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Recap: Municipal Virtual Net Metering
Paul Michaud, Esq. Executive Director Murtha Cullina LLP September 22, 2016
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Agenda What is Municipal Virtual Net Metering?
Why Solar on Closed Landfills? What is the Problem? Next Steps? Town of Stafford - VNM Solar Project
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What is Municipal Virtual Net Metering?
Class I Renewable Resource (e.g., Solar, Fuel Cells) Five Municipal Accounts (e.g. Town Hall, Schools) $10 MM VNM “Credit” Cap of which $4 MM allocated to Municipalities Virtual Net Metering Bill Credit Generation Service Charge (GSC) 100% allocation based on energy produced by the renewable energy system Distribution & Transmission Charges (D&T) 80% allocation – Operational Year 1 60% allocation – Operational Year 2 40% allocation starting on and after Operational Year 3
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What does Municipal Virtual Net Metering Look Like?
Town Hall 50 kW Host 1,000 kW solar array Fire Station 100 kW High School 700 kW Customer Host: - Closed Landfill Beneficial Accounts: - Town Hall - Fire Station - Town Library - Policy Station - High School Police Station 100 kW Town Library 50 kW
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Why Solar on Closed Municipal Landfills?
Otherwise Unusable Land Large & Open Space Remote Location Limited Shading (no trees) Energy Savings for Municipality! 267 Closed Landfills; in 129 Towns City of Hartford – Landfill VNM Solar Project
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What is the Problem? Many municipalities applied to participate, but only a few were approved under the $10 million VNM Program cap Twelve “stranded” municipalities were included in VNM Program thanks to Public Act Town of Woodstock - Landfill VNM Solar Project
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What is the Reason? Solar on Closed Municipal Landfills is very popular with CT Municipalities because: Great use of otherwise unusable land Energy Savings/Price Hedge for Municipalities Municipalities are viewed as good credit risks by solar developers Benefits accrue to the entire Town
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Next Steps? New legislation will be needed to reopen the Municipal VNM Program!
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Thank You!
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