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Illustrative underwriting example — not a customer case study

Industrial warehouse — solar plus peak shaving

Bloomfield, Connecticut · Industrial / warehouse, single meter · 620 kW-DC rooftop solar + 250 kW / 500 kWh storage

A single-meter distribution building on an Eversource commercial rate with a real demand component. This is the shape of site where solar and storage both pay: steady daytime load, large uninterrupted roof, and enough billed peak for a battery to work against.

Aerial view of an industrial warehouse roof covered with solar panels in winter light

Representative photography of this site type. Not a photograph of a customer property.

Modeled annual benefit
$196,000
Energy offset, demand reduction and program payments combined
Demand charges today
$67,200 / yr
400 kW billed peak at $14/kW-month
Solar offset
62% of usage
744,000 kWh/yr modeled production
The tariff
  • Eversource commercial rate with a monthly billed-demand determinant of roughly $14/kW.
  • Demand charges account for about a third of the annual bill before any measure is taken.
  • Time differential is modest, so the storage case rests on demand reduction and program payments, not energy arbitrage.
The site
  • Approximately 88,000 sq ft of flat membrane roof, 11 years old, with remaining service life confirmed by the roofing report.
  • Existing 1,200 A service with headroom for a 620 kW-DC array plus a 250 kW inverter block.
  • Ground-level pad space beside the loading yard for the storage enclosures and fire setbacks.
The design
  • 620 kW-DC rooftop array on ballasted racking, sized to on-site consumption rather than roof capacity.
  • 250 kW / 500 kWh storage — roughly 35% of billed peak at a two-hour duration.
  • Dispatch tuned to the monthly billed-demand window, with program dispatch events layered on top.
Modeled economics

Every line separated, with its own assumption.

Modeled annual economics for this example
LineModeled valueBasis
Energy offset from solar$107,000 / yr85% self-consumption at a $0.17/kWh blended rate
Demand-charge reduction$35,000 / yr250 kW shaved in 10 of 12 months at $14/kW
Program performance payments$81,250 / yrModeled at $325/kW-year under Connecticut Energy Storage Solutions, subject to enrollment and current program rules

Modeled figures only. Not an operating result, not customer data, not a quote. Federal, state and utility incentive availability depends on project facts and applicable requirements; NOI does not provide tax advice.

What can delay or disqualify
  • Program payment rates and enrollment windows change; the modeled payment is dated to the rules in force when the case is issued.
  • Eversource interconnection study timing drives the schedule more than construction does.
  • A structural review can reduce usable roof area, which moves the solar figure down.
How this site runs through the five stages
  1. 01 Tariff read

    One bill per meter; demand determinants confirmed against the rate schedule.

  2. 02 Site validation

    Roof age and structure, service capacity, pad siting and fire setbacks.

  3. 03 Design and underwriting

    Sizing against measured load, operating case with stated assumptions, executable agreement.

  4. 04 Permitting and interconnection

    Town review plus utility study and approval — the long pole on this site type.

  5. 05 Operations

    Dispatch against the billed-demand window, program compliance filings, periodic reporting.

See the full process →

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