The Value of Solar Operations & Maintenance (O&M)

Suntility Solar Field“Solar plants are first and foremost financial assets. There are risks to overlooking that they are financial assets.” – Cedric Brehaut of SoliChamba author of the Greentech Media Research report ‘Megawatt-Scale PV Plant Operations and Maintenance’ quoted in a recent SolarPowerWorldonline.com article.

Solar is like any other investment. It has an inevitable amount of servicing and attention required to ensure it is performing properly and so that the owner of that asset is in the strongest position possible at the best value. Striking the proper balance between proactive maintenance of your solar array and light touch servicing is key to maximizing financial returns. As the initial grants, accelerated depreciation and tax credits of a system are realized the investment result is ultimately determined by the solar installation’s production. The net metering credits and solar renewable energy certificates (SRECs) drive future returns, especially in Massachusetts. System down-time, surprise maintenance issues and equipment malfunctions are all counter to production. The strong combined value of SRECs and net metering credits should only focus thoughtful owners more on how well their system is producing and what they can do to ensure consistent performance. In fact that was one of the policy goals when the SREC and net metering programs were designed – to focus owners on generating as much solar energy as possible as economically as possible. That result is the goal and constant aim of Suntility as well. To learn more about how we can work with you to optimize your solar facility reach out to us for a free consultation.

Suntility is your trusted partner in success. Suntility provides renewable energy maintenance services, utility credit services, owner’s agent services and consulting solutions to optimize facility reliability, performance and value.

To learn more contact us at 508-566-6322