Posts From July, 2022

A Tour of California’s First Residential Microgrid Community With 219 Net-Zero-Energy Homes

Schneider Electric Blog
A Tour of California’s First Residential Microgrid Community With 219 Net-Zero-Energy Homes
View original blog on Schneider Electrics website In an unassuming town situated between Los Angeles and San Diego, you’ll find the future of the American neighborhood. I’m not talking about the Jetsons-style sci-fi; I’m talking about California’s first-of-its-kind residential microgrid community. This community is a real-life example of the new energy landscape — or what we at Schneider Electric™ describe as Electricity 4.0 — the convergence of digital intelligence with electricity. Shadow Mountain, in Menifee, California, consists of 219 smart homes. Each home is equipped with its own solar-plus-battery system, which is pretty cool already. But KB Home, a national homebuilder who led the project, took it a step further by deploying a microgrid system. This microgrid connected all 219 homes and their batteries with a shared centralized 2-megawatt (MW) community battery — a first. For each net-zero-ready home, this extra layer of backup power offers an unparalleled level of... read more
 

Lessons Learned for Thriving During an Economic Downturn

Excerpts from George Casey's presentation at the EEBA Builder Benchmark Group (BBG) Retreat 2022

Know what business you're in and capitalize for it. Are you a developer? Are you a builder? Are you in and titeler? And those of you who do multiple things, each one of them requires a different capital structure. If you're doing the land business, you better have a lot of equity but, if you are a builder, you can have a reasonable amount of debt because you're spinning your inventory relatively fast. You should ask yourself, are we capitalized correctly? 

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