Compass Blog

Stay up-to-date with the latest news from Compass Energy Consulting!

Rooftop Solar: Pathways to Decarbonization and Electrification

Canada has made clear its commitment to decarbonization. Last month, the Canadian government set a $9.1 billion 2030 Emissions Reduction Plan to assist the country in meeting its carbon reduction goals, with deep reductions in the oil-and-gas sector. This is in the wake of many new policies and an ambitious

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The Role of Solar in the Zero Carbon Building Standard

In light of the recent Carbon Tax being ruled constitutional and the Federal Budget’s $17.6 Billion dollar allocation towards the Green Recovery Plan, there is a great incentive for commercial real estate owners and architects to design and operate Zero Carbon Buildings. Since 2016, the Canada Green Building Council

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Agrivoltaics: Integrating Solar and Agriculture is a Win-Win

Agrivoltaics is the co-development of agriculture and solar photovoltaics within the same land space. Ground mounted solar projects are commonly built in rural farmlands due to the abundance of relatively flat land. In fact, constructing solar panels on less than 1% of the world's cropland is enough to generate

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Economics of Solar Power in Canada

The Canada Energy Regulator (formerly the National Energy Board), published a report on the Economics of Solar Power in Canada (ESPC)[1] studying the financial viability of typical solar power projects in over 20,000 Canadian communities. While we’ve spoken quite a bit about the rapid drop in solar costs of the past

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Bifacial Solar Panels Offer Lowest Levelized Cost of Energy for Solar

Bifacial PV is currently a hot trend in solar. While bifacial panels are still more expensive than traditional monofacial panels, they offer a significant increase to energy production in the right circumstances. This means a quicker payback and a lower Levelized Cost of Energy (LCOE) for the solar project. In fact, a

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Solar PV Today: Increased Lifetime & Decreased Operating Expenses

The Lawrence Berkeley National Laboratory recently published a paper on Solar PV project life and Operating Expense trends (you can read the paper here) drawing on the findings from a 2019 survey of U.S. solar project developers, sponsors, financiers, and consultants. There were two major takeaways of the study: over

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How To Size a Solar Net Metering System For Your Business

 

You have made the decision to go solar. You want to reduce your costs, become more energy independent and reduce your carbon footprint. You have an available roof space, field, or parking area (i.e. solar canopy) that can be used to host your solar net metering system. Now you need to determine what is the right

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Everything you wanted to know about Solar in Commercial Real Estate... But were too afraid to ask!

In February 2020, Compass Energy Consulting's President, Jonathan Cheszes, delivered a presentation to Triovest Realty Advisors Inc. entitled "Everything You Wanted to Know About Solar PV in Commercial Real Estate... But were too afraid to ask!"

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Farm Credit Canada Supports Renewable Energy

Are you a farmer or do you work in agriculture? Do you own your land and buildings? Are you looking to generate additional income?

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How is Accelerated Depreciation Lowering the Cost of Solar Net Metering?

This is part of a series of blogs looking at the economics of solar power in Canada today. You can read our blog "What Caused Solar Costs to Fall 99%?" to learn more.

Today we will focus on the impact of accelerated depreciation and how it affects the paybacks and economics for solar generation. While capital costs

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