Solar PV + Battery Energy Storage System Request for Information (RFI)
Cape Light Compact is gathering proposals to design and deploy solar PV with battery storage across up to 250 residential properties on Cape Cod and Martha's Vineyard, paired with heat pump electrification conversions for low- and moderate-income households. The program targets cost structures that leverage state and federal incentives, comparing direct ownership versus third-party ownership models (PPA/lease), with installations planned Q1 2020 through Q4 2021. Respondents—installers, financiers, and program designers—will help shape the Cape and Vineyard Electrification Offering to minimize ratepayer bill impact while delivering heat pumps, battery storage, and solar at no direct cost to low-income participants.
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AI overview
Cape Light Compact JPE is soliciting information regarding various financing and/or deployment models for solar photovoltaic (PV) systems paired with battery energy storage systems (BESS) on up to 250 single-family residential properties across Cape Cod and Martha's Vineyard. The RFI seeks responses from solar and/or battery installers, financing entities, and other interested parties to inform the design of the Cape and Vineyard Electrification Offering (CVEO). The CVEO aims to provide cost-effective energy and demand savings by: 1) converting participants from electric baseboard, oil, or propane heat sources to cold climate air source heat pumps; 2) offsetting resulting increased electrical usage by installing solar PV; and 3) installing battery energy storage as a demand reduction resource and backup power source. The program targets low-income (<60% SMI) and moderate-income (61-80% AMI) customers. Low-income customers will receive heat pumps, BESS, and solar at no direct cost (100% incentive). Moderate-income customers will receive heat pumps and BESS at no cost and $5,000 toward solar PV. The RFI seeks information on: 1) how to reduce CVEO costs and bill impacts to ratepayers through understanding monetization of state and federal incentives, comparing direct ownership models (upfront incentives) versus third-party ownership models (PPA/lease); 2) alternative financing models that achieve objectives while reducing costs; 3) program design and implementation including available technologies, scale, and installation timeline. Implementation timeline: Q1 2020 start with all installations complete by Q4 2021. Two or more entities may submit combined responses. This is a non-binding RFI and no award shall be made.
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Proposal Document
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