Finance and System Development
> Utilities are required to make it much easier, affordable and predictable to grant feed in agreements for electricity and gas
> Landfill sites are being closed forcing zero waste attitudes
> Education takes hold that waste should be dealt with sensibly and locally.However, local subsidies and regulatory landscape is varied, quite complex and ever changing. There is great diversity in the amount of per – watt payments, the duration of performance payments, nameplate capacity restrictions on utility payouts and the cost of avoided electricity. BIOGAS Equity 2 works with customers to analyze their needs, their site, the interconnection, and their current electricity rates. We analyze and discuss the benefits of a biogas system and determine what incentives are available where each particular project is located. We then make a proposal in which BIOGAS Equity 2 engineers, procure, construct, and typically finance, own and operate the biogas system. Through a power purchase agreement, “PPA”, BIOGAS Equity 2 provides the opportunity for the host site to acquire the electricity or vehicle fuel produced from the biogas system at a long term predictable rate which is less than current rates offered by standard utilities with their peak and seasonal surcharges. With continually increasing energy rates this allows our customers to have lower cost electricity and/or vehicle fuel while not having the upfront cost. To be able to provide lower cost energy to our customers, BIOGAS Equity 2 organizes, applies for and attains all available incentives and rebates and applies them to the cost of the system. BIOGAS Equity 2 will attract the balance of capital required typically from pension and insurance funds based on long term fixed agreements for feedstock, digestate, electricity or upgraded biogas.BIOGAS Equity 2 recently co-founded the Bioenergy Association of California for focused representation in Sacramento to facilitate acceptance of biogas derived renewable energy.