Does Station A account for the various state and federal clean energy incentives in its estimates?

We account for various relevant federal and state clean energy incentives in our clean energy project recommendations. The list of incentives and subsidies included within the Station A platform evolves with the needs of the market.

At the federal level, we account for the Investment Tax Credit (ITC) for solar and solar plus storage solutions. We model a 30% ITC for all solar projects based on current federal policy and assume that the ITC applies to both the solar and the battery when they are sited together. 

At the state level, we incorporate available Solar Renewable Energy Credits (S-REC). In CA, we also account for the Self-Generation Incentive Program (SGIP) and apply a $250/kWh subsidy to the cost of the battery (not solar) when paired with solar, and a $350/kWh subsidy to the cost of a standalone battery. We limit the SGIP subsidy to covering 50% of CAPEX, so in cases where battery costs are < $500/kWh, we assume that SGIP subsidizes 50% of cost. In CA, we also incorporate the new CA NEM 3 policy for exported energy.

In addition, we identify other available incentive programs and designated geographic areas where additional incentive programs may be available. Such programs include the Solar Massachusetts Renewable Target (SMART) Program, and such designated geographic areas include the CPUC designated High Fire Threat Districts, the AB 1550 designated Low-Income Communities, the SB 535 designated Disadvantaged Communities, and the Qualified Opportunity Zones.

If we are not including a specific incentive, please Contact Us to provide more specific feedback.