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

Abstract

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).

Publication Date:
Research Org.:
National Renewable Energy Lab. (NREL), Golden, CO (United States)
Sponsoring Org.:
USDOE Office of Energy Efficiency and Renewable Energy (EERE), Federal Energy Management Program Office (EE-5F)
OSTI Identifier:
1562856
Report Number(s):
NREL/FS-7A40-74343; DOE/GO-102019-5198
DOE Contract Number:  
AC36-08GO28308
Resource Type:
Program Document
Country of Publication:
United States
Language:
English
Subject:
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

Citation Formats

. ESPC ESA Case Study: Energy Affordability at the National Institute of Standards and Technology. United States: N. p., 2019. Web.
. ESPC ESA Case Study: Energy Affordability at the National Institute of Standards and Technology. United States.
. Thu . "ESPC ESA Case Study: Energy Affordability at the National Institute of Standards and Technology". United States. https://www.osti.gov/servlets/purl/1562856.
@article{osti_1562856,
title = {ESPC ESA Case Study: Energy Affordability at the National Institute of Standards and Technology},
author = {},
abstractNote = {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).},
doi = {},
journal = {},
number = ,
volume = ,
place = {United States},
year = {2019},
month = {9}
}

Program Document:
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