LOS GATOS, CALIF. JANUARY 15, 2018 Adara Power, a privately-held Silicon Valley company committed to providing safe, reliable, intelligent, and connected energy storage, will introduce its new commercial and industrial energy storage solutions at the California Solar Energy Industries Association (CALSEIA) Contractor Day, January 25th in San Diego. Adara Power will lead the discussion on commercial energy storage applications and discuss the significant financial opportunities with the California Self Generation Incentive Program (SGIP).
CALSEIA’s Contractor Days are California’s premier training events that bring together contractors, developers and EPCs, with thought leaders in the manufacturing, system development, and services sectors. Training topics include smart inverters, energy storage technologies, electricity tariffs related to energy storage and permitting.
Adara Power is one of the leading manufacturers in the SGIP program, with energy storage systems deployed in all major utilities in California. The SGIP program can pay up to 50% of the cost of a typical project. Adara Power guides contractors, developers and end-customers through the complex process to successfully fulfill the program requirements with an accelerated timeline. Adara Power solutions reduce costs across a spectrum of today’s electrical markets, designed to counter high demand charges and time-of-use rates, while also qualifying for SGIP program, the federal investment tax credit (ITC) and new accelerated depreciation introduced with the recent tax reform bill. Adara Power clients realize short payback periods, while also benefitting from the added resiliency of backup power and sustainable renewable power.
Adara Power commercial and industrial solutions are deployed on the customer side of the meter and range in size from 30kW | 65kWh to 1MW | 2MWh. Return on investment varies based on electricity tariff schedule and site electrical usage. Adara Power provides up-front bill modeling and design support for contractors, developers and EPCs and acts as their in-house subject matter experts in battery technologies.
Ideal end-customer attributes are:
- High on-peak demand charges, greater than $12/kW
- Substantial energy use in the evening peak periods
- Minimum electricity bill of $3000 per month
- Resiliency needs for important back-up loads
Renewable energy installers can also join the Adara Partner Program at http://www.adarapower.com. The Partner Program is designed to rapidly launch medium and large regional solar installers into the energy storage market, supplementing their solar installations and providing sales and installation training for the Adara Power solutions.
About Adara Power
Founded in 2013, Adara Power is committed to providing safe, reliable, intelligent, and connected solar energy storage for commercial and residential renewable energy. Adara Power’s Energy Storage Solutions are designed to support consumer self-consumption and enable a resilient, renewable energy grid in order to power a cleaner, sustainable planet. For more information, visit http://www.adarapower.com and follow us on Twitter: @adarapower.