SAFE HARBOR WITH RPCS
July 2, 2019. MONTEREY, CALIF.—RP Constructions Services announced this week their Safe Harbor strategy that will allow project developers, financers, and owners to benefit from this year’s Investment Tax Credit (ITC) rate for projects built in the coming years.
Customers can realize savings by both purchasing solar tracker materials from RPCS and storing them safely and cost effectively in RPCS’s two tracker storage facilities, located in California and Texas, to serve projects nationwide.
RPCS’s strategy offers complete flexibility to future projects by selecting components that are universal product parts and aren’t module or project specific. RPCS has the experience of engineering solar tracker projects in-house to give project owners and developers a competitive edge when it comes to planning and purchasing projects in advance in order to obtain the highest value of the ITC.
As Array Technology’s trusted partner for over ten years, RPCS focuses solely on designing and building solar tracker projects using the DuraTrack® HZ v3 to deliver the highest returns through long-term asset performance. Array’s industry-leading design is verified by an unparalleled track record of high uptime, exceptional performance, and zero scheduled maintenance.
RPCS’s Safe Harbor strategy complements their growing suite of turnkey services, including site layout optimization, ancillary engineering, foundation post and tracker procurement, mechanical installation, and tracker commissioning. With over 360 projects and nearly 1GW completed throughout the US, RPCS’s deep history and product knowledge provides customers with a trusted choice for turnkey execution of single axis tracker projects.
“One comment that has been made universally among people we’re engaged with on the Safe Harbor opportunity,” says RPCS CSO, Alex Smith, “is that, financially, it makes too much sense not to pursue. The question is how to keep as few strings attached to the materials in Safe Harbor as possible so that everyone can maintain their flexibility and take advantage of future shifts in technology or project design that aren’t yet known. We’re able to show how the components we recommend accomplish both things: they ensure a successful Safe Harbor program and also keep the project costs down later at the time of NTP. We’re already designing, stocking, and shipping out projects using these components in our two facilities so it’s natural for us to help companies looking to Safe Harbor materials for projects starting in 2020 and beyond.”
By implementing their Safe Harbor strategy, RPCS helps customers secure the highest tax credit rate while minimizing risks from project or technology changes. RPCS has the experience and capabilities to guide this purchasing decision toward components that will not lose their value or become barriers to other BOS selections when the projects are ready to proceed.
RP Construction Services, Inc. designs and builds ground mount solar projects. With over 360 projects and nearly 1GW completed or under construction throughout the United States, RPCS provides full turnkey service and support for the industry’s most bankable and reliable tracker, the Array Technologies DuraTrack® HZ v3 single-axis tracker, including site layout optimization, ancillary engineering services, tracker supply, foundation post procurement, and complete mechanical installation. For more information about RPCS, please visit rpcs.com or call us at 831.620.2188.