Revenue stacking involves combining utility savings, demand charge reductions, energy arbitrage, and capacity payments. It requires more historical consumption data than most developers have to prove the same kWh is not counted twice.
“When you are looking on, let’s say, three months of history, you see certain trends. If you look on two quarters, or a year, you see different trends,” Maskovich said. Three months might show summer peaks, but doesn’t capture how projects behave through full business cycles.
Storage vs. solar
After two decades working with commercial and industrial (C&I) customers on decarbonisation, Maskovich said he has noticed the BESS industry making some of the same mistakes the solar industry made years ago.
The solar industry’s expansion included projects that underperformed expectations. Maskovich thinks BESS faces similar risks but at an elevated level due to its complexity.
