While the Inflation Reduction Act offers incentives on the federal level, many local jurisdictions provide additional storage incentives when storage is paired with solar – including property tax reductions, performance payments, or additional solar renewable energy credits. . While the Inflation Reduction Act offers incentives on the federal level, many local jurisdictions provide additional storage incentives when storage is paired with solar – including property tax reductions, performance payments, or additional solar renewable energy credits. . Across sectors, commercial and industrial facilities are benefiting from the implementation of renewable energy generation, storage, and energy eficiency projects. Despite the potential for these projects to reduce onsite energy consumption, build resiliency, and lower operational costs in the long. . Solar panels and battery storage offer substantial benefits to the grid and energy users, enabling organizations to access incentives for cost savings and revenue generation – all while advancing their decarbonization strategy. To grasp financing for zero-capital solar and battery projects, we must. . There are a growing number of financing mechanisms that can be leveraged to fund these projects. In this fact sheet from Better Buildings, review six steps that introduce organizations to a general process to contextualize the many different financing options, ultimately facilitating an informed. . Performance-Based Contracts Performance-based models, such as energy-as-a-service (EaaS), shift the financial burden from upfront capital expenditures to operational expenses. The rapid adoption of clean energy, such as solar, wind, and hydropower, is the key to decarbonizing energy systems and limiting global warming.
