Mitigate Costs of Electrification Access Revenue Streams to Offset Utility Costs
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All franchised new car dealers are moving forward with upgrades to sell and service EVs. While utilities are increasing costs, the State has simultaneously created incentives that may help you recoup some of these costs. Knowing whether you can benefit from these programs is complicated.
Join Maria Fields and Dennis Quinn from Sprocket Power to learn about solutions to help you manage your utility expenses and generate a positive revenue stream for your dealership.
Topics:
Insight into trends driving utility rate increases in New York.
Upfront incentives and strategies for taking advantage of new federal law (IRA) and NY “make ready” incentives to cover mandated capital upgrades.
Discuss available revenue streams in NY called the Value of Distributed Energy Resources (VDER).
Break down complex programs to help your decision-making.
Review of recent local dealership case studies illustrating the benefits of these programs.
Presenters:
Maria Fields, CEO & Co-Founder, Sprocket Power
Dennis Quinn, President & Co-Founder, Sprocket Power
Fred Azar, Sun Advisor, Element Energy Systems
Representative of NYSERDA
Moderator:
Susan J. Bieber, Esq. Vice President Dealer Services, GNYADA
About Sprocket Power:
Sprocket Power works with auto dealers on all aspects of integrating EV charger infrastructure into their business. We take a consultative approach to meeting each dealer’s needs; outlining a possible microgrid to integrate solar, battery storage, and EV charging into a managed system. This system can provide grid independence, lower long-term operating costs, and market visibility to position dealerships for increased sales.
