How the Federal Solar Tax Credit Works
With solar prices falling and a key federal tax credit ramping down, commercial and industrial businesses are increasingly considering adding solar panels to their facilities. One of the top incentives for building solar facilities — the federal investment tax credit, or
Scarcity Pricing: Near-Term Pain, Long-Term Gain
With summer on the horizon, it’s a good time to talk about scarcity pricing — a hot topic last year when real-time wholesale power prices in Texas hit a $9,000 per megawatt-hour (MWh) cap multiple times over a three-day stretch. Generally,
States Leading on Energy Storage — but the Feds Can Still Help
Before it adjourned last year, Congress declined to act on multiple pieces of energy storage legislation including the Energy Storage Tax Incentive and Deployment Act of 2019. But across the country, states are taking the lead in advancing this innovative
Four Levels of Energy Resiliency: Which is Right for You?
Ice on power lines, fierce winds, and severe cold are the ingredients for winter power outages. For businesses, loss of electricity is more than an annoyance — it damages the bottom line. The cost? It’s not small. An Esource study
How President Biden’s Infrastructure Plan Would Impact Electric Transmission, Solar, and Wind.
President Biden proposes to spend more money on clean energy than any other administration in US history through his infrastructure plan. Should the plan win passage as it stands now, businesses and utilities will be able to better employ tax
Priority Power Management Advises Toyota on Unique Renewable Energy Contract
MIDLAND, Texas & ARLINGTON, Texas--(BUSINESS WIRE)--Priority Power Management, LLC (“PPM”), a Texas-based leading independent energy management and consulting services firm, announced that it has successfully negotiated and secured a unique retail electricity supply contract for Toyota Motor North America’s new
Understanding the Influence of Natural Gas and Capacity Markets on Energy Costs
The energy landscape has undergone significant changes over the past decade, particularly with the rise of natural gas as a preferred fuel source for electricity generation. Stricter air pollution standards, the advent of more efficient natural gas power plants, and
Understanding Power Factor and its Impact on Your Energy Efficiency
Electricity consumption efficiency is not just about reducing usage; it’s also about how effectively you’re using the power that’s delivered to you. This is where 'power factor' comes into play. An ideal power factor is 1 or 100%, indicating maximum
Maximizing Value in Competitive Energy Markets
Critics of competitive energy markets often cite average price as the sole metric of their efficacy. However, a range of indirect factors offers a clearer insight into the true value these markets provide. Competitive energy markets empower businesses with the
Energy Contracts: Obligations and Timing for the Best Outcomes
Energy contracts are commitment-based; when you sign with a supplier, you agree to consume a specified amount of energy over the contract's duration. These are known as "obligation contracts," meaning the buyer is bound to the agreed usage.