A Spear Point solar array is an economic and intelligent strategy that allows businesses, schools, and municipalities across the country to unlock profits from their solar resources.
The facility that generates electric power by converting the sun’s energy into electrical energy. With no moving parts, no fuel inputs, no pollutants, no noise, and no additional costs. The electricity Spear Point Energy arrays are directed into the client’s existing electrical systems to meet energy demand at any given time. When the supply of energy from the PV system exceeds client demand, the excess electricity is sold back to the utility grid at retail rates and credited to the client’s bill. When the demand by the client is greater than what the PV array supplies, the additional energy is seamlessly drawn from the utility grid.
Client purchases solar electricity generated from the system at a fixed rate. Spear Point clients enjoy the ROI benefits from the beginning of the contract period without needing to deploy additional capital or burden the balance sheet. By purchasing electricity from Spear Point, clients are able to eliminate the risk of escalating electricity costs through stabilized energy prices.
As the owner of the solar array, Spear Point Energy monitors and maintains all aspects of the array. Though Spear Point arrays are designed with a 25+ year operational lifespan, proper maintenance and service are critical to maintain power production at peak levels. Spear Point monitors the productivity and output of each array in real-time, with Operation and Maintenance crews standing by for scheduled maintenance and to attend to any discrete events
Spear Point Energy solutions also enable better decision making through information. Spear Point clients are provided with interactive web-based views demonstrating solar electricity consumed as well as emissions offset by the array.