WMECO | Suntility Electric LLC

Need help managing your Massachusetts Net Metering Credits? You’re not alone.

Unclear on the Schedule Z, or even what it is? Managing a lot of electric accounts? and a high volume of net metering credits? Have you experienced challenges with the utilities in the past? Are net metering credits something that you don’t have expertise in or don’t have the bandwidth to do, or both?

Commercial and utility-scale wind and solar project owners in Massachusetts have received a diverse set of incentives over the years. These include: rebates; grants; tax credits; accelerated depreciation; renewable energy certificates; and net metering credits. Managing the last set of incentives – net metering credits – is very often the most cumbersome with the unique combination of arcane utility regulations and the constant administrative attention required.

Ensuring everything is done properly by your Massachusetts utility, WMECO, National Grid or NSTAR, is absolutely critical considering the significant value of these credits. Whether you are the solar or wind owner allocating the credits or the recipient of the credits, such as a municipality, it’s important to know that you’re getting your full value and you’re optimizing the value of this important incentive. Absent dedicated professional management of your net metering credits and net metering credit accounts, you could very easily be losing tens of thousands of dollars through your own mistakes or those of the utility. At Suntility we’ve discovered and corrected hundreds of thousands of dollars worth of utility and user net metering credit errors.

To get started in successfully navigating this key Massachusetts renewable energy program, contact Suntility today to learn about the advantages we can provide you and your project.

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

Additional articles you may be interested in, include:

Solar Monitoring – Peace of Mind & Better Results For Your Solar Installation

What is an SREC or REC?

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

Cities & Towns Sign Solar Deals At An Accelerating Pace – Ensuring The Best Results Will Be Key

Massachusetts cities and towns are leading the way to a cleaner future having signed multi-decade multi-million dollar deals for solar energy. These municipalities have entered these long-term agreements with the prospect of receiving hundreds of thousands of dollars worth, and in some cases millions of dollars worth, of savings over the contract life. Municipalities can offer the solar projects a long-term revenue stream while the solar projects can offer cities and towns either discounted electricity and/or stable electricity prices.

Most of these arrangements don’t simply mean a direct discount to a city’s electric bill for example but require the local electric utility to transfer credits, called net metering credits, from the solar project electric account to the city’s electric account(s). These credits offset amounts that the city would have normally had to pay their utility such as NSTAR, WMECO or National Grid. Some cities and towns are receiving these credits on close to a hundred accounts. Naturally the complexity inherent in these arrangements needs to be properly managed and administered. Suntility’s Net Metering Credit Services do exactly that by providing critical tracking, verification and management of municipal solar deals. We work directly with cities or towns and/or with proactive solar project owners to validate the entire process. Clients receive concise easy-to-read reports with actionable information to quickly review the entire process and when there are errors on accounts they are highlighted with clear resolution steps.

If you’re a city or town shouldn’t you know the results of your solar deal? Why leave the success of a multi-million dollar deal to chance? Suntility is a highly effective partner for municipalities helping them accomplish their clean energy, environmental, administrative and budgetary goals. Reach out to us today for more information on these important services.

To learn more contact us at 508-566-6322