet the unique energy needs of your business.

Electrification could represent one of the most significant challenges your organization has faced in recent times. We recommend initiating the planning process promptly to facilitate a seamless transition. Get started by contacting Bryan360 Renewables at info@bryan360renewables.com for a complimentary energy analysis.

At Bryan360 Renewables, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.

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]]>Electrification in Logistics: Plan for Success with Bryan360 RenewablesKathleen GillThu, 16 Mar 2023 14:38:41 +0000https://promiseenergy.com/news/holistic-energy-efficiency-fleet-electrification610f8a44fee1111102956885:619570bc75a0ea503ab7e9fe:6413298f538d6919975d6fd5

Internal combustion is out

As the single largest source of carbon emissions in the United States, the transportation sector accounted for 1.7 billion metric tons of CO2 in 2021. In order to avoid the worst impacts of climate change and accommodate changing regulations on vehicle emissions, the transportation sector must decarbonize and move towards electrification fast. Across the US, states and local governments are incentivizing businesses and individuals alike to either purchase or convert their internal combustion engine vehicles to electric vehicles. Plus, with gas car bans on the horizon, going electric will become a necessity before long. The confluence of these forces and more mean the best time to electrify your fleet is now.

Electric vehicles are carbon-efficient and cost-effective

Beyond the carbon emissions required to produce the car, electric vehicles do not emit CO2, making them an environmentally friendly alternative to internal combustion engine vehicles. Their life-cycle emissions pale in comparison to those of an internal combustion engine vehicle, even when accounting for the highly greenhouse gas-intensive minerals sometimes required of them. California is a leading state when it comes to acknowledging and acting on this reality. As of January 1, 2023, CA Senate Bill 1 bans all diesel semi-trucks weighing over 14,000 pounds and built before 2010 from driving on California roads. The Western States Trucking Association estimates that around 40,000 trucks in the state are older than 2010, meaning many small trucking companies need to make upgrades now, or risk losing their vehicles’ registration. The state is taking things even further in 2035, when all new passenger and light duty trucks sold will need to be electric.

Thanks to the variety of incentives available across the US, in addition to the federal support recently implemented as part of the Inflation Reduction Act (IRA), electric vehicles are now an economic choice for both individuals and businesses alike. With upfront rebates like the $7,500 IRA electric vehicle rebate, and extra benefits like state sales tax exemptions, consumers can get electric vehicles for largely reduced prices.

The savings go beyond the initial sticker price, however - study after study has shown that on a monthly basis, electric vehicle drivers can save upwards of $200 as compared to their internal combustion engine vehicle-driving peers.

Fleet electrification for the business owner

With all of this said, business owners with vehicle fleets need to consider the switch to electric as soon as possible. With states across the country offering a variety of incentives to purchase or convert their vehicles to electric drivetrains, and plenty of innovative companies offering conversion services or DIY kits, business owners have all the resources they need to electrify their vehicle fleets.

Charge your fleet with onsite solar and storage

Your new electric vehicle fleet will need power, and what better way to lock in fuel prices than with an onsite solar and storage system. By installing a solar energy system, you can rely on consistent energy costs for charging your fleet, and avoid the price fluctuations that come as a result of a volatile energy market. Pair that solar system with energy storage, and you have a backup source of energy for those cloudy days. An onsite solar and energy storage system can drive your fleet electrification savings through the roof, and even support the rest of your operations when you aren’t fueling up your fleet.

Our holistic approach

Bryan360 Renewables understands that every business operation has unique needs, especially when it comes to those with vehicle fleets to manage. From charging your fleet with solar energy, to feeding back into your energy storage system, energy consumption and efficiency plays a driving role in how much profit you turn every month. Promise’s holistic approach to energy is what differentiates us from the crowd, and you can count on our energy experts to custom-design a system to meet the unique energy needs of your business.

Ready to see how you can help support your business with solar and storage? Contact Bryan360 Renewables at info@bryan360renewables.com for a complementary evaluation.

At Bryan360 Renewables, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.

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]]>Holistic Energy Efficiency: Fleet ElectrificationKathleen GillTue, 14 Feb 2023 15:52:03 +0000https://promiseenergy.com/news/onsite-energy-a-secret-weapon-for-cannabis-growers610f8a44fee1111102956885:619570bc75a0ea503ab7e9fe:63ebadab605daf447ce77efc

Cannabis costs: higher than ever

The cannabis market in the US is projected to reach a value of $57 billion by 2030. Although there is a lot of money to be made, there are also plenty of costs for growers to deal with before their bud makes it to a bong. Energy costs alone result in indoor cannabis operations spending as much as $2,500 to produce a single kilogram (2.3 lbs) of marijuana. Plus, the combination of the amount of energy required, rising energy prices, and demand charges - not to mention the taxes on the cannabis itself - ends up amounting to even more.

All of this doesn’t even include an operation’s carbon footprint. Although the average cannabis farm’s carbon emissions vary greatly by location, even the lowest emissions in Southern California amount to 143 pounds of CO2 per ounce of Cannabis. By installing efficient onsite energy systems, like solar, storage, and Combined Heat and Power (CHP), growers can get a leg up on the increasingly competitive and energy intensive cannabis industry. 

An uncertain future

As a blossoming industry, indoor cannabis cultivation faces a lot of uncertainty in future regulations, tariffs, and market trends. With California’s state tax already costing growers 30%, any additional federal tariffs could certainly drive some operations out of business. But, if (and when) the federal government legalizes cannabis, a 25% excise tax is likely to be leveraged on top of pre-existing state taxes. In California, that could raise effective tax rates to as much as 39%. In addition to a cannabis excise tax, the federal government could eventually follow many local governments in establishing a cannabis energy-use tax, like in Boulder County, Colorado. Boulder County mandates that growers use renewable energy, or pay a $2.16 charge per kilowatt-hour. These already-high costs are likely to become even more expensive, meaning hesitation to act on energy efficiency upgrades will cost growers now, and even more in the long run.

While the federal government continues to consider legalization, energy costs will continue to rise, burning through potential profits. Growers who act now and install onsite solar, storage, and CHP are sure to reduce operational costs and lock in a competitive edge in a market likely to see more regulation and tax exposure.

Onsite energy generation to the rescue

Indoor cannabis operations that have the opportunity to install onsite renewable energy stand to save a lot of money, and greatly reduce their carbon emissions. A cannabis farm is incredibly energy intensive, considering the number of lamps, heaters, and ventilation systems working to keep the plants happy and healthy. In fact, a cannabis operation growing 20-25 plants requires as much as 15 kWh of electricity per square foot every month. With 100,000 square foot operations becoming common across the country, that means some cannabis operations use as much electricity as 1,700 homes per month! These energy-consumption rates fluctuate with the plants’ growing phases, so that value can go even higher! By drawing electricity from a renewable source, like a solar array, growers can lock in their energy rates and avoid costly price increases. Plus, with an added storage system, you can reduce those demand charges that oftentimes make up more than half of your bill.

In addition to saving on the cost of energy itself, growers benefit from solar and storage by avoiding the need to purchase carbon credits in order to offset their operations’ emissions.

Promise recently published another blog about the various benefits of solar, storage, and CHP for cannabis growers, which you can read here.

Our holistic approach

Bryan360 Renewables understands that every farming operation has unique needs, especially when it comes to indoor operations. From heat lamps, to irrigation systems, to ventilation, energy consumption and efficiency plays a driving role in how much profit you turn every month. Promise’s holistic approach to energy is what differentiates us from the crowd, and you can count on our energy experts to custom-design a system to meet the unique energy needs of your indoor farm.

Ready to see how you can help support your business with energy upgrades? Contact Bryan360 Renewables at info@bryan360renewables.com for a complementary evaluation.

At Bryan360 Renewables, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.

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]]>Onsite Energy: A Secret Weapon for Cannabis GrowersKathleen GillWed, 25 Jan 2023 17:13:19 +0000https://promiseenergy.com/news/s-the-sun-is-high-and-so-am-i-pairing-solar-with-your-indoor-cannabis-farm610f8a44fee1111102956885:619570bc75a0ea503ab7e9fe:63d161bd6baf9b7eddc925ab

The cannabis market today and tomorrow: How much higher can it get?

With the cannabis market in the US currently projected to top $57 billion by 2030, there is plenty of opportunity for growers to increase their profits and expand their operations. That figure grows to $72 billion if the states that appear ready to legalize marijuana do so. That means producers will see a lot of demand - and will have to grow a lot of weed. As many agricultural professionals know, a huge portion of costs comes from energy use, and cannabis cultivation is no exception. While an average 2,400 square foot house uses about 900 kWh of electricity every month, an indoor cannabis farm huffs a bit more than 360 kWh for every 25 square feet! That means that if your house were to be a cannabis farm, your monthly energy usage would be 86,000 kWh or the equivalent of almost 100 homes! Indoor cannabis farmers are seeing energy costs as high as $2,500 per kilogram produced. In order for these farms to continue their growth, they’ll have to cope with energy costs higher than their customers. By installing onsite generation sources such as combined heat and power (CHP) and solar, and pairing it with a battery storage system, indoor farming operations can both mitigate their energy costs, eliminate their dependance on an increasingly unreliable grid, control and manage their long term energy costs and lessen their carbon footprint. 

Solar

Solar systems are incredibly effective tools for lowering your electricity costs. Plus, strong legislative support for solar has made it more affordable than ever, with incentives and grants available across the country. For the cannabis cultivator with heat lamps and ventilation systems, a source of onsite electricity can be a game-changer. That’s because once your solar system is installed, your electricity rates are guaranteed, and while your competitors’ bills grow larger, your savings only do the same. In fact, in states with net metering programs, you can even earn money on the electricity you don’t use, by exporting it back to the grid for an exchange rate. Or, if you want to save that electricity for later, you can pair a battery energy storage system with your solar system. That way, you have the added flexibility and resiliency of an energy bank, and potentially greater savings.

Storage

If there ever comes a time when your indoor farming operation isn’t using all of the electricity your solar system is producing, a battery energy storage system can store that electricity for later. This bank of energy can be a crucial cost-cutting resource for operations in regions with high utility costs. In addition, the energy storage system, when sized accordingly, can also be used for back-up power to essential loads during a grid outage.

THC and CHP: Best Buds

If your facility consumes a lot of energy around the clock or has a consistent base load, a combined heat and power system may be your best solution. This kind of energy system can significantly reduce monthly demand charges and utilize excess heat to produce even more electricity for your building. For growers worried about operating as efficiently as possible, a CHP system can improve your building’s energy efficiency to as much as 80%, compared to 50% efficiency in conventional systems. So, in an environment like a warm, humid indoor cannabis farm, these systems make perfect sense.

Bryan360 Renewables understands that every farming operation has unique needs, especially when it comes to indoor operations. From heat lamps, to irrigation systems, to ventilation, energy efficiency plays a driving role in how much profit you turn every month. Promise’s holistic approach to energy is what differentiates us from the crowd, and you can count on our energy experts to custom-design a system to meet the unique energy needs of your indoor farm.

Ready to see how you can help support your business with energy upgrades? Contact Bryan360 Renewables at info@bryan360renewables.com for a complementary evaluation.

At Bryan360 Renewables, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.

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]]>Solar Power For Indoor Cannabis Farms: A Sustainable SolutionKathleen GillThu, 08 Dec 2022 18:41:12 +0000https://promiseenergy.com/news/seize-the-daylight-the-renewable-revolution-is-here610f8a44fee1111102956885:619570bc75a0ea503ab7e9fe:63922b2d474ce774494be0cc

A green strategy is now the gold standard

In the past, eco-friendly business models occupied a niche world, but they are becoming the standard in today’s economy. Historically, renewable investments saw massive upfront costs and lengthy payback periods, which made project economics hard to stomach for many businesses. But the scales have been tipping over time, and now - especially after the passage of the Inflation Reduction Act (IRA) - investments in renewable energy and energy efficiency are the smart long-term business strategy.

Beyond bottom lines and project economics lies a greater advantage to investing in a sustainable future: it signals to your stakeholders and customers alike that your leadership possesses the vision and foresight to adapt to our changing economic environment.

Forward pressure from all sides

Today, there is global momentum towards a green economy (ECO-nomy, anyone?). Around the world, directives like the US SEC’s Enhancement & Standardization of Climate-Related Disclosures and the EU Council’s Corporate Sustainability Reporting Directive have put pressure on businesses to account for and regulate their climate impacts. Not only that, 1 in 3 dollars of assets are now invested in ESG strategies, and as much as 72% of investors say they are increasing their portfolio ambitions on ESG outcomes. Plus, with rising energy prices and an increasingly unreliable grid, energy resiliency is becoming more and more of a business necessity. Now that the course is set, companies can either respond, or fall behind. CEO of Schneider Electric, Jean-Pascal Tricoire, says, “Just use common sense.”

Under the pressure of this evolving market, and with the support the IRA has offered to companies looking to transition to renewable energy, the ball is in business leadership’s court.

An eco-business model is an effective business model

Businesses that adapt to these trends will secure the success of a sustainable future. 7 in 10 companies that prioritize sustainable product strategies see increased employee engagement, customer satisfaction, and revenue growth.

One of the most effective ways to capture the momentum of this evolution is to support your business with a solar energy and battery storage system. Businesses with solar energy systems typically see reductions of around 75% in utility bill costs. Not only do solar energy systems reduce operational costs, they support your business’ energy resiliency in the face of soaring energy prices and increasingly frequent grid outages. Plus, taking this action signals to stakeholders that the company is committed to sustainable operations.

Whether from a rooftop system or a solar carport, sourcing your business’ energy from the greatest renewable energy source - the sun - is a brilliant long term investment. Not only are you capitalizing on a sustainable energy source, you are lessening the impact your company has on our changing climate. With the incentives provided by the IRA and the financial support many states offer, installing a solar energy and battery storage system finally pencils out. As the economics of renewable energy systems continue to improve, payback periods keep shortening, helping businesses to lock in their energy costs quicker and quicker.

Capitalize on the new green economy with Bryan360 Renewables

If your leadership is ready to take advantage of the new green economy, now is the time to commit to our shared sustainable future. Federal incentives, confident markets, and eager consumers are all pointing businesses towards investments in ESG and energy efficiency. Working with a qualified and accomplished team of professionals is a crucial part of determining where your business can join the renewable revolution. Reach out to the Promise team and request your complimentary energy analysis. Our energy experts will guide you through our comprehensive approach, and ensure you have all the information you need to make an informed decision.

Ready to see how you can help support your business with energy upgrades? Contact Bryan360 Renewables at info@bryan360renewables.com for a complementary evaluation.

At Bryan360 Renewables, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.

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]]>Seize the Daylight: The Renewable Revolution is HereKathleen GillMon, 21 Nov 2022 19:23:09 +0000https://promiseenergy.com/news/guard-your-business-against-a-recession-with-solar-storage610f8a44fee1111102956885:619570bc75a0ea503ab7e9fe:637baf34607201425e4ca88d

Guard your business against a recession with solar & storage

As inflation hovers around historic highs, and the Fed continues to raise its interest rates in an effort to stifle it, more and more economists believe the U.S. is headed for a recession sometime early next year. Depending on how you define a recession, the economy is technically already receding, with two sequential quarters of declining GDP. However, a whirlwind of economic and geopolitical factors have many thinking that the real problems are yet to come: Prices rise, companies are forced to cut fat, and people lose their jobs.

How can you guard your business against the drains that open when a recession hits? There is an effective, simple buffer to help your company stay afloat now – and set it up to flourish in the future: reduce inflationary operating expenses with onsite solar and battery storage. 

The Sun: A stable source of savings

An onsite solar system can reduce or eliminate your business’s exposure to rising electricity rates. Once installed, your business’ daytime electricity costs are locked in anytime your system is producing energy; in fact, the higher electricity rates go, the more your savings grow with solar! This frees up capital for your business in the immediate term, helping you to cover all of your other expenses. For businesses that have a monthly nut to crack, this can be a game-changer - especially if you can use the extra cash for your 24/7 operations, like nighttime power, or all-day refrigeration.

Compound your economic defenses with battery storage

To ensure you maximize the value of your solar system, we often recommend adding battery storage. In doing so, any solar energy that is not immediately consumed by your facility is stored, and later discharged to offset peak energy events that would otherwise trigger costly demand charges. If your business consumes energy outside of daytime hours when solar is plentiful, the stored energy can also offset loads that occur at night, further reducing your facility’s exposure to rising electric rates. With inflation impacting energy, costly demand charges that can represent more than 50% of your utility bill, and an increasing need to be protected from grid outages, there isn’t a better combo than battery storage and solar - they go together like peanut butter and jelly.

If you’ve been considering energy upgrades, there has never been a better time to explore your options. Government incentives are at an all time high, energy costs are skyrocketing with no end in sight, and the race is on to reduce our collective carbon footprint while becoming more energy resilient. There are even 100% financing options that offer savings on day one. 

To that end, reach out to the Promise team and request your complimentary energy analysis. Our energy experts will guide you through our holistic systems approach, and ensure you have all the information you need to make an informed decision. 

Ready to see how you can help support your business with energy upgrades? Contact Bryan360 Renewables at info@bryan360renewables.com for a complementary evaluation.

At Bryan360 Renewables, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.

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]]>Guard Your Business Against A Recession with Solar & StorageKathleen GillTue, 04 Oct 2022 20:41:25 +0000https://promiseenergy.com/news/standalone-storage-gets-in-the-game610f8a44fee1111102956885:619570bc75a0ea503ab7e9fe:633c8fc689b9624d07f5b0db

The Inflation Reduction Act

The recent signing of the Inflation Reduction Act (IRA), the United States’ largest investment in climate tech and green energy, has breathed new life into the renewable energy industry. Amongst the massive provisions made for other technologies is a revolutionary extension of the federal Investment Tax Credit (ITC) to standalone battery storage systems. Previously, a storage system only qualified for the ITC if it was paired with and charged almost exclusively from a solar system. Because of this, battery energy storage economics simply weren’t good enough for many businesses trying to meet their bottom line.

Under the IRA, standalone storage systems are now eligible for the 30% ITC, which means you can write off up to 30% of your system cost. Now, even if you don’t have the roof space or cannot otherwise invest in onsite solar, your facility can still benefit from the flexibility and responsiveness of standalone energy storage. Wondering how this provision enables your business to eliminate its highest energy costs while also providing some energy resilience? 

In this article, we break down the benefits of storage now accessible to millions of businesses across the country. 

How do solar and battery storage systems work together? 

As you might already know, an onsite solar system offsets your business’ energy costs by generating clean energy from sunlight. So rather than consuming from the utility grid, you consume solar energy. But what happens when the clouds roll in or the sun goes down? That’s where energy storage comes in.  When solar generation is insufficient, your battery is discharged to make up the difference. Conversely, if your solar system ever produces more than the facility consumes, it is stored in the battery to be used when you need it.  As you can see, battery storage ensures the value of your solar is maximized, further reducing your electric bill. 

Standalone Storage - The New ITC Player

Until the passage of the IRA, energy storage systems were only eligible for the 30% ITC if they were paired with a solar system. Because of this, battery energy storage economics simply weren’t good enough for many businesses trying to meet their bottom line. The expansion of the ITC changes that by directly reducing the cost of a storage system by almost one-third of its sticker price. Now, even if you don’t have the roof space or cannot otherwise invest in onsite solar, your facility can still benefit from the flexibility and responsiveness of standalone energy storage. Here are some ways your storage system can help your business save money: 

Peak Shaving: Energy storage is one of the best tools out there to combat costly demand charges. A demand charge is a component of your utility bill that is based on your business’ peak electricity usage, which can account for up to 70% of your monthly bill. In fact, your demand charges may be costing you tens of thousands of dollars on a monthly basis. A battery reduces demand charges by charging itself when demand is low,  and discharging electricity when demand is high. This is referred to as “peak shaving,” as the battery is actually shaving your peak usage - reducing those costly energy spikes that lead to high energy bills. 

Load Shifting: Just as an energy storage system can enable you to use your produced solar energy at times when the sun isn’t shining, a standalone storage system can charge during times of low-cost energy and discharge during “peak” hours when utility prices are the highest. Facilities can strategically reduce operational costs every day with this simple energy arbitrage.

Back-up Power: Suppose you are a business owner in a disaster-prone area, like many dry and coastal regions are nowadays. Standalone storage can temporarily power your facility’s essential operations when the grid goes down, helping you avoid expensive delays, spoiled products, employee health and safety risks, and other hazards of operational downtime.

Save With Storage Now

Now that the 30% ITC has been expanded to include standalone storage systems, the door is open to many businesses who otherwise would not have been able to benefit from an energy storage system. And with a standalone storage system supported by the ITC, you can charge up now to power up later. 

Ready to see how much you can save with storage? Contact Bryan360 Renewables at info@bryan360renewables.com for a complementary evaluation.

At Bryan360 Renewables, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.

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]]>Standalone Storage Gets in the GameKathleen GillMon, 12 Sep 2022 20:24:54 +0000https://promiseenergy.com/news/ira-for-solar-storage-and-chp610f8a44fee1111102956885:619570bc75a0ea503ab7e9fe:631f866b66ca452f4a50bfd1

The Inflation Reduction Act

After nearly two years of back-and-forth, congressional Democrats have struck a deal to put forth the largest investment in climate change action in history, putting solar energy for businesses back in the fast lane. The Inflation Reduction Act, which was signed by President Joe Biden on August 16th, invests nearly $369 billion in energy security and climate measures, from both consumer rebates and manufacturing credits, to loans for the Department of Energy. Wondering how your business could reap the benefits of this historic bill? This article outlines the IRA’s planned initiatives in solar, energy storage, and energy efficiency - and what that means for your next energy upgrade. 

Commercial Solar Provisions 

The Federal Investment Tax Credit (ITC)

The original flagship policy of the solar industry is the federal Investment Tax Credit (ITC), which lowered upfront costs, improved ROI by speeding up solar’s payback period, and spurred a true market boom. The ITC for commercial solar, which was slated to sunset in 2024, has been extended to 2025, and upped to 30% of the cost of installation. For those systems producing more than 1 megawatt (MW), certain hourly wage and benefit standards must be met, and a certain percentage of the workforce must consist of apprentices to qualify for all 30% of the credit. These standards must be upheld for 5 years following the start of service. Otherwise, the credit baseline stands at 6% of the cost of installation. The ITC provisions also encourage domestic manufacturing by providing credit adders for domestically-produced components. In fact, if all of the adder stipulations are met, the ITC could be worth 50%.

The ITC’s continuation after 2025 is dependent on the electricity sector’s emissions reductions. Essentially, the credit is valid for seven years following 2025, or until the electricity sector has seen a 75% reduction in emissions from 2022 levels. This updated timeline creates more long-term financial certainty for businesses looking to go solar, which stands out in our uncertain economic climate. 

The Federal Production Tax Credit (PTC)

Whereas the ITC is for the installation of solar systems, the Production Tax Credit is for the actual energy produced by renewable energy systems. Previously phased out in 2006, the PTC for solar energy has been reinstated in the IRA, meaning that energy produced through via commercial solar systems is eligible for the PTC. As it stands, the PTC is $0.026 per kWh, and rises with inflation. For a system to qualify, the same hourly wage and benefit standards as in the ITC apply, as well as the apprentice workforce stipulation. However, for the PTC, these standards must be upheld for 10 years. Those who install commercial solar can opt to receive either the ITC or PTC. 

Credit Transferability

Previously, only large institutions with the means to finance these projects could invest in renewable energy. Now, smaller companies can transfer both ITC and PTC tax credits, which opens the door to smaller projects being financed via credit transfers. This means great things for smaller-scale commercial solar, which has historically struggled to attract the support of large institutional investors.

Projects that deliver long-term value can often be delayed or deprioritized due to budget constraints, especially if they have a high price tag. By removing the upfront cost barrier, on-bill financing enables you to secure energy projects that pay for themselves through lasting operational savings. This frees up your capital to manage other priorities, which is especially helpful in uncertain times. Plus, any surplus savings from your energy project can also be allocated to address deferred maintenance projects or other unfunded capital improvements. 

Direct Pay Option

The IRA takes the renewable energy tax credit system further by implementing a “direct pay” option. Essentially, this election option allows the individual to write off the credits they would have received under the ITC or PTC as taxes they paid. This allows them to collect the monetary value of these credits as refunds. 

A Big Win for Energy Storage

As an emerging technology, energy storage has thus far been largely left out of impactful policy. But did you know that energy storage can dramatically expand the capacity of a solar system? An energy storage system basically functions as a well for electricity, consuming the excess from your system, and distributing it when called upon. Included in the Inflation Reduction Act is an important provision for energy storage, in the form of the new, expanded ITC.

The Federal ITC for Energy Storage

Previously, in order for the cost of an energy storage system to qualify for the ITC, it had to be connected to a qualifying energy system. Under the Inflation Reduction Act, standalone energy storage systems now qualify for the same 30% tax credit that solar energy systems do.

Energy Efficiency Upgrades

Energy efficiency can have huge impacts on your bottom line. You might be wasting money on powering an inefficient air conditioner, or losing heat through poorly insulated windows. While investing in new equipment might sound costly upfront, they provide major savings down the line. The Inflation Reduction Act also does a lot for building energy efficiency, in the form of tax credits and rebates for consumers. In some cases, the credits could even amount to the new equipment’s entire cost. 

What often goes overlooked in discussion of the new ITC is its extension to apply to combined heat and power systems. Under the upgraded and extended ITC, CHP systems can benefit from a 30% tax credit on systems used to heat and cool buildings.

Consumers can benefit from up to $8,000 for a heat pump for heating and cooling, and up to $1,700 for window insulation to keep that warm or cool air in. For those looking to retrofit as opposed to going with new equipment, there is $2,000 available for improvements that save 20% or more energy, and as much as $4,000 if that efficiency improves by 35% or more. Unsure of where to begin, you can utilize the bill’s $150 stipend for an energy audit, to determine where best to put your money.

These energy efficiency credits are available for customers to use multiple times, too! This means that you can make one upgrade one year, and another the following year. 

Big Changes for a Growing Industry

Overall, the Inflation Reduction Act provides a lot of money for solar energy installation and production, energy storage, and energy efficiency. For those looking to install solar on their commercial premises, the extended and upgraded ITC provides a major launching pad. Standalone storage also becomes a viable option, whereas previously it was only affordable to most if it were included in the installation of a solar system. Building energy efficiency also gets a slice of the pie in the form of consumer rebates for efficiency-improving equipment. 

Ready to see how much you can save with solar and storage? Contact Bryan360 Renewables at info@bryan360renewables.com for a free evaluation.

At Bryan360 Renewables, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.

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]]>IRA for Solar, Storage, and CHPKathleen GillThu, 04 Aug 2022 19:21:42 +0000https://promiseenergy.com/news/free-up-capital-and-reduce-risk-with-on-bill-financing610f8a44fee1111102956885:619570bc75a0ea503ab7e9fe:62ec1372293e1c553937a623

Free up capital and reduce risk with on-bill financing 

Supply chain issues. Inflation. COVID-19. The economy is flooded with uncertainty right now and it feels especially risky to spend money on new investments. At the same time, operational costs are becoming increasingly burdensome for businesses as electricity rates continue to rise. Since 2013, California investor-owned utility Pacific Gas & Electric (PG&E) rates have increased by a painful 37% - and they’re only going to keep going up. 

Energy efficiency measures and onsite energy generation can significantly reduce operational costs while protecting facilities from high utility rates, but though these projects typically offer a two- to five-year payback, they come with a high upfront price tag. So how can businesses implement projects that reduce operational costs without taking on undue risk? 

The answer is in “on-bill financing,” a unique financing structure that enables businesses to fund onsite energy projects that reduce long-term operational costs, off-balance sheet with zero capital outlay. 

What is on-bill financing?  

Typically, energy projects are funded like any other new equipment investment: with a cash purchase or a lease-to-own contract. But while energy efficiency and renewable projects can provide significant long-term savings, the standard purchasing methods require upfront capital that can be burdensome for companies that want to hold onto their cash and avoid adding liabilities to their balance sheet. 

On-bill financing frees businesses from the burden of providing the upfront capital needed to invest in energy projects, and as we'll explain below, can even free up capital. Through this financing structure, your local utility provides the capital needed to pay for your energy project. Your project costs are simply added as an operational expense line item in your monthly utility bill - but these costs are offset by the utility savings generated by your project, meaning your bill doesn’t increase. What’s more, your utility works with pre-approved contractors to ensure quality work and timely project completion, so there’s truly no heavy lifting - financial or otherwise - needed from your business. 

It’s important to note that on-bill financing is not a type of loan or a lease. Even though your utility funds the project upfront, your business owns all purchased systems and equipment - without adding a cent to your balance sheet. 

What are the benefits of on-bill financing? 

With on-bill financing, your business not only enjoys increased energy savings, but also unlocks system ownership tax benefits that further improve your return on investment. Even better, you address operational needs while freeing up valuable capital that can be used for other necessary business investments. 

Free up capital for other business needs 

Projects that deliver long-term value can often be delayed or deprioritized due to budget constraints, especially if they have a high price tag. By removing the upfront cost barrier, on-bill financing enables you to secure energy projects that pay for themselves through lasting operational savings. This frees up your capital to manage other priorities, which is especially helpful in uncertain times. Plus, any surplus savings from your energy project can also be allocated to address deferred maintenance projects or other unfunded capital improvements. 

Access tax incentives without spending money 

Because you own all project equipment, your business qualifies for all available tax incentives without any cash outlay. For example, the federal solar Investment Tax Credit (ITC) provides a 26% tax credit for the cost of a solar system installed in 2022, which essentially translates to a 26% discount. Solar and other technologies can also qualify for Modified Accelerated Cost Recovery System (MACRS) accelerated five-year depreciation, which reduces your tax liability and increases your project’s return on investment. 

For example, for an integrated energy project that costs $1 million dollars, you could benefit from a $260,000 solar ITC and roughly $270,000 in state and federal depreciation, depending on your tax rate and placed-in-service date. For many cases, your tax benefits could amount to a total of more than 50% of your gross costs. 

Secure long-term energy savings from day one 

Because the project’s upfront cost is paid for by your utility, your business essentially receives off-balance sheet funding to invest in necessary energy upgrades. And energy projects don’t just improve operations; they generate savings from day one through improved energy efficiency measures or onsite energy generation. These savings cover your project costs, so you stay cash flow positive throughout the life of the system.

Unlock capital with on-bill financing

For most aspects of business, the old adage “You’ve got to spend money to make money” rings true. To reach new customers, boost your sales and marketing budget. And if you want to reduce energy costs, you typically need to invest upfront capital for new energy projects. With on-bill financing, however, you can immediately access energy savings and free up capital with no financial outlay, completely off-balance sheet. 

Want to learn more about how on-bill financing can free up capital for your business? Reach out to Bryan360 Renewables at https://promiseenergy.com/contact for your complimentary energy consultation. 

At Bryan360 Renewables, we don’t believe that one size fits all. We pride ourselves in designing and installing customized energy solutions that provide the greatest long-term value and energy control for our customers.

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