Selling Residential Solar A Market Based Approach

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Selling Residential Solar A Market Based Approach"

Transcription

1 dialogue articles/v17 no3/104 selling residential solara market based approach United States Association for Energy Economics (USAEE) DIALOGUE, Volume 17 Number 3 (2009) Selling Residential Solar A Market Based Approach Gerald Bernstein and Claire Starry* ( Solar (Photovoltaic or PV) annual capacity has been experiencing high levels of growth in the United States, with non-residential growth outpacing that in the residential segment. While many residential customers are interested in installing PV systems, most are discouraged by the high up-front costs and marginal or negative economic benefit despite environmental benefits. In response, a variety of national and state and to a lesser extent local incentives have been developed to expand the number residential installations. This paper addresses whether a market-based approach (without any additional incentives) could be developed to overcome the perceived poor economics for many residential applications and be of sufficient scale and impact to accelerate residential investment toward meeting California s solar and renewable energy goals. Using data for California, we show that a market-based program targeting high electricity-consuming households could provide double-digit after tax returns to homeowners while tapping a potential conversion market that would exceed state goals over 10-fold. Introduction Newly-installed grid-connected solar photovoltaic (PV) installations in the United States expanded at record levels in 2008 to approximately 290 Megawatts DC (MW DC ) of added capacity; an increase of 81% over Growth since 2001 has averaged over 50% annually.[1] This overall growth is composed non-residential sources (including large commercial installations as well as utility-scale systems) and residential installations. From about 5 MW DC of installed gridconnected capacity in 2001, non-residential PV capacity grew to 215 MW DC in 2008, an annual average rate of almost 140%.[2]This dramatic growth has been driven by consumer and business interest in low-carbon energy sources, state energy mandates for renewable portfolio standards (RPS), federal and state tax incentives and credits, markets for Renewable Energy Credits (RECs) and supportive financing mechanisms such as Power Purchase Agreements (PPAs). Residential PV capacity growth has been strong, but not as dramatic. From less than 10 Megawatts DC (MW DC ) installed capacity in 2001, newly installed grid-connected capacity in 2008 exceeded 75 MW DC [3], an annual average growth rate of 34%. Passage of the Emergency Economic Stabilization Act (EESA) in October 2008 removed uncertainties related to the availability and level of federal tax benefits for residential installations and is expected to stimulate the market in 2009 and beyond. State programs have been designed to encourage residential installations, including in the top three states for total installed PV capacity: the California Solar Initiative (CSI) and the Renewable Energy Credit (REC) programs in New Jersey and Colorado. Local programs have been developed, too; in California, as an example, San Francisco provides rebates of between $2,000 and $4,000 for residential installations, while Berkeley provides fixed-interest loans recouped over 20 years through the homeowner s annual property tax bill. From reviewing the diverse incentives, it becomes clear that growth in solar installations is not primarily related to solar availability. New Jersey (#2) has over three times the installed PV capacity as does #7 Arizona. In the words of the Interstate Renewable Energy Council, Solar electric market activity has more to do with state incentives and policies than with the amount of available solar resources.[4]

2 The question we address is whether market-based mechanisms with clear economic benefits to homeowners can be relied upon to support residential PV system developments. And, if a market focus could be identified and achieve results, would the incentives be of sufficient magnitude to meet state environmental goals. In other words, could a market-based program be designed that would have more than a niche impact? To answer this question, we conduct two assessments. In the first we determine under what conditions a residential system could be economically attractive for the homeowner. In the second, we estimate the number of residences to which these conditions apply. Due to data availability (described below) we have focused on conditions in California; with 67% of all US grid-connected solar capacity in this state, it provides a highly indicative basis for analysis. Estimating Financial Returns for Residential Solar Installation From a purely financial standpoint, solar panel installation makes sense only if, for a reasonable lifetime, the cost of solar-supplied electricity is less than the cost of utility-supplied electricity (that is, there is a positive return on investing in solar systems). Estimates for return on investment for solar installation recently have been reported by several authors, including Allen, et. al.[5] and Andy Black.[6] Both articles conclude that given rising rates for electric power and falling costs of solar power, especially with recent tax and other incentives, the internal rate of return on solar investment is competitive, in the range of a 5% to 11% return on investment (ROI). Our analysis, based on the current cost of electricity from a solar system and the cost of utilityobtained electricity, identifies under what conditions the former is competitive with the latter. Our calculations indicate that, despite federal and state incentives, for the majority of California households, solar energy costs more than purchased electricity. But for a small but important share of households, there are strong financial incentives for installing PV systems to provide at least some of their electricity demand.

3

4 PV Supplied Electricity Costs Table 1 provides estimated costs of installing solar panels. The California Public Utilities Commission estimates $9.44 per watt for small commercial and residential systems.[7]assuming a 20 year life, even with a federal tax credit and the CSI rebate, residential solar systems provide electricity in the range of 20 to 25 cents per kwh. Utility-Supplied Electricity Costs Within California, as in many states, the rates charged for residential service vary significantly not only by utility but also by allowable baseline consumption, consumption at steps (tiers) above baseline, and the rates at each tier. Baseline consumption varies by location for most utilities, with households located in hot, inland areas given a higher baseline than households living in the temperate costal regions. Table 2 shows representative ranges of baseline amounts for the two largest investor owned utilities or IOUs (Pacific Gas and Electricity (PG&E) and Southern California Edison (SCE)) and for the two largest publicly owned utilities (Los Angeles Water and Power (LAWP) and Sacramento Municipal Utility District (SMUD)).

5 Table 3 shows the distribution of rates for 2009 for the four utilities. Customers served by IOUs pay significantly more for their electricity than customers served by municipal or other publicly-owned

6 utilities. Baseline rates for IOUs are about 33% higher, and the difference increases with amount of energy used. For example, baseline rates for PG&E average about 10 cents per kwh but rise to over 41 cents per kwh at higher tiers. Rates for municipal utilities are under 18 cents per kwh. When comparing current electric utility rates with solar costs, it is clear that only selected customers can financially benefit from installing a residential PV system. Current electricity rates for municipal owned utilities, especially the largest, LAWP, are almost entirely below the costs of solar-generated electricity (Table 1). However, for households served by IOUs, with electricity consumption pushing them into Tiers 3, 4, and 5, and paying 24 to over 40 cents per kwh to buy from the IOU, the price they are paying for at least some of their purchased electricity exceeds the estimated cost of electricity from residential solar systems. To move into Tier 3 or higher, IOU-served households with both gas and electric appliances must purchase from 6,500 to 20,000 kwh annually, depending on location; all-electric households must purchase about 10,000 to 25,000 kwh to move into Tier 3. Over time, as electricity prices increase, more households will find solar cost-competitive. The speed at which this happens depends on future installed solar panel costs (which have been falling) and future costs of purchasing electricity from utilities. Residential electricity prices in California rose 6.7% annually for the two major investorowned utilities from 1970 to 2001 ().[8] This rate of escalation appears to be continuing; average residential electricity prices in California rose from cents to cents per kwh between May 2008 and May 2009, or by 7.7%.[9] Table 3 also gives estimated electricity rates by utility in 20 years assuming 5% per year escalation. Household That Would Benefit from PV-Generated Electricity To further our conclusion that households served by IOUs and consuming sufficient electricity to move them into Tier 3 or higher can financially benefit from solar systems, we conducted a financial analysis to compute the internal rate of return for solar installation. Alternative scenarios using various rates of consumption in several different cities throughout California were analyzed, covering households served by investor-owned utilities and by municipal utilities. We assumed that the solar systems would have a 20 year life, a new inverter would be required after 10 years, and the cost of disposal at the end of the 20 years would be $3000. Annual AC output from a 4 kw DC array was obtained for each city using the National Renewable Energy Laboratory PV Watts Calculator assuming fixed tilt at latitude and southerly orientation.[10] Representative results of our analysis are shown in Table 4. We selected four alternative annual rates of electricity consumption 7,000 kwh, or approximately the average per household consumption in California, and higher rates of 10,000, 20,000, and 30,000 kwh per year. The table shows the estimated internal rate of return (IRR) assuming a household installs solar capacity to reduce purchases from utilities to eliminate any Tier 3 and higher consumption, utility-supplied electricity prices rise at a 5% average annual rate, and also assuming that the system installed is sufficiently large to offset all electricity consumption (zero net purchases from a utility). For households served by investor-owned utilities, installing sufficient solar generating capacity to eliminate Tier 3, 4 and 5 purchases yields an IRR of 10% to 15% on an after tax basis, whether reducing purchases to Tier 2 levels or completely offsetting all purchases from utilities, although the return is substantially higher for partial offsets. Adding solar cells to bring Tier 3 customers down into Tier 2 can provide an attractive, but lower IRR in the 5% to 10% range. However, if customers in this group install sufficient solar capacity to offset all of their purchases from utilities, the IRR will be low or negative. That is, only partial offset of electricity purchases can be financially justified. For customers of municipal utilities, the internal rate of return is negative except for a limited number of cases. Our first conclusion, therefore, is that installing solar systems is financially justifiable and will provide high after-tax returns on investment for some California households. Also, financially based decisions would lead households to install solar systems that cover part but not all of their electricity consumption.

7 Finding a Million Households The second objective of our analysis is to determine the number of households in this target group households with electricity consumption over 10,000 kwh per year and served by IOUs. Are there enough to achieve a noticeable impact? According to the California Energy Commission, in % of California s households were served by IOUs and the remaining 21% by publicly-owned utilities. About 78% of retail residential deliveries were through IOUs. Pacific Gas and Electricity (PG&E) serves the most households of any utility and provides 35% of retail residential deliveries, closely followed by Southern California Edison (SCE), which provides 33% of the deliveries. San Diego Gas and Electric (SDGE) serves 9% of California s households. Los Angeles Water and Power (LAWP) is the largest municipal utility, and Sacramento Municipal Utility District (SMUD) is the second largest. Together, these two utilities account for about two-thirds of the households served by publicly owned utilities. Table 5 shows the distribution of households and residential retail deliveries in California by type of utility. The next step is to determine the percentage of households that purchase at least 10,000 kwh of electricity per year. A recently released survey, conducted by the US Department of Energy, Energy Information Agency in 2005, provides selected details of residential electricity consumption in California. The Residential Energy Consumption Survey (RECS) is a probability-based sample survey of US households. Nationally, responses were received from 4,281 households that were statistically selected to be representative of the nation s 111 million households. Regional information is available, as is the ability to identify households in the four largest energy consuming states, including California.[11] Using the California sample and weightings provided, we estimated consumption patterns for California s approximately 12 million households. Table 6 presents the distribution of residential electricity consumption by various attributes. Households that use less than 10,000 kwh per year of electricity accounts for 82% of the total and 62% of electricity consumption. Our previous analysis of Tier 1 and Tier 2 utility rates indicates that households in this group pay relatively low electricity rates and are not candidates for installing solar PV if the decision is based solely on financial outcomes. Of the remaining 18% of the households, 14% consumed between 10,000 and 20,000 kwhs of electricity per year, accounting for about 28% of total residential electricity consumption; most of these households are paying Tier 3 or higher rates for at least a portion of their electricity. The final 3% of households consumed over 20,000 kwhs annually and accounted for about 9% of the state s residential energy consumption; virtually all these households are paying Tier 3 or higher rates for a portion of the electricity purchased from utilities.

8 While the RECS data provides insight into the distribution of households by electricity consumption and type of housing, it does not provide information on their location or whether they purchase electricity from an IOU or municipal utility. To estimate the number of households that are possible candidates for solar installations, we used the following assumptions: Only households living in single family units are counted. Households living in multiple family units and mobile homes are excluded as candidates for solar (Table 6). The total number of households and electricity consumption for candidate households is reduced by 25% to adjust for those being served by publicly-owned utilities (Table 5). The smallest system that would be installed is 2 kw DC. A household is willing to install solar only if it can financially justify a 2 kw DC system based on an expected IRR of 5% or higher. A 2 kw DC array generates at least 2,500 kwh per year in most of California.

9 For gas and electric households, Tier 3 rates are assumed to apply when the consumption exceeds 8,000 kwh per year. For all electric households, Tier 3 rates apply when consumption exceeds 12,000 kwh per year. These estimates are based on averages shown in Table 2. Households with all-electric utilities and heating consuming more than 14,500 kwh per year are assumed to be candidates for installing PV systems to bring their purchased deliveries to 12,000 kwh per year and gas and electric households consuming more than 10,500 kwh per year are assumed to be candidates for installing PV systems to bring their purchased deliveries to 8,000 kwh per year. The results of our analysis are presented in Table 7 and Figure 1. Using the above assumptions, of the approximate 12.1 million households in California, about 15% are candidates for installing solar panels for at least part of their electric consumption based solely on financial justifications. These households consume about 30% of California s electricity. Of this amount, about 35% to 40% or about 9,539 Million kwh AC is being priced at Tier 3 or higher rates. If this higher-cost grid-supplied electricity is replaced by the financially justified PV-generated electricity, between 1.7 and 1.8 million residential PV systems would be installed in California, reducing residential deliveries from utilities by 11%.

10 Summary and Conclusions The General Market Solar Program of the CSI has the goal of installing 577 MW of residential grid-tied solar capacity by the end of As of May 2009, approximately 17% was installed or pending. Our approach suggests that by finding and encouraging households with financial incentives to install rooftop solar systems, this goal can more than be met. In fact, the estimated residential capacity to support over 5,900 million kwh of electricity would be over 6500 MW DC or 11 times the state s 577 MW goal. Target marketing appears to be the key to achieving and exceeding the state s solar energy goals without adding further subsidies. We also recognize the effect on utilities of shifting revenues might need to be addressed. In the residential electricity market, just as for other products and services, pricing affects investment and consumption decisions. Educating high-electricity consuming customers about the benefits of PV systems could be a key to successfully expanding demand. References Allen, David, Chelsea Ann Atwater, and Dean Howard Smith, You Can Make a Positive Return by Investing in Residential Solar Systems: An Arizona Case Study, Working Paper Series 09-04, Northern Arizona University, March 2009 (

11 Black, Andy, Payback on Residential PV Systems with Uncapped 30% Federal Investment Tax Credit. American Solar Energy Society, Solar 2009, May 2009 ( Black, Andrew J. Black, Financial Payback on California Residential Solar Electric Systems, American Solar Energy Society, Austin, Texas, Solar June 2003 ( California Public Utilities Commission, Go Solar California, The California Solar Initiative Annual Program Assessment. June 2009 ( 015/CPUC PDF). Environment California, Million Solar Roofs ( Los Angeles Water and Power ( National Renewable Energy Laboratory, PV Watts, California ( Pacific Gas and Electricity ( Sacramento Municipal Utility District ( Sherwood, Larry, US Solar Market Trends 2008, Interstate Renewable Energy Council IREC, July Southern California Edison ( U.S. Department of Energy, Energy Information Agency, Report No.: DOE/EIA-0226, Average Retail Price of Electricity to Ultimate Customers by End-Use Sector, by State, June 2009 and 2008, September 11, 2009 ( U.S. Department of Energy, Energy Information Agency, Residential Energy Consumption Survey, 2009 ( U.S. Department of Energy, Energy Information Agency, Report No.: DOE/EIA-0226 (2009/08), 2009 ( U.S. Department of Energy, Energy Information Agency, Average Retail Price of Electricity to Ultimate Customers: Total by End Use Sector. July 10, 2009 ( U. S. Environmental Protection Agency, Federal Tax Credits for Energy Efficiency, Updated July 14, 2009 ( * Gerald Bernstein is with Stanford Transportation Group and Claire Starry is with TDS Economics. They may be reached through See footnotes at the end of the text. [1] Sherwood, Larry, US Solar Market Trends Interstate Renewable Energy Council IREC, July, 2009, p. 4. [2] Ibid. [3] Ibid. [4] Ibid, pp [5] Allen, David, Chelsea Ann Atwater, and Dean Howard Smith, You Can Make a Positive Return by Investing in Residential Solar Systems: An Arizona Case Study, Working Paper Series 09-04, Northern Arizona University, March, 2009.

12 [6] Black, Andy, Payback on Residential PV Systems with Uncapped 30% Federal Investment Tax Credit, American Solar Energy Society, Solar 2009, May, [7] California Public Utilities Commission, Go Solar California, The California Solar Initiative Annual Program Assessment. June, 2009, p. 24. [8] Black, Andrew J. Black, Financial Payback on California Residential Solar Electric Systems, American Solar Energy Society, Austin, Texas, Solar 2003, June 26, 2003, p. 2. [9] U.S. Department of Energy, Energy Information Agency, Report No.: DOE/EIA-0226 (2009/08). [10] Data calculated using National Renewable Energy Laboratory. PV Watts, California, website. [11] U.S. Department of Energy, Energy Information Agency, Residential Energy Consumption Survey, 2009.

The California Solar Initiative

The California Solar Initiative The California Solar Initiative The California Solar Initiative (CSI) has a goal to create 3,000 MW of distributed solar generation in California while creating a self-sustaining solar industry free from

More information

PAYBACK ON RESIDENTIAL PV SYSTEMS WITH PERFORMANCE BASED INCENTIVES AND RENEWABLE ENERGY CERTIFICATES

PAYBACK ON RESIDENTIAL PV SYSTEMS WITH PERFORMANCE BASED INCENTIVES AND RENEWABLE ENERGY CERTIFICATES PAYBACK ON RESIDENTIAL PV SYSTEMS WITH PERFORMANCE BASED INCENTIVES AND RENEWABLE ENERGY CERTIFICATES Andy Black OnGrid Solar Energy Systems 4175 Renaissance Dr #4 San Jose, CA 95134, USA e-mail: andy@ongridnet

More information

PAYBACK ON RESIDENTIAL PV SYSTEMS WITH 2009-2016 UNCAPPED 30% FEDERAL INVESTMENT TAX CREDIT

PAYBACK ON RESIDENTIAL PV SYSTEMS WITH 2009-2016 UNCAPPED 30% FEDERAL INVESTMENT TAX CREDIT PAYBACK ON RESIDENTIAL PV SYSTEMS WITH 2009-2016 UNCAPPED 30% FEDERAL INVESTMENT TAX CREDIT Andy Black OnGrid Solar Energy Systems 4175 Renaissance Dr. #4, San Jose, CA 95134, USA andy@ongrid.net, (408)

More information

Solar for Businesses. Getting Started with Solar. Laura Williams, Renewables Project Manager. June 10, 2015

Solar for Businesses. Getting Started with Solar. Laura Williams, Renewables Project Manager. June 10, 2015 Solar for Businesses Getting Started with Solar June 10, 2015 Laura Williams, Renewables Project Manager Our Mission: Accelerate the transition to a sustainable world powered by clean energy What We Do

More information

Financing Non-Residential Photovoltaic (PV) Systems

Financing Non-Residential Photovoltaic (PV) Systems Financing Non-Residential Photovoltaic (PV) Systems LSU Center for Energy Studies Alternative Energy 2009 Jason Coughlin Baton Rouge, LA April 22, 2009 NREL Overview Located in Golden, Colorado Began in

More information

Summary of Electric Power Research Institute (EPRI) Report on Residential Off-Grid System Economics

Summary of Electric Power Research Institute (EPRI) Report on Residential Off-Grid System Economics Summary of Electric Power Research Institute (EPRI) Report on Residential Off-Grid System Economics September 11, 2014 0 Forward-Looking Statements Leading the Way in Electricity SM Statements contained

More information

CSI EPBB Design Factor Calculator User Guide

CSI EPBB Design Factor Calculator User Guide CSI EPBB Design Factor Calculator User Guide 1. Guide Overview This User Guide is intended to provide background on the California Solar Initiative (CSI) Expected Performance Based Buydown (EPBB) Design

More information

Webinar Basics. 5. If at any time you experience technical difficulties, please call the C.A.S.H. office at (916) 448-8577.

Webinar Basics. 5. If at any time you experience technical difficulties, please call the C.A.S.H. office at (916) 448-8577. Webinar Basics 1. You must dial in on a phone line to hear the audio portion of this webinar. Please refer to your webinar registration confirmation for the dial in instructions. 2. The handouts for this

More information

Solar Interconnections

Solar Interconnections Solar Interconnections PG&E Generation Interconnection Services Courtesy of DOE/NREL 1 Contact Information Jack McDermott Senior Program Manager Solar/Wind NEM Generation Interconnection Services PG&E

More information

Solar Power to the People: The Rise of Rooftop Solar Among the Middle Class

Solar Power to the People: The Rise of Rooftop Solar Among the Middle Class Solar Power to the People: The Rise of Rooftop Solar Among the Middle Class By Mari Hernandez October 21, 213 Homeowners across the United States have begun a rooftop solar revolution. Since 2, more than

More information

Solar for the Entrepreneur

Solar for the Entrepreneur 12.16.09 Solar for the Entrepreneur For Solar Contractors Matt Heling Program Manager Solar & Customer Generation Pacific Gas and Electric Co. 2 Goal Identify the information, resources, and requirements

More information

Energy Action Plan II

Energy Action Plan II California Solar Initiative The CPUC Portion of a Robust State Incentive Program California Solar Initiative Go Solar California! Polly Shaw, Senior Regulatory Analyst California Public Utilities Commission

More information

NET ENERGY METERING: SUBSIDY ISSUES AND REGULATORY SOLUTIONS

NET ENERGY METERING: SUBSIDY ISSUES AND REGULATORY SOLUTIONS NET ENERGY METERING: SUBSIDY ISSUES AND REGULATORY SOLUTIONS Issue Brief September 2014 Net Energy Metering: Subsidy Issues and Regulatory Solutions Issue Brief September, 2014 Prepared by Robert Borlick

More information

PG&E and Renewable Energy. Chuck Hornbrook Senior Manager Solar and Customer Generation

PG&E and Renewable Energy. Chuck Hornbrook Senior Manager Solar and Customer Generation PG&E and Renewable Energy Chuck Hornbrook Senior Manager Solar and Customer Generation PG&E and our Business What we do: Deliver safe, reliable, and environmentally responsible gas and electricity to approximately

More information

Glossary PowerClerk Term Definition

Glossary PowerClerk Term Definition Glossary The following is a table that lists and defines terms that occur in PowerClerk. This table includes terms located both in the frontend (application processing) and backend (database and reporting)

More information

PG&E and Renewables. Finding the ROI in Green Programs. Andrew Yip Manager Solar and Customer Generation Integrated Demand-Side Management

PG&E and Renewables. Finding the ROI in Green Programs. Andrew Yip Manager Solar and Customer Generation Integrated Demand-Side Management 1 PG&E and Renewables Finding the ROI in Green Programs Andrew Yip Manager Solar and Customer Generation Integrated Demand-Side Management Pacific Gas and Electric Company Energy services to 15 MM people:

More information

California Solar Incentives. California Solar Incentives

California Solar Incentives. California Solar Incentives California Solar Incentives California Solar Incentives William W. Westerfield, III Stoel Rives LLP 770 L Street, Suite 800 Sacramento, CA 95814 (916) 319-4749 The Universe of of Solar Incentives Rebate

More information

Corona Department of Water & Power (DWP) Solar Partnership Program Guidelines and Application

Corona Department of Water & Power (DWP) Solar Partnership Program Guidelines and Application Corona Department of Water & Power (DWP) Solar Partnership Program Guidelines and Application DWP s new Solar Partnership Program is available to help offset your investment in a PV system and get you

More information

Going Solar Now featuring solar water heating

Going Solar Now featuring solar water heating Guide to Going Solar Now featuring solar water heating TABLE OF CONTENTS California Leading the Way to a Brighter Future...3 How Solar Generation Works...4 A Closer Look: Types of PV Panels and Inverters...5

More information

Financial Incentives State and Federal Incentives. Basics of Solar Technology overview System Description Installation & Mounting Warranty.

Financial Incentives State and Federal Incentives. Basics of Solar Technology overview System Description Installation & Mounting Warranty. Solar Electric Opportunity Agenda Financial Incentives State and Federal Incentives Financial Analysis Energy Cost Savings Basics of Solar Technology overview System Description Installation & Mounting

More information

Solar Leasing for Residential Photovoltaic Systems

Solar Leasing for Residential Photovoltaic Systems Solar Leasing for Residential Photovoltaic Systems Introduction In the past year, the residential solar lease has received significant attention in the solar marketplace, primarily for its ability to leverage

More information

U.S. Solar Market Trends

U.S. Solar Market Trends U.S. Solar Market Trends 2010 JUNE 2011 Larry Sherwood U.S. Solar Market Trends 2010 / June 2011 1 Photovoltaic installation on Molokai General Hospital, Hawaii EXECUTIVE SUMMARY Solar markets are booming

More information

Running the Electric Meter Backwards: Real-Life Experience with a Residential Solar Power System

Running the Electric Meter Backwards: Real-Life Experience with a Residential Solar Power System Running the Electric Meter Backwards: Real-Life Experience with a Residential Solar Power System Brooks Martner Lafayette, Colorado University of Toledo Spring 2015 PHYS 4400 - Principles and Varieties

More information

GRID Alternatives. Generating Renewable Ideas for Development Alternatives

GRID Alternatives. Generating Renewable Ideas for Development Alternatives Why Solar for Low-Income Families Environment Reduction of green house gases Environmental Justice Power plants often sited in low-income communities High rates of asthma Economic High energy costs Significant

More information

Chapter 15. Economic Analysis. Incentives Value Assessment Life Cycle Costs Analysis Financial Tools Jim Dunlop Solar

Chapter 15. Economic Analysis. Incentives Value Assessment Life Cycle Costs Analysis Financial Tools Jim Dunlop Solar Chapter 15 Economic Analysis Incentives Value Assessment Life Cycle Costs Analysis Financial Tools 2012 Jim Dunlop Solar Overview Identifying and the various types of financial incentives applicable to

More information

Solar Power HourSM. Solar educa on for your community.

Solar Power HourSM. Solar educa on for your community. Solar Power HourSM Solar educa on for your community. 1 Contents About. 1 Commonly Asked Questions.. 2-3 The Solar Site Assessment.. 3-4 Selecting a Solar Installer. 5-7 Certified Installers by State.

More information

Paid in Full. An Analysis of the Return to the Federal Taxpayer for Internal Revenue Code Section 48 Solar Energy Investment Tax Credit (ITC)

Paid in Full. An Analysis of the Return to the Federal Taxpayer for Internal Revenue Code Section 48 Solar Energy Investment Tax Credit (ITC) Paid in Full An Analysis of the Return to the Federal Taxpayer for Internal Revenue Code Section 48 Solar Energy Investment Tax Credit (ITC) executive summary The investment tax credit (ITC) for solar

More information

PPA A Cost-effective Approach to Solar Energy. By Richard Beam, MBA Providence Health & Services March 11, 2010

PPA A Cost-effective Approach to Solar Energy. By Richard Beam, MBA Providence Health & Services March 11, 2010 PPA A Cost-effective Approach to Solar Energy By Richard Beam, MBA Providence Health & Services March 11, 2010 PPA Basic Definitions PPA is a legal contract between an electricity generator (provider)

More information

Distributed PV the road California is already on. Public Interest Environmental Law Conference Bill Powers, P.E., Powers Engineering March 5, 2011

Distributed PV the road California is already on. Public Interest Environmental Law Conference Bill Powers, P.E., Powers Engineering March 5, 2011 Distributed PV the road California is already on Public Interest Environmental Law Conference Bill Powers, P.E., Powers Engineering March 5, 2011 1 John Geesman, Energy Commissioner, 2007 source: California

More information

Collaborations that Work: Making the San Diego Region a Leader in Solar Energy

Collaborations that Work: Making the San Diego Region a Leader in Solar Energy Collaborations that Work: Making the San Diego Region a Leader in Solar Energy NARC 2011 Annual Conference Regional Solar Energy Best Practices June 15, 2011 San Diego s Regional Planning & Implementation

More information

10 Questions to Ask Before Installing Solar Power on Agency Facilities

10 Questions to Ask Before Installing Solar Power on Agency Facilities Page 1 of 5 Send to printer Close window 10 Questions to Ask Before Installing Solar Power on Agency Facilities BY EVA SPIEGEL Eva Spiegel is communications director for the League and can be reached at

More information

SOLAR PV FINANCING: POTENTIAL LEGAL CHALLENGES TO THE THIRD PARTY PPA MODEL

SOLAR PV FINANCING: POTENTIAL LEGAL CHALLENGES TO THE THIRD PARTY PPA MODEL SOLAR PV FINANCING: POTENTIAL LEGAL CHALLENGES TO THE THIRD PARTY PPA MODEL By Katharine Kollins, MBA/MEM Lincoln Pratson, Adviser December 5, 2008 Masters Project submitted in partial fulfillment of the

More information

Wednesday, February 23, 2011 2:00 p.m. - 4:00 p.m. Sacramento Convention Center Room 309. Workshop # 52

Wednesday, February 23, 2011 2:00 p.m. - 4:00 p.m. Sacramento Convention Center Room 309. Workshop # 52 C.A.S.H. 32 ND ANNUAL CONFERENCE ON SCHOOL FACILITIES YOUR CHALLENGES, YOUR SOLUTIONS, YOUR CONFERENCE! Wednesday, February 23, 2011 2:00 p.m. - 4:00 p.m. Sacramento Convention Center Room 309 Workshop

More information

Using the sun to generate electricity

Using the sun to generate electricity Using the sun to generate electricity Image source: http://www.globalsolarcenter.com/files/2009/04/commercial-solar.jpg Solar panels information sheet What are the benefits? How does it work? What is the

More information

Rooftop Revenues. How Your Business Can Profit from Solar Energy.

Rooftop Revenues. How Your Business Can Profit from Solar Energy. Rooftop Revenues How Your Business Can Profit from Solar Energy. White Paper Introduction The decision to implement a solar PV system, once dismissed as an overly expensive investment, can now be backed

More information

Rooftop Solar Adoption in Emerging Residential Markets

Rooftop Solar Adoption in Emerging Residential Markets Rooftop Solar Adoption in Emerging Residential Markets By Mari Hernandez May 29, 214 Solar energy has become a tangible solution to rising electricity costs and carbon emissions for many Americans. Declining

More information

Managing Electrical Demand through Difficult Periods: California s Experience with Demand Response

Managing Electrical Demand through Difficult Periods: California s Experience with Demand Response Managing Electrical Demand through Difficult Periods: California s Experience with Demand Response Greg Wikler Vice President and Senior Research Officer Global Energy Partners, LLC Walnut Creek, CA USA

More information

3.36 kw Solar PV Kit Pricing

3.36 kw Solar PV Kit Pricing 3.36 kw Solar PV Kit Pricing Standard 3.36 kw Solar PV System Pricing $ 13,440 MI Solar Works Pricing $ 11,760 Less Federal Tax Incentives (30% of System Cost) - 3,528 Final 3.36 kw Solar PV System Cost

More information

California Solar Initiative

California Solar Initiative California Solar Initiative 2 Content Introduction Overview of California Solar Initiative (CSI) Generation Interconnection Services (GIS) ClimateSmart 3 PG&E s Integrated Approach Energy Efficiency Reduce

More information

Mailing Address 4650 Adohr Ln. Camarillo, CA 93012. 25 Year Financial Analysis. $1,051 / mo (avg) Cost Breakdown. System Description

Mailing Address 4650 Adohr Ln. Camarillo, CA 93012. 25 Year Financial Analysis. $1,051 / mo (avg) Cost Breakdown. System Description Summary Customer Dan Glaser - CASSK-13-00932 SolarWorld USA Site Address 4650 Adohr Ln. Camarillo, CA 93012 Mailing Address 4650 Adohr Ln. Camarillo, CA 93012 Company Contact We turn sunlight into power

More information

U.S. Solar MARKET TRENDS 2 013 JULY 2014. Larry Sherwood

U.S. Solar MARKET TRENDS 2 013 JULY 2014. Larry Sherwood U.S. Solar MARKET TRENDS 2 013 JULY 2014 Larry Sherwood U.S. Solar MARKET TRENDS 2 013 EXECUTIVE SUMMARY Solar energy markets are booming in the United States due to falling photovoltaic (PV) prices, strong

More information

CALIFORNIA PERSPECTIVE ON HIGH PENETRATION PV

CALIFORNIA PERSPECTIVE ON HIGH PENETRATION PV CALIFORNIA PERSPECTIVE ON HIGH PENETRATION PV MELICIA CHARLES ENERGY DIVISION - CPUC Feb 13-14, San Diego, CA Overview of Customer-Side Solar Solar in California: 1,400+ MW installed PV at 130,000+ locations

More information

Payback and other Financial Tests for Solar Electric Systems By Andy Black

Payback and other Financial Tests for Solar Electric Systems By Andy Black Payback and other Financial Tests for Solar Electric Systems By Andy Black How to calculate the return on your solar electric system investment before you buy. For years, questions about returns on the

More information

Utilities Respond to the Rise of Solar

Utilities Respond to the Rise of Solar Falling costs for rooftop solar photovoltaic (PV) systems, tax incentives and other factors are speeding up the growth of PV installations in many parts of the country. According to a new report from the

More information

Financing Solar Energy for Affordable Housing Projects. May 2009

Financing Solar Energy for Affordable Housing Projects. May 2009 Financing Solar Energy for Affordable Housing Projects May 2009 Overview Photovoltaic Systems. Installations of photovoltaic systems on the customer side (as opposed to the utility side) of the meter have

More information

Proposal prepared for Happy Solar Owner

Proposal prepared for Happy Solar Owner Happy Solar Owner 1234 Sunny Lane Portland, OR 97201 Mailing Address: Happy Solar Owner 1234 Sunny Lane Portland, OR 97201 RE: SolarWorld Sunkits System Proposal: CASSK-## Presented by: SolarWorld Authorized

More information

Fact Sheet Statewide Residential Programs (2013-2014) March 2013

Fact Sheet Statewide Residential Programs (2013-2014) March 2013 Fact Sheet Statewide Residential Programs (2013-2014) March 2013 This comprehensive Plan is the state s first integrated framework of goals and strategies for saving energy, covering government, utility,

More information

A Guide to State and Federal Solar Electric Incentives for Boston Affordable Housing Developers

A Guide to State and Federal Solar Electric Incentives for Boston Affordable Housing Developers A Guide to State and Federal Solar Electric Incentives for Boston Affordable Housing Developers Prepared by The Solar Boston Initiative and the Green Affordable Housing Program City of Boston Department

More information

FILED 3-07-14 11:11 AM

FILED 3-07-14 11:11 AM BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA FILED 3-07-14 11:11 AM Application of San Diego Gas & Electric Company (U 902 E) for Authority to Update Electric Rate Design Effective

More information

FINANCING HOME ENERGY EFFICIENCY UPGRADES

FINANCING HOME ENERGY EFFICIENCY UPGRADES FINANCING HOME ENERGY EFFICIENCY UPGRADES Program Management Option or Customer Imperative? Colorado Utility Efficiency Exchange October 15 17, 2008 EGIA Brings All Facets Of The Home Improvement Market

More information

An Empirical Analysis of Net Metering

An Empirical Analysis of Net Metering An Empirical Analysis of Net Metering by Robert L. Borlick Harvard Electricity Policy Group Panel on Distributed Generation February 28, 2014 Overview Ø The economic value customers derive from distributed

More information

Tax Credit Incentives for Residential Solar Photovoltaic in Hawai i

Tax Credit Incentives for Residential Solar Photovoltaic in Hawai i Tax Credit Incentives for Residential Solar Photovoltaic in Hawai i February 11, 2013 The typical residential solar PV investment has an internal rate of return of 9% even without state tax credits. With

More information

RENEWABLE ENERGY DEVELOPMENT STATE TAX POLICIES AND INCENTIVES IMPACTING

RENEWABLE ENERGY DEVELOPMENT STATE TAX POLICIES AND INCENTIVES IMPACTING RENEWABLE ENERGY DEVELOPMENT STATE TAX POLICIES AND INCENTIVES IMPACTING RENEWABLE ENERGY DEVELOPMENT PREPARED BY THE NATIONAL CONFERENCE OF STATE LEGISLATURES MARCH 2012 OREGON Contents State Taxes that

More information

EcoGreen Group. Illuminating Solar Finance March 21, 2013. Doug McKenzie renewabledoug@gmail.com

EcoGreen Group. Illuminating Solar Finance March 21, 2013. Doug McKenzie renewabledoug@gmail.com EcoGreen Group Illuminating Solar Finance March 21, 2013 Doug McKenzie renewabledoug@gmail.com Solar Finance Contents What is Solar Finance Solar Finance Timeline But First, a Powerful Digression Survey

More information

Green Goods & Services: The Distribution of Solar Panels & Energy Subsidies in California

Green Goods & Services: The Distribution of Solar Panels & Energy Subsidies in California Green Goods & Services: The Distribution of Solar Panels & Energy Subsidies in California Summary August 2015 Both California and the federal government have relied heavily on publicly and privately funded

More information

Energy Strategic Plan Los Angeles Community College District Community College League Conference

Energy Strategic Plan Los Angeles Community College District Community College League Conference Energy Strategic Plan Los Angeles Community College District Community College League Conference Larry Eisenberg Executive Director, Facilities Planning and Development November 16,2006 West Los Angeles

More information

State Solar Incentives News from DSIRE

State Solar Incentives News from DSIRE Excerpt from: IREC 2006: pdates & Trends, Interstate Renewable Energy Council, October 2006 State Solar Incentives News from DSIRE Report by Susan Gouchoe Over the past year, we ve seen a number of states

More information

Solar Energy Policies and Finance Creating a Successful Market Presentation for the Minnesota State Legislature

Solar Energy Policies and Finance Creating a Successful Market Presentation for the Minnesota State Legislature Solar Energy Policies and Finance Creating a Successful Market Presentation for the Minnesota State Legislature Jason Coughlin NREL Technical Lead for the Twin Cities Solar America Cities Program October

More information

Solar Leasing. Introduction. Background of Solar Leasing in Texas

Solar Leasing. Introduction. Background of Solar Leasing in Texas Solar Leasing Introduction A relatively new option for homeowners looking to add solar to their home is the solar lease. At present, the solar lease option can be found in California, Arizona, Texas, Colorado,

More information

Solar Energy Feasibility Study

Solar Energy Feasibility Study Remote Power Inc. 981 Gold Mine Trail Fairbanks, AK 99712 Solar Energy Feasibility Study For a Typical On-Grid Residence in Fairbanks, AK Bruno Grunau, P.E. Greg Egan 05 November 2008 1 Abstract: Solar

More information

Solar Energy for the Homeowner. Glen Salas

Solar Energy for the Homeowner. Glen Salas Solar Energy for the Homeowner Glen Salas Topics Solar Basics and Energy Efficiency U.S. Solar Resources Solar Water and Home Heating Solar Electric Power (Photovoltaic) Incentives and Electric Metering

More information

Distributed solar or utility-scale solar with major transmission build-out? Bill Powers, P.E. September 23, 2010

Distributed solar or utility-scale solar with major transmission build-out? Bill Powers, P.E. September 23, 2010 Distributed solar or utility-scale solar with major transmission build-out? Bill Powers, P.E. September 23, 2010 1 California Renewable Energy Scorecard Dysfunctional utility renewable energy program only

More information

Solar barriers to entry for low and middle Income Marylanders: Identifying roadblocks and proposing solutions

Solar barriers to entry for low and middle Income Marylanders: Identifying roadblocks and proposing solutions Solar barriers to entry for low and middle Income Marylanders: Identifying roadblocks and proposing solutions While Maryland ranks 14 th in the nation is solar capacity installed and the state has established

More information

Commercial Outlook for Solar Power Generation

Commercial Outlook for Solar Power Generation Commercial Outlook for Solar Power Generation International Conference on Alternative Energy 2010 March 27, 2010 Karachi Expo Center Nadeem Haque Nadeem Haque Energy Potential Inc. Topics 1. Market Scenario

More information

U.S. Solar Market. Trends 2008. July 2009. Larry Sherwood Interstate Renewable Energy Council

U.S. Solar Market. Trends 2008. July 2009. Larry Sherwood Interstate Renewable Energy Council U.S. Solar Market Trends 2008 July 2009 Larry Sherwood Interstate Renewable Energy Council Executive Summary Solar markets are booming in the United States due to rising energy prices, strong consumer

More information

Wind and Solar Renewable Energy Applications

Wind and Solar Renewable Energy Applications Energy Tax Credits Wind and Solar Renewable Energy Applications AN ARRAY OF FEDERAL AND STATE TAX CREDITS have been structured to spur development of both established and emerging renewable energy sources.

More information

Boxborough Solar 101. Presented by: Elizabeth Youngblood, Project Manager Massachusetts Clean Energy Center. April 16, 2016

Boxborough Solar 101. Presented by: Elizabeth Youngblood, Project Manager Massachusetts Clean Energy Center. April 16, 2016 Boxborough Solar 101 Presented by: Elizabeth Youngblood, Project Manager Massachusetts Clean Energy Center April 16, 2016 1 Outline Introduction Solar PV Basics Solar PV Incentives and Economics MassCEC

More information

Solar Energy Update. Transportation & Environment Committee Presentation June 11, 2012

Solar Energy Update. Transportation & Environment Committee Presentation June 11, 2012 Solar Energy Update Transportation & Environment Committee Presentation June 11, 2012 1 Background Purpose: Update from February 13, 2012 briefing Feasible Projects Convention Center Solar Farm(s) DPD/DFD

More information

Financing Solar Energy Projects: The Role of Local Government

Financing Solar Energy Projects: The Role of Local Government Financing Solar Energy Projects: The Role of Local Government Jason Coughlin National League of Cities December 2, 2010 Denver, Colorado NREL is a national laboratory of the U.S. Department of Energy,

More information

California Distributed Generation (DG)

California Distributed Generation (DG) California Distributed Generation (DG) Timothy Alan Simon Commissioner, California Public Utilities Commission Chair, Gas Committee, National Association of Regulatory Utility Commissioners Harvard Electricity

More information

Solar Panels and the Smart Grid

Solar Panels and the Smart Grid Solar Panels and the Smart Grid In the Pepco Region Steve Sunderhauf Jeff Roman Joshua Cadoret David Pirtle Outline Pepco Region Background Renewable Portfolio Standards (RPS) Pepco s Blueprint for the

More information

Solar Power in Schools: Opportunities. Marta Tomic Solar Clean Energy Program Manager

Solar Power in Schools: Opportunities. Marta Tomic Solar Clean Energy Program Manager Solar Power in Schools: Opportunities Marta Tomic Solar Clean Energy Program Manager Site Specific Nature of Solar Solar photovoltaic (PV) pricing depends on site selection Roof mount vs ground mount Orientation

More information

Solar Project Financing Commercial Power Purchase Agreements (PPAs) & PPA Market Rates for SCE Territory

Solar Project Financing Commercial Power Purchase Agreements (PPAs) & PPA Market Rates for SCE Territory Solar Energy in Inland Southern California: The Future is Now The University of California, Riverside Solar Project Financing Commercial Power Purchase Agreements (PPAs) & PPA Market Rates for SCE Territory

More information

Anaheim Public Utilities 2/22/2016 ANAHEIM PUBLIC UTILITIES

Anaheim Public Utilities 2/22/2016 ANAHEIM PUBLIC UTILITIES Dukku Lee General Manager ANAHEIM PUBLIC UTILITIES 2 Anaheim Public Utilities Enterprise department serves electricity and water to customer-owners Not-for-profit, only allowed by City Charter to recover

More information

Q&As from the Green Power Partnership s Webinar on Solar Power Purchase Agreements Table of Contents:

Q&As from the Green Power Partnership s Webinar on Solar Power Purchase Agreements Table of Contents: Q&As from the Green Power Partnership s Webinar on Solar Power Purchase Agreements [A recording and presentations from the webinar are available at: http://www.epa.gov/greenpower/events/july28_webinar.htm

More information

Clean Energy Jobs Plan

Clean Energy Jobs Plan Clean Energy Jobs Plan Introduction When I was governor, California was the world leader in renewable energy and it led the nation in efficiency standards. Our programs saved California consumers billions

More information

Overview of Rooftop Solar PV Green Bank Financing Model

Overview of Rooftop Solar PV Green Bank Financing Model Overview of Rooftop Solar PV Green Bank Financing Model Sponsored by The Connecticut Clean Energy Finance and Investment Authority and The Coalition for Green Capital Developed by Bob Mudge & Ann Murray,

More information

Prepared for: California Public Utilities Commission 505 Van Ness Avenue San Francisco, CA 94102

Prepared for: California Public Utilities Commission 505 Van Ness Avenue San Francisco, CA 94102 California Solar Initiative Cost-Effectiveness Evaluation Prepared for: California Public Utilities Commission 505 Van Ness Avenue San Francisco, CA 94102 April, 2011 California Solar Initiative Cost-Effectiveness

More information

Solar Power Plan PREPARED FOR:

Solar Power Plan PREPARED FOR: Solar Power Plan PREPARED FOR: Generic Quote/Average Home 12345 SW Anywhere Place Portland, OR 97229 503-555-1212 donotreply@dpisolar.com Prepared by: Josh Kopczynski, DPI Solar 503-709-9300 Josh@dpisolar.com

More information

Update on Austin Energy Solar and Leasing

Update on Austin Energy Solar and Leasing Update on Austin Energy Solar and Leasing Presentation to CCAE December 4, 2014 Filename, Version 1 Local Solar Growth 2004 2014 25,000 20,000 kw ac Customer Sited Solar Installed (does not include Webberville)

More information

State of Massachusetts -Mass Technology Collaborative

State of Massachusetts -Mass Technology Collaborative If you are looking to install Solar Panels at your home or business the following rebates and incentives are available to you: Federal Energy Tax Credits. The government is enticing you to make your home's

More information

Accelerating Solar on a Local Level Update from Austin

Accelerating Solar on a Local Level Update from Austin Accelerating Solar on a Local Level Update from Austin Solar Power International 2008 San Diego, CA October 15 th Michael Kuhn, ImagineSolar michael.kuhn@imaginesolar.com www.imaginesolar.com Palmer Events

More information

Welcome to SolarCity!

Welcome to SolarCity! 72% SOLAR SYSTEM PROPOSAL FOR ALL-ELECTRIC HOUSE ON LONG ISLAND, NY WITH A MODEL G3-60 GFX. 99% SYSTEM NOT PRACTICAL DUE TO TREES & ORIENTATION Welcome to SolarCity! Our Experience to Serve You We Do Great

More information

RENEWABLE ENERGY DEVELOPMENT STATE TAX POLICIES AND INCENTIVES IMPACTING

RENEWABLE ENERGY DEVELOPMENT STATE TAX POLICIES AND INCENTIVES IMPACTING RENEWABLE ENERGY DEVELOPMENT STATE TAX POLICIES AND INCENTIVES IMPACTING RENEWABLE ENERGY DEVELOPMENT PREPARED BY THE NATIONAL CONFERENCE OF STATE LEGISLATURES MARCH 2012 CALIFORNIA Contents State Taxes

More information

Investigation into the Effectiveness of. Solar Programs in Oregon

Investigation into the Effectiveness of. Solar Programs in Oregon Investigation into the Effectiveness of Solar Programs in Oregon Prepared by: Public Utility Commission of Oregon July 1, 2014 EXECUTIVE SUMMARY The 2013 Oregon Legislature passed House Bill 2893 directing

More information

The Environmental Commission and the Department of Public Utilities or Engineering Department should lead and be involved with this tool.

The Environmental Commission and the Department of Public Utilities or Engineering Department should lead and be involved with this tool. Solar Energy Demonstration Project For more information, see www.sustainablejersey.com The sun s rays are a 100% clean and renewable source of energy, and solar (along with wind), are the two fastest-growing

More information

State of Renewables. US and state-level renewable energy adoption rates: 2008-2013

State of Renewables. US and state-level renewable energy adoption rates: 2008-2013 US and state-level renewable energy adoption rates: 2008-2013 Elena M. Krieger, PhD Physicians, Scientists & Engineers for Healthy Energy January 2014 1 Introduction While the United States power sector

More information

SOLAR POWER IN SANTA CLARA COUNTY MARKETS AND DEVELOPMENT TRENDS

SOLAR POWER IN SANTA CLARA COUNTY MARKETS AND DEVELOPMENT TRENDS SOLAR POWER IN SANTA CLARA COUNTY MARKETS AND DEVELOPMENT TRENDS COUNTY OF SANTA CLARA PLANNING OFFICE APRIL 2010 1 FOR MORE INFORMATION ABOUT THIS PAPER OR SANTA CLARA COUNTY S PV PROGRAM, CONTACT KATJA

More information

Financing Photovoltaic Systems for Affordable Multifamily Housing

Financing Photovoltaic Systems for Affordable Multifamily Housing A GREEN AFFORDABLE HOUSING COALITION Fact Sheet No. 14 Financing Photovoltaic Systems for Affordable Multifamily Housing Introduction This fact sheet provides information to affordable multifamily housing

More information

LIPA s Investment in Solar Energy; Benefitting Customers, Communities, & Businesses

LIPA s Investment in Solar Energy; Benefitting Customers, Communities, & Businesses LIPA s Investment in Solar Energy; Benefitting Customers, Communities, & Businesses Presented by Michael Hervey, Chief Operating Officer The New Energy Symposium, NYC July 19, 2012 What is LIPA? In 1998,

More information

The Economics of Solar in Alberta

The Economics of Solar in Alberta The Economics of Solar in Alberta A White Paper Authors: David Kelly, P.Eng, David Vonesch, BSc. Eng, and Tim Schulhauser, P.Eng, SkyFire Energy Inc. The Choice Albertans have a choice about how they purchase

More information

A Consumer s Guide to the California Solar Initiative Statewide Incentives for Solar Energy Systems

A Consumer s Guide to the California Solar Initiative Statewide Incentives for Solar Energy Systems A Consumer s Guide to the California Solar Initiative Statewide Incentives for Solar Energy Systems It s a great feeling knowing that you are generating electricity without using any outside fuel source.

More information

Clean State Energy Actions 2011 Update. connecticut

Clean State Energy Actions 2011 Update. connecticut Energy Efficiency Appliance/Equipment Efficiency Standards Building Energy Codes Utility Demand-Side-Management Utility Rate Realignment Energy Savings Targets/Energy Efficiency Resource Standards Public

More information

Residential Consumer Guide to Solar Power June 2015

Residential Consumer Guide to Solar Power June 2015 Residential Consumer Guide to Solar Power 505 9 th Street NW Suite 800 Washington DC 20004 202.682.0556 www.seia.org SEIA RESIDENTIAL CONSUMER GUIDE TO SOLAR POWER Introduction How Solar Works Panels (or

More information

PV Farms Solar Electric Power for Wholesale Distribution

PV Farms Solar Electric Power for Wholesale Distribution PV Farms Solar Electric Power for Wholesale Distribution UC ENERGY WEEK 2010 California Solar Energy Workshop UC Davis Energy Institute Davis, California Larry Asera Chairman/CEO Asera Group, Inc. May

More information

PHOTOVOLTAIC SOLAR ELECTRIC SYSTEM

PHOTOVOLTAIC SOLAR ELECTRIC SYSTEM CALIFORNIA ENERGY COMMISSION Buying a PHOTOVOLTAIC SOLAR ELECTRIC SYSTEM A Consumer Guide 2003 Edition HANDBOOK March 2003 P500-03-014F Gray Davis, Governor Buying a Photovoltaic Solar Electric System

More information

The time is right for Solar!

The time is right for Solar! The time is right for Solar! Why Solar Locks in electricity costs for the life of the system, typically 25+ years Usually cash positive from day one when rolled into a refinance or home equity loan Federal

More information

FINANCING RESOURCES FOR SOLAR PV IN WASHINGTON STATE

FINANCING RESOURCES FOR SOLAR PV IN WASHINGTON STATE FINANCING RESOURCES FOR SOLAR PV IN WASHINGTON STATE Evergreen State Solar Partnership February 2013 Authors & Contributors: Northwest SEED, WA State Department of Commerce, City of Seattle, City of Bellevue,

More information

Agenda 08:40 09:00 09:00 09:20 09:20 09:50 09:50 10:00 10:00 10:20 10:20 10:50 10:50 11:00 11:00 12:00 12:00 12:15. Solar 101

Agenda 08:40 09:00 09:00 09:20 09:20 09:50 09:50 10:00 10:00 10:20 10:20 10:50 10:50 11:00 11:00 12:00 12:00 12:15. Solar 101 Agenda 08:40 09:00 09:00 09:20 09:20 09:50 09:50 10:00 10:00 10:20 10:20 10:50 10:50 11:00 11:00 12:00 12:00 12:15 Solar 101 Creating a Regulatory Landscape for Solar Texas Policy Environment Break Benefits

More information

Developing Nebraska s Solar Potential. Michael Shonka

Developing Nebraska s Solar Potential. Michael Shonka Developing Nebraska s Solar Potential Michael Shonka www.solaromaha.com 402-590-5900 Agenda Why Go SOLAR Solar Myths Solar System Components System Design Applications and Impacts Why Go SOLAR? FREE and

More information