HelioPower, Inc.
TypePrivate Company
IndustryEnergy production, Energy Management, Renewable energy, energy storage
Founded Fallbrook, California, U.S.
FounderMaurice Rousso
Headquarters
43397 Business Park Dr, Temecula, California, 92590
,
U.S.
Number of locations
1 (2018)
Key people
Maurice Rousso (Chairman)
Brad Schmehl (President)
Number of employees
50 (2018)
HelioPower, Inc. headquarters in Murrieta, CA
HelioPower, Inc.'s installation trucks & company vehicles

Based in the United States and founded in 2001, HelioPower develops proprietary projects with third-party offtakers and currently owns and operates more than 100 energy systems at facilities such as the Tech Museum of Innovation in San Jose[1][2] and Ronald McDonald House in San Diego.[3][4]

Products and Services

HelioPower operates 6 business lines:[5]

  1. Residential solar
  2. Energy analytics
  3. Engineering, procurement and construction (EPC) for distributed energy projects and facility improvements
  4. Energy project finance and advisory services
  5. Energy asset management including Operations & Maintenance (O&M) services
  6. PredictEnergy™, an energy analytics software platform

Residential Solar

HelioPower was a top 10 installer in California in 2013[6][7][8] having installed over 4,000 residential solar voltaic PV systems in California and Nevada. They offer direct-to-customer or direct-to-partner services. Direct-to-customer services include complimentary energy audits, energy efficiency upgrades, and solar systems.[9][10] HelioPower offers numerous residential financing options including leases and power purchase agreements, utility rebate programs, PACE financing programs including the HERO program,[11][12] and State and Federal energy incentives.

Direct-to-partner services include full EPC offerings as well as third-party financing for qualified partners.[13]

Energy Analytics

Energy analytics synthesizes three distinct but inter-related pieces of information: (1) How much energy and power a business uses, and when and where it’s used; (2) what a business makes, moves or stores; where it performs this work, when it performs this work, and how this work changes and scales; and, (3) what a business pays, and how it procures, energy and power. HelioPower provides energy analytics consulting services to the water/waste-water, manufacturing and distribution industries.

Engineering, Procurement, & Construction (EPC)

HelioPower offers turnkey EPC solutions including solar PV, energy storage and facility improvement measures as well as systems integration solutions including CHP and bio-mass. HelioPower also decouples its EPC capabilities and offers discrete engineering, procurement and construction services to end users and industry partners. HelioPower has performed engineering and construction management services throughout the US and worldwide.

HelioPower operates with a structured project planning and control (PP&C) methodology based on PMI's (the Project Management Institute) PMBOK.

Energy Project Finance & Advisory Services

HelioPower raises and syndicates project finance for proprietary and third-party energy projects and provides financing options for all its customer segments. Offerings include power purchase agreements (PPA),[14] leases, and/or subsidized energy loans. All financing products are structured to lower the overall cost of energy and significantly reduce or eliminate the upfront cost of purchasing an energy system. HelioPower also offers energy finance advisory services for avoided cost analyses, project modeling, project placement, and best fit analyses.

Asset Management Including Operations & Maintenance (O&M)

In addition to distributed generation asset management, HelioPower provides operations and maintenance services specifically for solar assets, battery backup systems, off-grid systems and solar manufacturer warranty and after-market support. HelioPower’s asset management capabilities grew out of its proprietary portfolio of distributed generation assets. HelioPower currently manages over 20 megawatts of commercial and industrial sector solar assets.[15][16]

PredictEnergy Energy Analytics Software

Predict Energy is a cloud-based commercial and industrial energy analytics software platform that tracks, analyzes and predicts energy cost and energy intensity based on three dimensions:

  1. Energy Intensity - energy and power by date, time and location
  2. Business performance - production, distribution or processing volume by date, time and location
  3. Cost structure - electric utility tariff, distributed generation, work rules and demand response impact

The PredictEnergy software platform is specifically designed to address energy intensity in the manufacturing, distribution, and water/waste-water industries.

Locations

HelioPower, Inc. was founded in Fallbrook, California. Since 2007, HelioPower has been headquartered in Murrieta, California.[17] HelioPower has the following additional locations: San Diego County, San Francisco, Concord, and Coachella Valley, California, as well as Incline Village, Nevada. This strategic coverage allows HelioPower the ability to service residential and commercial customers in California statewide.

Helio Micro Utility and Acquisition of Greenzu, Inc.

In 2007 HelioPower spun out Helio Micro-Utility in order to provide specialized project finance services to energy investors, financial institutions, and end-users[18] In 2008, Helio Micro-Utility developed the Helio Green Energy Fund with CitiBank for non-profit corporations and affordable housing communities.[19] On August 20, 2013 HelioPower officially acquired Greenzu, Inc.,[20][21][22][23] a national provider of solar finance solutions for commercial and non-profit customers. The acquisition expanded HelioPower's suite of energy financing products.

Solar Water Funding Alliance

On May 28, 2014, HelioPower partnered with Panasonic Eco Solutions North America (Panasonic) and its strategic partner Coronal Group to create the Solar Water Funding Alliance,[24][25] a multi-million-dollar effort focused solely on developing, building, financing and managing solar PV installations for California's water agencies. Recognizing the urgent need among water agencies to reduce expenses, this alliance enables these agencies to save significantly on their electric bill by converting to photovoltaic solar energy with zero upfront costs. As a result, water agencies are able to transfer the money they were paying the electric companies back into water projects to help their own ratepayers.

See also

References

  1. ↑ "SAN JOSE'S TECH MUSEUM OF INNOVATION DEDICATES 185-KILOWATT SUNPOWER SOLAR SYSTEM". SierraAngels.com. Retrieved 2014-06-30.
  2. ↑ San Jose Tech Museum. "SJTM Solar System". TheTech.org. Retrieved 2014-04-14.
  3. ↑ San Diego, Ronald McDonald House. "First Ronald McDonald House in California Goes Solar". Bloomberg. Retrieved 2014-06-30.
  4. ↑ Breslin, Mike. "Ronald McDonald House in San Diego First in California to Go Solar". ECMag.com. Retrieved 2014-06-30.
  5. ↑ "Business Week Product Snapshot". Business Week. Archived from the original on August 8, 2014. Retrieved 2014-06-30.
  6. ↑ "PV Solar Report 2013" (PDF). PV Solar Report. Retrieved 2014-02-20.
  7. ↑ "Consumer Report Ranking". Murrieta.Patch.com. Retrieved 2014-06-30.
  8. ↑ "Consumer Report Ranks HelioPower the Value Leader in California Home Solar". PRNewsWire.com. Retrieved 2014-06-30.
  9. ↑ "One Block Off the Grid (1BOG) Offers San Diego Residents Lowest Solar Price Ever Through Group Discount Program". WLNS.com. Retrieved 2014-06-30.
  10. ↑ Naiman, Joe (2010-01-14). "HelioPower gets One Block Off the Grid contract". The Village News. Retrieved 2014-06-30.
  11. ↑ "Supervisor Jeff Stone Takes Advantage of Solar HERO Program". Murrieta.Patch.com. Retrieved 2014-06-30.
  12. ↑ "Learn about HERO financing for solar energy". Friday Flyer. 2014-04-19. Retrieved 2014-06-30.
  13. ↑ "HelioPower And SunRun Offer California Homeowners Affordable Solar". SolarDaily.com. Retrieved 2014-06-30.
  14. ↑ "A SOLAR CHRISTMAS MIRACLE?". PVSolarReport.com. Retrieved 2014-06-30.
  15. ↑ "Helio Power - Prather Ranch // Food Energy". Retrieved 2004-06-30.
  16. ↑ "HACSB and HelioPower Complete Multifamily Affordable Solar Housing Project in California". AZOCleanTech.com. Retrieved 2014-06-30.
  17. ↑ "Murrieta Solar Company HelioPower Announces Move to a Larger Location". PRBuzz.com. Retrieved 2014-06-30.
  18. ↑ "Leading Solar Asset Developer, Helio Micro Utility, Acquires Simple Energies LLC". PRNewsWire.com. Retrieved 2014-06-30.
  19. ↑ "Citi and Helio Micro Utility Announce the Green Energy". Bloomberg L.P. 2008-08-14. Retrieved 2014-03-10.
  20. ↑ HelioPower Acquires Greenzu To Strengthen Energy Finance Services
  21. ↑ Wheeland, Matthew. "Solar Consolidation". solarenergy.net. Retrieved 4 July 2014.
  22. ↑ "Heliopower acquires 'zero money down' solar company Greenzu". PVTech.org. Retrieved 2014-06-30.
  23. ↑ "HelioPower Acquires Solar Finance Firm". SolarIndustryMag.com. Retrieved 2014-06-30.
  24. ↑ "Coronal Group and Panasonic Eco Solutions North America Team With HelioPower to Create Solar Water Funding Alliance". Finance.Yahoo.com. Retrieved 2014-06-30.
  25. ↑ "Coronal Group and Panasonic Eco Solutions North America Team With HelioPower to Create Solar Water Funding Alliance". MarketWatch.com. Retrieved 2014-06-30.
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