The 2021 Solar Investment Tax Credit (ITC) was scheduled to step down to 22% this year but will STAY at 26%. As part of the $1.4 Trillion federal spending package, the solar incentive stays high for California businesses looking to lower their electricity costs. This means businesses investing in commercial...
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Every year, when the first rains hit Southern California, businesses begin to evaluate their roof needs. Now is a great time to also consider their need to lower electricity bills for 2021. The savings created by commercial solar pays for new roofs that most California buildings need. Highlights: Commercial solar...
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The benefits of commercial solar are well known among California businesses. With more and more business owners investing in solar, the technology is well tested and proven. Harnessing the sun’s free energy to power your building seems like a no brainer so why do some businesses find it difficult to...
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Do you know how much your business spends on energy? Of course, the bills come and it’s a staple in your budget, but all too often businesses just don’t consider the opportunities available to lower that bill. Take a step towards controlling energy costs by understanding how your electricity provider...
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Amid all the uncertainty, our team continues to turn over new commercial solar projects. Revel Energy project managers received several new PTO’s (Permission to Operate) in May alone. Our newest customers will offset their energy usage just in time for summer’s exceptionally high energy rates. The video portfolio posted below...
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California’s electricity customers pay some of the highest rates in the country. So far this year thousands of commercial customers (and millions of residential) have incurred historically high rate increases. Several proposed increases have also been submitted to the CPUC with expectations of their approval. California is expected for summer...
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The Counter-Intuitive Nature of Spending Money to Save Money with Commercial Solar Spending money to save money. The concept seems counter-intuitive, but shrewd business owners understand this very well. Even in boom times, these business owners look to control costs, so when times get tight costs are controlled and manageable. ...
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Tice Gardner & Fujimoto LLP capitalizes on Solar ITC and energy storage SGIP incentives to lower energy costs The Irvine CPA firm knows a thing or two about investment tax credits. When they saw their electricity bills growing, the accounting firm sprung to action investing in solar and energy storage...
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What to expect from IOU’s and commercial solar in 2020 The past year was a monumental year for California commercial solar and Revel Energy. Here’s a recap and what to expect for 2020. Energy Rates 2019 Staying true to the last 20 years, California energy rates rose for commercial customers...
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As 2019 comes to a close, time is running out. Below is an example of one company’s savings after locking in the 2019 ITC 30% Rate (Note: they are also going to have their system in time to save drastically on historically high summer electricity rates). COMPARISON Net Cost w/...
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California Power Outages and Clarifying the Solutions Commercial solar developer, Revel Energy of Irvine CA, has seen a 50% uptick in prospective customers as California businesses look to add resiliency against rolling blackouts and unreliable electricity providers. “The first step to energy independence installing commercial grade solar,” explains Alan Lee, CEO...
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Solar Investment Tax Credits Are Scheduled to Step Down Next Year: What does that mean for your business’ solar project? The federal tax credit intended to incentives US businesses to invest in commercial solar is stepping down from 30% to 26% in 2020. The following years will have steps downs as...
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Electricity prices will continue to rise, 95% of recently surveyed California business owners and operators agree. The question is how fast and how can businesses plan for this growing cost. Revel Energy traced back the average Commercial and Industrial energy costs back to 1990 and data shows an average of at...
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California legislatures are busy trying to manage California’s solar boom. As Sacramento tends to do, when an industry booms, they look to legislate. California Solar Investors received a big win this week with AB 1208 (Ting). The new law provides financial protection for investors. Without AB 1208 (Ting) cities and...
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What is UtilityAPI and how does it help Revel Energy design a commercial solar system? Every business is unique. Even two direct competitors may use their energy very differently. Solar installers and energy solutions providers need as much data as possible about the business’ energy usage so they can accurately...
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Two facts are common knowledge in California. The state is manufacturing less, and electricity costs continue to grow. Revel Energy recognizes this inverse relationship and wanted to dive deeper into the hard number. All data was collected from www.eia.gov and can be looked up by anyone. Since 1990 total electricity...
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FURNITURE RETAILER USES COMMERCIAL SOLAR TO CUT ENERGY COSTS AND ENHANCE CORPORATE IMAGE Mor Furniture in San Diego, CA installed a 269 kW commercial solar system at its San Diego HQ making it their second location to go green with Revel Energy. The new commercial solar pairs well with the...
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There is a reason why top businesses like Apple, Google and Target are investing in commercial solar for their brand. Commercial solar is more affordable than ever. With performance and marketability at an all time high, the most recognizable brands across the US are adopting solar at record rates. SEIA...
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THE CASE FOR CRE PROPERTY OWNERS & MANAGERS INSTALLING COMMERCIAL SOLAR ON A TRIPLE NET (NNN) LEASE BUILDING California utility costs continue to rise. The state’s Investor Owned Utilities (IOU’s) outpace the rest of the US in electricity price growth and shift time of use to increase profits and pay...
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Agricultural and commercial utility customers are experiencing much higher electricity bills this summer; in many cases without using more electricity. Summer rate hikes are taking a toll on California farmers and businesses. You may be wondering why your electricity bill is much higher lately. Even if you’re not using more...
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CORPORATE BUSINESS PARK IN IRVINE OFFSETS ELECTRICITY COSTS FOR OFFICE BUILDINGS WITH COMMERCIAL GRADE SOLAR Landlords of Full Service Gross Leases increase Net Operating Income by supplementing power bills with sustainable solar power. Corporate Business Park in Irvine is one of many office parks to capitalize on these savings. Comprised...
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GASKET MANUFACTURER USES commercial solar installation TO CUT ENERGY COSTS AND FURTHER GREEN INITIATIVE West Coast Gasket Co. manufactures specialty gaskets and other metal products at their Brea, California location. This industry leader is using their commercial solar installation to lower its operating costs and electricity usage. More than just...
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The Solar Investment Tax Credit helps businesses make commercial grade solar and other renewable technologies more affordable. The current 30% rate is scheduled to decline slowly over the next 2 years and settling at one-third the existing rate in 2022. Current: 30% ITC 2020: 26% ITC 2021: 22% ITC 2022: 10% ITC...
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California CRAFT BREWERS USE commercial ROOFTOP AND CARPORT solar TO CUT OPERATING COSTS Golden Road Brewing is saving electricity and going green with rooftop and carport solar at their Anaheim Brewery location. California craft brewers are blazing trail for other brewers to think renewable energies when it comes to creating...
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More new construction of industrial buildings for Greater Los Angeles. As vacancy rates remain low, Trammel Crow, partnered with Clarion broke ground on the next phase for the Center at Needham Ranch. Construction will include over 400,000 sq. ft of Class A Industrial Buildings. Located in Southern California, these buildings...
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Tariff increases are coming for California agricultural exporters. Two of California’s largest exports, Almonds and Walnuts are in line for tariff increases. China State Council Customs Tariff Commission announced their plan for agricultural imports. How will this effect California Farmers? With operating costs registering at some of the highest in...
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This week the American Society of Civil Engineers (ASCE) released their 2019 California Infrastructure Report Card. The Energy sector scored the lowest grade with D-. The ASCE highly recommends major infrastructure improvements for CA Energy. What does this mean for Commercial, Industrial and Agricultural electricity customers? Major rate hikes and...
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For most California farmers, energy savings is second only to water conservation on a long list of priorities. On-farm irrigation systems make up about 70% of electricity usage; tightly correlating water and energy usage. Farm operators work diligently around the clock optimizing their irrigation system. An efficient irrigation system can...
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Revel Energy at the Golden Road Brewery Anaheim. California craft brewers use a lot of electricity to produce their craft beers. Golden Road Brewery is among several happy California businesses with a Revel energy system. Learn more in this brief video testimonial. More Projects
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Recent Los Angeles Commercial real-estate sales include mixed-use, multifamily, industrial and other commercial properties. Feature image provided by CBRE. These commercial buildings are prime candidates for commercial solar and energy storage systems. Adding commercial grade renewable energy to any building lowers electricity costs and raises building value. Learn more today...
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Hokto Kinoko, a grower and producer of mushroom superfoods in California, utilizes a Revel Energy commercial solar installation to reduce energy costs by approximately 60%. One of many California businesses lowering energy costs and raising net income. Researchers at Hokto Kinoko believe mushrooms are the ultimate super food, packed with...
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California farmers know very well the importance of utility management. They can tell you almost exactly how much water is used monthly to grow their crops. Irrigation pumps electricity usage is less known but equally as important. Utility costs for California farmers are constantly rising. Managing these costs is crucial...
Read MoreThe bankruptcy of Pacific Gas & Electric, California’s biggest utility, is reason to give pause. Many people are asking what effects, if any, this will have on consumers. The answer is particularly important for high-use consumers, especially California businesses. The Situation In the past few years, PG&E has come under...
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