1 / 35

Solar for All : Including Renters and Condo Owners

Solar for All : Including Renters and Condo Owners. Bruce Karney July 8, 2009 bkarney@comcast.net. Agenda. What’s the problem? What’s the solution? Why adopting Solar for All is urgent Why solar leasing is critical How homeowners benefit too. What’s the problem?.

Jims
Download Presentation

Solar for All : Including Renters and Condo Owners

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Solar for All: Including Renters and Condo Owners Bruce Karney July 8, 2009 bkarney@comcast.net

  2. Agenda • What’s the problem? • What’s the solution? • Why adopting Solar for All is urgent • Why solar leasing is critical • How homeowners benefit too

  3. What’s the problem? • All residential electricity customers pay into the solar rebate fund • For all practical purposes, only single family homeowners can receive a residential solar rebate

  4. Not a homeowner? Ride back here Solar Bus

  5. Single family homeownersare a minority in California

  6. … but a privileged one • Households earning less than $50,000 • 41% home ownership rate • Households earning $150,000 or more • 87% home ownership rate

  7. Biggest residential CSI rebates • $375,215 for 210 kW in Atherton • $319,188 for 200 kW in Newcastle • $238,358 for 156 kW in Napa • $137,895 for 69 kW in Woodside • $137,216 for 62 kW in Bishop

  8. What’s the solution?

  9. Solar for All • Allow ALL residential customers to offset their bill – just like homeowners already can – with power generated by equipment they own at “solar farms” • Allow solar farm customers the option to lease their equipment – just like homeowners already can • Authorize Remote Net Metering for solar farm customers

  10. Solar farms can be urban or rural

  11. Low-cost “commercial solar” technologies are welcome • Divisible into < 6 kW sub-systems • CSI-eligible Solyndra Cool Earth Lumeta Skyline Solar

  12. What is Remote Net Metering? • Energy consumption measured by one meter • Energy generation measured by another meter • Meters separated by miles, not feet • Generation subtracted from consumption to determine the bill

  13. Example: January The Gomez family used $88 of electricity in their apartment Their portion of the solar farm generated $30 of electricity Their net bill is $58

  14. Example: July They used $65 of electricity Their portion of the solar farm generated $115 of electricity This gives them a credit of $50 for the month

  15. Everything balances over the year Bill Credit

  16. Economies of scale: 4 kW of PV

  17. Better siting improves output

  18. Precedents • Sacramento: SolarShares • City of Alameda: separate meters measure generation and production • SoCal Edison: putting 150 giant PV systems on large commercial roofs • All utility-owned, none customer-owned • MA: Neighborhood Net Metering

  19. Why adopting Solar for Allis urgent

  20. Million solar roofs: 3 programs • CPUC: CSI program $2,167 Million, 1,940 mW, PG&E, SCE & SDG&E territory, existing homes, new & existing commercial, government, agriculture • Publicly Owned Utilities, $784 Million, 700 mW, all systems in POU areas • CEC: NSHP program, $400 Million, 360 mW, IOU territory, new homes • Total: $3,351 Million, 3,000 mW

  21. CSI program • 1/1/2007 – 12/31/2016 7 ½ years left • General Market Program (1,750 mW) • 1,173 mW non-residential (67%) • 578 mW residential (33%) • Low Income Programs (190 mW) • 95 mW Single Family (50%) • 95 mW Multi-family (50%) RNM allowed! • Over half of PG&E residential “General Market” incentives are already paid or reserved

  22. Rebates are going fast SCE SDG&E PG&E 2 3 4 5 6 7 8 9 10

  23. 578 mW = 1 million roofs? • 144,500 at 4 kW per system • About 10 million housing units in CSI territory • 1.5% will benefit from solar rebates • 3% of single family homes • 0% of renters and condo owners

  24. Why solar leasing is critical

  25. Eligibility for 30% tax credit • ITC eligibility for customer-owned equipment at a Solar Farm is questionable • “Qualified solar electric property expenditure" means an expenditure for property which uses solar energy to generate electricity for use in a dwelling unit located in the United States andused as a residence by the taxpayer.

  26. Do any residential systems qualify?Example: 77% of generation is exported! Exported

  27. No uncertainty about leased systems • There are no federal tax issues with the leased version of Solar for All

  28. Solar leasing value proposition $195 per month $30/mo. Savings Lease Payment Old Electric Bill New Electric Bill

  29. Current price for leased solar 50¢ Tier 5 44.1¢ Tier 4 37.9¢ Cents per Kilowatt-hour 25¢ Tier 3 26.0¢ Leased PV today – 21-25 ¢ Tier 2 13.1¢ Tier 1 11.5¢ 100% 200% 300% 400% Percent of Baseline Electricity Usage

  30. Solar for All: Lease PV for 15¢/kWh 50¢ Tier 5 44.1¢ Tier 4 37.9¢ Cents per Kilowatt-hour 25¢ Tier 3 26.0¢ Leased PV at Solar Farm: 15¢ Tier 2 13.1¢ Tier 1 11.5¢ 100% 200% 300% 400% Percent of Baseline Electricity Usage

  31. How homeowners benefit too

  32. Solar for All solves homeowners’ most common concerns • Aesthetics • Worries about roof warranty or leaks • Roof replacement needed soon • Outdated service panel or other “adders” • Too much shade • Roof poorly oriented or pitched • Concerns about roof strength • “What happens when we move?”

  33. What fraction would sign up for Solar for All? 1/5 = 23,400 1/3 = 39,000 1/2 = 58,500 23,400 homeowners have bought PV under the CSI program ~ 117,000 homeowners have gotten a site visit but NOT purchased yet * Assume 1 win per 6 site visits Size of the homeowner market

  34. The future of Solar for All • Assemblyman Paul Fong has agreed to introduce legislation! • Kudos to: Monica Smith and Andrea Graham of his staff • How you can help… • Provide your contact information to Assemblyman Fong’s office: Monica.Smith@asm.ca.gov

  35. Everybody move to the front of the bus! Bruce Karney bkarney@comcast.net 650 450-0332

More Related