Solar Means Business 2014
|
|
- Reynold Neal Carroll
- 7 years ago
- Views:
Transcription
1 Solar Means Business 2014 Top U.S. Commercial Solar Users 505 9th Street NW Suite 800 Washington DC
2 Solar Energy Industries Association Celebrating its 40th anniversary in 2014, the Solar Energy Industries Association is the national trade association of the U.S. solar energy industry. Through advocacy and education, SEIA is building a strong solar industry to power America. As the voice of the industry, SEIA works with its 1,000 member companies to champion the use of clean, affordable solar in America by expanding markets, removing market barriers, strengthening the industry and educating the public on the benefits of solar energy. Visit SEIA online at This report is intended for informational purposes only. References to specific products and projects have been included solely to advance these purposes and do not constitute an endorsement, sponsorship or recommendation by SEIA Solar Energy Industries If you would like to provide data on your company s solar portfolio, please click here to access a survey. Completed surveys can be sent to research@seia.org. Learn more about the report at Apple has two large solar farms in North Carolina, producing 40 MW of clean electricity and powering its huge data center. The company recently announced plans to build a third solar farm. Photo: Apple, Inc. 1
3 Table of Contents Introduction... 3 Solar is a Smart Investment... 4 Creative Solar Business Opportunities... 6 Top 25 Companies by Solar Capacity... 8 Breakout Rankings... 9 Top Companies by Number of Installations Top Companies by Geographic Diversity Commercial Users by Percent of Facilities with Solar Power Methodology
4 Introduction Solar energy makes financial sense. That s why business leaders in America s brightest, most competitive companies are increasingly choosing to install solar energy systems at their facilities. For the third year in a row, not only are more businesses choosing solar, but those that have used solar in the past are doing so again and again on rooftops across America. Walmart, Kohl s, Costco, Apple, IKEA and more have all embraced solar energy. Collectively, the 25 companies with the most solar capacity in the U.S. now have 1,110 systems totaling 569 megawatts (MW), generating enough electricity to power more than 115,000 homes. And these companies are installing even more. The price of solar energy has fallen dramatically over the past few years, while the price of fossil generation continues to experience significant volatility. This growing adoption of solar by the commercial sector is predominantly the result of consistent price declines. The average price of a completed commercial photovoltaic (PV) project in Q has dropped by 14 percent year over year and more than 45 percent since As solar prices continue to fall, more businesses in more states turn to solar to cut operating costs. While this report focuses on some of America s largest companies, businesses of all sizes and types, including farms, retailers, manufacturing plants, wineries and office buildings, have chosen solar to power their operations. Since 2010, U.S. businesses have installed solar systems at their facilities more than 32,000 times. 1 For the second straight year, U.S. businesses, non-profits and government organizations added more than 1,000 MW of new PV solar installations. 2 As of mid-2014, there were 4,531 MW of commercial solar PV installed on 41,803 business, non-profit and government locations throughout the U.S. 3 This third edition of Solar Means Business chronicles the continued and growing deployment of the leading commercial solar users in the U.S. For this edition, researchers attempted to contact all Fortune 100 companies, as well as a number of additional businesses with known significant solar portfolios, to gather data. 4 The increased solar adoption by major corporations shown in this report reflects the growth displayed in the overall commercial solar sector over the last year. The 25 companies with the highest total solar capacity as of August 2014 have deployed more than 569 MW at 1,110 different facilities, enough to power 115,000 American homes. This represents growth of 28 percent over last year s Solar Means Business report (445 MW) and is more than double the capacity shown in the 2012 report (279 MW). This growth is occurring in new state markets as well; the companies analyzed in this report have deployed systems in 33 states and Puerto Rico. The same companies that previously installed solar continue to deploy more, reflecting that their earlier investments are good ones. Businesses are going solar because solar is good business. 1 SEIA / GTM Research. Solar Market Insight Q SEIA, What s a Megawatt. 3 SEIA / GTM Research. Solar Market Insight Q Fortune 100,
5 Solar is a Smart Investment American businesses are turning to solar because it s good for their bottom line. For many companies, electricity costs represent a significant operating expense, and solar provides the means to reduce costs and hedge against electricity price increases. MW Annual Commercial PV Capacity Installed (MW) 1,600 $6.50 1,400 $6.00 1,200 $5.50 $5.00 1,000 $ $ $ $ $ $ Actual 2012 Estimated 2013 Avg. Commercial Sys. Price 2014E Source: SEIA/GTM Research Mandalay Bay Resort and Casino, Las Vegas, Nevada. Photo: NRG Energy 4
6 For commercial users, average electricity rates have increased more than 20 percent in ten years, moving from $0.08/kWh to more than $0.10/kWh. 5 With the commercial sector consuming more than 1.3 trillion kilowatt-hours (kwh) each year, this price increase has resulted in tens of billions of dollars in additional utility bills. 6 Not only are costs going up, prices are also becoming more volatile. The winter of showed extreme volatility for many customers in the northeast. 7 Solar allows businesses to mitigate this variance by producing their own electricity with zero fuel costs using on-site generation. This not only reduces the amount of electricity purchased from utilities, it also often lowers demand charges a common fee for commercial consumers Average Commercial Retail Price of Electricity, Monthly Indexed to Jan 2012 as Value (cents per kilowatt hour) Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun Source: EIA Despite the lower system prices and the avoided uncertainty associated with variable fuel costs in traditional generation, the upfront capital costs of solar can be a burden for small- and medium-sized businesses. These companies may not receive as favorable loan terms as some of the large, iconic companies mentioned in this report, leading to underserving of these consumers. Fortunately, we re seeing financial innovations targeted at enabling such businesses to take advantage of the value solar offers. 5 EIA, Average retail price of electricity, quarterly; 8.14c/kWh in Q2 2014, 10.69c/kWh in Q EIA, Retail sales of electricity, annual. 7 EIA, Northeast and Mid-Atlantic power prices react to winter freeze and natural gas constraints. Jan. 21,
7 Perhaps one of the most significant solar financing innovations in recent years is the development of third-party ownership, which has become a dominant force in the solar market. Third-party ownership involves a power purchase agreement or lease where the third party designs, constructs, owns and operates the solar system and then sells electricity produced by the system directly to the customer at reduced rates. This structure allows the customer to forego the upfront capital costs of a solar system while immediately taking advantage of the benefits that solar provides. It is this growth and innovation that is leading solar to become a cheaper and more reliable way to power homes and businesses. For American companies, an investment in solar allows them to reduce energy costs, allocate resources to core business operations, and better plan for the future. Solar really does mean business. Creative Solar Business Opportunities While many businesses have adopted solar to supply their own electricity, some businesses are taking a different approach to putting their rooftops and land to work. Real Estate Investment Trusts (REITs) have been very active in the solar market. These are real estate companies that own property that they traditionally lease to commercial entities. In recent years, companies like ProLogis, Hartz Mountain Industries, General Growth Properties and Kimco have recognized solar energy s ability to transform underutilized land and roof space into an asset. Since these companies do not necessarily use all the power consumed in their facilities directly, they can either use the solar generation to offset their tenant s electricity bills or sell directly to the utility. Still other businesses are putting their capital to work to help deploy solar energy. Honda has created a fund that helps to finance the installation of residential solar for their customers. Companies like Google have created similar funds which help to finance solar development on homes, businesses and even at the world s largest utility-scale solar generating plant, Ivanpah. 8 Real Estate Investment Trusts Deploying Solar Energy Cumulative (kw) # of Installations Prologis 84, Hartz 15, General Growth Properties 6,300 5 Kimco 3, Ivanpah Solar Electric Generating System is the world s largest solar energy project at 377 MW and began operations in Feb
8 IKEA ranks in the top five among U.S. companies investing in solar energy. Photo: IKEA Solar installation at Concept2, the world's leading manufacturer of rowing equipment in Morrisville, VT. Photo: AllEarth Renewables 7
9 Top 25 Companies by Solar Capacity Many of America s largest companies also lead the way in solar deployment. The list below ranks businesses by their total on-site installed solar capacity, or the maximum power potential measured in megawatts. The 2014 rankings show many of the same leading companies as prior years. Notable differences include the 15 MW jump in Walmart s capacity as it continues to dominate the top position. Target also made a big jump up in relative position as it moved from 16 th to 8 th with the addition of 15 new solar systems. Altogether, the Top 25 companies installed more than 569 MW across the country, up from 445 MW last year, an increase of 28 percent. Top 25 by Capacity (MW) Walmart 1 Kohl's 2 Costco 3 Apple 4 IKEA 5 Macy's 6 Johnson & Johnson 7 Target 8 McGraw Hill 9 Staples 10 Campbell's Soup 11 U.S. Foods 12 Bed Bath and Beyond 12 Kaiser Permanente 14 Volkswagen 15 Walgreens 15 Safeway 17 FedEx 18 Intel 19 L'Oreal 20 General Motors 21 Toys "R" US 22 Verizon 23 White Rose Foods 24 Toyota 25 AT&T
10 Breakout Rankings Solar is an attractive investment for companies in a range of industries. The rankings below show the leading solar commercial users by industry sector. While retailers have installed the most capacity, auto manufacturers, pharmaceuticals and food servicers, as well as companies in many other industries, have all looked to solar to lower operating costs. Tech & Telecom Automotive Company Installed Capacity (kw) Company Installed Capacity (kw) Apple 40,730 Volkswagen 10,030 Intel 6, 871 General Motors 6,699 Verizon 5,424 Toyota 4,373 AT&T 4,372 Ford 500 Retail Health & Beauty Company Installed Capacity (kw) Company Installed Capacity (kw) Walmart 105,141 Kohl's 50,205 Johnson & Johnson Kaiser Permanente 17,759 10,275 Costco 48,083 Walgreens 9,992 IKEA 39,084 L'Oreal 6,839 9
11 Top Companies by Number of Installations Companies that have installed solar continue to add more. While energy demands and load profiles vary significantly by company and by facility, companies continue to grow their solar portfolios. Whether they are installing new solar systems or expanding existing systems, companies are adding solar at a faster and faster rate. The list below ranks businesses by the number of their on-site solar installations. The Top 25 companies have installed more than 1,110 individual systems, as solar meets the energy needs of a diverse number of industry leaders throughout the U.S. Top 25 by Number of Installations Walmart 1 Walgreens 2 Kohl's 3 Macy's 4 Target 5 IKEA 6 Staples 7 Safeway 8 Costco 9 REI 10 Lackland Storage 11 General Motors 12 Whole Foods 13 Johnson & Johnson 14 Intel 14 Stop & Shop 16 Kaiser Permanente 17 Bed Bath and Beyond 17 L'OREAL 19 AT&T 19 Lord & Taylor 21 FedEx 22 Anheuser-Busch 22 Verizon 24 JC Penney
12 Top Companies by Geographic Diversity The rest of the U.S. is catching up to the likes of California and New Jersey, the first and second largest state markets for commercial solar. Leaders in those states and others like them have put in place smart, effective policies that have enabled businesses to invest in solar. Solar Means Business 2014 shows that success spreading to new state markets. The Top 25 companies completed solar installations in three new states over the past year. While IKEA continues to have solar installations in the most states, there are a number of new entrants to this ranking, including Anheuser-Busch and Verizon, while Whole Foods also expanded its solar use into new states. In total, 129 million people in 33 states and Puerto Rico live within 20 miles of at least one of the 1,110 commercial solar installations that were analyzed in this report. 11
13 Top Companies by Geographic Diversity IKEA 1 Kohl's 2 Walmart 3 Walmart Supercenter Photo: Walmart REI 4 Whole Foods 5 Walgreens 5 Costco 7 Staples 7 Target 9 Macy s Department Store Photo: Macy s Safeway 9 Verizon 11 Macy's 11 Intel 11 General Motors 11 Anheuser-Busch FedEx Distribution Facility Photo: SunPower 12
14 Commercial Users by Percent of Facilities with Solar Power The table below lists companies in order of the percentage of their facilities that are solar powered. This list provides another comparison for those companies that ranked highly in both installed capacity and number of installations. Note, this list is exclusively populated by companies surveyed for this report and does not include smaller companies that might otherwise be considered to have higher ratios than presented below. Company Percent Solar IKEA 87% GM 43% VF Outdoor 33% Johnson & Johnson 24% REI 21% Costco 17% Kohl's 13% Anheuser-Busch 13% Campbell's Soup 12% Hartz 11% Walmart 5% Macy's 5% Whole Foods 5% Bloomberg 4% Tiffany's 3% Safeway 3% 13
15 Methodology This is the third edition of this report, originally initiated by SEIA and Vote Solar. This year SEIA set out to update its database, with outreach support from The Climate Group. Researchers attempted to contact representatives of all Fortune 100 companies and a number of additional businesses known to have significant solar portfolios, and combed public databases to collect data. While every effort was made to collect complete and accurate data, not every company responded to our data requests and public databases do not capture all commercial installations. It should also be noted that new systems are commissioned every day. Ultimately, SEIA believes this is an accurate portrayal of the leading commercial users of solar energy in the United States as of August This analysis counts only on-site PV systems that supplied power directly to company facilities for the rankings. This does not include utility PV power plants that sell wholesale electricity. While some companies purchase solar renewable energy credits (SRECs) from solar power generated off-site, this report does not consider such transactions due to limitations in data collection and verification. Likewise, SRECs are produced by many on-site PV systems and are sold to utilities or other buyers. While companies that sell their SRECs do not retain the environmental attributes of the system, such systems are still counted for the report. Regardless of a company s decision to retain or sell credits, the decision to deploy an on-site solar installation is an essential step in solar market deployment. If you see an error or omission, please research@seia.org. Please direct all press inquiries to Ken Johnson (kjohnson@seia.org). J.C. Penney Company, Inc., a leading American retailer, is piloting the use of renewable energy by installing solar power systems on nine stores in California and New Jersey. Photo: SunPower 14
16 Grow your business with SEIA. Learn more about SEIA membership today. Contact us at CONNECT WITH US! th Street NW Suite 800 Washington DC
COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) CHARTERED BANK ADMINISTERED INTEREST RATES - PRIME BUSINESS*
COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) 2 Fixed Rates Variable Rates FIXED RATES OF THE PAST 25 YEARS AVERAGE RESIDENTIAL MORTGAGE LENDING RATE - 5 YEAR* (Per cent) Year Jan Feb Mar Apr May Jun
More informationCOMPARISON OF FIXED & VARIABLE RATES (25 YEARS) CHARTERED BANK ADMINISTERED INTEREST RATES - PRIME BUSINESS*
COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) 2 Fixed Rates Variable Rates FIXED RATES OF THE PAST 25 YEARS AVERAGE RESIDENTIAL MORTGAGE LENDING RATE - 5 YEAR* (Per cent) Year Jan Feb Mar Apr May Jun
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 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 informationAT&T Global Network Client for Windows Product Support Matrix January 29, 2015
AT&T Global Network Client for Windows Product Support Matrix January 29, 2015 Product Support Matrix Following is the Product Support Matrix for the AT&T Global Network Client. See the AT&T Global Network
More informationPerspectives on Global Competitiveness in Solar Energy at the U.S Department of Energy
Perspectives on Global Competitiveness in Solar Energy at the U.S Department of Energy 1 Minimum Take-Aways from This Talk Q: How do you pronounce photovoltaic? A: fō-tō-vōlt-a-ic Q: Why is Germany leading
More information3 rd Party Solar Sales April 2012
3 rd Party Solar Sales April 2012 About SolarCity The Leading Solar Service Provider in the U.S. More than 30,000 projects completed or underway Serving thousands of markets nationwide AZ, CA, CO, DC,
More informationMICHIGAN MARKET BRIEF: CORPORATE RENEWABLE ENERGY PURCHASING
ADVANCED ENERGY ECONOMY the business voice of advanced energy MICHIGAN MARKET BRIEF: CORPORATE RENEWABLE ENERGY PURCHASING Based on Analysis by Meister Consultants Group January, 2016 Overview A growing
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 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 informationPEC Illuminating the Future. John D. Hewa Chief Executive Officer Pedernales Electric Cooperative
PEC Illuminating the Future John D. Hewa Chief Executive Officer Pedernales Electric Cooperative Cooperative Facts 900 electric cooperatives serving more than 42 million 75 percent of U.S. land mass Cooperatives
More informationUS Solar Market: Overview of State and Federal Incentives
US Solar Market: Overview of State and Federal Incentives Rhone Resch President Solar Energy Industries Association Solar Energy Industries Association National trade association for solar technology companies
More informationRENEWABLE ENERGY POWERS SILVER STATE AS A CLEAN ENERGY INDUSTRY HUB
RENEWABLE ENERGY POWERS SILVER STATE AS A CLEAN ENERGY INDUSTRY HUB Lydia Ball, Executive Director Clean Energy Project March 2014 With a very special thanks to the Nevada Governor s Office of Energy,
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 informationSTATEMENT OF RHONE RESCH, PRESIDENT & CEO SOLAR ENERGY INDUSTRIES ASSOCIATION
STATEMENT OF RHONE RESCH, PRESIDENT & CEO SOLAR ENERGY INDUSTRIES ASSOCIATION SUBMITTED TO THE HOUSE COMMITTEE ON WAYS AND MEANS SUBCOMMITTEE ON SELECT REVENUE MEASURES AND SUBCOMMITTEE ON OVERSIGHT JOINT
More informationPower Purchase Agreements and Lease Arrangements: Tools to promote Distributed Renewable Energy
Power Purchase Agreements and Lease Arrangements: Tools to promote Distributed Renewable Energy A discussion paper presented to the Center for Renewable Energy Research and Environmental Stewardship Board
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 informationState Clean Energy Fund Support for Renewable Energy Projects
State Clean Energy Fund Support for Renewable Energy Projects Key Findings from the 2009 CESA National Database Project Deployment Results from State Renewable Energy Program Activities: 2009 Annual and
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 informationEMERGING SOLAR STRATEGIES
EMERGING SOLAR STRATEGIES How Innovative Companies are Using Solar to Reduce Energy Costs WHITE PAPER MORE ENERGY. FOR LIFE. EXPANDING SOLAR OPTIONS Photovoltaics and distributed solar generation have
More informationUnique, Powerful Partnership Brings Clean, Renewable Energy to the Denver Housing Authority
CONTACT: Stella L. Madrid I 720.219.9059 Community Affairs Officer smadri@denverhousing.org For Immediate Release: July 19, 2012 Unique, Powerful Partnership Brings Clean, Renewable Energy to the Denver
More informationINVESTING in AMERICAN ENERGY
February 2015 INVESTING in AMERICAN ENERGY POWERING NEW MARKETS: UTILITY-SCALE PHOTOVOLTAIC SOLAR NOTE FROM THE EXECUTIVE DIRECTOR The Department of Energy s Loan Programs Office (LPO) was instrumental
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 informationSOCIAL ENGAGEMENT BENCHMARK REPORT THE SALESFORCE MARKETING CLOUD. Metrics from 3+ Million Twitter* Messages Sent Through Our Platform
THE SALESFORCE MARKETING CLOUD SOCIAL ENGAGEMENT BENCHMARK REPORT Metrics from 3+ Million Twitter* Messages Sent Through Our Platform *All trademarks, service marks, and trade names are the property of
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 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 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 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 Changing Relationship Between the Price of Crude Oil and the Price At the Pump
In 2007, what goes up, does not necessarily come down... May 3, 2007 The Changing Relationship Between the Price of Crude Oil and the Price At the Pump Prepared by: Tim Hamilton Petroleum Industry Consultant
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 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 informationAnalysis One Code Desc. Transaction Amount. Fiscal Period
Analysis One Code Desc Transaction Amount Fiscal Period 57.63 Oct-12 12.13 Oct-12-38.90 Oct-12-773.00 Oct-12-800.00 Oct-12-187.00 Oct-12-82.00 Oct-12-82.00 Oct-12-110.00 Oct-12-1115.25 Oct-12-71.00 Oct-12-41.00
More informationDistributed Energy Resource Options and The Importance of The Electric Power Grid
Distributed Energy Resource Options and The Importance of The Electric Power Grid David K. Owens Executive Vice President Edison Electric Institute National Conference of State Legislatures Webinar on
More informationBright Tucson Community Solar Program
IEI CASE STUDY September 2014 Bright Tucson Community Solar Program Tucson Electric Power s (TEP s) Bright Tucson Community Solar (BTCS) program, launched in 2011, offers most residential and business
More informationRenewable Choice Energy
Catawba College Table of Contents About Renewable Choice The Problem: Electricity Production Today The Solutions: Renewable Energy Sources Renewable Energy Credits (RECs) Who can participate in Renewable
More informationCase 2:08-cv-02463-ABC-E Document 1-4 Filed 04/15/2008 Page 1 of 138. Exhibit 8
Case 2:08-cv-02463-ABC-E Document 1-4 Filed 04/15/2008 Page 1 of 138 Exhibit 8 Case 2:08-cv-02463-ABC-E Document 1-4 Filed 04/15/2008 Page 2 of 138 Domain Name: CELLULARVERISON.COM Updated Date: 12-dec-2007
More informationPresenter: Bruce Clay Clay Energy Fiji
IRENA - Renewable Energy Applications for Island Tourism: The Business Case for PV Systems - Fiji Presenter: Bruce Clay Clay Energy Fiji Page01 The Pacific Page02 Off-Grid Island RE Power 01/ PV/Diesel
More informationSolar 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 informationSolar Finance. NARUC Winter Conference John Stanton, VP Policy & Markets
Solar Finance NARUC Winter Conference John Stanton, VP Policy & Markets Annual U.S. Residential/Commercial Solar Installations (MWs) % of New U.S. Generating Capacity Distributed Generation Solar is Growing
More informationNATIONAL CREDIT UNION SHARE INSURANCE FUND
NATIONAL CREDIT UNION SHARE INSURANCE FUND PRELIMINARY & UNAUDITED FINANCIAL HIGHLIGHTS RENDELL L. JONES CHIEF FINANCIAL OFFICER MANAGEMENT OVERVIEW Balance Sheet Other - Insurance and Guarantee Program
More informationAOBA Utility Committee
AOBA Utility Committee Energy Markets in Tailspin Major Economic Recession Continues to Pull Energy Prices Downward Where Will It End? Presented By Bruce R. Oliver President, Revilo Hill Associates, Inc.
More informationJohn Chaimanis, Co-Founder and Managing Director, Kendall Sustainable Infrastructure (KSI)
John Chaimanis, Co-Founder and Managing Director, Kendall Sustainable Infrastructure (KSI) United States Where do you see opportunities for powerful, effective investing today? Mr. Chaimanis: Energy. Clean,
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 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 informationScott Market Report. Weather Affects Winter Sales
Mar. Apr. 2014 Scott Market Report Weather Affects Winter Sales Sales of real estate through the Outer Banks Association of Realtors MLS system for the last few months has been similar to the last two
More informationThe Outlook for Nuclear Energy In a Competitive Electricity Business
1776 I STREET N.W. SUITE 400 WASHINGTON, D.C. 20006 202.739.8000 The Outlook for Nuclear Energy In a Competitive Electricity Business Executive Summary: Nuclear Units Competitive, Profitable in Deregulated
More informationAPTA Sustainability Conference Los Angeles, California, August 2011 Metro s Green Building and Energy Efficiency Projects
Los Angeles County Metropolitan Transportation Authority APTA Sustainability Conference Los Angeles, California, August 2011 Metro s Green Building and Energy Efficiency Projects Tim Lindholm Director
More informationUtah Associated Municipal Power Systems. Kaysville City May 6, 2014
Utah Associated Municipal Power Systems Kaysville City May 6, 2014 UAMPS Overview An energy services interlocal that provides electric services on a non-profit basis to its members. Organized to develop,
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 informationEnergy Savings from Business Energy Feedback
Energy Savings from Business Energy Feedback Behavior, Energy, and Climate Change Conference 2015 October 21, 2015 Jim Stewart, Ph.D. INTRODUCTION 2 Study Background Xcel Energy runs the Business Energy
More informationBrighter Future: A Study on Solar in K-12 Schools. Wednesday February 4 th 2015
Brighter Future: A Study on Solar in K-12 Schools Wednesday February 4 th 2015 Introduction Released September 18 th, 2014 Produced by The Solar Foundation for the SunShot Solar Outreach Partnership with
More informationBOOST PROFITS WITH SOLAR POWER:
1 BOOST PROFITS WITH SOLAR POWER: 5 Things Every Commercial Property Owner Needs to Know Before Investing in Rooftop Solar WHITEPAPER FEB. 26, 2014 2 TABLE OF CONTENTS Introduction...3 How Rooftops Can
More informationExample of a diesel fuel hedge using recent historical prices
Example of a diesel fuel hedge using recent historical prices Firm A expects to consume 5,, litres of diesel fuel over the next 12 months. Fuel represents a large expense for the firm, and volatile prices
More informationThe Impact of Interest Rates on Real Estate Securities
The Impact of Interest Rates on Real Estate Securities The challenge for real estate securities investors is determining how monetary policy and interest rates affect prices and returns. Highlights Not
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 informationImpacts of Government Jobs in Lake County Oregon
Impacts of Government Jobs in Lake County Oregon April 2011 Prepared by Betty Riley, Executive Director South Central Oregon Economic Development District Annual Average Pay Based on Oregon Labor Market
More informationEnhanced Vessel Traffic Management System Booking Slots Available and Vessels Booked per Day From 12-JAN-2016 To 30-JUN-2017
From -JAN- To -JUN- -JAN- VIRP Page Period Period Period -JAN- 8 -JAN- 8 9 -JAN- 8 8 -JAN- -JAN- -JAN- 8-JAN- 9-JAN- -JAN- -JAN- -JAN- -JAN- -JAN- -JAN- -JAN- -JAN- 8-JAN- 9-JAN- -JAN- -JAN- -FEB- : days
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 informationAre you protected against market risk?
Are you protected against market risk? The Aston Hill Capital Growth Fund provides low volatility access to U.S. equities with a strong focus on downside protection. Since taking over management of the
More informationReacting to the Challenges: Business Strategies for Future Success. Todd S. Adams, Chief Executive Officer Adams Bank & Trust Ogallala, Nebraska
Reacting to the Challenges: Business Strategies for Future Success Todd S. Adams, Chief Executive Officer Adams Bank & Trust Ogallala, Nebraska Adams Bank & Trust Family Owned for 95 Years $525 Million
More informationB O A R D M E E T I N G N a s h v i l l e, T e n n e s s e e November 6, 2014
B O A R D M E E T I N G Nashville, Tennessee November 6, 2014 PRESIDENT S REPORT B i l l J o h n s o n President & CEO Energy Environment Economic Development FY 2014 Overall Performance Safety Record
More informationANALYSIS OF THE ADMINISTRATION S PROPOSED TAX INCENTIVES FOR ENERGY EFFICIENCY AND THE ENVIRONMENT
June 28, 1999 ANALYSIS OF THE ADMINISTRATION S PROPOSED TAX INCENTIVES FOR ENERGY EFFICIENCY AND THE ENVIRONMENT INTRODUCTION A few months ago in the FY 2000 budget the President proposed a $3.6 billion
More informationRooftop 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 informationADB s Rooftop Solar Project. Aiming Zhou Senior Energy Specialist 15-19 June 2015 10 th Asia Clean Energy Forum
ADB s Rooftop Solar Project Aiming Zhou Senior Energy Specialist 15-19 June 2015 10 th Asia Clean Energy Forum 1. Project Summary 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 >27
More informationPV SOLAR RESOURCE GUIDE FOR RURAL DISTRIBUTORS IN TN
April 2013 PV SOLAR RESOURCE GUIDE FOR RURAL DISTRIBUTORS IN TN Asa Roy Introduction The following is paper is designed to be a resource for rural utilities in Tennessee that may not have experience with
More informationPresented July 16, 2015 12:45 PM Solar Breakout Session. Exploring Community Solar. Shannon Fulton StraightUp Solar
Presented July 16, 2015 12:45 PM Solar Breakout Session Exploring Community Solar Shannon Fulton StraightUp Solar Exploring Community Solar Shannon Fulton Director, Illinois Business Development StraightUp
More informationConnecticut Green Bank Energizing Connecticut. Department of Energy and Environmental Protection SIPRAC Meeting October 9, 2014
Connecticut Green Bank Energizing Connecticut Department of Energy and Environmental Protection SIPRAC Meeting October 9, 2014 Why Clean Energy? Economic Development and Environmental Protection 2 Connecticut
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 informationNatural Gas / Electricity and the Industrial Sector. The Dismantling of US Manufacturing
Natural Gas / Electricity and the Industrial Sector The Dismantling of US Manufacturing Paul Cicio President Industrial Energy Consumers of America August, 2007 Who Are Energy Price Sensitive Industries?
More informationPG&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 informationCANADIAN RENEWABLE ENERGY POLICIES. Matthew H. Brown InterEnergy Solutions 2007
CANADIAN RENEWABLE ENERGY POLICIES Matthew H. Brown InterEnergy Solutions 2007 The following offers an overview of Canadian federal and provincial policies that promote renewable energy. It is excerpted
More informationPacket Contents. Page 1 of 9
Private Letter Ruling on the Eligibility of an Individual Panel Owner in an Offsite, Net-Metered Community-Shared Solar Project to Claim the Section 25D Tax Credit The Internal Revenue Service has issued
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 informationFCR The Driver of All Other Metrics
1 At SQM, we measure all major voice of the customer (VoC) metrics, such as customer satisfaction (Csat), ease of effort, net promoter score (NPS) and word of mouth index (WoMI). SQM also measures moments
More informationCommunity Solar Roof Guide
Community Solar Roof Guide Installing a community owned solar roof has become a reality in the UK since the introduction of the Feed-in-Tariff in April 2010, which pays renewable energy generators a premium
More informationON-SITE SOLAR GENERATION AT METRO OPPORTUNITIES & IMPLEMENTATION
ON-SITE SOLAR GENERATION AT METRO OPPORTUNITIES & IMPLEMENTATION CONTENTS Introduction...3 Why go solar?...4 What type of solar is best?...6 Where should solar be developed?...8 Implementation...10 Disclaimer:
More informationWhat s behind the liquidity spread? On-the-run and off-the-run US Treasuries in autumn 1998 1
Craig H Furfine +4 6 28 923 craig.furfine@bis.org Eli M Remolona +4 6 28 844 eli.remolona@bis.org What s behind the liquidity spread? On-the-run and off-the-run US Treasuries in autumn 998 Autumn 998 witnessed
More informationOutline. Seventh Plan Approach to Analysis. CRAC November 13, 2014. Approach for Seventh Plan Background Initial Findings Issues for CRAC Feedback
Rooftop Solar Photovoltaic Seventh Plan Approach to Analysis CRAC November 13, 2014 Outline Approach for Seventh Plan Background Initial Findings Issues for CRAC Feedback 2 1 Why Solar PV at Conservation
More informationUpdate of Financial Incentives for Promoting New and Renewable Energy in the U.S. Cary Bloyd EGNRET-38 Wellington, New Zealand June 18-19, 2012
Update of Financial Incentives for Promoting New and Renewable Energy in the U.S. Cary Bloyd EGNRET-38 Wellington, New Zealand June 18-19, 2012 The U.S. has a wide range of financial mechanisms that support
More information2009-10 Energy Policy for Montana Prepared by Sonja Nowakowski November 2009 Part VI of IX "Reducing regulations that increase ratepayers costs"
2009-10 Energy Policy for Montana Prepared by Sonja Nowakowski November 2009 Part VI of IX "Reducing regulations that increase ratepayers costs" Governor Schweitzer's Energy Policy statement related to
More informationMINNESOTA CLEAN ENERGY ECONOMY PROFILE. How Industry Sectors are Advancing Economic Growth
MINNESOTA CLEAN ENERGY ECONOMY PROFILE How Industry Sectors are Advancing Economic Growth OCTOBER 2014 EXECUTIVE SUMMARY Readily available and reliable energy is critical for the economic vitality, public
More informationZREC, LREC and biomass Projects
Connecticut Green Bank Providing easy access to affordable capital Connecticut Business and Industry Association What s the Deal October 8, 2014 Grid-Tied Incentives 30 MW Grid-Tied Section 127 DEEP CL&P
More informationNatural Gas Diversification Strategy for PREPA GOVERNMENT DEVELOPMENT BANK FOR PUERTO RICO
Natural Gas Diversification Strategy for PREPA GOVERNMENT DEVELOPMENT BANK FOR PUERTO RICO Agenda 1 Importance of Diversifying to Natural Gas 2 Natural Gas Diversification Strategy 2 Currently, Puerto
More informationU.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 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 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 information29 th European Photovoltaic Solar Energy Conference and Exhibition, Amsterdam, the Netherlands, 22 26 September 2014
A BIG DATA APPROACH TO THE SOLAR PV MARKET: DESIGN AND RESULTS OF A PILOT IN THE NETHERLANDS Bhavya Kausika 1, *, Wiep Folkerts 2, Wilfried van Sark 1, Bouke Siebenga 3, Paul Hermans 4 1 Copernicus Institute
More informationPSE&G Solar Loan Program. Going Solar with PSE&G
PSE&G Solar Loan Program Going Solar with PSE&G Solar Energy 101 Solar Energy 101 Benefits Produce some of your own power Conserve energy Eco friendly and renewable Systems are long lasting Require little
More informationCreating State Financing Tools to Make Clean Energy Markets Grow Quickly. Reed Hundt, CEO, Coalition for Green Capital May 2015
Creating State Financing Tools to Make Clean Energy Markets Grow Quickly Reed Hundt, CEO, Coalition for Green Capital May 2015 Table of Contents Introduction to CGC Description of Green Banks Green Bank
More informationSOLAR 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 informationA WIND VISION FOR NEW GROWTH IN TEXAS
A WIND VISION FOR NEW GROWTH IN TEXAS New research shows how expanding wind energy will benefit state economy U.S. Department of Energy Wind Vision report shows potential benefits for Texas with continued
More informationEngrossed Substitute Senate Bill 5373: Professional Employers Organizations A report to the Governor and Legislature December 2010
Engrossed Substitute Senate Bill 5373: Professional Employers Organizations A report to the Governor and Legislature December 2010 Prepared by the Employment Security Department Budget, Performance & Research
More informationInsight Guide. Predictive Power. Leveraging analytics to mitigate property insurance risk
Insight Guide Predictive Power Leveraging analytics to mitigate property insurance risk As the economy, the American public, and the U.S. housing market evolve, property insurance solutions must become
More informationNYC Solar Workshop NYSERDA s Programs
NYC Solar Workshop NYSERDA s Programs Con Edison: The Learning Center Auditorium 4382 Vernon Blvd. Long Island City, NY 11101 April 14, 2014 Peter Savio Frank Mace Where is NY Clean Energy Policy Headed?
More information$0 down pay as you go solar
$0 down pay as you go solar The Proposition Clean energy, from your own roof, that s more affordable than the grid a no brainer! Heading Solar Adoption is on a High Tech Trajectory: US Cell Phone Market
More informationINVENTORY IS YOUR RETAIL HEART Is it healthy? Paul Erickson RMSA Retail Solutions
INVENTORY IS YOUR RETAIL HEART Is it healthy? Paul Erickson RMSA Retail Solutions Customers judge your store everyday Customers are increasingly challenging The customer of today is NOT the customer
More informationStaff Draft Pilot Performance-Based Incentive Program Proposal
Staff Draft Pilot Performance-Based Incentive Program Proposal This paper details a straw man proposal for a pilot performance based incentive (PBI) program to be implemented as part of the Emerging Renewables
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 informationDirect Energy Business Monthly Webinar. Expressly for Channel Partners February 25, 2016
Direct Energy Business Monthly Webinar Expressly for Channel Partners February 25, 2016 Webinar Agenda Tim Bigler, Sr. Market Strategist Commodity Market Update Beau Gjerdingen, Meteorologist Spring weather
More informationPublic Agency Law Group Attorneys At Law
Attorneys At Law West Valley PG&E connection occurred October 4, 2011 Mission College Silicon Valley Power connection occurred November 18, 2011 YUBA COMMUNITY COLLEGE SOLAR ELECTRIC GENERATION TYPES
More information