1. State of Solar in North Carolina Amy Heinemann March 7, 2012 1

2. http://www.dsireusa.org 2

3. Solar Resource 3

4. Top Solar States – Cumulative Installed Capacity, 2010 DC 1 5 10 4 9 3 6 11 8 7 2 4

5. 2007 – 0.4 MW 2008 – 4.0 MW 2009 – 6.6 MW 2010 – 28.7 MW 332% growth from 2009 to 2010 40 MW installed cumulatively as of end of 2010 Grid-Connected Installed Solar 5

6. September 2011, NC ranked 8 th for cumulative installed PV capacity Over 128 MW of PV systems registered with NCUC and expected to be installed 2006-2011 Solar Project Pipeline 6

7. Solar Installations Across NC Source: NCSEA 7

8. Solar Jobs Source: North Carolina Renewable Energy & Energy Efficiency Industries Census 2011, NCSEA 1,868 as of November 2011 – Total of 228 firms 8

9. Renewable Portfolio Standard with a Solar Carve-Out Net Metering Interconnection Tax Credit and/or Direct Cash Incentive 3 rd Party Power Purchase Agreements Key Solar Policies 9

10. RPS Policies Renewable portfolio standard Renewable portfolio goal www.dsireusa.orgwww.dsireusa.org / January 2012 Solar water heating eligible * † Extra credit for solar or customer-sited renewables Includes non-renewable alternative resources WA: 15% x 2020* CA: 33% x 2020 NV : 25% x 2025* AZ: 15% x 2025 NM: 20% x 2020 (IOUs) 10% x 2020 (co-ops) HI: 40% x 2030 Minimum solar or customer-sited requirement TX: 5,880 MW x 2015 UT: 20% by 2025* CO: 30% by 2020 (IOUs) 10% by 2020 (co-ops & large munis)* MT: 15% x 2015 ND: 10% x 2015 SD: 10% x 2015 IA: 105 MW MN: 25% x 2025 (Xcel: 30% x 2020) MO: 15% x 2021 WI : Varies by utility; ~10% x 2015 statewide MI: 10% & 1,100 MW x 2015* OH : 25% x 2025 † ME: 30% x 2000 New RE: 10% x 2017 NH: 23.8% x 2025 MA: 22.1% x 2020 New RE: 15% x 2020 (+1% annually thereafter) RI: 16% x 2020 CT: 27% x 2020 NY: 29% x 2015 NJ: 20.38% RE x 2021 + 5,316 GWh solar x 2026 PA: ~ 18% x 2021 † MD: 20% x 2022 DE: 25% x 2026* DC: 20% x 2020 NC : 12.5% x 2021 (IOUs) 10% x 2018 (co-ops & munis) VT: (1) RE meets any increase in retail sales x 2012; (2) 20% RE & CHP x 2017 KS: 20% x 2020 OR : 25% x 2025 (large utilities )* 5% - 10% x 2025 (smaller utilities) IL: 25% x 2025 29 states + DC and PR have an RPS (8 states have goals) 29 states + DC and PR have an RPS (8 states have goals) OK: 15% x 2015 PR: 20% x 2035 WV: 25% x 2025* † VA: 15% x 2025* DC IN: 15% x 2025 † 10

11. Billing arrangement between a utility and a customer-generator that allows electricity to flow both to and from the customer. NC received D in Freeing the Grid 2011 Just applies to IOUs 1 MW system cap Must take time-of-use tariff or surrender RECs Net Metering 11

12. Interconnection refers to the issues that must be settled between the system owner and the utility and local permitting authorities before the system is connected to the grid. NC received B in Freeing the Grid 2011 Only applies to IOUs Interconnection 12

13. Corporate and personal 35% of system cost, with $10,500 cap for residential and $2.5 million cap for commercial Cannot exceed 50% of state tax liability Renewable Energy Tax Credit 13

14. Funded by voluntary contributions Payments for electricity generated For systems over 5 kW, bid process For small PV systems under 5 kW, $0.10/kWh plus around $0.04/kWh from utility under power purchase agreement NC GreenPower 14

15. Progress SunSense, commercial and residential PV incentives TVA Generation Partners Program Duke Standard Purchase Offer for RECs TVA – Mid-Sized Renewable Standard Offer Program Utility Incentives 15

16. Cities and counties can’t adopt ordinances preventing solar, but can limit where it is placed Private covenants created after October 1, 2007 can’t prevent solar, but can limit placement Solar Rights Law 16

17. Amy Heinemann Senior Policy Analyst 919.515.5693 amy.heinemann@ncsu.edu http://www.dsireusa.org 17