June 5, 2021
The solar power industry is broken down into various segments, with different organizations focusing on certain sectors. Commercial solar contractors tend to focus on what is called the C&I market—also known as commercial and industrial. Certain organizations may work in the utility-scale solar market as well.
Utility-Scale Solar vs Commercial-Scale Solar: Comparing Equity Returns
From an investment standpoint, utility-scale solar projects tend to have a nominal internal rate of return on equity compared to commercial & industrial solar facilities which may have double digit yields. Traditional utility-scale solar investments can be related to "fixed income" assets and usually have a long-term investment grade off-taker, such as the local EDC (electric distribution company). Commercial solar projects can be a non-rated entity that may have a shadow rating to manage the risk profile of the power off-taker.
Utility-Scale Solar vs Commercial-Scale Solar: System Sizes
In the solar industry, projects that exceed 10 MW in capacity may be considered small utility-scale solar. The SGIP (Self-Generation Incentive Program) process is usually for projects 25 MW+ in capacity, and as the solar industry has matured we have noticed a trend for larger and larger solar facilities. Certain solar developers have a minimum of 200 MW per project and YSG is seeing more and more 400 MW+ solar projects.
Solar Power World lists the top solar contractors in the industry and below are just a few names from the list:
C2 Energy Capital, New York
M Bar C Construction, California
New Energy Equity, Maryland
AES Distributed Energy, Colorado
Greenskies Renewable Energy, Connecticut
EnterSolar, New York
Innovative Power Systems, Minnesota
Ameresco, Massachusetts
Standard Solar, Maryland
Axium Solar, Texas
John Mills Electric, New York
Solect Energy, Massachusetts
Advanced Solar Products, New Jersey
Continental Electrical Construction Company, Illinois
Nexamp, Massachusetts
Solar Energy Systems, New York
Newport Renewables, Rhode Island
YSG Solar is a commercial solar installer and operates in:
New Jersey
New York
Pennsylvania
Maryland
Connecticut
District of Columbia
Massachusetts
California
Solar Financing
Our customers can purchase their solar system via cash, a loan, a lease, or a power purchase agreement.
If you’re looking for a commercial solar contractor, look no further. YSG Solar has over a decade of experience in the solar industry, handling countless large commercial and industrial solar projects along the way. Contact YSG Solar today to find out how it all works and how much you could save. Send us an email, or call the office at 212.389.9215 to learn more.