Year in Review 2017
As we strive to improve the quality of life of the communities we serve by providing leading technologies and services in a sustainable and fiscally responsible manner, Today’s Power, Inc. (TPI) achieved new milestones in 2017.
Our successes range from achievement in disrupting our business model and entering the commercial and industrial market to provide cost-effective solar projects to that sector.
The year 2017 provided an opportunity to reaffirm the wisdom and resiliency of our board of directors and team. We have continued to position ourselves to serve our cooperative customers as well the needs of commercial and agricultural customers.
The Board of Directors and leadership believe that technology developments will provide additional choices to consumers that will improve their standard of living and provide additional convenience and benefits while strengthening those business organizations that adapt to their ever-changing environment.
o Attended Solar Power International for new product evaluation
o Plan for Staffing
o Lead Arkansas Presentation
o Girl Scouts Presentation
o Table Sponsor at AAEA’s emPOWERing Arkansas 2017
o TPI became certified ChargePoint Installer
o Husqvarna 1 MW Dedication
o AECC EVCS Installation
o TPI added College Intern
o SATCO 120 Kw Dedication
o Secured financing through Prudential
o Exhibited at TechAdvantage
o TPI Website Makeover
o FECC 1 MW Dedication
o OECC 1 MW Dedication
o Product Restructuring
o TPI Enters into the Commercial/Industrial Solar Market
o Matt Irving became NAPCEP Certified
o Energized Tyson’s array at the Farm of the Future
Service Beyond Borders
South Arkansas Telephone Company (SATCO), a member of Ouachita Electric Cooperative (OECC), partnered with their utility and Today’s Power, Inc. (TPI) to install a 120-kW solar array at their Hampton-based location. With the completion of this array, SATCO has officially become the 1st Solar Powered Telephone Company.
TPI, a Little Rock-based subsidiary of the Electric Cooperatives of Arkansas, Inc. (AECI) supplied the engineering services, procurement, and installation of the 120 kW Commercial Solar Array. The array which consists of a fixed racking system and 400-325-watt panels will produce approximately 482,5000 kWh’s over its 25-year life-span.
TPI has offered utility-scale systems to electric cooperatives who are unable to take advantage of tax incentives since 2015, and with that success started offering systems to commercial clients to take advantage of the 30% ITC.
By collaborating with TPI and OECC, SATCO was able to guarantee electricity expenses for the next 25 years and go green with 100% solar. Theses saving in expenses will allow SATCO to invest in more fiber to the home for our customers allowing more services at lower costs. With this partnership, OECC is able to achieve peak demand reduction and better load factor.
According to General Manager and CEO of OECC, Mark Cayce, “We are trying to make South Arkansas the most technologically developed, energy efficient, and the greenest part of the state. We want to encourage more businesses that utilize solar and energy efficiency that they are welcome in our area. We welcome your green business.”
OECC and SATCO are investing millions to improve the quality of life in southern Arkansas for our members and customers. We believe that our partnership is the catalyst for future growth for our customers.
Cayce says, “Today’s Power has given South Arkansas the opportunity to be a leader in the solar development of Arkansas, and now with our (OECC & SATCO) ability to provide fiber the future for south Arkansas, in general, is very bright, and we are looking forward to the sun shining.”
Since Arkansas currently has one of the lowest rates of households with a broadband internet subscription, SATCO’s Mark Lundy says, “the telecommunication industry has to change 100% to keep pace with all new and exciting IOT (Internet of Things). We believe going solar with TPI and OECC is a great start to all the changes coming to our industry. Both the energy and communications industry have great change coming soon with things like solar and broadband, we think both companies are positioned nicely to excel for our customers and owners.”
As some trusted resources in their community, Ouachita Electric Cooperative and SATCO formed ARIS in 2017 with the goal of creating access to broadband in South Arkansas. Since being formed, ARIS has installed over 100 miles of fiber across South Arkansas
Get Charged: Co-op sponsored EVCS
Arkansas Electric Cooperative Corporation and Arkansas Electric Cooperatives, Inc. have partnered with Today’s Power, Inc. to install four EV chargers in the headquarters parking lot of the Little Rock campus.
Electric vehicles (EV) are becoming one of the largest variable loads on the grid. As a result, utilities are experimenting with business models and programs to incentivize their customers to purchase EVs and charge them at optimal times.
The Electric Vehicle Charging Stations (EVCS) are available to employees of AECC/AECI employees and the public. AECC/AECI employees can charge their electric vehicles free of charge, while the EVCS located in the front parking lot is visible on charging apps such as Plug Share and the ChargePoint App. The public will pay $1 per charging session at this station.
Today’s Power, Inc. installed two, level 2, dual-port ChargePoint EVCS and two Tesla dual-port chargers at the AECC Headquarters in the last quarter of 2017.
The level two ChargePoint charger is compatible with 90 percent of the electric vehicles on the road today and doesn’t create strain on a vehicle’s battery. ChargePoint is the leading EVCS in the nation, and TPI is a distributor and certified installer of ChargePoint EV chargers.
Today’s Power, Inc. is a certified installer of ChargePoint Chargers and will offer EVCS installations to member systems and other utilities in 2018. The units can be customized with for utility recognition.
Today’s Power, Inc. Board of Directors
Mark Cayce – Chairman
Rick Love – Vice Chairman
Wayne Whitaker – Secretary