ESPC ESA Case Study: Energy Affordability at the National Institute of Standards and Technology

Program Document · Thu Sep 12 00:00:00 EDT 2019

OSTI ID:1562856

The U.S. Department of Commerce (DOC) National Institute of Standards and Technology (NIST) in Gaithersburg, Maryland, installed a 5 MW-DC photovoltaic (PV) system under an energy savings performance contract energy sales agreement (ESPC ESA). The project was implemented using the U.S. Department of Energy (DOE) ESPC ENABLE contract vehicle. This project provides an example of the benefits of using an ESPC ESA to reduce project costs and provide the best value to the government, allowing the system owner to monetize tax incentives such as the federal investment tax credit (ITC) and Modified Accelerated Cost Recovery System (MACRS), and use or sell the solar renewable energy certificates (SRECs).

• Research Organization: National Renewable Energy Lab. (NREL), Golden, CO (United States)
• Sponsoring Organization: USDOE Office of Energy Efficiency and Renewable Energy (EERE), Energy Efficiency Office. Federal Energy Management Program Office
• DOE Contract Number: AC36-08GO28308
• OSTI ID: 1562856
• Report Number(s): NREL/FS-7A40-74343; DOE/GO-102019-5198
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
solar
photovoltaic
PV
energy savings
tax incentives
federal investment tax credit
ITC
Modified Accelerated Cost Recovery System
MACRS
solar renewable energy certificates
SREC