Season 3 finale with Station A CEO Kevin Berkemeyer on clean energy marketplaces, commercial solar, storage and EV charging in the US.
About this episode
0:00:00.240,0:00:04.480
Clean energy is ready, but the market might just not be moving fast enough.
0:00:04.480,0:00:08.560
If you want to understand what's slowing it down and how to fix it,
0:00:08.560,0:00:16.840
stay tuned to this episode of the Green New Perspective podcast.
0:00:20.000,0:00:24.560
Hello friends, you are watching or listening depending on the platform of your choice,
0:00:24.560,0:00:30.080
the Green New Perspective podcast where we talk about climate/manufacturing innovations and
0:00:30.080,0:00:35.120
discovering marketing strategies that are fueling growth in this space. One thing we keep
0:00:35.120,0:00:41.520
coming back to during this podcast is this great technology scales only when people know
0:00:41.520,0:00:47.440
how to buy it. Solar storage and EV charging already make financial sense for thousands
0:00:47.440,0:00:52.640
of buildings, but adoption is still slower than it should be. And it's not because the tech is
0:00:52.640,0:00:58.720
not ready, it's ready, but the process is slow, often messy, and built for one-off
0:00:58.720,0:01:04.080
projects. That's what today's guest is focused on fixing. His name is Kevin Berkemeyer,
0:01:04.080,0:01:10.560
the CEO and co-founder of Station A, a clean energy marketplace designed to bring data
0:01:10.560,0:01:16.000
transparency and real competition to the clean energy procurement. In this episode,
0:01:16.000,0:01:23.360
we are talking about why fixing the process might be the fastest way to scale the energy transition.
0:01:23.360,0:01:28.720
Enjoy the conversation. Kevin, welcome to the Green New Perspective
0:01:49.520,0:01:54.880
podcast. Thanks for having me. So, for those who are meeting you for the first time, can you
0:01:54.880,0:01:59.520
introduce yourself and the work you're focused on right now? My name is Kevin Berkemeyer, one of the
0:01:59.520,0:02:04.560
founders, CEO of Station A. Station A is a clean energy marketplace and we built a marketplace
0:02:04.560,0:02:10.080
specifically to make energy transactions more efficient, more scalable, and and ultimately more
0:02:10.080,0:02:14.320
cost effective. Our goal, the destination that we're driving towards is to become the number one
0:02:14.320,0:02:19.040
clean energy marketplace where we originate more energy transactions than any other platform out
0:02:19.040,0:02:23.280
there. And what sparked the idea that eventually became Station A? It was really interesting. So,
0:02:23.280,0:02:28.720
I have like I have a background in in on the project side. So solar energy storage project
0:02:28.720,0:02:34.400
development and had a lot a lot of experience you know finding good sites originating good sites
0:02:34.400,0:02:39.040
for different clean energy technologies and then developing those projects. Our co-founders have
0:02:39.040,0:02:44.560
a lot of experience in building science and modeling buildings at scale and then building
0:02:44.560,0:02:49.680
scalable software platforms. And we kind of all came together with like our diverse and
0:02:49.680,0:02:55.200
different experiences based on our experience with this problem where everybody in the market tries
0:02:55.200,0:03:00.960
to sell a specific point solution to a customer to a buyer. Everybody typically approaches that
0:03:00.960,0:03:07.040
with like a pitch and that pitch is around a menu of options. And so what we saw was like a really
0:03:07.040,0:03:12.640
slow a really manual process that leveraged a patchwork of different tools and it ultimately
0:03:12.640,0:03:17.920
was very costly as well and limiting the market. So given like the diverse expertise that we have
0:03:17.920,0:03:21.120
like the experience that we have we saw there's like okay there's a totally different way to do it
0:03:21.120,0:03:26.080
and that we could flip this flip this model around and instead of starting with a pitch we start with
0:03:26.080,0:03:30.480
like data and intelligence and a recommendation around what somebody should do just from the
0:03:30.480,0:03:36.560
outset and just with an address. And so where we like unify and all these different tools to
0:03:36.560,0:03:41.360
provide a far more simple experience that enables you to get the data in your hands as quickly
0:03:41.360,0:03:46.400
as possible to say I should do solar on these buildings. I should do storage on these buildings.
0:03:46.400,0:03:51.040
I should deploy EV charge on these buildings and here's the exact business case around that. And so
0:03:51.040,0:03:56.640
the the problem of scalability is really like why we started this company and the scalability across
0:03:56.640,0:04:01.600
clean energy transactions. So would you say that scalability is the let's say the problem in the
0:04:01.600,0:04:06.000
clean energy space that you were most determined to solve? Yeah, I think I I mean I come from like
0:04:06.000,0:04:10.240
the school of thought that like we have the existing technology that we need in the market
0:04:10.240,0:04:15.360
already. uh so we don't need a new bright shiny object necessarily like what we need is a better
0:04:15.360,0:04:21.040
way to execute a more scalable way to execute and by execute what I mean is one understand
0:04:21.040,0:04:26.480
like which options are best on a given site and then two to then figure out what are the terms and
0:04:26.480,0:04:33.280
who to work with to execute that project and and so I think that like the problem of scalability
0:04:33.280,0:04:40.720
is core you we're at 5% deployment across the US in terms of clean energy on buildings
0:04:40.720,0:04:46.080
for example, that is a very small number and there's about at least 500,000 financially viable
0:04:46.080,0:04:50.800
opportunities out there. It's about $300 billion of capex that would be financially accreative
0:04:50.800,0:04:55.520
and valuable to that building owner or to that site owner. And so why is that market not being
0:04:55.520,0:04:59.520
tapped? I think it's because we have not built a scalable way to execute these projects. And
0:04:59.520,0:05:03.920
that's what we're trying to do. What's interesting about your company, at least for me, is that from
0:05:03.920,0:05:09.600
the start you made decision based on financial performance. So how much money a project earns,
0:05:09.600,0:05:15.600
how quickly it pays back instead of leading with this sustainability story or ESG branding. Why
0:05:15.600,0:05:20.000
was it important for you to build the business that way? I mean inevitably businesses make good
0:05:20.000,0:05:23.680
business decisions, right? And what is a good business decision? A good business decision
0:05:23.680,0:05:27.760
is something that adds value. Uh and so you can add value in a number of ways. And some companies
0:05:27.760,0:05:34.160
purely make decisions around sustainability, which is great. But most businesses make business
0:05:34.160,0:05:39.760
decisions around, you know, what drives value in that business. So what reduces your opex?
0:05:39.760,0:05:43.520
So what reduces your operating expenditures, what increases your, if you're a real estate company,
0:05:43.520,0:05:49.120
what increases your net operating income on that asset. Those are business decisions, you know,
0:05:49.120,0:05:55.440
that we want to enable at scale. Now, what's exciting about the clean energy space is that you
0:05:55.440,0:06:01.920
can make good business decisions that add value to a business and provide sustainability benefit as a
0:06:01.920,0:06:07.600
whole as well and energy security and resiliency. So, there's a lot of, you know, additional value
0:06:07.600,0:06:12.800
to the business, but you got to start like it has to be a good value prop, you know, it has to be it
0:06:12.800,0:06:17.840
has to make sense from a financial perspective. And how do your partners react? Was there any
0:06:17.840,0:06:24.000
skepticism? Our partners mean like our customers or our Yes. Yes. Yes. The skepticism around what?
0:06:24.000,0:06:28.400
Like skepticism around like is that true or when you started the company around the messaging and
0:06:28.400,0:06:34.080
around what you're doing overall? Yeah. Yeah. Yeah. Well, we it's interesting because we started
0:06:34.080,0:06:39.280
out as a data company. So, selling access to our data as a prospecting tool to the providers in the
0:06:39.280,0:06:43.760
market. They would leverage our data to find good sites. And then organically we actually started
0:06:43.760,0:06:48.560
to inbound building owners who then were using our data to evaluate their own sites. And then
0:06:48.560,0:06:52.320
that naturally evolved to them asking us if we could refer them to a provider who could build
0:06:52.320,0:06:57.360
their project. And that is when we launched a marketplace for transactions. So where we were
0:06:57.360,0:07:01.920
not just evaluating buildings but then we were actually like helping define the commercial terms
0:07:01.920,0:07:07.440
and helping somebody find the provider who could build or finance that project. when we started,
0:07:07.440,0:07:12.560
you know, the business, everyone was like, "This data is great." Like, "This is super valuable.
0:07:12.560,0:07:18.400
It's it's it's refreshing to have like an agnostic view into the options." And then it just became a
0:07:18.400,0:07:23.840
natural evolution for us to then take a a step closer to the transaction to actually then go
0:07:23.840,0:07:29.040
and solicit bids and compare those bids all within the same platform. And so, I'd say a
0:07:29.040,0:07:34.640
lot of what we've built has been because like the customers have wanted it and have desired it. It's
0:07:34.640,0:07:38.720
such a no-brainer value proposition really for the customer. And we hear time and time again,
0:07:38.720,0:07:44.080
it's like like I'm so glad this is exists. This is obvious. This should exist. I think the one bit
0:07:44.080,0:07:49.920
of skepticism we had was initially from investors where like investors were were like this business
0:07:49.920,0:07:54.640
the status quo has never changed. Too hard to change it. Can't build a marketplace blah blah
0:07:54.640,0:07:59.920
blah blah blah. And so I just have like a that ingrained in my mind and just to like disprove
0:07:59.920,0:08:04.800
on a daily basis. But I think what's exciting is that we are actually like disproving, you know,
0:08:04.800,0:08:12.640
that cynicism, that skepticism. Like we have now listed, you know, over 300 megawatts of projects.
0:08:12.640,0:08:17.200
So it's over $500 million of of of project value. We work with some of the biggest real
0:08:17.200,0:08:21.440
estate companies and biggest corporations in the world. And we are pitching the exact same thing to
0:08:21.440,0:08:26.880
everybody. and it resonates and I think that you know those are all proof points I think that are
0:08:26.880,0:08:32.080
showing you know that that this model does work and people do want a different option and so I
0:08:32.080,0:08:36.720
think that's what excites us. So you mentioned that you're using data and mapping technology
0:08:36.720,0:08:41.920
to out and analyze buildings. So how does that make it easier for for building owners to decide
0:08:41.920,0:08:47.840
whether clean energy makes financial sense and what were they struggling with before you existed?
0:08:47.840,0:08:51.920
Yeah. So, traditionally, I mean, the status quo would be, you know, you would get that pitch from
0:08:51.920,0:08:58.080
a provider and they'd be like, "Hey, I could sell you solar, storage, EV charging, demand response,
0:08:58.080,0:09:02.480
energy efficiency." So, this menu of options and then they that provider would say to the
0:09:02.480,0:09:06.240
buyer like, "You tell me, you know, like what are you interested in?" And the buyer would be like,
0:09:06.240,0:09:10.480
"I don't know. Like, I'm not the expert. You're the expert. Like, you tell me." And then the
0:09:10.480,0:09:14.880
provider says, "All right, give me all of your data. We'll evaluate that and we will come back
0:09:14.880,0:09:19.840
with a proposal." And those proposals come back, you know, in months, like 6 months depending on
0:09:19.840,0:09:23.120
the size of the, you know, portfolio. And so when I said we flipped that around,
0:09:23.120,0:09:27.680
what we did is instead we we knew all the inputs to answering the question of what somebody should
0:09:27.680,0:09:34.800
do. So then we went out, we collected all the data to provide those inputs. So like electricity bill
0:09:34.800,0:09:38.880
data, 3D size and shape of building, what is the industry type of that building? So then we could
0:09:38.880,0:09:43.360
predict the electricity consumption, right? What is somebody then paying for their electricity on
0:09:43.360,0:09:47.760
an annual basis? Then bringing in incentives and policies, understanding the attributes of
0:09:47.760,0:09:52.080
the building where there's obstruction on the roof for example. So then we could size a solar
0:09:52.080,0:09:57.200
project based on the space available. And then we can model the economics of that system based on
0:09:57.200,0:10:01.760
latest and greatest project costs. So that we produce a recommendation in the first meeting
0:10:01.760,0:10:07.360
that we talk to somebody and that is a datadriven recommendation. It's not a menu of options. So
0:10:07.360,0:10:13.200
that taking that like what would take three to six months down to like an instant, you know, a matter
0:10:13.200,0:10:17.680
of seconds, I think is is kind of gamechanging in how a customer figures out what they should
0:10:17.680,0:10:22.880
do on a given building. And that is like a core piece of that scalability. We mentioned that some
0:10:22.880,0:10:28.800
of the investors were skeptical. So when you were just getting started off the ground, what were you
0:10:28.800,0:10:37.680
doing on the sales side? How did that work? Yeah. Well, I think uh you know from the in investor
0:10:37.680,0:10:42.720
side, I think that like what we were trying to do is like a first and it's hard. It's a complex
0:10:42.720,0:10:47.600
business. I mean, we've gotten a lot better at pitching it uh to be to be fair and and I think,
0:10:47.600,0:10:51.600
you know, the vision has really refined and and and I think, you know, we've attracted
0:10:51.600,0:10:56.480
some really like excellent investors. I think we have always been able to sell, you know, and and
0:10:56.480,0:11:02.880
I think sell effectively to the customers like in the market. Uh and and I think that that's because
0:11:02.880,0:11:08.320
we we solve just a core challenge and problem that they have which is like figuring out what to do on
0:11:08.320,0:11:15.520
a building and then who to work with and doing that at scale and more efficiently. So I I think
0:11:15.520,0:11:23.040
uh it it traditionally has always been a challenge to answer those two questions and then you know
0:11:23.040,0:11:28.160
providers always want more projects. They want more projects to build to finance. So our ability
0:11:28.160,0:11:34.160
to bring them more projects that are wellqualified with all the data where they can just focus on
0:11:34.160,0:11:39.680
execution I think is a core value ad you to that side of the market too. And what did that teach
0:11:39.680,0:11:45.840
you about the market? I'm sorry. What did that teach you about the market? I mean I think it
0:11:45.840,0:11:51.520
core you like you got to listen to your customers and and listen like to the market and get curious
0:11:51.520,0:11:56.880
and and so like customer discovery is is kind of critical. like we never I don't think that we've
0:11:56.880,0:12:04.880
built this business in a vacuum. We've we've taken efforts to really like balance like okay
0:12:04.880,0:12:10.640
where do we think this needs to go and what do our customers need and make sure that like we're
0:12:10.640,0:12:14.640
building things that are valuable to the customers and you know that are aligned with where we think
0:12:14.640,0:12:20.720
this needs to go and adapt and iterate you know and adjust as as you move forward and get you know
0:12:20.720,0:12:25.680
new information and new data and so I I I think that that has been a core growth of the business
0:12:25.680,0:12:30.320
we've also just been good at experimentation so good discovery, good at testing, seeing what
0:12:30.320,0:12:35.040
sticks, seeing what works, then building it, you know, at scale and rolling that out more
0:12:35.040,0:12:41.280
aggressively. But all about iteration, customer discovery, and and adapting, making changes you
0:12:41.280,0:12:46.400
as you get new data. Like you mentioned, like selling this new category product
0:13:08.240,0:13:13.280
has its own journey. So, what did you learn that other founders should hear? I think one
0:13:13.280,0:13:19.840
key lesson and this is pretty obvious but is like really understand the customer. Uh and I know it's
0:13:19.840,0:13:25.520
obvious and some people like assume like oh I know the customer but I like really define and build
0:13:25.520,0:13:32.720
like a discovery engine and machine that is really getting to the heart of the customer problem
0:13:32.720,0:13:38.880
uh and and then you know building a solution that helps solve that problem. And sometimes we've been
0:13:38.880,0:13:43.920
bad at that and then sometimes we've been good at that. And I'd say we've been more good at that
0:13:43.920,0:13:49.280
than bad at that. And we're getting better and better at that, which is important. And then uh I
0:13:49.280,0:13:55.360
think that the the second thing is uh yeah, it's like and this is kind of related, but it's like
0:13:55.360,0:13:59.600
find those pockets of conviction. You know, it's like where do you really have conviction that this
0:13:59.600,0:14:04.960
is like this works? Mhm. And then once you find that, you know, pocket of conviction, then you
0:14:04.960,0:14:10.160
then you really accelerate and lean in or prove that that conviction is right. And that for us was
0:14:10.160,0:14:15.200
always around product market fit. So it's like, do we have conviction around product market fit? When
0:14:15.200,0:14:19.520
we have that like and all we've been doing like in the first stage of our company is like navigating
0:14:19.520,0:14:24.320
towards that product market fit and and I kind of define that as like there's obviously demand
0:14:24.320,0:14:29.280
for what we have, but we're just selling the same thing over and over and there's a repeatability to
0:14:29.280,0:14:34.000
it. And once we nailed that conviction, then we raised more capital and now we're really
0:14:34.000,0:14:39.040
kind of scaling and accelerating that. Uh so I I would really just be disciplined about navigating
0:14:39.040,0:14:45.840
towards that that product market fit before you then like really accelerate. And you mentioned
0:14:45.840,0:14:52.000
that Station A is helping derisk outcomes in practice what d-risking actually looks like
0:14:52.000,0:14:57.440
for your customers. Yeah. So I'd say there's like three things you know three things that you know
0:14:57.440,0:15:03.680
that we do Yeah. that we do really well. One is the faster upfront analysis. Two is then running
0:15:03.680,0:15:12.080
like a a a well structured uh well-designed process to solicit bids and compare bids from
0:15:12.080,0:15:18.000
the market. And then three, which is part of that process, is derisking the outcome. And what that
0:15:18.000,0:15:23.200
really means is that like eliminating surprises. And so what I mean by that is to dive deeper is
0:15:23.200,0:15:27.920
like kind of acting as a fiduciary to the buyer, understanding everything that we can, you know,
0:15:27.920,0:15:34.160
about a provider's execution plan for a project, their economics, what are the contingencies, but
0:15:34.160,0:15:39.840
really getting all the data and information out up front so that there are no surprises downstream
0:15:39.840,0:15:44.080
when you build a project, so that there are no change orders, so that there are no, you know,
0:15:44.080,0:15:50.560
schedule slippages. Uh what's really interesting is we're trying we're starting to survey buyers
0:15:50.560,0:15:57.360
and providers post project like execution to then you know retroactively go back and say
0:15:57.360,0:16:01.840
like were there change orders? Were there schedule slippages? How did those manifest? Why did those
0:16:01.840,0:16:07.040
happen? uh to inform you know how we can improve the process up front but also like hey providers
0:16:07.040,0:16:14.000
like which providers do not change their proposals or terms you know which providers are not issuing
0:16:14.000,0:16:20.000
change orders etc so that we give the customer a d-risk outcome at the end of the day and what the
0:16:20.000,0:16:24.480
feedback has been from the customers yeah I think the I mean the feedback has has been great like
0:16:24.480,0:16:31.280
we've we regularly compete against people who who or we regularly work with customers who already
0:16:31.280,0:16:35.280
have proposals in and and you know where they're like, "Oh, we wish we would have met you 3 months
0:16:35.280,0:16:40.640
ago." And we're like, "Well, you know, we can still you we can still run your projects and your
0:16:40.640,0:16:43.920
transactions through our marketplace and you can compare those to the proposals that you have in
0:16:43.920,0:16:50.480
hand." Um, in every single instance of that, we've won that business. And and the reason that we've
0:16:50.480,0:16:54.720
owned that business is because we've done two things and I think two things well is one we've
0:16:54.720,0:17:00.960
solicited bids from like a broader audience from highly reputable vetted providers and so we've
0:17:00.960,0:17:05.440
gotten more bids and then the second thing is that we've gotten you know more competitive bids and so
0:17:05.440,0:17:09.760
we've gotten more bids from reputable providers that are more competitive and on average about
0:17:09.760,0:17:16.560
20% lower cost than what that bid was that that person had in hand already. Uh, and so I think
0:17:16.560,0:17:21.120
one of our core values as a company is like show don't tell. So show with data, right? Don't tell
0:17:21.120,0:17:26.240
somebody something. Just show them the actual truth. And and I think our ability to do that
0:17:26.240,0:17:32.800
and and show that outcome with data just makes our customers come back to us for other transactions,
0:17:32.800,0:17:38.640
more transactions, etc. So I think the proof is kind of in that repeatability like in you know
0:17:38.640,0:17:44.240
the data that is delivering better results and and deist outcomes for the customer and and so very
0:17:44.240,0:17:49.040
positive reactions as a result. Yeah. I wanted to ask you there's a lot of debate based on this
0:17:49.040,0:17:54.480
podcast because we have a lot of guest speakers here from the clean energy market. There was a lot
0:17:54.480,0:17:59.920
of debate around how incentives shape behavior in the clean energy market. So what's your take and
0:17:59.920,0:18:07.760
how do you see efficiency playing into that? Yeah, I mean I I'm from the school of thought where I
0:18:07.760,0:18:13.200
think this this business gets the most exciting when we don't rely on incentives. Uh and I also
0:18:13.200,0:18:17.920
think that we have to track towards you know not relying on incentives. I think that's what we are
0:18:17.920,0:18:24.400
doing as an industry. I think that's what we are striving for as a business. I think that
0:18:24.400,0:18:29.600
uh the reality right now is that we still need you know some incentive but that is changing
0:18:29.600,0:18:38.240
very very quickly. Uh and what is changing that is one rising electricity costs. Uh we're seeing
0:18:38.240,0:18:43.680
unprecedented increases in electricity costs, sorry, in electricity costs across every state
0:18:43.680,0:18:49.120
in the US. You know, you've got about 45 states in the US that have reported increases in electricity
0:18:49.120,0:18:57.200
costs uh this year. 16 of those are greater than 10%. Four of those are greater than 20%. There
0:18:57.200,0:19:02.640
is just a mismatch in demand and supply. there is a dramatic demand for additional electricity
0:19:02.640,0:19:07.680
generation and more flexible assets like storage that's just driving price increases that makes
0:19:07.680,0:19:13.120
the value prop for solar and for storage on site that helps manage those costs even more attractive
0:19:13.120,0:19:17.200
regardless of incentives and policies. Um and then I think the second thing is like we have
0:19:17.200,0:19:21.520
to we've got to change the status quo. We got to change the way that we execute these projects. We
0:19:21.520,0:19:26.400
have to create a more scalable way to do that and that plays exactly into what we do and the
0:19:26.400,0:19:31.840
value prop that we have. What we're trying to do is really drive down the cost to deploy,
0:19:31.840,0:19:38.160
drive down the soft costs, which are like 35 to 50% of a total project costs so that we
0:19:38.160,0:19:44.160
don't need incentives uh and we can do projects anywhere just given the market fundamentals and
0:19:44.160,0:19:48.240
we're already starting to see that happen in a number of states and markets in the country.
0:19:48.240,0:19:54.880
That's good to hear. Yep. Yep. So you you built a a structured data set like you mentioned of
0:19:54.880,0:20:00.800
project pricing and provider performance. So how does that create a flywheel that improves every
0:20:00.800,0:20:07.280
future project? Yeah. So I'd say we have we've got you know a lot of proprietary data sets you
0:20:07.280,0:20:11.520
as a software company everything is structured data and the reason that is important is then we
0:20:11.520,0:20:16.080
can use that data to drive insights but we can also use that to like improve our models and
0:20:16.080,0:20:22.160
so the structured data that we have is you know we've got hundreds of data points for every you
0:20:22.160,0:20:26.240
know specific building to inform a recommendation but we're also getting a lot of structured data
0:20:26.240,0:20:31.200
out of the marketplace that's project price data sorry project cost data project price cost data
0:20:31.920,0:20:37.360
uh that's components which components are used. It's performance data and track record data of
0:20:37.360,0:20:42.800
providers. We are now starting to cycle this into that upfront evaluation so that we can
0:20:42.800,0:20:52.240
say okay you should do solar on this building in the state of Arizona because we've run you
0:20:52.240,0:20:57.040
know x number of transactions through Arizona and here's the project cost data that we're getting
0:20:57.040,0:21:00.880
from the market and so here's what we think the economics are based on actual data from
0:21:00.880,0:21:06.240
the market. Similarly like here are providers in the market who have an expertise in that market
0:21:06.240,0:21:12.400
who have one transactions through Station A who have X number of megawws deployed X safety record
0:21:12.400,0:21:18.800
etc who you would be best suited to actually you know that specific project and transaction. So
0:21:18.800,0:21:23.040
we're really you know we're starting to take the data that is coming out of the marketplace cycle
0:21:23.040,0:21:27.360
that back into the upfront evaluation upfront qualification as well as evaluation qualification
0:21:27.360,0:21:32.480
of the bids that come in too. And what have you learned from the data that even surprise you?
0:21:32.480,0:21:38.880
I think the the things that we've learned that that are interesting is uh you've got like the
0:21:38.880,0:21:44.560
bid spreads are wild. The average bid spread that we see for a given project is 50% of the project
0:21:44.560,0:21:50.320
cost. It's a huge delta. So that could be about a million dollars swing, you know, on the average
0:21:50.320,0:21:55.440
project between the low bid and the high bid. Huge huge delta. You also, excuse me, you also see
0:21:55.440,0:22:00.080
similar deltas in terms of like the execution plan and how long it would take somebody to to execute
0:22:00.080,0:22:05.360
on that project. So it's like what's driving these swings? You know, these are I think indicative of
0:22:05.360,0:22:10.160
the fact that some providers are really good in certain markets and some are not and some add a
0:22:10.160,0:22:16.080
lot of contingency and some don't. Some are just plain, you know, lying and some are not. And and
0:22:16.080,0:22:21.760
so I think that is why having like a transparent process that produces an apples apples comparison
0:22:21.760,0:22:29.520
is really important to the customer at the end of the day. Again going back to derisk the outcome
0:22:29.520,0:22:35.200
we're going back going to the to the end of the conversation. So looking ahead what would be next
0:22:35.200,0:22:41.760
for Station A and what are you most excited to build in the next chapter? Yeah. So coming up next
0:22:41.760,0:22:47.120
for us is obviously continuing to build out our core business. So that core marketplace business.
0:22:47.120,0:22:51.280
But I'd say like we look at expansion from that core across two different dimensions. You know,
0:22:51.280,0:22:56.800
one is horizontal. So doing more to enable transactions and to drive soft costs down.
0:22:56.800,0:23:01.920
What I mean by that is like supporting customers on contract negotiations, helping define like what
0:23:01.920,0:23:06.320
is fair and standard from a terms perspective. providing additional services to the customer to
0:23:06.320,0:23:10.560
make sure that you know the outcome is ultimately d-rest and they have no surprises downstream and
0:23:10.560,0:23:14.560
then we also look at the vertical so what are the solutions that we offer you know it's solar
0:23:14.560,0:23:18.480
it's storage it's behind the meter it's front of the meter it's community solar subscriptions
0:23:18.480,0:23:23.600
EV charging continuing to expand you know the vertical solutions that we offer to our customers
0:23:23.600,0:23:30.320
at the end of the day like what we what we do for the customer is not say like we don't want to lean
0:23:30.320,0:23:35.680
on the scale on one solution we want to be this agnostic fiduciary to the customer agnostic to the
0:23:35.680,0:23:39.600
solution type. The reason that that's important is because the customer doesn't wake up and say
0:23:39.600,0:23:43.760
I want to do solar everywhere. They wake up and they say like I want to reduce my opex or
0:23:43.760,0:23:48.000
I want to increase my NOI. Where can I do that? And so everything that we're doing is to align
0:23:48.000,0:23:53.360
ourselves with that goal and that outcome. And uh and so from a vertical solution perspective,
0:23:53.360,0:23:57.440
we will expand the solutions to align with that outcome. So to help our customers figure out
0:23:57.440,0:24:02.880
what they should do to achieve that goal not just through the single lens of solar for example but
0:24:02.880,0:24:07.680
through the lens of the options available and then help them execute on that. So I'd say that is what
0:24:07.680,0:24:13.520
is next for us. All this was is in the service of being like the number one transaction platform in
0:24:13.520,0:24:18.160
the energy market and and aligning ourselves with the goal and the outcome of the customer is core
0:24:18.160,0:24:23.920
core to that. And if someone from our audience is open to exploring those opportunities with you,
0:24:23.920,0:24:29.680
where can they get informed? Where can they get in touch with you? Yeah. So they can come to our
0:24:29.680,0:24:35.920
website which is stationa.com. Contact us through there, email me directly, kevin@stationa.com as
0:24:35.920,0:24:41.360
well. And we're happy to to help in in any way we can. We provide that upfront analysis at no
0:24:41.360,0:24:47.680
cost. So all we require is an address or just a business name, doesn't matter. and we can just
0:24:47.680,0:24:53.120
get started with that data with that intelligence right up front. No barrier entry, no friction,
0:24:53.120,0:24:57.520
uh, and start having like a real conversation about real options. Cool. We'll link all the
0:24:57.520,0:25:03.040
your websites and your LinkedIn to the description of this episode so it's going to be easier for our
0:25:03.040,0:25:08.320
audience to find you. Well, Kevin, thank you for being my guest here on the podcast. Yeah,
0:25:08.320,0:25:15.320
you're welcome. I hope uh I hope that was was good. I hope that was productive.