Municipal Solar: Taking the lead on a growing renewable movement. Presented by Greg Winks & Will Brown Solbridge Energy Advisors GREG INTRO 15s
CHANGING THE WAY YOU GO SOLAR! -Independent consulting and brokerage for solar & renewables -We do NOT manufacture, install, or sell solar equipment -We DO work with end users (home & business owners, municipalities, etc.) TO: -Identify client goals and objectives -Determine technical and financial capabilities -Represent client to broad marketplace of design & installation companies -Independent consulting and brokerage for solar & renewable projects -We do NOT manufacture, install, or sell solar equipment -We DO work with & for YOU (interested end users & decision makers) to: -Identify goals & objectives (for your home, business, municipality, etc.) -Explain technical and financial capabilities, including savings & payback -Represent YOU to a broad marketplace of design & installation companies WILL 15s
Solar is a perfectly viable strategy that works anywhere in the Does Solar Work in Pennsylvania? YES! Solar is a perfectly viable strategy that works anywhere in the United States. WILL 30s
The Growth of Solar Nationwide Statewide -Annual national growth rate of 59% over the past decade -Over 1.9 million solar installations -Enough to power 12M homes -A new solar project was installed every 100 seconds -Over 250,000 Americans employed in the solar industry -9.6% solar job growth in 2017 -vs. 1% overall job growth -420 MW of solar installed -Enough to power 51K homes -Grid parity has been reached -4,200 Pennsylvanians employed in the industry GREG 1m PA lagging in muni solar, fragmented gov’t SEIA: Solar Energy Industries Association
There has never been a better time to invest in solar. WILL 15s Not just investing money in solar panels, but investing time and consideration in crafting zoning ordinances and energy plans for your municipalities.
Many Benefits of Going Solar: Fiscal & Economic -Cost Savings -Price Protection -Economic Development Safety, Health & Social -Energy Security/Independence -Cleaner Air, Water & Environment -Educational Opportunities Solar offsets more than 73M metric tons of CO2 emissions per year, equivalent to taking 15.6M vehicles off the road or planting 1.2M trees. It is not a question of if, but rather when individuals and communities will go solar and realize these benefits. WILL 1m
Borough of Forest Hills Municipal Building GREG 10s
Millvale Community Library Greg 10s
Monaca Water Reservoir Greg 10s
Solar Financing Cash Purchase Best value (when possible) 30% federal tax credit Adds value to property Pays back over time Loan Lines of Credit/Loans/Bonds 30% federal tax credit Adds value to property Maintains cashflow Third Party Power Purchase Agreement (PPA) No upfront cost, no maintenance costs Long-term ownership possible No tax advantages
Municipal Solar Financing -Challenge: Municipalities unable to take advantage of tax credits -Solution: Third party financing & ownership via “tax equity investor” -Power Purchase Agreement (PPA) contracts can include: -No upfront cost -Savings starting in year 1 -Long-term price guarantees -Options for long-term ownership GREG 1m
Municipal Solar Initiative (MSI) The MSI is a collaborative effort to achieve widespread municipal energy independence, financial security and community health through solar energy development. WILL 30s
The Municipal Solar Synergy! Ideal End-User: Ideal Vehicle: Municipalities COGs -Consistent energy demand -Interest in community health -Interest in fiscal sustainability -Capacity for leadership (Cannot reap tax benefits) -Collaboration -Aggregation -Serve as managing body -Create economies of scale (Attract outside investment) WILL 1m
Make Your Muni Solar-Friendly! Areas to Consider -Permitting -Planning & Zoning -Inspection -Construction Codes -Solar Rights -Utility & Community Engagement Initiatives/Resources -SunShot (DOE) -SolSmart (DOE) -Solar Zoning Best Practices (NREL) -Planning for Solar Energy (APA) -Zoning & Permitting Guidelines (PennFuture, SUNWPA) -Utility Scale Development Recommendations (SEIA) GREG 1m
Please Participate in The Municipal Solar Initiative Survey! www.qvcog.org/municipal-solar-initiative Survey Hosted by: Quaker Valley Council of Governments Today’s Presenters: Greg Winks & Will Brown Solbridge Energy Advisors info@SolbridgeEA.com (412) 901-6766