The Economics of Solar in Alberta
|
|
- Elwin Bates
- 8 years ago
- Views:
Transcription
1 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 electricity and how that electricity is generated. The vast majority of grid power in Alberta is produced by coal and natural gas. However, Albertans can choose to generate clean electricity on site from a grid-connected solar electric (PV) system to offset up to 100% of annual household or commercial electrical needs. This paper explores the economics surrounding the choice of whether or not to buy power from the grid or to install a grid-connected solar electric system to offset some or all electricity needs. FACT: It is law in Alberta that, as of January 1 st, 2009, home and business owners can install a microgeneration system (solar, wind, etc) to generate their own environmentally friendly electricity on site. Excess power produced by the system is fed into the grid and the utility provider gives the account holder credit for that energy. Escalation of Electricity Costs in Alberta Electricity is getting increasingly expensive. In fact, the average regulated electrical rate (RRO) in Alberta increased 5.9% per year from deregulation in 2002 through to From 2002 to 2008 (before the economic downturn) the rate of increase was 10.2% per year. The historical RRO yearly average rates have been plotted in the graph below. Assuming increases of 5.9% or 10.2%, the predicted future costs are extrapolated on this same graph. Note that these historical escalation rates do not account for additional price increases anticipated from: Billions of dollars in planned transmission system upgrade costs The end of coal fired power in Alberta the Government of Canada has mandated that no new coal plants be built that don t meet natural gas emission standards and that existing coal plants be phased out. This leaves about more years of coal power in Alberta. Carbon Capture and Storage
2 Figure 1 Historical and predicted cost of electricity in Alberta (Regulated Rate Option - RRO) including energy cost per kwh, Transmission & Distribution cost per kwh, and Local Access fee per kwh 1 Comparing the Cost of Solar to Grid Power Levelized Cost of Electricity (LCOE) is the average cost per kwh of electricity (grid power or solar power) over a set period of time, in today s dollars. In this way, the average cost per kwh of solar produced electricity can be compared to the average cost per kwh of electricity from the grid. The comparison is done over the life expectancy of the system which is 25 years or more. Choosing electricity from the standard fossil fuel supplied grid, it will likely cost between $0.167/kWh and $0.305/kWh depending on assumptions (listed below). Choosing to source some or all of your electricity from a solar photovoltaic (PV) system, residential users will end up paying about $0.122/kWh to $0.204/kWh for solar electricity. The cost of commercial installations can be written off to further improve the economics. The results are shown below. 1 Transmission, Distribution, and Local Access Fee charges vary by wires owner and municipality and change regularly. Assumed Calgary numbers - ~3.8 cents/kwh. Exported solar energy receives retail rate in Alberta; solar energy produced and used on the load side of the meter saves on retail rate plus variable portions of the transmission, distribution, local access fees, and rate riders. The example in this document assumes 50% of solar energy is used in the building, while 50% is exported to the grid.
3 Figure 2 Levelized Cost of Electricity 25 Year Comparison (2012 dollars) We can also compare the Net Present Cost (NPC) to determine the cost (in today's dollars) of buying solar versus buying the equivalent amount of energy from the grid. See the graph below for a comparison of NPC for a 5kW residential PV system. Figure 3 Net Present Cost 25 Year Comparison (2012 dollars)
4 FACTS ABOUT SOLAR IN ALBERTA: Alberta has an excellent solar resource A solar PV system in Calgary will produce more energy than the same system in Rome, Rio de Janeiro, Paris, Tokyo, or Berlin Solar PV systems are virtually maintenance free Warranties of up to 25 years for all major components Glass will withstand Alberta s hail The above graphs are calculated based on a 25 year system operation, though lift expectancy of a solar PV system is typically 30 years or more. 5kW Residential PV System: Assumptions used in this analysis BEST CASE WORST CASE Cost/Watt installed $3.75 $5.25 Installed Cost $18,750 $26,250 Output (kwh/kw/yr) * Interest on Loan $0 $6355** % Solar electricity used*** 50% 50% Best Case = angled shingled roof with moderate angle and facing south Best Case = no financing costs Worst Case = flat roof with some shading *lower due to some shade and lower install angle ** Assumes 10% down, remainder on 6% loan paid back over 5 years *** assumes 50% of solar electricity used in house, remainder sold to grid at retail rate Site Specific Action For specific residential or commercial installations, SkyFire Energy can provide a custom Levelized Cost Of Electricity (LCOE) and Net Present Cost (NPC) analysis based on a site s potential solar gain, physical space, electrical requirements, and budget.
5 FAQs The most common question homeowners and business decision makers have regarding solar power generation are as follow: Q: What is the payback and return on investment (ROI) on a solar photovoltaic (PV) system? A: This is an important question for evaluating whether a company or homeowner should purchase something that will provide an ongoing value. However, the decision to purchase electricity has already been made in this case, and what s left is a Lease vs. Buy question: Whether to lease fossil-fired electricity (in perpetuity) from the grid at a rate that is currently increasing at 5.9% % per year, or to buy a PV system that secures a low cost of electricity and adds value to the property. Continuously using and purchasing electricity from the grid does not have an ROI or a payback period and continuously reduces cash flow and retained earnings (savings). With the addition of solar PV, the consumer becomes a producer. A producing asset is added to a home or business, and replaces not another asset, but an expense item and potential liability item. Net wealth increases, and utility expenses are reduced for the life of the equipment (30 years+). Home or commercial building value increases. Personal or business cashflow ratios increase, opening up financing options, or cash for other activities. Q: Should I wait until the price of PV comes down? A: The price is down. With China, Germany, the United States and Japan having installed massive quantities of PV over the last decade, the solar energy sector has seen a significant increase in production and sales over the past 10 years. The resulting efficiencies have finally brought the price of installed PV solar systems to below $5/Watt in most cases. At this price level, the cost of the equipment has come into line with the labor required for engineering, installation, grid connection paperwork and permits. Any decrease in price over the coming years is predicted to be incremental, given inflation and labor rates. Waiting for equipment prices to come down further will likely mean an opportunity cost for homeowners and businesses as they pay increasing grid rates.
6 Q: Are there more than just financial advantages? A: The installation of a solar electric system on your home or business will: Reduce your GHG Emissions and environmental footprint, whether for homeowner satisfaction or to meet corporate or governmental targets Provide energy security - hedge your future electric bills against inflation and escalating grid prices Demonstrates clean energy leadership in the local community Peace of mind for retirees (and near retirees): Given a fixed pension income, a PV system is a solid way to ensure increasing household electricity expenses do not eat into disposable income Produce up to 100% of your annual electrical requirements Increase the value of your home or business
Power Purchase Agreement Financial Models in SAM 2013.1.15
Power Purchase Agreement Financial Models in SAM 2013.1.15 SAM Webinar Paul Gilman June 19, 2013 NREL is a national laboratory of the U.S. Department of Energy, Office of Energy Efficiency and Renewable
More informationSolar 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 informationBy: Crystal Warren IMPLEMENTATION OF SOLAR PANELS ON COMMERCIAL PROPERTIES AND THE COST-BASED INCENTIVES
By: Crystal Warren IMPLEMENTATION OF SOLAR PANELS ON COMMERCIAL PROPERTIES AND THE COST-BASED INCENTIVES MY PLAN Encourage commercial property/business owners to install solar panels to reduce the amount
More informationProposal 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 informationSolar 101. Presented by: Massachusetts Clean Energy Center. January 29, 2014
Solar 101 Presented by: Massachusetts Clean Energy Center January 29, 2014 Outline Introduction Solar PV Basics Overview of Solarize Mass Solar PV Incentives and Economics Getting Started 2 MassCEC Statutory
More informationSuntuity Solar Power: Frequently Asked Questions:
Suntuity Solar Power: Frequently Asked Questions: SOLAR POWER FOR YOU FINANCIAL BENEFITS OF SOLAR POWER LEASING A SOLAR POWER SYSTEM ENVIRONMENTAL BENEFITS OF SOLAR POWER FINDING THE RIGHT SOLAR POWER
More informationCorona 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 informationPage 1 of 11. F u t u r e M e l b o u r n e C o m m i t t e e Agenda Item 7.1. Notice of Motion: Cr Wood, Renewable Energy Target 9 September 2014
Page 1 of 11 F u t u r e M e l b o u r n e C o m m i t t e e Agenda Item 7.1 Notice of Motion: Cr Wood, Renewable Energy Target 9 September 2014 Motion 1. That Council resolves that the Chair of the Environment
More informationBCSE Briefing: Driving US Economic Growth and Jobs. Chris Perrault, Vice President January 26, 2011
BCSE Briefing: Driving US Economic Growth and Jobs Chris Perrault, Vice President January 26, 2011 Key Messages Job growth opportunities from energy efficiency and related technologies (smart grid, etc.)
More informationSolar Energy Society of Alberta The Sun is Rising in Canada
2013-09-26 Solar Energy Society of Alberta The Sun is Rising in Canada Jared Donald, P.Eng, MBA President Conergy Canada 0 Table of Contents Introduction to Conergy Introduction to CanSIA Global energy
More informationConsumer guide. be brighter. actewagl.com.au/solar solar@actewagl.com.au 13 14 93
be brighter. Consumer guide. Your guide on how solar works, how much you can save on your electricity bills and how to choose the right provider and system for you. actewagl.com.au/solar solar@actewagl.com.au
More informationSolar Electricity from Dreamer s s Paradise to Everyday Use
7 kw 35 solar PV modules 340 kw 1700 solar PV modules Solar Electricity from Dreamer s s Paradise to Everyday Use 2010 March 16 6,000 kw 30,000 solar PV modules Gordon Howell, P.Eng. 11,000 kw 55,000 solar
More informationSolar systems provide a range of flexible heating
f a c t s h e e t 7 Solar Power Production photo by Alex Nikada Why solar? Solar systems provide a range of flexible heating and electricity options and are particularly wellsuited to remote or off-grid
More informationClean 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 informationSMALL BUSINESS ENERGY LOAN PROGRAM APPLICATION
SMALL BUSINESS ENERGY LOAN PROGRAM APPLICATION SECTION A: BUSINESS INFORMATION Business Name: Business Address: Business Telephone: Business Fax: Email: Website: Federal Tax I.D. No.: NAICS Code (if known):
More informationThe Current and Future State of Solar. Walter Cuculic SolarCity - National Sales Manager Builder Program
The Current and Future State of Solar Walter Cuculic SolarCity - National Sales Manager Builder Program Agenda Solar Trends and Market Overview and Trends Residential Markets 3 rd Party Ownership Which
More informationThe Alberta Electricity Market Frequently Asked Questions
The Alberta Electricity Market Frequently Asked Questions NOTE: Responses have been gathered from the official websites and public materials of the Government of Alberta, Alberta Utilities Commission,
More informationSolar 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 informationElectricity from PV systems how does it work?
Electricity from photovoltaic systems Bosch Solar Energy 2 Electricity from PV systems Electricity from PV systems how does it work? Photovoltaics: This is the name given to direct conversion of radiant
More informationBoxborough 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 informationThe Hidden Costs of Solar Power
The Hidden Costs of Solar Power Brian H. Potts Foley & Lardner, LLP The Economics of Rooftop and Utility-Scale Solar Cashing in on Federal/State/Local Solar Subsidies The Fixed v. Variable Fee Debate Current
More informationElectricity Prices Panel
Electricity Prices Panel Presentation to CCRE Roundtable Hockley Valley March 27, 214 Amir Shalaby, Vice President, Power System Planning March 27, 214 Today s Journey to Residential Bills Part I: Electricity
More informationTHE ENMAX ENERGY BILL
Bites of ENMAX and industry information THE ENMAX ENERGY BILL 1 ENMAX Corporation Each month, ENMAX Energy Corporation customers receive a bill (also called an invoice or statement) outlining their costs
More informationEnough Solar Energy falls on New York in ONE DAY to power the state for ONE YEAR
Enough Solar Energy falls on New York in ONE DAY to power the state for ONE YEAR Dr., physicist 1/19/2006 Solar Power to the People 1 3% of the State of New York s land area is covered with buildings and
More informationFEED-IN TARIFF (FiT) IN MALAYSIA www.seda.gov.my
IN MALAYSIA www.seda.gov.my 1 Introduction to Feed-in Tariff Mechanism Feed-in Tariff mechanism oblige energy utilities to buy renewable energy from producers, at a mandated price. By guaranteeing access
More informationCNMEC REC PROGRAM. The REC meter will be read monthly by CNMEC. Payment for RECs will be calculated using the monthly readings from the REC meter.
CNMEC REC PROGRAM Renewable Energy Certificates (RECs) are tradable, non-tangible energy commodities that represent proof that 1 megawatt-hour (1000 kilowatt-hours) of electricity were generated from an
More informationRENEWABLE ENERGY INVESTMENTS
RENEWABLE ENERGY INVESTMENTS FREQUENTLY ASKED QUESTIONS SOLAR PV What are photovoltaics (PV)? First used in about 1890, the word photovoltaic has two parts; photo derived from the Greek for light, and
More informationSolar 101 Presented by: Massachusetts Clean Energy Center May 24, 2012
Solar 101 Presented by: Massachusetts Clean Energy Center May 24, 2012 Installing a solar PV system is a terrific investment, and of course it is a good thing to do for the earth. Once you become familiar
More informationSolar Benefits Colorado:! Solar & EV made simple!! September 2015
Solar Benefits Colorado:! Solar & EV made simple!! September 2015 Perceived Barriers to Solar & EV! Range anxiety High upfront cost Marketing & customer acquisition Customer confusion Information overload
More informationWho is Belmont Goes Solar?
Who is Belmont Goes Solar? 200 Group of environmentally conscious citizens that support solar in Belmont: Supported by the Board of Selectmen Belmont Energy Committee Mothers Out Front Sustainable Belmont
More informationInternational Solar Energy Arena January 23rd, 2009, Istanbul STEAM (Strategic Technical Economic Research Center)
International Solar Energy Arena January 23rd, 2009, Istanbul STEAM (Strategic Technical Economic Research Center) Good morning. Sayin Bakanım. Members of Parliament. Ladies and Gentlemen. Slide 1: Opening
More informationSolar Power Frequently Asked Questions
General information about solar power 1. How do I get solar power? Solar Power Frequently Asked Questions Many companies install solar power systems including some electricity retailers. It is worth comparing
More informationThe 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 informationResidential 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 information2008-09 2009-10 2010-11 2011-12 2012- Total 5,926 24,514 66,355 97,042 68,624 262,461 0.6 4.7 22.9 94.3 101.6 224.1
Jan-10 Mar-10 May-10 Jul-10 Sep-10 Nov-10 Jan-11 Mar-11 May-11 Jul-11 Sep-11 Nov-11 Jan-12 Mar-12 May-12 Jul-12 Sep-12 Nov-12 Jan-13 MW kw Australians have installed more than a million rooftop photovoltaic
More informationRooftop 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 informationMailing 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 informationFree electricity for your home, offices or factory with solar PV panels
Free electricity for your home, offices or factory with solar PV panels Who we are Easy Being Green helps customers reduce their household s energy consumption by using energy saving products. Easy Easy
More informationValue of Distributed Generation
Value of Distributed Generation Solar PV in Massachusetts April 2015 Overview Distributed energy resources (DERs) like solar photovoltaic (solar PV) systems provide unique value to the electric grid by
More informationValue of Distributed Generation
Value of Distributed Generation Solar PV in Rhode Island July 2015 Overview Distributed energy resources (DERs) like solar photovoltaic (solar PV) systems provide unique value to the electric grid by reducing
More informationFrequently Asked Questions SOLAR ENERGY:
Frequently Asked Questions SOLAR ENERGY: Why should I have Solar Power? There are lots of reasons that make installing Solar Power Generation worthwhile: Environmental Green advantages Zero carbon emissions
More informationMyths and Realities for Solar Energy 2013
Myths and Realities for Solar Energy 2013 Joseph H. Simmons Backe Chair for Renewable Energy Florida Gulf Coast University Fort Myers, FL jsimmons@fgcu.edu Generally Widespread Myths Myths Cold and cloudy
More informationVirginia Solar Co-op FAQs
Solar Basics How do solar panels work? Photovoltaic cells convert the energy from the sun into electricity and are arranged together to form solar panels. The inverters then convert the electricity generated
More informationRunning 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 informationLevelized Cost and Levelized Avoided Cost of New Generation Resources in the Annual Energy Outlook 2015
June 2015 Levelized Cost and Levelized Avoided Cost of New Generation Resources in the Annual Energy Outlook 2015 This paper presents average values of levelized costs for generating technologies that
More informationEnergy Savings through Solar Energy for Municipalities
Energy Savings through Solar Energy for Municipalities September 2014 2014 Sunvestment Group www.sunvestmentgroup.com Topics to Cover Who We Are RER Energy Group Sunvestment Group Why Now for Solar Energy
More informationDistributed Generation: Frequently Asked Questions
Distributed Generation: Frequently Asked Questions 1) What is distributed generation (DG)? Generating technologies located close to where the electricity is being used that are connected to the electric
More informationALL STAR ELECTRIC COMPANY 10,000 Trumbull SE, Suite #F Albuquerque, NM 87123 (505) 856-1010 voice & fax NM License 21880 www.allstarelec.
ALL STAR ELECTRIC COMPANY 10,000 Trumbull SE, Suite #F Albuquerque, NM 87123 (505) 856-1010 voice & fax NM License 21880 www.allstarelec.com On-Site Power System Specialists: Photovoltaics, Wind Turbine
More informationOpportunity, Policy, and Practice for Renewable Energy: New Mexico Case Study
Opportunity, Policy, and Practice for Renewable Energy: New Mexico Case Study 1 Federal policy: RPS, RES, CES Program Design Element S 3813 Renewable Energy Promotion Act 2010 (Bingaman) S. 1462 American
More informationSiemens and The Carbon Trust The Free Money Deal. Free Money. Money doesn t grow on trees. But it does now grow on roofs and in boiler houses.
Siemens and The Carbon Trust The Free Money Deal Free Money Money doesn t grow on trees. But it does now grow on roofs and in boiler houses. Under this delicious funding scheme sponsored by Siemens and
More information1: Levelized Cost of Energy Calculation. Methodology and Sensitivity
1: Levelized Cost of Energy Calculation Methodology and Sensitivity What is LCOE? Levelized Cost of Energy (LCOE) is the constant unit cost (per kwh or MWh) of a payment stream that has the same present
More informationAre you interested in saving money while producing solar sourced energy? Are you someone whose house, business or land can t host solar panels?
Page 1 of 16 Winter 2016 Group Solar Farm Panel Purchase and License Information Packet Are you interested in saving money while producing solar sourced energy? Are you someone whose house, business or
More informationUsing 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 informationApplication for Purchased Systems Oregon Department of Energy
Application Form for Residential Energy Tax Credit Certification Instructions Solar Electric System (Photovoltaic) Application for Purchased Systems Oregon Department of Energy ELIGIBILITY To qualify for
More informationMICRO HYDRO FOR THE FARM AND HOME
MICRO HYDRO FOR THE FARM AND HOME How much can I expect to save? This depends entirely on the available flow, available head (fall) and the duration that the flow is available. Some farms struggle to maintain
More informationProjected Costs of Generating Electricity
Executive Summary Projected Costs of Generating Electricity 2015 Edition Projected Costs of Generating Electricity 2015 Edition INTERNATIONAL ENERGY AGENCY NUCLEAR ENERGY AGENCY ORGANISATION FOR ECONOMIC
More informationA Residential Customer Guide to Going Solar: Duke Energy Carolinas Version
A Residential Customer Guide to Going Solar: Duke Energy Carolinas Version Prepared by the for Duke Energy Carolinas Residential Customers 1 T hroughout its history, North Carolina has been at the forefront
More informationAn introduction to Bristol Energy Cooperative and our solar panel project for community and commercial buildings
The Background 77 Stokes Croft, Bristol, BS1 3RD; tel: 07503 372 689; info@bristolenergy.coop; www.bristolenergy.coop An introduction to Bristol Energy Cooperative and our solar panel project for community
More informationSolarize Frequently Asked Questions (a)
Solarize Frequently Asked Questions (a) Solarize Old Lyme, www.solarizect.com/oldlyme Solarize Lyme, www.solarizect.com/lyme Q. What is Solarize Connecticut? A. Solarize Connecticut is a town-state sponsored
More informationSolar Photovoltaic System, Valuation and Leasing Overview
ASA-LA and SCCAI Annual Joint Dinner Common Sense Solar Solar Photovoltaic System, Valuation and Leasing Overview James Finlay, MRICS May 12, 2015 RICS - Solar Leasing 10/16/2014 1 Presentation Overview
More informationThe Energy Saving Trust s community solar programme How your community can benefit from discounted solar panels and Feed-in Tariffs
The Energy Saving Trust s community solar programme How your community can benefit from discounted solar panels and Feed-in Tariffs 1 Introduction Feed-in Tariffs have arrived, which means there has never
More informationGet a Solar Home Now: How Installing Solar Can Power the World
Get a Solar Home Now: How Installing Solar Can Power the World Presented by Craig Rush American Solar Energy Society City of Foster City Environmental Sustainability Task Force Go-Green Speaker Series,
More informationAnalysis of Electricity Rate Structures for Residential and Commercial Projects
Analysis of Electricity Rate Structures for Residential and Commercial Projects SAM Webinar Paul Gilman April 16, 2014 1:00 p.m. MDT NREL is a national laboratory of the U.S. Department of Energy, Office
More informationFeed in Tariffs for Microgeneration. Jos Mister Energy Saving Trust
Feed in Tariffs for Microgeneration Jos Mister Energy Saving Trust Funding and Finance Feed in Tariffs Clean Energy Cashback April 2010 Renewable Heat Incentive April 2011 Business support Enhanced Capital
More informationTo assist you with getting started with the SRECs program, find enclosed a copy of the following:
[Current Date] Dear New Jersey Solar System Owner: New Jersey s Renewable Portfolio Standard (RPS) requires electricity suppliers to secure a portion of their electricity from solar facilities connected
More informationSolar 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[SOLAR SUCCESS] Customer Benefits
[Solar power Smarter, cleaner, brighter] [SOLAR SUCCESS] Customer Overview The General Services Administration (GSA) Federal Building is a four-story building in the heart of downtown Sacramento, CA. The
More informationSuccess story: Feed-In Tariffs Support renewable energy in Germany
Success story: Feed-In Tariffs Support renewable energy in Germany This document will show how this success story has been brought about and is made up of the following sections: 1. What is a Feed-In Tariff?
More informationOverview 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 informationPAYBACK 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 informationSOLAR PURCHASE POWER AGREEMENT (PPA) FREQUENTLY ASKED QUESTIONS. UPDATED: October 28, 2015
SOLAR PURCHASE POWER AGREEMENT (PPA) FREQUENTLY ASKED QUESTIONS UPDATED: October 28, 2015 1. Why Solar? Solar energy one of the cleanest and most abundant renewal energy sources available in Texas. Displacing
More informationA macro-economic viewpoint. What is the real cost of offshore wind? siemens.com / wind
A macro-economic viewpoint What is the real cost of offshore wind? siemens.com / wind in the cost debate A broader view of the value of renewables. Globally, installed power generation capacity currently
More informationTax 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 informationSelling Residential Solar A Market Based Approach
http://dialogue.usaee.org/index.php/component/content/article/28 dialogue articles/v17 no3/104 selling residential solara market based approach United States Association for Energy Economics (USAEE) DIALOGUE,
More informationA SOLAR GUIDE - EVERYTHING YOU NEED TO KNOW
WE BRING GREEN SOLUTIONS TO YOU A SOLAR GUIDE - EVERYTHING YOU NEED TO KNOW Provided by A COOLER PLANET A Cooler Planet 1 The Complete Solar Guide WHY GO SOLAR? TOP FIVE FACTORS TO CONSIDER FOR ADDING
More informationUnderstanding Residential Electricity and Natural Gas Bills and Prices in Edmonton
15006-103 AVENUE Phone: +1 780 484 0476 EDMONTON, ALBERTA Fax: +1 780 484 3956 CANADA T5P 0N8 E-mail: ghowell@hme.ca Understanding Residential Electricity and Natural Gas Bills and Prices in Edmonton 2007
More informationToday s Topic. Plano Solar Advocates. www.planosolar.org Non-profit grassroots volunteer group. North Texas Renewable Energy Group
Today s Topic Rooftop Solar in Texas Right Place, Right Time! Plano Solar Advocates www.planosolar.org Non-profit grassroots volunteer group North Texas Renewable Energy Group www.ntreg.org Non-profit
More informationOregon Department of Energy
Application Form for Residential Energy Tax Credit Certification Instructions Solar Electric System (Photovoltaic) Oregon Department of Energy ELIGIBILITY To qualify for a tax credit, you must have an
More informationClean 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 informationThe Fundamentals of Alternative Energy
The Fundamentals of Alternative Energy Retail Fundamentals Presented by Theresa Howland, ENMAX Energy Corp. Canadian Electricity Association November 25, 2002 ENMAX Background Calgary ENMAX Corporation
More informationPG&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 informationGRID 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 informationSummary 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 informationSolarFlair Energy Inc. 190 Pleasant St, Ashland, MA
SolarFlair Energy Inc. 190 Pleasant St, Ashland, MA 132 panels on our roof! About SolarFlair Energy Inc. We ve always been local! Founded in Hopkinton in 2007, moved to Framingham in 2010 and now we have
More informationHow To Calculate The Cost Of Solar Power In Indiana
RenewableEnergy RE-9-W Fueling and Feeding America Through Renewable Resources Economic and Policy Evaluation of Solar Energy for Indiana Business and Applications Jinho Jung and Wallace E. Tyner Department
More informationWe're with you... solar. Call 1800 332 332 today FOR THE LIFE OF THE SYSTEM YEAR WARRANTY * YEAR OLD BACKED BY CSR BRADFORD CSR A AUSTRALIAN COMPANY
We're with you... FOR THE LIFE OF THE SYSTEM 25 YEAR WARRANTY * Electricity prices are predicted to continue to rise in the future. If you're serious about installing energy in your home, look no further
More informationSOLAR PV SYSTEM INFORMATION PACK
SOLAR PV SYSTEM INFORMATION PACK Apollo Solar the solar pv professionals If you are considering going green and earning money from solar energy, look no further than Apollo Solar we are fully qualified
More informationSolar and Wind Energy for Greenhouses. A.J. Both 1 and Tom Manning 2
Solar and Wind Energy for Greenhouses A.J. Both 1 and Tom Manning 2 1 Associate Extension Specialist 2 Project Engineer NJ Agricultural Experiment Station Rutgers University 20 Ag Extension Way New Brunswick,
More informationNBF. Electrical. www.nbfelectrical.com.au WHY GO SOLAR? NBF ELECTRICAL EXPLAINS WHY
Electrical NBF www.nbfelectrical.com.au WHY GO SOLAR? NBF ELECTRICAL EXPLAINS WHY contact NBF Electrical Nathan Fielke Mobile: 0433 145 587 Fax: (08) 8346 4044 ABN 75 536 121 682 CEC A3966385 PGE197475
More informationA Discussion of PEM Fuel Cell Systems and Distributed Generation
A Discussion of PEM Fuel Cell Systems and Distributed Generation Jeffrey D. Glandt, M. Eng. Principal Engineer, Solutions Engineering May 2011 The information contained in this document is derived from
More informationFINANCING SCENARIOS FOR SOLAR
FINANCING SCENARIOS FOR SOLAR Jaimes Valdez March 31, 2015 Comparative Financing Models of Solar Energy Systems in Washington State Introduction The solar energy marketplace is rapidly evolving, and a
More informationMassachusetts PV and SHW Program Update Elizabeth Kennedy Program Director Massachusetts Clean Energy Center
Massachusetts PV and SHW Program Update Elizabeth Kennedy Program Director Massachusetts Clean Energy Center MassCEC Statutory Mandate Advance Clean Energy Technology Create Jobs Develop a Trained Workforce
More informationVEDA Commercial Energy Loan Application
9-24-13 58 East State Street Montpelier, VT 05602 802-828-5627 www.veda.org VEDA Commercial Energy Loan Application 1. APPLICANT(S)/BORROWERS(S) NAMES AND CONTACT INFORMATION Provide the name(s) and addresses
More informationJon Buschke 3059 Austin Ave Simi Valley, CA 93063 (805) 813-1647 jbuschke@hotmail.com
PDF Raw Data < B Na ec Solar Lease Quote Prepared For: Jon Buschke 3059 Austin Ave Simi Valley, CA 93063 (805) 813-1647 jbuschke@hotmail.com Prepared By: Michael Garcia Solarology 2524 Townsgate rd unit
More informationTechnology Fact Sheet for Mitigation
Technology Fact Sheet for Mitigation Solar PV systems (>1MW) i Technology: Solar PV systems (>1MW) Sector : Energy Subsector : Technology characteristics Introduction Solar photovoltaic, or simply photovoltaic
More informationSolar 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 informationSolar Photovoltaic Basics
Solar Photovoltaic Basics A solar electric system is a simple, no-maintenance way to reduce or eliminate your electricity costs. The right size system can zero out your bill, plus reduce carbon emissions
More informationAnalysis of a 30 Percent by 2030 National Renewable Electricity Standard
Analysis of a 30 Percent by 2030 National Renewable Electricity Standard Alison Bailie, Steve Clemmer, and Jeff Deyette May 12, 2015 Photo: istock 2015 Union of Concerned Scientists www.ucsusa.org/30by2030nationalres.pdf
More informationKit Carson Electric Solar Program Presented to: Science, Technology and Telecommunications Committee July 19-20 th 2010 Presented By: Luis Reyes, CEO
Kit Carson Electric Solar Program Presented to: Science, Technology and Telecommunications Committee July 19-20 th 2010 Presented By: Luis Reyes, CEO KCEC Solar Canopy Energized 1/12/2010 KIT CARSON ELECTRIC
More informationSimple project evaluation spreadsheet model
Simple project evaluation spreadsheet model Africa Electricity Institute Practitioner Workshop 15 November 2011 -- Dakar, Senegal Chris Greacen Two very different models Used by: Excel financial model
More information