Shared solar for low to moderate income
•
0 gefällt mir•4,705 views
How can we make access to clean renewable energy a human right? Until recently, the majority of residential solar energy systems have been installed for well-off homeowners with sunny roofs. A solar garden is like a community garden - instead of having a patch of vegetables, a customer benefits from a number of panels in a shared array, with power produced credited on the electric bill. Full video: http://herecomessolar.nyc/shared-solar-strategies-for-low-and-moderate-income-lmi-inclusion-in-new-york-state-webinar/ Specific topics: - Review of community solar models for Low to Moderate income (LMI) customers - Community outreach and customer acquisition in LMI communities - The relative benefits of solar ownership versus solar power purchases for LMI customers - The National Community Solar Partnership (White House / Department of Energy) - Recent changes in IRS policy - Upcoming changes to federal tax credits - Securities Law considerations - Common challenges and hurdles Presented in cooperation with Solar One, New York City
Empfohlen
Empfohlen
Weitere ähnliche Inhalte
Andere mochten auch
Andere mochten auch (7)
Mehr von Joy Hughes
Kürzlich hochgeladen
Kürzlich hochgeladen (20)
Shared solar for low to moderate income
- 1. Joy Hughes - NY Shared Solar Strategies for Inclusion (Solar One 4 Dec 2015) ! Community Shared Solar Strategies for Inclusion ! ! ! ! ! ! Joy Hughes, Solar Gardens Institute joy@solargardens.org
- 2. Joy Hughes - NY Shared Solar Strategies for Inclusion (Solar One 4 Dec 2015) • Community Garden Metaphor - “Like a community garden, except you get a patch of panels instead of a patch of vegetables.” ! • Subscription model - Anyone can participate - multi-unit, renters, affordable housing, shaded locations, and historic districts. ! • Off-Site Subscribers can be located anywhere in utility service territory. • Distributed Generation – Small to mid-size system connects to local power lines or substation. • Virtual Net Metering – Credit directly on the subscribers bill for subscriber’s portion of the array. ! ! Community Shared Solar A “Solar Garden”
- 3. Joy Hughes - NY Shared Solar Strategies for Inclusion (Solar One 4 Dec 2015) Solar Gardens Cash and Energy Flow Incentive Subscriber Utility Solar Garden CreditonBill Panel Purchase Money Energy Energy Energy
- 4. Joy Hughes - NY Shared Solar Strategies for Inclusion (Solar One 4 Dec 2015) Size and Location Small: Vermont! 2 Subscribers (Ben and Jerry) on Ben’s Guest House Large: San Francisco! Valencia Gardens HUD Housing 260 Units Host Sites Rooftop! Schools, Apartment Buildings, Warehouses, Storage Units Ground-Mount! Brownfields, Water Treatment Plants, Airports, Parking Lots
- 5. Joy Hughes - NY Shared Solar Strategies for Inclusion (Solar One 4 Dec 2015) Solar Gardens Institute solargardens.org Mission: ! • To educate and learn from the public about community solar energy. ! • To promote community solar energy policy at the federal level and in each state ! • To assist local organizations in organizing, developing, and managing community-owned solar energy projects everywhere. ! • To make affordable solar energy available for all humanity ! ! !
- 6. Joy Hughes - NY Shared Solar Strategies for Inclusion (Solar One 4 Dec 2015) ! Solar Gardeners ! Every project has a champion ! Both community organizer and project manager ! Steep learning curve - how do we accelerate this process? Ellensburg Community Renewables Park
- 7. Joy Hughes - NY Shared Solar Strategies for Inclusion (Solar One 4 Dec 2015) ! National Community Solar Partnership ! ! 68 Partners and growing - states, utilities, developers, nonprofits, banks, universities ! Focus on LMI - over $500 million in commitments White House, DOE SunShot, USDA, HUD, EPA
- 8. Joy Hughes - NY Shared Solar Strategies for Inclusion (Solar One 4 Dec 2015) Clarifying Questions! ! ! (5 minutes)
- 9. Joy Hughes - NY Shared Solar Strategies for Inclusion (Solar One 4 Dec 2015) Investment Tax Credit Expiration • Disclaimer: I am not a lawyer! ! • Federal tax credit 30% -> 10% end 2016 ! • IRS notice 2013-70 - subscribers may claim tax credit for offsite solar ! • Case Study: Kehila Synagogue, CA Nonprofit finance (Re-Volv) Nonprofit install (SunWork) Energy Savings
- 10. Joy Hughes - NY Shared Solar Strategies for Inclusion (Solar One 4 Dec 2015) Securities Law ! ! ! 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 ! Strategies! • Utility, nonprofit and cooperative exemptions ! • Direct public offerings (DPOs) ! • JOBS Act ! • Municipal Bonds ! ! !
- 11. Joy Hughes - NY Shared Solar Strategies for Inclusion (Solar One 4 Dec 2015) Concerns for Low-Moderate Income and People of Color • Under-representation in solar market ! • Renting - split incentive ! • Credit rating system ! • History of Exploitation - Environmental Justice ! • Affordability !
- 12. Joy Hughes - NY Shared Solar Strategies for Inclusion (Solar One 4 Dec 2015) • Renting - split incentive - Solar Gardens for renters! ! • Under-representation in solar market - Extra share of Solar Gardens! ! • Credit rating system - “Energy Rating” + loan guarantees! ! • History of Exploitation - Environmental Justice - Energy Democracy + local leader involvement! ! • Affordability - 10-20% or more savings needed for subscriber! ! Solutions for Low-Moderate Income and People of Color
- 13. Joy Hughes - NY Shared Solar Strategies for Inclusion (Solar One 4 Dec 2015) Cooperatives • Solution to Securities, Tax issues (Case Study: Co-op Power, MA) ! • LMI Solution - member to member micro-loans ! • “Energy Democracy” ! !
- 14. Joy Hughes - NY Shared Solar Strategies for Inclusion (Solar One 4 Dec 2015) Nonprofits • Grid Alternatives - Large donations and grants provide free power for affordable housing using volunteer labor (Case Study: Grand Valley Power Solar Garden, CO - 8 Households) ! • Re-Volv - Revolving loan fund seeded with crowdfunding (CA) ! • Solstice Initiative - Subscriber marketing (MA) ! !
- 15. Joy Hughes - NY Shared Solar Strategies for Inclusion (Solar One 4 Dec 2015) Direct Public Offerings (For-Profit) • Up to $5 million securities offering within a single state ! • Cutting-Edge Capital provides technical assistance ! • Case Study - SunSpeed Electric Vehicle Charging (CA) ! • Case Study - Solar Mosaic “Old” model (2012-2013) 1500 investors in community projects, $2.3 million ! ! ! !
- 16. Joy Hughes - NY Shared Solar Strategies for Inclusion (Solar One 4 Dec 2015) Open Standards / Open Source: A Growing Movement Open Solar Outdoor Test Field
- 17. Joy Hughes - NY Shared Solar Strategies for Inclusion (Solar One 4 Dec 2015) 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
- 18. Joy Hughes - NY Shared Solar Strategies for Inclusion (Solar One 4 Dec 2015) ! Thank you! ! ! ! ! ! Joy Hughes, Solar Gardens Institute joy@solargardens.org 719-207-3097 ! Visit solargardens.org and join the mailing list