1. 1 RELIABILITY AFFORDABILITY ENVIRONMENTAL STEWARDSHIP Bringing Solar to the Community Jennifer Szaro, Orlando Utilities Commission

2. 2 RELIABILITY AFFORDABILITY ENVIRONMENTAL STEWARDSHIP Began serving utility customers in 1923 Provides water and electricity Service population of over 230,000 throughout Orange and Osceola Counties Governed by a 5-member board that includes City of Orlando Mayor Net Available Generating Capacity of 1,743 MW 2nd largest municipal utility in Florida About OUC

3. 3 RELIABILITY AFFORDABILITY ENVIRONMENTAL STEWARDSHIP Reliable AffordableSustainable

4. 4 RELIABILITY AFFORDABILITY ENVIRONMENTAL STEWARDSHIP

5. 5 Solar Production Incentive Provides $0.05/KWH for producing energy from solar PV $.03/KWH for commercial solar thermal 5 year contract term with optional renewals Net metering for PV systems Solar Thermal Rebate Upfront rebate of up to $1,000 for residential hot water Solar Billed Solution Provides no/low interest loans through the Orlando Federal Credit Union (OFCU) for residential solar hot water and PV

6. 6 RELIABILITY AFFORDABILITY ENVIRONMENTAL STEWARDSHIP 2 MW and below Working to automate One-page interconnection 90% of service rating No fee Application Requires permitted system Requires licensed contractor OUC/FSEC visual inspection Inspection Currently $ credit on monthly bill at retail rate No annual true up Moving to KWH credits Operation 6 Net Metering and Interconnection

7. 7 RELIABILITY AFFORDABILITY ENVIRONMENTAL STEWARDSHIP OUC’s Community Solar Farm Model

8. 8 RELIABILITY AFFORDABILITY ENVIRONMENTAL STEWARDSHIP Gardenia Community Solar Program Details 400 KW covered parking array located at OUC’s Gardenia facility Open to residential and small commercial customers PPA rate of $0.18/KWH Customer rate of $.13/KWH OUC bills customer fixed rate for their share of output over 25-year term Project needed be 110% subscribed before construction could begin Project sold out in 6 days with help of press release and earned media Began operation October 2013 111 customers on waiting list (1052 KW)

9. 9 RELIABILITY AFFORDABILITY ENVIRONMENTAL STEWARDSHIP Subscription Process Customer pays initial reservation deposit of $50 at sign up Shares sold in 1- KW increments (15 KW Max) Customers who move within OUC territory may stay on program Initial customer deposit is refunded after 2 years

10. 10 RELIABILITY AFFORDABILITY ENVIRONMENTAL STEWARDSHIP Billing Approach Customers pay $.13/KWH rate on a monthly basis 1 st year estimated production One master meter read monthly (OUC hedges output) Participating customers are billed based on their share of production Customers receive virtual net metering benefits

11. 11 RELIABILITY AFFORDABILITY ENVIRONMENTAL STEWARDSHIP What is Virtual Net Metering? Customer subscribes to share of solar project All energy produced from array goes directly into grid OUC compares customer’s energy usage with energy production of customer’s share of array If customer’s KWH solar share is greater than the customer’s consumption used that month, customer’s bill will be credited for excess energy Customer share of solar farm produces 1,200 KWH

12. 12 RELIABILITY AFFORDABILITY ENVIRONMENTAL STEWARDSHIP Questions? 12