Here Comes the Sun: Satisfying RPS with Solar Interdisciplinary Instigation

Thesis ● Vision: ○Establish SPL as a pioneer in clean electricity generation ● Focus: ○Leverage innovative solutions that realize multidimensional benefits beyond electricity generation alone ● Plan: ○Emphasize solar parking lot canopies (PLC’s)

Roadmap 1.Strategy overview 2.Solar parking lot canopies (PLC’s) a.Advantages of PLC’s – highly visible & multifunctional b.Case studies of successful PLC’s 3.Other high-visibility, multifunctional installations a.Utility poles b.Solar Ivy, Translucent PV windows 4.Diverse funding schemes 5.Proposed regulatory changes

Strategy Overview

Advantages of Solar PLC’s Large Footprint Parking lot~3x size of store rooftop Unique Revenue Streams Reduced Urban Heat Island Effect Energy & Space Efficiency Better air circulation & preexisting space Flexibility Fewer structural, insulating and weather tightness requirements Local Energy Use Reduces peak load High Visibility Influences public opinion Vehicle Cover Shades, cools, protects, and reduces CO2 emissions

Case Studies FedEx Field (2011) Cost: $2.50/watt Installation Time: 3 months

Rutgers University (2011) Total Peak Capacity: 8 MW Footprint: 32 acres

Cincinnati Zoo (2010) Megawatts per acre:.5 Installation Time: 5 months

Tucson International Airport (2012-) Total Peak Capacity: 2.5 MW *Includes green walls

Wal-Mart Rooftop Installation Average Peak Capacity:.42 MW Average Footprint: 2.3 acres

Pioneering Technologies High-Visibility, Multifunctional Installations Benefits of High Visibility Shows PV can be aesthetically appealing Publicizes shopping center’s environmental efforts Education Innovative Solutions ● Utility Poles ● Solar Ivy ● Translucent PV windows

Utility Poles Implemented by PSE&G o First large scale project of its kind (40MW generating capacity) Utility Poles are part of the transmission and distribution network o SPL has right of way to use the poles Infrastructure is already in place o Fewer legislative hurdles High visibility of solar initiative $5.10/Watt is already cost competitive This will likely decrease for future projects now that the technology has been developed

Innovative Solutions ●Translucent PV windows ○Optimize indoor light quality ○Reduce solar heat gain ●Solar Ivy ○Shading ○Advertising platform

Sources of Funding Solar Assets Owned by SPL Crowd Funding Public Benefit Funds SREC Sales Federal Subsidies Leases and Power Purchase Agreements

Reducing Soft Costs Streamline Installation ○Integrated racking ○Module-integrated electronics ○1000V DC current systems Reduce customer acquisition costs ○Aerial imaging and computer modeling for remote bid preparation and system design

Reducing Soft Costs 2

Proposed Regulation Changes ● Critical Peak Pricing ○ Reduce SPL’s premium electricity purchases from RTO ● Altered Net Metering Scheme ○ Distributed generators receive only the retail price of electricity minus T&D costs ● Decoupling ● Reward utilities with RECs for end-use efficiency upgrades

Recap 1.Strategy overview 2.Solar parking lot canopies (PLC’s) a.Advantages of PLC’s – highly visible & multifunctional b.Case studies of successful PLC’s 3.Other high-visibility, multifunctional installations a.Utility poles b.Solar Ivy, Translucent PV windows 4.Diverse funding schemes 5.Proposed regulatory changes

Thank you! Questions?