1 / 21

Renewable Energy Investment Fund

Renewable Energy Investment Fund. Lori Singleton, Director Emerging Customer Programs Solar, Sustainability & Telecom. Who is SRP?. Established in 1903 105 year steward of the environment Largest water supplier to Valley Third largest public power utility in the Nation

perrin
Download Presentation

Renewable Energy Investment Fund

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. Renewable Energy Investment Fund Lori Singleton, Director Emerging Customer Programs Solar, Sustainability & Telecom National Tribal Forum

  2. Who is SRP? • Established in 1903 • 105 year steward of the environment • Largest water supplier to Valley • Third largest public power utility in the Nation • 950,000 electric customers

  3. Sustainable Portfolio • Established by SRP Board, includes renewable resources and energy efficiency measures • 2004 – Target of 2% of retail sales by 2010 • 2006 – Target of 15% of retail sales by 2025 • 2011 – Target of 20% of retail sales by 2020

  4. Sustainable Portfolio Mix Total 10.21% of Retail Sales

  5. Renewable Energy Investment Fund • An agreement made in 2005 between the Grand Canyon Trust and the owners of the Springerville Generating Station (TEP and SRP). • $5M fund was established for the purpose of funding renewable energy, demand side management, and greenhouse gas sequestration projects. National Tribal Forum

  6. Project Criteria • Benefit Native American communities in northern Arizona and northwestern New Mexico • Have additional revenues committed to supporting the project • Are well planned and likely to be well maintained • Have strong support by community leaders • Create opportunities for training and employing local residents • Create opportunities for sustainable economic development • Strengthen existing or establish new partnerships National Tribal Forum

  7. REIF Partners Diné College, Shiprock and Tsalie Hopi Energy Office Shonto Economic Development Corporation Tolani Lake Enterprises IINA Solutions Inc. Northeastern Arizona Technological Institute for Vocational Education (N.A.T.I.V.E.) Leupp Chapter National Tribal Forum

  8. REIF Partners • Hualapai Tribe • Zuni Public Schools • Saint Michael’s Indian School • Star School • Leupp Schools, Inc • Kinlani Dorm • Moenkopi Legacy Inn • Bird Springs Chapter • Moenkopi Day School • WaikO'Odham Foundation • Salt River Community Housing • Hopi Office of Elderly Service • Wind for Schools • San Carlos Apache Tribe National Tribal Forum

  9. REIF Project Budget • Residential Solar = $1,040,944.06 • Commercial Solar = $1,329,398.09 • Energy Efficiency = $16,980.00 • Residential = $107,947.30 • School = $280,763.52 • Solar Wind = $56,832.70 • Miscellaneous = $1,397,969.40 • Project total ITD= $4,230,835.07 National Tribal Forum

  10. Examples of Projects National Tribal Forum

  11. Request For Proposals National Tribal Forum

  12. National Tribal Forum

  13. National Tribal Forum

  14. Leupp Schools National Tribal Forum

  15. Leupp Schools National Tribal Forum

  16. Residential PV Installation National Tribal Forum

  17. Residential PV Installation National Tribal Forum

  18. Residential PV Installation National Tribal Forum

  19. Residential PV Installation National Tribal Forum

  20. Saint Michael’s Indian School 24kW PV installation National Tribal Forum

  21. Questions? Lori Singleton Director, Emerging Customer Programs Lori.Singleton@srpnet.com 602-236-3323 National Tribal Forum

More Related