1 Lovell Avenue, Mill Valley, CA, USA
1 Lovell Ave is a small commercial building in downtown Mill Valley with multiple registered business tenants, consistent with professional or personal services office use. The property is estimated to be a modestly sized sub-5,000 sq ft commercial structure with standard office-type energy loads.
Projected savings.
Year 1
$33,100
Lifetime (~30 yr)
$2,467,000
By the numbers.
1.1
Years to payback
$5.8M
Total benefits (lifetime)
$3.4M
Property value gain
$78,130
Tax incentives captured
Levelized cost of energy
Like most California businesses, the site was paying high Peak rates and large Demand charges — the kind of bill structure that punishes daytime energy use and penalizes the very hours commercial properties consume the most power. The result was a Levelized Cost Of Energy (LCOE) of $1.15/kWh from PG&E, reduced to $0.02/kWh from SolarPorts.
SolarPorts evaluated their interval power usage (every 15 minutes) and proposed a right-sized 38.0 kW solar system for on-site generation delivered as a rooftop array on the building.
The system now produces roughly 71,501 AC kWh of clean energy each year, an estimated $33,100 in year-one utility offsets, and around $2,467,000 in net lifetime savings — turning a recurring operating-cost into a long-term, predictable energy hedge.
System spec
System design
- Site
- 1 Lovell Avenue, Mill Valley, CA, USA
CA - Utility
- PG&E
- Seismic rating
- 1.2
- Irradiance
- 2
- System size
- 38.0 kW DC
- Estimated production
- 71,501 AC kWh / year
- Year-1 utility offset
- $33,100
- Lifetime savings (~30 yr)
- $2,467,000
- Solar panels
- 76 × TSM-DEG18MC.20(II)
- Wire loss
- 2.0%
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