Asset Management Tools – PredictEnergy™ Asset Manager

 

Mo Rousso (Founder and COO, HelioPower) has written this article about HelioPower providing asset management services to a broad portfolio of distributed energy resources (DER).

 

Asset Management Tools and Services by HelioPower

HelioPower provides asset management services to a broad portfolio of distributed energy resources (DER). These include PV assets owned by third-parties and HelioPower itself.Green Tech Media (GTM) defines asset management ” as the ongoing management of financial, commercial, and administrative tasks necessary to ensure optimal financial performance of a solar PV plant or a portfolio of plants.”

GTM goes on to define operations and maintenance (O&M) “as a set of activities, most of them technical in nature, which enable PV power plants to optimally produce energy.”

Asset Management Tools

 

Source: Megawatt-Scale PV O&M and Asset Management: Services, Markets and Competitors 2014-2018, GTM Research

While GTM considers these two domains to be two distinct markets, with overlapping functions and service providers; we at HelioPower provide services in both of these domains to our portfolio clients.

With this as background, HelioPower has built an AssetManager module for our PredictEnergy™ energy analytics software platform to enable our team to provide top tier asset management services. It provides a systematic process of profiling and evaluating DER assets to achieve the highest system performance at the lowest operations and maintenance cost. Further, it provides centralized performance management of multiple investments in real-time, which can be extended to overall facility electrical cost performance for behind-the-meter customers.

AssetManager is role driven. That is, it provides different views, screens, and reports for the each of the various roles who have an interest in the asset. These roles include Third Party Owners, Asset Managers, DER Owners, Financiers, Off Takers, and Owner Operators. While at first blush, these roles may seem to have overlaps; they have subtle differences, which must be accounted for in building a robust and useful application. Therefore, each Role has its own performance dashboard through which to view and analyze its assets.

While AssetManager provides a robust suite of asset management features and functions, the major benefit of providing asset management services via PredictEnergy™ is that it allows our behind-the-meter clients to optimize both their sources and uses of energy per tariff and time-of-use rate to ensure consumption of reliable, lowest cost energy.

To learn more about our asset management services, go here: http://heliopower.com/solar-maintenance/

To learn more about PredictEnergy™, go here: http://heliopower.com/energy-analytics/

HelioPower Energy Solutions Appoints Thomas R Bietsch Sr. as Chief Technology Officer

PredictEnergy™ software platform uses advanced analytics to integrate energy and power, and plant production parameters with utility tariff cost analysis. Murrieta, CA, January 25, 2016:  HelioPower Energy Solutions, the leader in cloud based energy analytics, today announced the appointment of Thomas (TR) Bietsch Sr. to the role of Chief Technology Officer.  TR most recently servedFinish Reading

PV Assets Using The Optimization Factor Methodology

  Mo Rousso (Founder and COO, HelioPower) has written this article about HelioPower managing Photovoltaic (PV) Assets using the Optimization Factor Methodology. PV Assets and the Optimization Factor Methodology Photovoltaic (PV) systems are long-lived assets with unique lifecycle management needs.  As such, they require special operations and maintenance processes to ensure reliable and profitable operationFinish Reading

Bonus Depreciation on Solar Projects – Explained

Bonus Depreciation is good news for solar stakeholders.  This article details how the return of 50% Bonus Depreciation will impact project economics. MACRS Depreciation on a $1 Million Solar Project Assume you have a solar project valued at $1 million.  The taxable basis is reduced by half of the 30% Investment Tax Credit, so it isFinish Reading

Solar Policy Review

Solar Policy Review

2015 brought welcome solar policy news for solar developers, installers, financiers and electricity consumers – here’s what you need to know: US Solar Policy: ITC Extended Last December Republicans and Democrats negotiated an energy horse-trade which resulted in an extension of the 30% Investment Tax Credit. Republicans wanted an end to the 4-decade old ban on most US oilFinish Reading

An Introduction to WEF’s Energy Management Framework

Mo Rousso (Founder and COO, HelioPower) participated in the Water Environment Federation’s Energy Management Roadmap Summit workshops. The goal of the summit was to create a “road map” to help plants increase on-site energy production, reduce energy consumption and focus on overall energy management.   Wastewater Energy Management As a result of our work, WEF... Finish Reading

California Community Choice Aggregation takes off

California Community Choice Aggregation programs are generating attractive revenue streams and acquisition pricing for solar project developers. Community Choice Aggregation programs allow local governments and special districts to aggregate and offset electricity loads for local residents, businesses and municipalities via power purchased from independent solar power producers. These programs work in partnership with existing utilitiesFinish Reading

Solar Project Price Improvement: Your project is worth more!

Your solar project is worth more than you think.  Early-stage project development, pricing and financial structuring will drive solar project price improvement, increase your profits and help you offer more competitive PPA pricing… and the key first steps are free. Helio MicroUtility drives solar project price improvement for clients This year Helio MicroUtility has helped threeFinish Reading

Georgia Solar PPA

Georgia Solar PPAs are now viable, thanks to the recently passed Solar Power Free-Market Financing Act (House Bill 57).  Power Purchase Agreements (PPAs) are the most common vehicle for financing commercial solar installations. Solar PPA legalization in Georgia will make it much easier for solar project developers and EPCs to generate new business. GEORGIA SOLAR PPA... Finish Reading

What Does A Kilowatt Hour Mean?

What Does A Kilowatt Hour Mean? A Practical Guide for Homeowners By Matt Rifkin When using electricity in your home, you may never think about how many kilowatt hours (kWh) you are using to charge your __________(insert energy hogging device here).  But the reality is, every device you plug into an outlet or hardwire into yourFinish Reading

How do I keep my solar system running well?

  In my last post, I answered a question I often hear from solar system owners – “Is my solar system working?” In this post, I’d like to discuss ways to keep your investment reliably delivering those valuable financial and environmental benefits. Specifically: “How do I keep my solar system running well?” The best wayFinish Reading

Sales 1.877.959.8816
Murrieta 1.951.677.7755
San Francisco 1.916.564.4442
Thousand Palms 1.760.568.5650