There is incredible potential for solar power in the Northeast. Within this region, we are seeing more companies successfully build large C&I portfolios by addressing local requirements. However, despite this being one of the oldest and most established power markets in the USA there are still some challenges that many teams have yet to overcome or adapt to. What are some of these regional challenges and how are teams handling them? Read on to learn more about how teams are tackling these challenges with PowerHub.

Working with clients in the region, we have discovered that the ability to be agile and customizable helps navigate some of the complexity that surrounds many of the local issues that teams are facing.

One of the primary challenges that many teams face is invoicing; either whenworking with a direct PPA, multiple offtakers or net metering credits as opposed to working with a utility or standard tariff PPA. Gone are the days of Excel based invoicing, todays solar contracts need an invoicing system that is fluid and has the ability to adapt to changes month over month. Because PowerHub can create flexible invoicing templates we have been able to deal with the challenges of working in more and more complex invoicing scenarios. Net metering, demand charges, SRECs, multi-offtaker, etc… have proven easy for our clients to automate and help them move away from spreadsheets.

Managing Solar Renewable Energy Credits (SRECs) can also prove to be a challenge, especially when managing portfolios across several jurisdictions.Some smart guidance from our clients has allowed us to develop customized approaches that allow for automation and streamlined processing and sales of SRECs. A few fields to enter and validate, some aggregate reporting tools and our clients are now in a great place to manage and oversee their current and future SREC positions.

Working in the Northeast has many advantages; it is one of the most mature areas for renewable energy in the USA and more and more players are successfully building large portfolios successfully in the region.

When we built PowerHub, we made a conscious decision to work with our clients and help them win by delivering customized solutions that truly fit their business.  Want to learn more about how we can help your business win in the Northeast? Book a demo with us today and learn how we can help simplify your SRECs, invoicing, net metering credits and more.