Zac Perkins Chief Operating Officer. Member interest in renewables 20132015 2.

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Presentation transcript:

Zac Perkins Chief Operating Officer

Member interest in renewables

Our objectives Mitigate risks of rooftop Avoid subsidies Avoid system issues Show Commitment Build visible array Encourage participation Provide Value Affordable option Renewable energy 3

Reasons for community solar now  Provide greater value to our members  Mitigate negative impacts of member-owned distributed generation  Reduction in cost of solar facilities  Improvement in technology  Increased performance  Reduced degradation  Improved reliability  Ability to take advantage of the investment tax credit via arrangements with tax equity partners  Renewable portfolio standards 4

The process Coordination with power supplier Vendor selection Size and configuration of array Board approval Site selection Member program 5

1 MW array 3927panels 400 watts North of new Headquarters Today’s Power Subsidiary of Arkansas Electric Cooperatives $350/panel Residential only initially Option to sell back to co-op 6

Promoting community solar to members 7

More information  Zac Perkins  Sign up for our community solar interest form at 8