PPA v. Lease. What is a PPA?
|
|
- Denis Burns
- 8 years ago
- Views:
Transcription
1 2016 Government Practice Seminar Solar Power Purchase Agreements 9:00 a.m. 9:45 a.m. Presented by Rachel Rowley BrownWinick 666 Grand Avenue,Suite 2000 Des Moines, IA Telephone: Facsimile: FRIDAY, MAY 20, 2016
2 POWER PURCHASE AGREEMENTS FOR STATE AND LOCAL GOVERNMENTS Rachel Rowley BrownWinick 666 Grand Avenue, Suite 2000 Des Moines, IA Telephone: Facsimile: What is a PPA? A Power Purchase Agreement (PPA) is an agreement between two parties, one which generates electricity and one who purchases the energy. It is a common mechanism by which government entities finance a solar energy project with a third party. PPA v. Lease Third-party financing of solar energy occurs through two models: Power Purchase Agreements Solar Leases Lease Model Consumer will sign a contract with an installer/developer and pay for the solar energy system over a period of years or decades. Consumer does not pay for the power produced. 1
3 PPA v. Lease, cont d. PPA Model An installer/developer builds a solar energy system on a consumer s property at no cost. The solar energy system offsets the consumer s electric utility bill, and the developer sells the power generated to the consumer at a fixed rate, typically lower than the local utility. Some states do not allow PPAs and therefore, customers have to finance solar via a lease. Iowa Supreme Court recently found PPAs are allowed. SZ Enterprises v. IUB, No , decided July 11, Overview of PPA Financing Advantages of PPA No/low up-front costs Ability for governmental entity to enjoy lower electricity prices thanks to savings passed on from federal tax incentives. A predictable cost of electricity over years. No need to deal with complex system design and permitting process. No operating and maintenance responsibilities. 2
4 PPA Checklist 1. Project Planning for Solar PV with PPA Financing Identify potential locations Online tools help Google Earth, In My Backyard Issue a Request for Proposal (RFP) May want to aggregate multiple smaller sites Contract Development Issues include: REC sales, insurance, easements necessary to build solar arrays, liability, production guarantees Permitting and Rebate Processing System owner usually files permits and rebates Government agency should note filing deadlines for state-level incentives Database of State Incentives for Renewables and Efficiency Project design, Procurement, Construction, Commissioning The developer will complete a detailed design based on the term sheet. The commissioning step certifies interconnection with the utility and permits system startup. The PPA should establish firm realistic developer responsibilities and damages for failure to perform. 3
5 2. Financial and Contractual Considerations Estimating System Size First step for determining the financial feasibility of a PPA is to estimate the appropriate size of the solar PV system. In My Backyard is free tool to help make this assessment Estimates system size, annual electricity generated, and monetary value of the electricity generated PPA Pricing Key advantage predictable cost of electricity over life of a year contract Most common PPA pricing scenarios: fixed price and fixed escalator Fixed price: electricity sold to government agency at fixed rate over the life of the contract. (It is possible for PPA price to be higher than the utility rate at beginning.) Source NREL Fixed-Escalator: electricity produced by the system is sold to the government agency at a price that increases at a predetermined rate, usually 2-5%. Source NREL Price Based on Utility Rate: electricity price is based on the utility rate with a predetermined discount. This is not common. It is complicated to structure and undermines the price-predictability advantage of PPA. 4
6 Prepay: Some government agencies like to prepay for a portion of the power to be generated or make investments to lower the cost of the installed system. This can reduce cost of electricity agreed to in the PPA and takes advantage of governmental entities' ability to issue tax-exempt debt. 3. Interconnection and Net Metering Interconnection Federal policy requires utilities accept interconnection from solar power stations, but each utility s process varies. The system owner and the utility will enter into an interconnection agreement. Agreement provides for conditions (stand-by charges), equipment, and processes. Interstate Renewable Energy Council has report on state specific interconnection standards: Net metering Policy allows solar-system owner to receive credit on electricity bill for surplus solar electricity sent back to the utility Electricity meter spins backwards States differ on net metering Iowa allows net metering: 199 IAC 15.11(5) provides that each utility shall offer to provide net metering. However, utilities have filed tariffs that limit the ability to net metering. These tariffs are currently being litigated. 5
7 Benefits of net metering for the consumer: Represents the full retail value of electricity delivered Allows to put excess electricity back into the electric grid and retrieve it later, free of charge more cost effective Captures energy generated and consumed provides annual performance data 4. Federal Tax Incentives for the System Owner It is important for the System Owner to take advantage of federal and state tax incentives that the government entity cannot. Two most significant tax benefits: Investment Tax Credit (ITC) offers tax-paying entities a 30% tax credit on total cost of solar system. Accelerated Depreciation accounting practice used to allocate the cost of wear and tear on a piece of equipment over time in this case more quickly. The IRS allows a 5 year accelerated cost recovery for solar arrays. 5. Renewable Energy Certificates Iowa has implemented renewable portfolio standard policies (RPS) Utilities prove RPS compliance using renewable energy certificates (RECs) RECs can be traded separately from the electricity. PPAs are normally structured so that the RECs remain with the system owner. Important if consumer does not buy the RECs, consumer cannot say that it is hosting a renewable energy project; may only say that it is powered by renewable energy. 6
8 6. Insurance Many governmental entities may self-insure However, interconnection rules may require additional coverage Cost of insurance can increase energy pricing by 5-10% Generally, insurance is responsibility of system owner. However, if system owner covers insurance cost, cost will be factored into the PPA It may be cheaper for the government entity to purchase insurance directly and name the system owner as an additional insured party Standard Terms of PPAs License The consumer will grant the system owner a license to use property for installing, operating and maintaining solar facility. Purchase of Solar Facility The PPA may give the consumer the option to purchase the solar facility at the end of the initial term of the PPA. Purchase of Delivered Energy The PPA will require the consumer to purchase all the generated energy at a set price. Some PPAs will make the price conditioned upon the system owner s approval of eligibility for receipt of Iowa Renewable Energy Credits or Iowa Renewable Energy Tax Credits. Standard Terms of PPAs, cont d. Renewable Energy Credits/ Tax Credits The parties will expressly provide who gets title and rights for renewable energy credits and renewable energy tax credits. Seller s Obligations Seller s obligations normally include design and construction of the solar facility, obtaining any applicable permits, maintenance and repair of solar facility, production guarantees, and minimize any unavailability of the solar power. 7
9 Sample Terms of PPAs, cont d Consumer s Obligations Consumer s obligations include the payment of taxes, obtain approvals for interconnection with the utility, and assist the system owner in obtaining the applicable tax and energy credits. Sample PPAs Government Level State County City Name Caltrans District 10 Solar Project Boulder County Solar Project Denver Airport Solar Project Consumer California Dept. of Transportation Boulder County Denver International Airport Utility Pacific Gas & Electric Xcel Energy Xcel Energy Size (DC) 248 kw 615 kw 2,000 kw Annual Production 347,407 kwh 869,100 kwh 3,000,000 kwh Type 123 kw rooftop, 125 kw carport 570 kw rooftop, 45 kw ground Ground-mount, single-axis tracking Area 22,200 sq ft 8 county buildings 7.5 acres Developer Sun Edison, LLC Bella Energy World Water & Solar Technologies Owner Sun Edison, LLC Rockwell Financial MMA Renewable Ventures PPA Terms 20 yrs, 5.5% discount from utility rates 20 yrs, fixed price6.5 cent/kwh for first 7 years, renegotiate price and buyout option at beginning of year 8 25 years, fixed-price 6 cents/kwh for first 5 years, buyout option at beginning of year 6 or price increases to 10.5 cents/kwh Website: Toll Free Phone Number: OFFICE LOCATIONS: 666 Grand Avenue, Suite 2000 Des Moines, Iowa Telephone: (515) Facsimile: (515) Franklin Place Pella, Iowa Telephone: (641) Facsimile: (641) DISCLAIMER: No oral or written statement made by BrownWinick attorneys should be interpreted by the recipient as suggesting a need to obtain legal counsel from BrownWinick or any other firm, nor as suggesting a need to take legal action. Do not attempt to solve individual problems upon the basis of general information provided by any BrownWinick attorney, as slight changes in fact situations may cause a material change in legal result. 8
SMALL SOLAR. 2014 Nebraska Wind and Solar Conference and Exhibition. Guy C. Smith October 29, 2014
SMALL SOLAR 2014 Nebraska Wind and Solar Conference and Exhibition Guy C. Smith October 29, 2014 TYPES OF SOLAR PROJECTS Concentrated Solar Projects (CSP) Systems generate solar power using mirrors or
More informationCommercial & Industrial
0 Commercial & Industrial 1 Cut the cord on rising energy costs Looking for a way to reduce your operating expenses and increase profits? Install a solar energy system and generate your own clean, renewable
More informationFinancing 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 informationSolar Financing for Municipalities
Solar Financing for Municipalities Providing Opportunities to Reduce Electricity Costs & Generate Resilient Local Economies Anthony E. Smith, PhD President/CEO Secure Futures, LLC About Secure Futures
More informationEnergy Analysis. Fact Sheet Series on Financing Renewable Energy Projects. Power Purchase Agreement Checklist
Vertical Format Reversed-A National Renewable Energy Analysis Vertical Format Reversed-B Fact Sheet Series on Financing Renewable Energy Projects Power Purchase Agreement Checklist National for Energy
More informationSolar Purchase Power Agreements Brief Sheet
Solar Purchase Power Agreements Brief Sheet The Essentials A Power Purchase Agreement is a contract between multiple parties, one who generates electricity for the purpose of sale (the seller) and one
More information2014 Nuts & Bolts Seminar Des Moines
2014 Nuts & Bolts Seminar Des Moines Business Court 101 9:30 a.m.-10:00 a.m. Presented by Haley R. Van Loon BrownWinick 666 Grand Avenue, Suite 2000 Des Moines, IA 50309-2510 Phone: 515-242-2400 Fax: 515-283-0231
More informationLeasing Residential PV Systems BY MICHAEL RUTBERG; ANTONIO BOUZA, ASSOCIATE MEMBER ASHRAE
This article was published in ASHRAE Journal, December 2013. Copyright 2013 ASHRAE. Posted at www.ashrae.org. This article may not be copied and/or distributed electronically or in paper form without permission
More informationPPA 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 informationSolar 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 informationFinancing 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 informationSolar Power Purchase Agreements & Other Learnings Brian Millberg Energy Manager, City of Minneapolis Gayle Prest l Sustainability Director, City of
Solar Power Purchase Agreements & Other Learnings Brian Millberg Energy Manager, City of Minneapolis Gayle Prest l Sustainability Director, City of Minneapolis Minneapolis Solar Installations Solar Thermal:
More informationDirect Investment, Synthetic PPA s ABC Member Bulk Procurement. Garrett Sprague, A Better City
Direct Investment, Synthetic PPA s ABC Member Bulk Procurement Garrett Sprague, A Better City Barriers to Investing in Renewables 1. Many large institutions not aware of the opportunity. 2. Inertia of
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 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 informationWednesday, 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 informationJEA Net Metering Policy Tiers 1-3
Summary The JEA Net Metering Policy is intended to facilitate generation from customer-owned renewable energy sources to offset up to all of the customer s energy requirements. The policy provides system
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 informationPV 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 informationOutlook for Renewable Energy Markets: Implications for development, finance, infrastructure and law. Kevin Lapidus
Outlook for Renewable Energy Markets: Implications for development, finance, infrastructure and law Kevin Lapidus Sr. Vice President and General Counsel Sun Edison LLC October 2, 2009 SunEdison 2 North
More informationNellis AFB Solar Power System & Renewable Energy
United States Air Force Warfare Center Nellis AFB Solar Power System & Renewable Energy Ms Michelle R. Price Base Energy Manager This Briefing is: UNCLASSIFIED AGENDA Nellis Background Project Overview
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 Power Purchase Agreements & Leases
Solar Power Purchase Agreements & Leases Angela Lipanovich, Esq. March 7, 2012 Copyright 2012, Estriatus Law. All rights reserved. Conditions of Usage and Disclaimer 1 Estriatus Law grants the following
More informationPower 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 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 informationFinancing 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 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 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 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 informationSolar Project Pricing Index
Solar Project Pricing Index May, 2012 www.dgenergypartners.com Disclaimer The provision of a report by DG Energy Partners (DGEP) does not obviate the need for potential investors to make further appropriate
More informationTAX EQUITY INVESTMENTS OVERVIEW Frequently Asked Questions
2016 TAX EQUITY INVESTMENTS OVERVIEW Frequently Asked Questions prepared by Distributed Sun & DLA Piper LLP (US) February 25, 2016 Page 0 of 8 Table of Contents Disclaimer... 2 What are the tax-based incentives
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 informationReVision Energy. Community Solar Farms (CSFs) & Power Purchase Agreements (PPAs)
ReVision Energy Community Solar Farms (CSFs) & Power Purchase Agreements (PPAs) Who is ReVision Energy? Engineers: NABCEP: Solar Certifications: College Degree: Projects: Brown, Dartmouth, MIT, UNH 8 Certifications
More informationState 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 informationBanking on Renewables
RURAL INFRASTRUCTURE BRIEFINGS Banking on Renewables These Briefings showcase different facets of the rural infrastructure industries: power, energy, and utilities; water utilities; and communications.
More informationAdvisory Brokerage Research
DG Energy Partners Solar Project Pricing Index May 2013 May Updates: - NJ SREC market rallies 15-20% - MA SRECs continue upward trend - Updated pricing for GA, NC and LA DWP Advisory Brokerage Research
More information2016 Santee Cooper Solar Home & Solar Share Home Program Manual
2016-17 2016 Santee Cooper Solar Home & Solar Share Home Program Manual Version 03232016 This Program Manual is intended to serve as a reference for Santee Cooper s residential Customers that are interested
More informationCT Public Act No. 11-80 Opportuni8es in Solar PV. July 28, 2011
CT Public Act No. 11-80 Opportuni8es in Solar PV July 28, 2011 The Company Independent solar power producer (IPP). We develop, build, own and operate solar PV systems for customers with no upfront capital
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 informationDG Energy Partners Solar Project Pricing Index. April 2013. Advisory Brokerage Research
DG Energy Partners Solar Project Pricing Index April 2013 Advisory Brokerage Research DGEP Project Pricing Index DGEP has developed the first Project Pricing Index (PPI) for solar projects in the United
More informationExplanation of Net Energy Metering and Annual Net Surplus Electricity Settlement Options
Explanation of Net Energy Metering and Annual Net Surplus Electricity Settlement Options Applicability This document is applicable to any City of Palo Alto Utilities ( CPAU ) Customer Generator currently
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 informationResidential Consumer Guide to Solar Power
Residential Consumer Guide to Solar Power 505 9 th Street NW Suite 800 Washington DC 20004 202.682.0556 www.seia.org Table of Contents Residential Consumer Guide to Solar Power... 2 Introduction... 2 How
More informationThe Business Model of Leasing PV Solar Panels. Aidan Gilbert March 10 th, 2015
The Business Model of Leasing PV Solar Panels Aidan Gilbert March 10 th, 2015 1 Background 1 n The Solar Boom Growth in Capacity for U.S. n 2.3 GW in 2010 n 12.1 GW in February 2014 n Grown more than 5x
More informationFinancing Solar PV. Equipment prices have decreased around 60% in the last 5 years.
Financing Solar PV Why Solar? Excellent solar resource in Western Colorado Clean and renewable Environmentally responsible Great investment, high returns Equipment prices have decreased around 60% in the
More informationDOE OFFICE OF INDIAN ENERGY Getting Private Money Into Rural Energy Projects Through Tax Credit Financing. Paul Schwabe, NREL
DOE OFFICE OF INDIAN ENERGY Getting Private Money Into Rural Energy Projects Through Tax Credit Financing Paul Schwabe, NREL People don't always think of Alaska as pioneering and innovative. What they
More informationSOLAR 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 informationSolar 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 informationA 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 informationFinancing Options for Commercial Solar Projects
2010 Financing Options for Commercial Solar Projects EXECUTIVE SUMMARY Thanks to a range of innovative financing options, transitioning to solar energy has never been more affordable for businesses and
More informationTHE NARRAGANSETT ELECTRIC COMPANY RENEWABLE ENERGY GROWTH PROGRAM FOR RESIDENTIAL CUSTOMERS
Sheet 1 1. Introduction This tariff ( Tariff ) describes the terms and conditions under which an Applicant for a solar electricity generating facility ( Residential Small-Scale Solar Project or Project
More informationReport on the Status of Net Energy Metering In the State of Maryland. Prepared by The Public Service Commission of Maryland
Report on the Status of Net Energy Metering In the State of Maryland Prepared by The Public Service Commission of Maryland Prepared for the General Assembly of Maryland Under Public Utilities Article 7-306(h)
More informationPurchase Price Allocations for Solar Energy Systems for Financial Reporting Purposes
Purchase Price Allocations for Solar Energy Systems for Financial Reporting Purposes July 2015 505 9th Street NW Suite 800 Washington DC 20004 202.862.0556 www.seia.org Solar Energy Industries Association
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 informationState 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 informationSolar 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 informationFinancing Renewable Energy in New Jersey
Financing Renewable Energy in New Jersey Renewable Energy Procurement Workshop Sustainable Jersey and the Atlantic County Utilities Authority Presenters Douglas J. Bacher, Managing Director Dianna C. Geist,
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 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 informationEconomics of Solar Forum
Economics of Solar Forum November 14, 2014 1300 Clay Street, Suite 1000, Oakland, CA 94612 phone 510-839-8200 fax 510-208-8282 A Division of Zions First National Bank Overview Financing methods for renewable
More informationCommunity Solar Iowa Association of Municipal Utilities Energy 2013 Conference
Community Solar Iowa Association of Municipal Utilities Energy 2013 Conference Warren McKenna -- Farmers Electric Cooperative wmckenna@feckalona.com Solar Energy Paradigm Shift FERC Chair Jon Wellinghoff:
More informationNESEMC Top Solar Policies
ABOUT THIS DOCUMENT NESEMC Top Solar Policies Massachusetts This document was produced with the help of the Pace Energy and Climate Center s team of student researchers. The vast majority of the information
More informationSunrun project policies guidebook
Sunrun project policies guidebook a handy guide about the projects we want (and the ones we don t) CSLB #969975; NJ #13VH07020300 Project Policies Guidebook Sunrun and our partner network put in service
More informationThe 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 informationMaking the Business Case for Solar Power on Commercial Properties
Making the Business Case for Solar Power on Commercial Properties A Sample Internal Presentation to Corporate Decision-Makers Created by Alta Energy for companies that own or lease commercial property
More informationHIPAA FOR THE DENTAL PRACTICE
HIPAA FOR THE DENTAL PRACTICE Catherine C. Cownie Adam J. Freed E-mail: cownie@brownwinick.com E-mail: freed@brownwnick.com Telephone: 515-242-2490 Telephone: 515-242-2402 BrownWinick 666 Grand Avenue,
More informationGoogle s Green PPAs: What, How, and Why
September 17, 2013 Revision 3 (initially published April 21, 2011) Google s Green PPAs: What, How, and Why Table of Contents Introduction... 1 Electrons, markets, the art of the possible... 1 Meeting our
More informationSolar PV For Surrey Schools - Information Pack
Solar PV For Surrey Schools - Information Pack Solar PV for Surrey Schools: Summary of options and key considerations School interested in solar PV OPTION 1 Own investment: School is responsible for the
More informationSolar Power Cost Effects on Customers
Austin s Solar Tool Box Value of Solar, Community Solar and Solar Leasing Kaiba White kaibawhite@gmail.com Value of Solar Tariff Value of solar (VoS) is available to residential customers for solar installations
More informationThe image cannot be displayed. Your computer may not have enough memory to open the image, or the image may have been corrupted.
The image cannot be displayed. Your computer may not have enough memory to open the image, or the image may have been corrupted. Restart your computer, and then open the file again. If the red x still
More informationAdvanced solar power generation... www.massmegawatts.com Corporate Sales: 508-751-5432
Advanced solar power generation... www.massmegawatts.com Corporate Sales: 508-751-5432 A Complete Solar-Power System with innovative technology Solar Tracking Increases solar-power generation by 25% Suited
More informationEnergy Benefits Yolo Program: Solar FAQ
Energy Benefits Yolo Program: Solar FAQ Please visit www.mygroupenergy.com/yolo Program Questions What is Energy Benefits Yolo? The Energy Benefits program is an effort of the Yolo Climate Compact and
More informationHow To Profit From Solar Power
Bank of Hawaii Equipment Leasing Photovoltaic Leasing What s s Behind the Numbers Jaewon Jay Kwak Vice President and Senior Lease Officer 808-537-8815 jkwak@boh.com Economics of PV (Commercial Systems)
More informationIntroduction to Project Finance Analytic Methods
Introduction to Project Finance Analytic Methods Renewable Energy and Project Development and Financing for California Tribes Sacramento, CA Jack Whittier, McNeil Technologies January 2008 Why? Use a model
More informationFlorida Solar Financing Action Plan: A Menu of Options
Florida Solar Financing Action Plan: A Menu of Options 19 February 2015 Research for best practices regarding solar financing listing a summary of findings with links to reports, documents, and references
More informationLEX HELIUS: THE LAW OF SOLAR ENERGY Solar Energy System Design, Engineering, Construction, and Installation Agreements
LEX HELIUS: THE LAW OF SOLAR ENERGY Solar Energy System Design, Engineering, Construction, and Installation Agreements Alan R. Merkle Stoel Rives LLP 600 University Street, Suite 3600 Seattle, WA 98101-4109
More informationApplication for Individual Retail Exemption
Application for Individual Retail Exemption GDY Solar Pty Ltd 13 March 2015 Document Number: SOL-FN-EX-FRC-01191-2.0 Release Statement This document is copyright. Except for the purposes permitted under
More informationRetail Licence Exemptions for Solar Power Purchase Agreement Providers. Department of Finance Public Utilities July 2015
2/164 Balcatta Rd, Balcatta WA 6021 1300 897 441 www.carbonfootie.com.au Retail Licence Exemptions for Solar Power Purchase Agreement Providers Carbon Footie Submission to Draft Recommendations Report
More informationUpdate 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 informationCommunity Solar Iowa Economic Development Community Efficient and Renewable Energy Workshop
Community Solar Iowa Economic Development Community Efficient and Renewable Energy Workshop Warren McKenna -- Farmers Electric Cooperative wmckenna@feckalona.com FEC - The Vision 25x25 25% reduction of
More informationTHE STATE OF NEW HAMPSHIRE BEFORE THE NEW HAMPSHIRE PUBLIC UTILITIES COMMISSION. Docket No. VIVINT SOLAR, INC. PETITION FOR DECLARATORY RULING
THE STATE OF NEW HAMPSHIRE BEFORE THE NEW HAMPSHIRE PUBLIC UTILITIES COMMISSION Docket No. VIVINT SOLAR, INC. PETITION FOR DECLARATORY RULING I. Introduction Pursuant to N.H. Code Admin. R. Ann. PUC 203
More informationFor companies that own or lease commercial property whether retail, industrial or office buildings
Solar Analytics and Procurement Making the Business Case for Commercial Solar This paper provides a straightforward process to make the business case for specific cost-effective solar projects in your
More informationSolar Energy. Airports Going Green Aimee Fenlon
Solar Energy Airports Going Green Aimee Fenlon 1 Renewable vs. Non-Renewable Electrical Generation Renewables: Source Advantages Disadvantages Solar PV No CO2; Needs no Fuel Intermittent no power at night,
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 informationBreakeven Cost for Residential Photovoltaics in the United States: Key Drivers and Sensitivities (Report Summary)
Breakeven Cost for Residential Photovoltaics in the United States: Key Drivers and Sensitivities (Report Summary) Paul Denholm Robert M. Margolis Sean Ong Billy Roberts December 2009 NREL/PR-6A2-47248
More informationRequest for Proposal. Solar Power Purchase Agreement
Request for Proposal Solar Power Purchase Agreement Solicitation The Town of Carbondale, Colorado is soliciting proposals from a qualified Contractor/Vendor to design, fabricate, deliver, install, operate,
More informationWilson Sonsini Goodrich & Rosati
SOLAR POWER PURCHASE AGREEMENTS IREC TELEPHONE SEMINAR June 12, 2008 Peter D. Mostow, J.D. Partner, Clean Technology and Renewable Energy Practice Wilson Sonsini Goodrich & Rosati Agenda Legal Drivers
More informationSelling Renewable Energy in Michigan. Julie Baldwin Michigan Public Service Commission Michigan Wind Conference 2009 March 3, 2009
Selling Renewable Energy in Michigan Julie Baldwin Michigan Public Service Commission Michigan Wind Conference 2009 March 3, 2009 Michigan Public Service Commission Three Governor-appointed Commissioners
More informationin North Carolina Tim Kemper, CPA, Partner National Co-leader, Renewable Energy practice CohnReznick LLP
Using State and Federal Tax Credits in North Carolina Tim Kemper, CPA, Partner National Co-leader, Renewable Energy practice CohnReznick LLP Driving the deal forward in NC Key Elements Certificate of Public
More informationSASH Program Analysis City of Richmond Case Study
SASH Program Analysis City of Richmond Case Study By Bettina Baylis & Audrey Copeland Sustainable Energy Management December 10, 2014 TABLE OF CONTENTS The Problem.. 2 Research & Evidence 2 Scenarios 6
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 informationOFF CAMPUS RENEWABLE ENERGY PROJECT DEVELOPMENT
Request for Proposal OFF CAMPUS RENEWABLE ENERGY PROJECT DEVELOPMENT Stanford University RFP ISSUED 24 OCTOBER 2014 PRE PROPOSAL MEETING 5 NOVEMBER 2014 PROPOSALS DUE 17 NOVEMBER 2014 Table of Contents
More informationComments of the Edison Electric Institute Net Benefits and Costs of Distributed Solar Energy and Innovative Solar Deployment Models, DOE-EERE
Comments of the Edison Electric Institute Net Benefits and Costs of Distributed Solar Energy and Innovative Solar Deployment Models, DOE-EERE Category 2 - Innovative Solar Deployment Models Edward H. Comer,
More informationImplementing Renewable Energy at Water Utilities
Bryan Lisk PE, CEM Hazen and Sawyer P.C. Linda Reekie Water Research Foundation Frederick Bloetscher, Ph.D., P.E. - Public Utility Management and Planning Services, Inc. ABSTRACT As energy costs continue
More information3.36 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 informationSolar Economics. Cathy Redson. October 18, 2014. NATiVE, Inc.
Solar Economics Cathy Redson SolPowerPeople, Inc. NATiVE, Inc. October 18, 2014 Glad to Be Here! Began in Solar industry in 2007 Free Fuel Wins Solar Educator 2007 to Present Solar Practitioner 2012 to
More informationThe Narragansett Electric Company d/b/a National Grid
The Narragansett Electric Company d/b/a National Grid Rhode Island Renewable Energy Growth Program Solicitation and Enrollment Process Rules for Small-Scale Solar Projects Effective Date: April 1, 2015
More informationPROCUREMENT GUIDE: CHP FINANCING
PROCUREMENT GUIDE: CHP FINANCING 1. Overview The decision of whether and how to finance a CHP system is a critical step in the development of a CHP project. CHP systems require an initial investment to
More informationMISSOURI SERVICE AREA
MO.P.S.C. SCHEDULE NO. 6 1st Revised SHEET NO. 89 CANCELLING MO.P.S.C. SCHEDULE NO. Original SHEET NO. 89 PURPOSE SOLAR RENEWABLE ENERGY CREDIT PURCHASE The purpose of this rider is to provide a mechanism
More informationSolar Benefits Colorado Program FAQ http://www.mygroupenergy.com/colorado
Solar Benefits Colorado Program FAQ http://www.mygroupenergy.com/colorado Program Questions What is Solar Benefits Colorado? The Solar Benefits Colorado program is an effort of the City and County of Denver,
More information