Making “¢ent$” of Solar 2014 ACMA Conference Rapid Fire Session.

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Presentation transcript:

Making “¢ent$” of Solar 2014 ACMA Conference Rapid Fire Session

PROBLEM

SOLAR-COVERED PARKING!? Power Purchase Agreement (PPA)? Buy? Lease? Another option?

USE SAVINGS TO PAY FOR PROJECT!

GUARANTEED ENERGY SAVINGS! If the savings don’t materialize, the contractor makes up the difference!

REAP THE BENEFITS OF OVERPRODUCTION! 104%

SAVE MONEY & BE GREEN! Phase 1 is a 1.05 Megawatt project consisting of 3400 panels Phase 2 is a 354 Kilowatt project consisting of 1140 panels Year 1 kWh Pounds of CO2 Equivalent Passenger Vehicles Homes’ Electricity Use for 1 Year Phase 11,308, Phase 2610, Total2,088,

PHASE 1 PROJECTIONS!

PHASE 2 PROJECTIONS! … …

HOW MUCH DOES IT COST?

Revenue $8,566,447 Cost $6,441,065 Savings $2,125,382

PROVIDES RATE STABILITY! Cost of solar is largely fixed (=financing) Electricity rates rise every year

6 CITY FACILITIES! City Hall Library

PUBLIC SAFETY & PUBLIC WORKS!

GRANDE SPORTS WORLD & FIRE STATION 504

REVIEW Low Risk Fiscally Responsible Environmentally Friendly Use Savings Reap Benefits Earlier Pay- Off Free Electricity General Fund Flexibility

QUESTIONS? Steven Turner Management Analyst City of Casa Grande (520)