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Joy Hughes - Open Standards for Community Renewables - Solar 2014
!
Open Standards for
Community Renewables
!
!
!
!
!
Joy Hughes, Solar Gardens Institute
joy@solargardens.org
Joy Hughes - Open Standards for Community Renewables - Solar 2014
Open Standards / Open Source:
A Growing Movement
Open Solar
Outdoor
Test Field
Joy Hughes - Open Standards for Community Renewables - Solar 2014
Shared Solar Cash and Energy Flow
Joy Hughes - Open Standards for Community Renewables - Solar 2014
The Cost of Community Solar
Array Type Cost Per Panel
Cherryland Electric (MI) Utility Direct $395
Colorado Springs - SunShare Third Party $550
Vernon Electric (WI) Third Party $600
Colorado Springs - CEC Third Party $624
Holy Cross (CO) Third Party $725
Connexus Energy (MN) Third Party $950
United Power (CO) Utility Direct $1050
Joy Hughes - Open Standards for Community Renewables - Solar 2014
Opening up Shared Renewables:
Opportunities
• Communications Protocols
!
• Utility Billing Software
!
• Business Structures
!
• Finance models
!
!
!
!
Joy Hughes - Open Standards for Community Renewables - Solar 2014
Benefits of Open Standards
For Shared Renewables
• Lower cost to subscribers
!
• Lower barriers to entry for developers
!
• Less work for utilities and billing software providers
!
• Opens door to community initiated projects
!
• Makes smaller projects possible
Joy Hughes - Open Standards for Community Renewables - Solar 2014
Open Communication Protocol
• Synchronize database between utility and service
provider
!
• Add and cancel subscribers, change subscription
size
!
• Track subscriber moves and other changes
!
• Track system production
!
!
!
Joy Hughes - Open Standards for Community Renewables - Solar 2014
Less Need for Tax Equity
• Warning: I am not a lawyer!
!
• Investment tax credit step down to 10% end 2016
!
• IRS notice 2013-70 - subscribers may claim tax
credit for offsite solar
!
• Example: Kehila Synagogue
Piedmont, CA
Nonprofit finance (Re-Volv)
Nonprofit install (SunWork)
22kW rooftop - $2.80/W
no ITC
Joy Hughes - Open Standards for Community Renewables - Solar 2014
Simplifying Securities Law
• Utility, nonprofit and cooperative exemptions
!
• Direct public offerings (DPOs)
!
• JOBS Act
!
• Avoid need for securities registration
!
The “Howey Test”
!1.investment of money due to
2.an expectation of profits arising from
3.a common enterprise
4.which depends solely on the efforts of a promoter or third party
Joy Hughes - Open Standards for Community Renewables - Solar 2014
!
Thank you!
!
!
!
!
!
Joy Hughes, Solar Gardens Institute
joy@solargardens.org
719-207-3097
!
Visit solargardens.org and join the mailing list

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Joy hughes open standards for shared renewables

  • 1. Joy Hughes - Open Standards for Community Renewables - Solar 2014 ! Open Standards for Community Renewables ! ! ! ! ! Joy Hughes, Solar Gardens Institute joy@solargardens.org
  • 2. Joy Hughes - Open Standards for Community Renewables - Solar 2014 Open Standards / Open Source: A Growing Movement Open Solar Outdoor Test Field
  • 3. Joy Hughes - Open Standards for Community Renewables - Solar 2014 Shared Solar Cash and Energy Flow
  • 4. Joy Hughes - Open Standards for Community Renewables - Solar 2014 The Cost of Community Solar Array Type Cost Per Panel Cherryland Electric (MI) Utility Direct $395 Colorado Springs - SunShare Third Party $550 Vernon Electric (WI) Third Party $600 Colorado Springs - CEC Third Party $624 Holy Cross (CO) Third Party $725 Connexus Energy (MN) Third Party $950 United Power (CO) Utility Direct $1050
  • 5. Joy Hughes - Open Standards for Community Renewables - Solar 2014 Opening up Shared Renewables: Opportunities • Communications Protocols ! • Utility Billing Software ! • Business Structures ! • Finance models ! ! ! !
  • 6. Joy Hughes - Open Standards for Community Renewables - Solar 2014 Benefits of Open Standards For Shared Renewables • Lower cost to subscribers ! • Lower barriers to entry for developers ! • Less work for utilities and billing software providers ! • Opens door to community initiated projects ! • Makes smaller projects possible
  • 7. Joy Hughes - Open Standards for Community Renewables - Solar 2014 Open Communication Protocol • Synchronize database between utility and service provider ! • Add and cancel subscribers, change subscription size ! • Track subscriber moves and other changes ! • Track system production ! ! !
  • 8. Joy Hughes - Open Standards for Community Renewables - Solar 2014 Less Need for Tax Equity • Warning: I am not a lawyer! ! • Investment tax credit step down to 10% end 2016 ! • IRS notice 2013-70 - subscribers may claim tax credit for offsite solar ! • Example: Kehila Synagogue Piedmont, CA Nonprofit finance (Re-Volv) Nonprofit install (SunWork) 22kW rooftop - $2.80/W no ITC
  • 9. Joy Hughes - Open Standards for Community Renewables - Solar 2014 Simplifying Securities Law • Utility, nonprofit and cooperative exemptions ! • Direct public offerings (DPOs) ! • JOBS Act ! • Avoid need for securities registration ! The “Howey Test” !1.investment of money due to 2.an expectation of profits arising from 3.a common enterprise 4.which depends solely on the efforts of a promoter or third party
  • 10. Joy Hughes - Open Standards for Community Renewables - Solar 2014 ! Thank you! ! ! ! ! ! Joy Hughes, Solar Gardens Institute joy@solargardens.org 719-207-3097 ! Visit solargardens.org and join the mailing list