Beachview Villa provides residents with the incredible Huntington Beach lifestyle. But the sunny days that are so desirable to outdoor activities lead to the need for heavy air conditioning use. Keeping with the push toward sustainable energy use for all California residents and businesses, the Beachview Villa apartment complex made the choice to provide renewable energy, produced on-site, to residents.
HES Solar designed a 233-panel system that provides 149,000 kWh annually to power the Southern California multi-family residence that sits just a few miles from the beach. HES Solar maximized the rooftop area available. The system delivers a 37% energy offset, impressive for a three-story apartment building.
As more customers place a higher value on direct (non-transmitted) renewable energy use, the Beachview Villa becomes a more attractive rental to future residents. Current residents gain the satisfaction and freedom of knowing their air conditioner use comes without carbon emissions.
Financially, the commercial rooftop solar array delivers well over half a million dollars in energy bill savings over the next 25 years. Upfront costs were minimized through the various federal and state incentives. HES Solar assisted the facility in receiving all of these available incentives, resulting in a payback period of under nine years for the multi-family solar system in Orange County, California.
Contact HES Solar to learn what solar, solar + storage, and EV charging stations can do for your business.
Net Energy Metering 3.0 (NEM 3.0) is the incoming law created by the California Public Utilities Commission (CPUC). The new tariffs and fees will impact both residential and commercial solar systems built in California.
As this notice is posted in November of 2022, the Proposed Decision from the CPUC outlining the proposed NEM 3.0 terms is expected soon. This comes after a year’s delay. Once the new agreement is finalized and passed into law, there will exist a designation of the deadline under which new systems will continue to qualify for NEM 2.0 rates.
The new NEM 3.0 rates will be designed to lower the value of electricity during the daytime hours, when solar is producing, and increase the value of electricity during the evening hours, when solar homes and businesses purchase electricity. In short, NEM 3.0 will create a “sell low, buy high” proposition to new solar system owners.
To Californians looking to install a solar system on their home or commercial building, the NEM 2.0 rates will be preferred. As of this post, the solar industry does not know the details of how different the NEM 3.0 rates will be from the NEM 2.0 rates.
Please use the HES Solar website as a resource to learn more, and please take our offer to speak with an HES Solar Energy Consultant at no obligation.
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