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Municipal Solar Energy

Municipal Solar Energy. A new paradigm. Ohio. 4 th largest producer of greenhouse gasses Coal typically fuels about nine-tenths of net electricity generation in Ohio. Price Caps have been removed. AEP Increases.

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Municipal Solar Energy

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  1. Municipal Solar Energy A new paradigm

  2. Ohio • 4th largest producer of greenhouse gasses • Coal typically fuels about nine-tenths of net electricity generation in Ohio. • Price Caps have been removed

  3. AEP Increases • “American Electric Power said Thursday it must raise electricity rates 45 percent over the next three years, to cover soaring coal prices” • Didn’t happen this time…next time?

  4. Costs- What’s Next??

  5. Is there Enough Sun in Ohio? • Each square meter of Ohio receives approximately 1.4 megawatt hours (MWh) of energy • Much more than Germany

  6. Solar PV • Converts solar energy to electricity • Typically between 15-20% efficient • Costs are dropping

  7. Solar PV

  8. Solar Thermal • Uses the suns energy to create heat • Can be used for space heating or hot water • Highly efficient (upwards of 50%) • Cost Effective

  9. Can Solar Help Me? • Protection against runaway utility prices • Save on utility bills • Strong investment • Marketing, brand image • Good for the environment, community and you

  10. ROI calculated by looking at 5 areas: Total costs of the system after rebates and incentives Energy Savings from the system Renewable Energy Credits Tax benefits from accelerated depreciation Increase in property value What value do you place on: Long term fixed costs? Ability to market better with solar? Helping the environment? Making your community a better place? Being a leader? Too Expensive?

  11. Rebates and Incentives • 30 % federal tax credit • State grant up to half of the project cost (size limits apply) • Accelerated Depreciation- 5 years

  12. Renewable Energy Credits • SB 221 set mandates • Utilities can buy REC’s for compliance • This allows you to monetize your energy production

  13. Municipal Solar Financing • Recently added to House Bill1 • Allows municipalities to finance solar projects • City raises money, pays for system and collects money via property tax assessments • Vehicle used is called a Special Improvement District (SID) • City can recoup all finance and administrative costs through assessments

  14. City Benefits • It eliminates the single biggest impediment to solar sales- upfront cost • Creates jobs • Allows cities to actively contribute to helping reduce energy costs for citizens and businesses • Can be an incentive for businesses • Is a tangible and major step towards becoming more green • Creates good press and publicity

  15. Recent Successes • Berkeley, CA (pop: 105,000) • $1.5 million pilot phase sold out in 9 minutes • Palm Desert, CA (pop: 47,000) • Over $7.5 million in approved projects since September • Boulder, CO (pop: 290,000) • Over $5 million in project applications in 1 week • Upper Arlington, OH (pop: 40,874) • ??

  16. Sample Residential 5 kw PV

  17. Sample Residential 10 kw PV

  18. Sample Commercial 30kw PV

  19. ROI for Residential Solar Hot Water

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