January 2025 Newsletter

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Rooftop Solar: The Future of Energy Efficiency Retrofits

As the years pass, technologies that were once cutting-edge reach a critical mass of affordability that leads to widespread adoption throughout the market. Solar energy technologies are reaching such a critical mass of affordability and widespread adoption: Every rooftop and parking lot in America is now potentially a site for generating cheap, clean, and renewable energy. Read more here
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The California grid ran on 100% renewables with no blackouts or cost rises for a record 98 days

A new study published in the journal Renewable Energy uses data from the state of California to demonstrate that no blackouts occurred when wind-water-solar electricity supply exceeded 100% of demand on the state’s main grid for a record 98 of 116 days from late winter to early summer 2024 for an average (maximum) of 4.84 (10.1) hours per day. Read more here.
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Social housing residents move into ‘Zero Bills’ homes

The six residents in the UK city of Exeter will pay nothing for energy, courtesy of green tech that makes homes eligible for the Octopus Energy initiative. Octopus Energy and SNG customers have become the first social housing residents to move into homes with no energy bills for at least five years. Read more here.
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ICAST Policy Blog

Maine Files Energy Storage Procurement Recommendations

The Maine Governors Energy Office (GEO) was directed by the state legislature to consult with the Public Utilities Commission (PUC) to evaluate the increase of capacity for utility-scale energy storage systems. The states policy sets a goal to procure cost-effective energy storage and diversify its energy resources. The storage will help manage electric load and provide backup power to the grid during peak usage or outages. The Maine Energy Storage Program report evaluates multiple program design options, including pay-for-performance mechanisms, clean peak credits, tolling agreements, and an index storage credit mechanism. The GEO has recommended for the PUC to implement upfront, pay-for-performance competitive procurement programs for 200 megawatts of energy storage to reach its goal of 300 megawatts of installed capacity by the end of 2025 and 400 megawatts by the end of 2030. Read more here.

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Bridge Loans Can Unlock Your Property’s Energy Efficiency Potential

In the rapidly evolving landscape of green energy, timing is everything. The current influx of investment tax credits and incentives under the Inflation Reduction Act (IRA) presents an opportunity for multifamily affordable housing, disadvantaged, and Tribal communities to implement solar and energy efficiency upgrades. Read more here.
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ICAST Transitional Housing Project Wins Green Project of the Year

As the housing affordability crisis worsens yearly and more Americans face homelessness, climate change-induced extreme temperatures continue to stress America's aging and inefficient housing stock, which leads to spiraling inflation on utility bills that further economically distress America’s most vulnerable families. Read more here.

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