photovoltaic systems
Photovoltaic systems deliver building or sub-division benefits of fixed priced electricity during peak demand periods when electricity from coal or gas is the most expensive but when photovoltaic systems are combined with battery storage, power resiliency is established and power hedging is achievable. US power utility providers repeatedly endorse investments in photovoltaic systems which also have low maintenance costs compared to other renewable energy systems.
Recently passed legislation has allocated significant funds across the United States (‘US’) with Department of Energy managing various funding sources in solar energy. Threadgold Architecture + Construction maintains professional relationships with grant writers, grant administrators and electrical engineer sub-consultants which can significantly reduce the capital stack for photovoltaic systems investors. The photovoltaic system construction phase is Superintended by Licensed and fully insured Texas and Western Australian Architect Threadgold Architecture + Construction following a traditional design and bid procurement method.
Threadgold Architecture + Construction incorporates the design and sizing of photovoltaic systems in building projects and sub-divisions utilizing patented solar industry software to determine daily power generation and relevant financial data for photovoltaic systems. The practice identifies potential sites during the feasibility stage for clients to maximize project tax benefits.
Photovoltaic systems typically utilize US manufactured photovoltaic panels for maximum tax benefit to investors. Income streams may include; feed-in Tariff via a Power Purchase Agreement at Locational Market Price (“LMP”), Income Tax Credits, Carbon Offsets and Solar Renewable Energy Certificates (“SRECS”). The US government has not formalized SREC trading as other international jurisdictions like Australia but private platforms can be utilized for trading in US jurisdictions. Power hedging income may also be achievable when combining photovoltaic systems with battery storage; which is achieved by importing power into the battery storage from the mains power grid during low demand and feeding into the grid at peak demand.
US States comprise of regulated and deregulated electricity markets so feed-in-tariffs/Power Purchase Agreements (PPA’s) are typically negotiated on various factors such as; location, proximity to market demand and cost of generation by the utility company. The Texas ERCOT grid is not saturated with solar microgrids in comparison to the California market. Through patented software and professional relationships, Threadgold Architecture + Construction liaises with clients to determine the best jurisdictional locations for photovoltaic systems to generate positive cash flow.
