Trystan Casey
In the context of solar energy, an interconnection agreement is an agreement between a customer and an energy provider that allows the customer to connect their solar/renewable system to the provider's power grid. This agreement is required for customers looking to go solar with Oncor Electric Delivery, a prominent transmission and distribution utility in Texas. However, there is no mention of an interconnection agreement or similar arrangement with Encore Electric Delivery. Encore Renewable Energy is a commercial solar company that partners with utilities and electric cooperatives to help them meet their renewable energy goals. They develop, own, and operate community-scale solar and energy storage projects, primarily in the Northeast and across the United States.
| Characteristics | Values |
|---|---|
| Company Name | Encore Renewable Energy |
| Company Type | Commercial Solar Company |
| Services | Project development and construction agreements, solar and energy storage projects |
| Ranking | #1 in Vermont, Top 20 Ranking Among US Solar Developers, Top 25 in US |
| Partners | Vermont Public Power Supply Authority, Hyde Park Solar, Waterhouse Project, VPPSA's municipal utility members, Hardwick Electric Department |
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What You'll Learn
Encore's partnership with VPPSA
Encore Renewable Energy is a Burlington-based clean energy company that focuses on innovative solutions for underutilized property and community-scale renewable energy systems. The company specializes in the design, development, financing, and construction of large-scale solar PV projects.
The partnership represents a significant milestone in the VPPSA members' transition towards economic, locally sourced, and renewable energy resources. The VPPSA members own and operate several small-scale hydroelectric facilities within their service territories, in addition to a 19% stake in the McNeil generating facility in Burlington, Vermont. They also hold contract rights to several other hydroelectric, solar, and landfill gas facilities located throughout New England.
The proposed solar arrays will add to this portfolio by producing more than 13,000 MWh per year, enough electricity to power 1,900 homes annually. The solar projects are expected to be built at costs in line with the utilities' existing cost of power. This partnership is consistent with Encore's promise to plant pollinator-friendly ground cover beneath its solar arrays to support vital habitats for bees, butterflies, and other insects critical to future food security.
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Encore's role as a commercial solar company
Encore Renewable Energy is a commercial solar company that develops, owns and operates community-scale solar and energy storage projects. It is a full-service company, from concept to completion and long-term ownership. The company is committed to building a clean energy economy and empowering communities.
Encore has a history of working with utilities and electric cooperatives to help them meet renewable energy goals. The company caters to the unique constraints, risks, and regulatory frameworks within which municipal, investor-owned, and cooperative utilities operate. Encore's team of experts includes industry veterans, engineering, legal and finance professionals, and community leaders.
The company has been recognised as a top solar developer and contractor in the US by Solar Power World magazine. It ranked 30th in the solar developer category and 64th in the commercial-scale contractor division. Encore has also secured $389 million in financing to advance its portfolio of solar and energy storage projects.
Encore offers Power Purchase Agreements (PPAs) with competitive pricing for utility-owned or company-controlled sites. They also provide Project Development and Construction Agreements (PDCAs) to limit the utility and its ratepayers' exposure to development and construction risk.
Overall, Encore Renewable Energy is a trusted partner for utilities and electric cooperatives, delivering innovative solar and energy storage solutions to power communities and address the climate crisis.
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Encore's ranking in Vermont and the US
Encore Renewable Energy is a commercial solar company that develops, owns, and operates community-scale solar and energy storage projects. The company is based in Vermont and ranked #1 in the state. It is also ranked within the top 20 in the US for solar developers and in the top 25 in the US overall.
Encore has a history of brownfield redevelopment, creating clean energy by transforming landfills, brownfields, and rooftops into brightfields. The company is a certified B-Corp, joining over 3,500 other businesses worldwide that share a commitment to social and environmental performance, accountability, and transparency.
Encore offers a range of services, including project development, construction, and ownership. They provide investment-ready project development and EPC services to construct projects for direct utility ownership, limiting risk for utilities and their customers. The company also has experience in utility partnerships, catering to the unique constraints, risks, and regulatory frameworks of municipal, investor-owned, and cooperative utilities.
In Texas, homeowners interested in going solar must work with a Retail Electric Provider (REP) that operates in the utility territory of Oncor Electric Delivery, the state's largest utility company. Oncor maintains the grid's transmission system but does not set electric rates. Oncor offers incentives to homeowners with solar-plus-storage systems, and customers can save on their electricity bills by choosing a REP with a solar buyback program.
Overall, Encore Renewable Energy is a leading solar company in Vermont and among the top solar developers in the US, providing innovative community-scale clean energy solutions and partnering with utilities to meet renewable energy goals.
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Encore's work in grid modernisation
Grid modernisation is a critical aspect of the energy sector's transition to clean energy. The imperative to modernise grid infrastructure arises from two main forces: the projected increase in global electricity demand and the rapid emergence of new sources of generation, particularly from renewables. Encore Renewable Energy is a commercial solar company that plays a vital role in grid modernisation by partnering with utilities and electric cooperatives to help them achieve their renewable energy goals.
Encore also provides investment-ready project development and EPC services to construct projects for direct utility ownership. This is done through risk-adjusted milestone payment schedules designed to limit the utility's exposure to development and construction risks. Encore's work in this area has been recognised by its partners, with one testimonial stating that "Encore Renewable Energy was key to the success of Hyde Park Solar, Waterhouse Project."
Additionally, Encore's work in grid modernisation extends beyond solar energy projects. The company has experience in operational improvement, business transformation, M&A, and greenfield strategy design. Encore's managing director, Craig, brings over 25 years of experience in leading projects involving electric utility distribution grid modernisation, information and operational technologies, data management, and analytics solutions.
Overall, Encore's work in grid modernisation contributes to the development of a smart grid, which aims to deliver electricity more efficiently and reliably. By integrating renewable energy sources, such as solar, and utilising advanced technologies, the grid can become more resilient, secure, and sustainable, meeting the demands of the 21st century and beyond.
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Encore's project development and construction agreements
Encore Renewable Energy is a commercial solar company that partners with utilities and electric cooperatives to help them meet their renewable energy goals and objectives. The company has a history of developing a brand that caters to the unique constraints, risks, and regulatory frameworks within which municipal, investor-owned, and cooperative utilities operate.
For instance, Encore Renewable Energy played a key role in the success of the Hyde Park Solar, Waterhouse Project. The company also initiated construction activities on the second project under its partnership with the Vermont Public Power Supply Authority (VPPSA). This partnership aims to develop, finance, and construct approximately 10 MW of solar capacity for VPPSA's municipal utility members.
Encore Development Company, a provider of construction, restoration, and maintenance services in the greater Los Angeles area, offers a full-service project manager as a single point of contact for clients throughout the entire lifespan of their projects. The company's approach involves evaluating and planning at a broader level to identify and minimize potential setbacks, ensuring successful project execution.
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Frequently asked questions
Encore Renewable Energy is a commercial solar company that develops, owns, and operates community-scale solar and energy storage projects. They are innovators in community-scale clean energy, including solar, brownfield redevelopment, and energy storage.
Encore provides investment-ready project development and EPC services to construct projects for direct utility ownership. They also offer full-service solutions, from concept to completion and long-term ownership.
The goal of Encore is to be a commercial solar company partner to utilities and electric cooperatives, helping them meet their renewable energy goals and objectives. They strive to deliver faster, cheaper, and higher-quality projects than their competitors.
