PROGRAM OBJECTIVE |
On hot summer days (but not during storms or holidays) when electricity demand is highest, Rhode Islander's who allow NGRID to pull defined amounts of stored energy in their connected batteries to meet surging demand are rewarded because grid operators do not have to turn on peaking plants that cost and pollute Rhody the most. |
PROGRAM INCENTIVE |
Customers are compensated 5 years for the average kW they curtail during summer dispatch events. These post summer payouts are based on your system’s performance such as size. NGRID's RI guidance is $1,500/year and EnergySage's estimates $1,800/year saying the payback period for investing in a battery will be about five years from rebates and incentives alone. |
0% FINANCING AVAILABLE
For my solar home, I financed (2) Telsa POWERWALLs for 27 kWh of storage with a 0% Heat Loan from BankFive to be installed this summer before hurricane season with AC inverters required for retrofits. Based on Trinity's guidance one is not enough, which an installed customer of mine confirmed. The gross cost is offset by the 26% Federal Tax Credit (ITC) if installed in 2022 and getting $7,500 to $9,000 over five years, more if extended.
Since joining Trinity in 2018, I have installed 250+ customers which add up to over 2.5 Megawatt of clean energy including my own house at 83 Bassett St, Pawtucket, RI. Come check out my system featured above in the 2020 National Solar Tour for a overview on how grid tied solar in New England works, I service RI, MA and CT .
Objective: To overview how solar net metering works and discuss the best program for your family (Option A: No-Cost Solar PPA/Lease or Option B: Solar Loan-To-Own with the most government incentives to lower your out of pocket cost.
Needed: Your National Grid Electric Bill
Outcome: If you qualify, I email you a Proposal to review with significant others.
Objective: Listen to and address concerns, questions, and when all is good do the paperwork to schedule your install.
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