The Future Energy Jobs Act is fueling rapid growth of the solar industry in Illinois. We are adding 3,000 megawatts of solar power between 2018 and 2030. Cities can benefit by making their communities more solar friendly with solar friendly zoning, encouraging community solar and rooftop solar and helping their residents and business owners capture generous incentives (200 million dollars per year).
Natural group presentation at Solartech 2014 - On Solar Energy Policy in IndiaRitesh Pothan
SolarTech - 22nd and 23rd July, 2014 - Presentation on the various Solar policy needs for India.
Current Issues that Solar can mitigate to a large extent
Huge Gap between Generation and Consumption with high AT&C Losses
Power tariffs held at artificial low, with a widening gap and not in line with actual costs, due to subsidies and freebies
Grid availability poor across most states and infrastructure in need of upgrade
Industry plagued by unreliable power and high costs of running Diesel Gensets
Yearly National AT&C losses at 75,000 Crores and mounting
Discoms still resorting to Load Shedding
Grid too expensive for low density locations coupled with growing rural needs and lifestyle
Poor Discom infrastructure and health unable to support the growing needs of the country
RECs future is hazy without enforcement and 2nd Amendment has no value
Rooftop Subsidies – No MNRE disbursements since Feb 2013, No State Clarity
Solar accounts for Barely 1% of all Electricity Generation
Managing Energy Costs Through Clean, Renewable PowerMDV-SEIA
Jim Cooke, National Facilities Manager for Toyota Motor Sales, U.S.A., Inc. discusses sustainable business and how Toyota's sustainable business practices have helped the company and the world.
This presentation was given December 4, 2009 at the Solar Energy Focus Conference: Fall 2009 hosted by the Maryland, DC, Virginia Solar Energy Industries Association (MDV-SEIA) in Gaithersburg, MD.
To learn more please visit:
www.mdvseia.camp7.org
Solar News from around the world for week 2 of June 2021Rohit Arora
Weekly Solar News updates from around the world.
with world's biggest solar expo event in Shanghai this week,
we have a lot happening in the solar industry.
80+ Solar News from India, China, Australia, USA, Europe, Africa, and much more.
Natural group presentation at Solartech 2014 - On Solar Energy Policy in IndiaRitesh Pothan
SolarTech - 22nd and 23rd July, 2014 - Presentation on the various Solar policy needs for India.
Current Issues that Solar can mitigate to a large extent
Huge Gap between Generation and Consumption with high AT&C Losses
Power tariffs held at artificial low, with a widening gap and not in line with actual costs, due to subsidies and freebies
Grid availability poor across most states and infrastructure in need of upgrade
Industry plagued by unreliable power and high costs of running Diesel Gensets
Yearly National AT&C losses at 75,000 Crores and mounting
Discoms still resorting to Load Shedding
Grid too expensive for low density locations coupled with growing rural needs and lifestyle
Poor Discom infrastructure and health unable to support the growing needs of the country
RECs future is hazy without enforcement and 2nd Amendment has no value
Rooftop Subsidies – No MNRE disbursements since Feb 2013, No State Clarity
Solar accounts for Barely 1% of all Electricity Generation
Managing Energy Costs Through Clean, Renewable PowerMDV-SEIA
Jim Cooke, National Facilities Manager for Toyota Motor Sales, U.S.A., Inc. discusses sustainable business and how Toyota's sustainable business practices have helped the company and the world.
This presentation was given December 4, 2009 at the Solar Energy Focus Conference: Fall 2009 hosted by the Maryland, DC, Virginia Solar Energy Industries Association (MDV-SEIA) in Gaithersburg, MD.
To learn more please visit:
www.mdvseia.camp7.org
Solar News from around the world for week 2 of June 2021Rohit Arora
Weekly Solar News updates from around the world.
with world's biggest solar expo event in Shanghai this week,
we have a lot happening in the solar industry.
80+ Solar News from India, China, Australia, USA, Europe, Africa, and much more.
Engineering creates opportunity from waste Connie Linder
Connie Linder & Tre Trefethen. Published in Business in Vancouver, Mar 5, 2013
Canadian households generate nearly 13 million tonnes of waste every year, more waste per capita than any of our peer countries, even the US. Recycling programs reduce a small portion of garbage that goes into landfills, but the trash keeps piling up and so has the cost of managing that waste: Canadian taxpayers spent a total of $2.6 billion in 2008 on waste management.
Terry Mohn, Chief Innovation Officer, Balance Energy Vice Chairman, GridWise Alliance
Implementing large renewable energy resources: Is storage the solution to renewable generation?
• Deploying carbon reducing technologies such as wind,
solar, geothermal and plug-in vehicles
• Meeting the challenges of storage and transportation of Renewable energies such as wind and solar
• Developing a smarter grid in which users can produce their own power and provide its own localized storage
Bring Solar Home Campaign for DOE Solar America Cities ConferenceSolar San Antonio
An overview of the Bring Solar Home campaign by Solar San Antonio's executive director, Lanny Sinkin, at the DOE's Solar America Cities Conference 2011 in Philadelphia.
The Australian National Energy Market has seen significant increases in the price of electricity. How has this happened in a continent blessed with energy resources?
Energy Transition: Multi-$trillion Ponzi scheme or the biggest tech market ever?Simon Thompson
Background: The conundrum of the oil price
About $100 billion a year is spent by the 5 biggest global oil companies “finding” more oil. Today $300 billion a year is spent on installing renewables like solar and windpower – almost three times what is spent by those oil companies.
But there is no money spent on “finding” new sun, as we already know where the sun is at its brightest. There is also no money spent finding out where it is windiest because we already know.
Oil company valuation
Value = oil price today X assets in the ground minus cost of getting it out
New formula
Value = oil price today (and in the future) X assets in ground minus cost of getting it out of the ground
If oil falls to $30
Value = 20% of oil worth getting out of the ground –value falls by 80%. With debt = worthless
Stop digging for new oil.
If oil falls to $20
Almost zero oil is worth getting out of the ground
So Oil industry = zero less debt - negative
Oil goes to $20 in 2043...
Montecito Community Microgrid Initiative Public MeetingClean Coalition
Craig Lewis, Executive Director for the Clean Coalition, presented at the Montecito Community Microgrid Initiative Public Meeting, which took place November 14, 2018 in Santa Barbara, CA.
Global warming concerns leading to decarbonization is shifting energy from fossil fuels to renewable energy. The slides briefly touch on different ways of decarbonizing & alternative energy resources.
100% Clean, Renewable Energy and Storage for EverythingLeonardo ENERGY
A recording of this webinar is available at https://youtu.be/XmRAxB9MTyU
In this webinar, Mark Jacobson introduces his new book that lays out the science, technology, economics, policy, and social aspects of a transition to 100% clean, renewable energy in order to address climate change, air pollution, and energy insecurity. Considering the EU Green Deal, the US Green New Deal and China’s climate neutrality commitment, this book is a very timely and welcome addition to the transition movement. It is one-of-a-kind:
* It’s both a textbook for students and a briefing for a broader audience of professionals and interested lay persons active in the transition movement
* It provides a focus on a selection of clean, renewable technologies that have been proven to work and can be rapidly deployed
* It includes a concrete plan howto get to 100%, clean, renewable energy and storage for everything.
* It develops energy plans for states and countries while keeping the grid stable.
* It describes practical solutions and the policies needed for those solutions.
'Mark Jacobson’s new book, 100% Clean, Renewable Energy and Storage for Everything, provides the most authoritative look yet at the future of energy beyond fossil fuels. The text is clearly written, authoritative, and thoroughly referenced. This will make a great text book for courses on energy and climate change, but is also a must read for all of us interested in the transition to a renewable future.' - Robert W. Howarth, Cornell University, New York
Connected and Sustainable Energy WhitepaperShane Mitchell
Cities around the world are realizing that energy consumed by buildings and homes is the leading cause of global-warming emissions. This paper presents an overview of emerging solutions for city leaders to reduce electricity consumption, produce greener energy with lower carbon emissions, and improve the reliability of the electric grid.
Community Choice Energy for Policymakers organized by Business for Clean Energy, Joint Venture Silicon Valley, and the Cities Association of Santa Clara County. Hosted by Microsoft.
Engineering creates opportunity from waste Connie Linder
Connie Linder & Tre Trefethen. Published in Business in Vancouver, Mar 5, 2013
Canadian households generate nearly 13 million tonnes of waste every year, more waste per capita than any of our peer countries, even the US. Recycling programs reduce a small portion of garbage that goes into landfills, but the trash keeps piling up and so has the cost of managing that waste: Canadian taxpayers spent a total of $2.6 billion in 2008 on waste management.
Terry Mohn, Chief Innovation Officer, Balance Energy Vice Chairman, GridWise Alliance
Implementing large renewable energy resources: Is storage the solution to renewable generation?
• Deploying carbon reducing technologies such as wind,
solar, geothermal and plug-in vehicles
• Meeting the challenges of storage and transportation of Renewable energies such as wind and solar
• Developing a smarter grid in which users can produce their own power and provide its own localized storage
Bring Solar Home Campaign for DOE Solar America Cities ConferenceSolar San Antonio
An overview of the Bring Solar Home campaign by Solar San Antonio's executive director, Lanny Sinkin, at the DOE's Solar America Cities Conference 2011 in Philadelphia.
The Australian National Energy Market has seen significant increases in the price of electricity. How has this happened in a continent blessed with energy resources?
Energy Transition: Multi-$trillion Ponzi scheme or the biggest tech market ever?Simon Thompson
Background: The conundrum of the oil price
About $100 billion a year is spent by the 5 biggest global oil companies “finding” more oil. Today $300 billion a year is spent on installing renewables like solar and windpower – almost three times what is spent by those oil companies.
But there is no money spent on “finding” new sun, as we already know where the sun is at its brightest. There is also no money spent finding out where it is windiest because we already know.
Oil company valuation
Value = oil price today X assets in the ground minus cost of getting it out
New formula
Value = oil price today (and in the future) X assets in ground minus cost of getting it out of the ground
If oil falls to $30
Value = 20% of oil worth getting out of the ground –value falls by 80%. With debt = worthless
Stop digging for new oil.
If oil falls to $20
Almost zero oil is worth getting out of the ground
So Oil industry = zero less debt - negative
Oil goes to $20 in 2043...
Montecito Community Microgrid Initiative Public MeetingClean Coalition
Craig Lewis, Executive Director for the Clean Coalition, presented at the Montecito Community Microgrid Initiative Public Meeting, which took place November 14, 2018 in Santa Barbara, CA.
Global warming concerns leading to decarbonization is shifting energy from fossil fuels to renewable energy. The slides briefly touch on different ways of decarbonizing & alternative energy resources.
100% Clean, Renewable Energy and Storage for EverythingLeonardo ENERGY
A recording of this webinar is available at https://youtu.be/XmRAxB9MTyU
In this webinar, Mark Jacobson introduces his new book that lays out the science, technology, economics, policy, and social aspects of a transition to 100% clean, renewable energy in order to address climate change, air pollution, and energy insecurity. Considering the EU Green Deal, the US Green New Deal and China’s climate neutrality commitment, this book is a very timely and welcome addition to the transition movement. It is one-of-a-kind:
* It’s both a textbook for students and a briefing for a broader audience of professionals and interested lay persons active in the transition movement
* It provides a focus on a selection of clean, renewable technologies that have been proven to work and can be rapidly deployed
* It includes a concrete plan howto get to 100%, clean, renewable energy and storage for everything.
* It develops energy plans for states and countries while keeping the grid stable.
* It describes practical solutions and the policies needed for those solutions.
'Mark Jacobson’s new book, 100% Clean, Renewable Energy and Storage for Everything, provides the most authoritative look yet at the future of energy beyond fossil fuels. The text is clearly written, authoritative, and thoroughly referenced. This will make a great text book for courses on energy and climate change, but is also a must read for all of us interested in the transition to a renewable future.' - Robert W. Howarth, Cornell University, New York
Connected and Sustainable Energy WhitepaperShane Mitchell
Cities around the world are realizing that energy consumed by buildings and homes is the leading cause of global-warming emissions. This paper presents an overview of emerging solutions for city leaders to reduce electricity consumption, produce greener energy with lower carbon emissions, and improve the reliability of the electric grid.
Community Choice Energy for Policymakers organized by Business for Clean Energy, Joint Venture Silicon Valley, and the Cities Association of Santa Clara County. Hosted by Microsoft.
Today (May 7, 2019) we break down the Illinois Solar Market with Brian Haug, Director of Energy Solutions at Continental Electrical, and Lesley McCain of ISEA (Illinois Solar Energy Association). Haug is the ISEA Board President and has overseen the installation of 75 solar projects totaling 25 MW including the two largest rooftop arrays in the Midwest. The Illinois solar market is now experiencing rapid growth with 666 MW of DG RECs and a total of 2800 MW of solar being installed in the next five years. This is helping Illinois achieve it’s RPS of 25% clean power by 2025.
LABC Solar Fit 4 LA presentation to MVCCSherri Akers
The LABC has made this presentation to the MVCC Green Committee and the following motion will be presented to the MVCC Board on Tuesday night Sept 14th.
The Mar Vista Community Council would like to extend our support to the Los Angeles Business
Council/UCLA’s proposed 600 MW Feed-in Tariff (FiT) program for the City of Los Angeles. We agree that the LABC/UCLA proposed program is an important step that our city can take right now to promote renewable energy in Los Angeles.
The LABC/UCLA Solar FiT program has already attracted the strong support of organizations
representing business, labor, the environment and numerous communities from around the city. We are pleased to join this extensive coalition of supporters because we believe the program offers great environmental and economic benefits for Los Angeles and its residents.
Which Costs Less? A Surprising Comparison of Utility-Scale, Community, and Ro...John Farrell
Electric utilities often misrepresent the cost of solar energy to serve their own profit interests. The truth? Costs are comparable for utility-scale, rooftop, and community solar––and local solar offers benefits aside from clean electricity, from reducing energy burdens for electric customers to providing resilience in the face of natural disaster. State legislatures should create policies to capture the benefits of all sizes and ownership methods of building more solar energy, but should especially work to undo years of utility misdirection by promoting local solar.
Rooftop solar helps you reduce operating expenses for your business. You can reduce your power bill by 50-75% with solar power. Solar pays back by: 1.Producing energy from sunlight; 2.Cash incentives (SRECs and smart inverter incentive) worth 35-90% of the project; 3.Tax incentives (ITC - Investment Tax Credit; 30%); and 4.Accelerated depreciation (20-23%).
To date, most green construction has been geared to commercial structures or affordable housing. An overlooked niche is market-rate single-family homes. While buyers are beginning to ask for green homes or are remodeling existing homes with green features, this type of construction is often overlooked due to economic feasibility. We explore issues relating to making green housing affordable. Even if building a completely green house is not economically feasible, incorporating green elements (materials, site planning, energy rebates) into the project is almost always possible and can help the environment.
Join author Bracken Hendricks from the Apollo Alliance and Tyler Leeds from the Massachusetts Technology Collaborative (MTC) for a discussion of clean energy policy and green building. Mr. Hendricks will discuss his clean energy policy efforts as it relates to green building, the challenges he's faced, and the lessons he's learned in this work. Tyler Leeds will discuss local energy policies and how clean energy is an integral part of local green building projects.
Michael Reese - Electric and Thermal Energy Strategies for Minnesota Swine FarmsJohn Blue
Businesses Decision on Electric and Thermal Energy Strategies for Minnesota Swine Farms - Michael Reese, University of Minnesota, from the 2017 Minnesota Pork Congress, January 17 - 18, 2017, Minneapolis, MN, USA.
More presentations at http://www.swinecast.com/2017-minnesota-pork-congress
Community Solar: Overview of an Emerging Growth MarketScottMadden, Inc.
Community solar is a rapidly emerging model that combines the value of direct customer “ownership” of rooftop solar with the flexibility and economic advantages of utility-scale solar. Successfully implementing a community solar program is not simple and requires a coordinated approach to successfully enter the market. ScottMadden has assisted clients directly with the development and evaluation of community and rooftop solar programs. Our deep understanding of utility businesses has helped us assist in implementing new technologies for utilities from rooftop solar to electric vehicles. Download this report or visit www.scottmadden.com to learn more about the community solar market and our capabilities to help.
About Potato, The scientific name of the plant is Solanum tuberosum (L).Christina Parmionova
The potato is a starchy root vegetable native to the Americas that is consumed as a staple food in many parts of the world. Potatoes are tubers of the plant Solanum tuberosum, a perennial in the nightshade family Solanaceae. Wild potato species can be found from the southern United States to southern Chile
Synopsis (short abstract) In December 2023, the UN General Assembly proclaimed 30 May as the International Day of Potato.
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Preliminary findings _OECD field visits to ten regions in the TSI EU mining r...OECDregions
Preliminary findings from OECD field visits for the project: Enhancing EU Mining Regional Ecosystems to Support the Green Transition and Secure Mineral Raw Materials Supply.
Working with data is a challenge for many organizations. Nonprofits in particular may need to collect and analyze sensitive, incomplete, and/or biased historical data about people. In this talk, Dr. Cori Faklaris of UNC Charlotte provides an overview of current AI capabilities and weaknesses to consider when integrating current AI technologies into the data workflow. The talk is organized around three takeaways: (1) For better or sometimes worse, AI provides you with “infinite interns.” (2) Give people permission & guardrails to learn what works with these “interns” and what doesn’t. (3) Create a roadmap for adding in more AI to assist nonprofit work, along with strategies for bias mitigation.
RFP for Reno's Community Assistance CenterThis Is Reno
Property appraisals completed in May for downtown Reno’s Community Assistance and Triage Centers (CAC) reveal that repairing the buildings to bring them back into service would cost an estimated $10.1 million—nearly four times the amount previously reported by city staff.
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
3. FEJA – Future Energy Jobs Act
üStrengthen renewable portfolio standard (RPS)
üExpand wind and solar energy
üGrow energy efficiency programs
üJob training & clean energy jobs
üSupport low income communities
4. Role of Municipalities
üCapture jobs & economic development
üEngage with SolSmart & Industry Pros
üDevelop solar friendly ordinances
üGreen your facilities
üHost solar projects
5. What’s at Stake?
§$12-$15 Billion in
constructions projects
§Reduce operating
expenses (schools,
municipalities, and
businesses)
§Cleaning & greening
local environment
§Capturing the minds of
young professionals
§Jobs jobs jobs!
6. Municipal Role in Solar Project Development
• Inventory. Create an inventory of
available land and rooftop space
in the community.
• Zoning/Permitting. Adopt
appropriate zoning for utility,
community, and distributed solar.
• Financing. Utilize industrial
development bonds and
enterprise zones to support solar
project development.
• Subscription. Purchase
subscriptions to local or regional
community solar projects for
municipal facilities.
• Hosting. Lease municipal land for
use as a solar project site.
• Short-listing. Create a preferred
developer list for residents and
business to use at their option.
• Enrollment. Facilitate
subscription of local accounts
into local solar projects.
6
Municipal Involvement
Inventory
Financing
Hosting
Enrollment
Zoning /
Permitting
Short-listing
Subscription
Value
Credit: Mark Pruitt, The Power Bureau
7. $12-15 B in Energy Projects
§Rooftop Solar
§Community Solar
§Utility Scale Solar + Wind
§Brownfield & low-income carveouts
11. 119 kW Array
148,750 kWh/yr
$9500 savings/yr
344 Panels:
Ballasted Rooftop,
Carport, and
Awning Design
LEED Silver
Commercial Solar
Clarke Environmental St. Charles, IL | DuPage Co.
12. Small Utility + Community Solar
Ground Mount: Grayslake North + South HS
2.76 MW | Grayslake, IL | Lake Co.
1,400 kW
Ground Mount
32% energy offset
$9.8 M in savings
over 25 years
1,363 kW
Ballasted Roof
13. 20 Acre - 5 MW Solar Farm (UofI)
Utility Scale Solar
University of Illinois – 20 Acres / 5 MW
16. Future Energy Jobs Act:
Clean Energy & Green Jobs for Illinois!
• 1,300 megawatts of new wind and
• 3,000 megawatts of solar power
(power for 1 million homes)
• 4,300 megawatts of new clean energy
(~4 x Clinton Power Station)
17. Future Energy Jobs Act in a Nutshell
• Spur $12 to $15 billion in renewable energy
investment in Illinois
• Restore clean energy funding (RPS)
• Expanded energy efficiency programs:
• 21.5 and 16% reduction in energy use by 2030 in
ComEd/Ameren
• $25 million a year allocated for low-income families
• Nuclear Power Support: $235 M/yr for 10
years
• 1500 jobs
• 2 power plants: Clinton + Quad Cities
18. Future Energy Jobs Act in a Nutshell
• Community & Distributed Generation Solar
• Utility Scale Solar
• Illinois Solar for All:
• Job training for low-income / at risk residents
• Community and non-profit solar for low-income
communities
• Protects Net Metering
19. Community Solar
• Shady rooftops
• Renters, low-income residents and any
organization that just wants solar power but not the
installation of solar panels
• Install central array and feed that power by virtual
net metering to local residents
• Invested more than $750 million in programs for
low-income people, including the Solar for All
Program, which prioritizes new solar development
and job training in economically disadvantaged
communities.
20. Community Solar
• Subscribers must be in the same utility territory
as the community solar array
• Subscriptions must be transferable and portable
within the same utility territory
• No subscriber may own or lease more than 40%
of a project
• Max project size is 2 MW (285 average
residential solar installations of 7 kW)
• Minimum subscription will be 200 W (1/35th the
size of the average residential system)
• Utilities must purchase unsubscribed energy at
avoided cost rate
21. Future Energy Jobs Act
• Creates Long Term Planning Process
• $200M Allotted Annually to Wind + Solar
• Funded by Rate Payers
• Effective June 1, 2017
22. Solar Carve Out - $100 M/yr
Megawatt Goals of the RPS (Future Energy Jobs Act)
2016 2020 2025 2030
Brownfield 32 48 64
Discretionary -
IPA
127 191 254
Small Solar 198 298 397
Community
Solar
198 298 397
Commercial 198 298 397
Utility < 2MW 198 298 397
Utility > 2MW 635 953 1,270
55 1,588 2,382 3,175
23. Growth of Solar in
Illinois
55
1,588
2,382
3,175
0
500
1000
1500
2000
2500
3000
3500
2017 2020 2025 2030
24. Resources
• Illinois Solar Energy Association www.illinoissolar.org
• Metropolitan Mayors Caucus (Edith Makra)
http://mayorscaucus.org/
• Midwest Renewable Energy Association
www.midwestrenew.org
• Solar Foundation
www.thesolarfoundation.org
• Future Energy Jobs Act (FEJA)
SB 99-0906
• Illinois Power Agency (IPA)
www2.illinois.gov/sites/ipa
26. 1. What is Solar PV and Why Now?
2. Recent Projects – what it looks like
3. Return on Investment:
• Energy Savings
• Cash Incentives
• Tax Credits
• Accelerated Depreciation
4. Who Can Benefit from Solar
5. Q&A
Solar Pays Back
27. • Converts Sunlight to Electricity
• Rooftop DC –> AC –> Building Load –> Grid
• Reduces kWh Consumption
• Lowers Operating expenses
• Rooftop, Ground, Building Integrated
Solar PV…since 1954
www.CECCo.com
28. • Energy Bill Savings ………………………….. 20%
• Cash Incentives – SRECs + Smart Inverter.. 40%
• Tax Credits – Federal ITC………………….... 30%
• 100% Bonus Depreciation ……………….… 25%
Cash positive by yr. 5 …….……….. 115%
ROI (Years 1-5 of a project)
Energy, Incentives & Rebates
29. 2.9 GWh production / yr
$249,238 in energy
savings/yr
Payback period: 4 yrs
25 yr IRR 15.6%
Energy Savings – Large Commercial
2.45 megawatts DC
30. Cash Incentive – SRECs + Smart Inverter
• Future Energy Jobs Act – FEJA
• $200 M in incentives per year (~40% of project value)
• Funded by IL utility (ComEd/Ameren) rate payers
• SRECs = performance based incentive (1 MWh = 1 REC)
• Smart Inverter incentive: $250/kW DC
31. Example: Cash Incentives + Energy Savings
Small Commercial PV System (55 kW DC)
Capital Expense ………………………. $137,500
Energy Bill Savings ……………………. $24,062
Cash Incent. / SRECs + Smart Inverter..$66,839
Tax Credits – Federal ITC……………… $41,250
Accelerated Bonus Depreciation ……… $31,763
5 yr. Net Savings ………..... $26,414
25 Year Savings .…..…… $121,681
32. Cash Incentives + Energy Savings
Large Commercial PV System (2,450 kW DC)
Capital Expense …………………….… $4,287,500
Energy Bill Savings …………………….. $918,750
Cash Incent. / SRECs + Smart Invert. $2,022,322
Tax Credits – Federal ITC……………. $1,286,250
Accelerated Bonus Depreciation …….. $ 990,412
5 yr. Net Savings ..…....... $930,234
25 Year Savings …..… $4,832,600
33. • Owner occupied facilities
• Bigger the bill, bigger the benefit
• Rooftop in good condition (less than 10 yr. old)
• New Construction
• Warehouse, factory, low-rise office, schools…
Who Can Benefit?
Commercial Solar
34. • Any resident or business
• Local government, schools, nonprofits
• Passive Income for landowners
Who Can Benefit?
Community Solar