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Madison Elementary School District

Madison Elementary School District. Extraordinary Learning for All. Solar Purchase Power Agreement 12/04/12. Energy in Madison. Madison Spent Over $1,300,000 – 11/12 4.4% of Maintenance & Operation Budget Energy Saving Measures Implemented: Lighting HVAC Windows Roofing

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Madison Elementary School District

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  1. Madison Elementary School District Extraordinary Learning for All Solar Purchase Power Agreement 12/04/12

  2. Energy in Madison • Madison Spent Over $1,300,000 – 11/12 • 4.4% of Maintenance & Operation Budget • Energy Saving Measures Implemented: • Lighting • HVAC • Windows • Roofing • Energy Management Systems

  3. APS Incentive Programs • Schools and Government Program • Madison #1 • Park • Rose Lane • Commercial Program • Meadows • District Office • Heights • Rose Lane/Bus Yard

  4. Solar Power Purchase Agreement (PPA) • No ownership cost to Madison • Madison enters into PPA to purchase solar electricity (rates lower than those of APS) • Owner (Tioga Energy): • Develops • Builds • Owns • Operates • Maintains

  5. Energy Savings • 20 Year PPA Term Agreement • $0.08 / kWh • Projected Annual Savings (No rate increase from current provider) • $55,600 • Projected 20 Year Savings • $1,077,103

  6. Solar PPA Terms • Early Purchase Options: • 7th, 10th, and 15th Anniversary – Commercial Operation Date • Fair Market Value • Owner of System receives APS Incentive Credit • $0.123 / kWh –15 year term • $331,000 in annual incentives • Maintenance Agreement

  7. Recommendation • Give authorization to finalize contract for PPA with Sky Engineering • Contract Language

  8. Thank you-

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