1. Local Energy Solutions: NH Community Supported Solar
Local Energy Solutions:
NH Community Supported Solar
November 19, 2016

2. Solar Industry Context:
PV accounted for largest share of new US electric generating capacity in 2015
Cumulative PV installed in 2010 was 2 GW; in 2015, it was 25GW (!)
Community Solar is relatively new
In 2014, CS was 66 of 6,201 MW installed
Largely dominated by developers who manage projects and retain control/profits
PV accounted for largest share of new US electric generating capacity in 2015 at 29.4%.
Cumulative PV installed in 2010 was 2 GW; in 2015, it was 25GW (!)
Community solar is relatively new- in 2014 it accounted for 66 of the 6,201 MW installed.
Community solar is dominated by developers who manage the (mostly large) projects and retain control and profits.

3. Solar Ownership Options:
Individuals and businesses can buy or lease
Community solar owned by developers and utilities
Most rely on group net metering
Non-profit using charitable fundraising
Community Group Net Metered with shared ownership and shared electricity
Community Supported Solar: Group forms a company to own the PV and sell electricity and eventually the system to a host
Individuals and businesses can buy or lease
Community solar owned by developers and utilities, most rely on group net metering
Non profit using charitable fundraising
Community Group net metered w/ shared ownership and shared electricity
Community Supported Solar where a group forms a company to own the PV and sell electricity and the system eventually to a host

4. Community Supported Solar is:
A locally owned & controlled solar electric (PV) system with multiple participants
A local investment
An option with lower up front cost per person
A hedge against rising energy costs
A clean carbon free power plant
A component of local resiliency
A local jobs opportunity
A source of pride
A locally owned & controlled solar electric (PV) system with multiple participants
A local investment option
An option w/ lower up front $ outlays/person
A hedge against rising energy costs
A clean carbon free power plant
A component of local resiliency
A local jobs opportunity
A source of pride

5. Monadnock Food Co-Op Roof: Before

6. Project History Antioch University NE research: January-May 2014
“Monadnock Community Solar initiative” Steering Committee formed: April 2014
Monadnock Food Co-Op agrees to host: Feb. 2015
Purchase Power Agreement with MFC: April-Oct. 2015
Investor Meeting: May 2015
Bid Process: September-October 2015
Installation: March-May 2016
System Start-Up: May 25, 2016
Antioch UNE research: January- May, 2014
MCSi steering committee formed: April, 2014
MF Co-op agreed to be host: February, 2015
Purchase Power Agreement w/ MFC: April-October, 2015
Investor Meeting: May, 2015
Bid Process: September-October, 2015
Installation: March-May, 2016
System Start up: May 25, 2016

7. Community Power

8. Monadnock Food Co-Op Roof: After

9. Keene Co-op Takeaways
Up to 25 investors (was 10) can own a PV system and get a return before selling to host
The investors need to be accredited and have passive income
We figured out the legal issues and offer templates to make it affordable for others
Investment, tax and energy dollars are retained in the community

10. What’s NEXT?

11. The NH Community Supported Solar Guide offers:
Get Informed
The NH Community Supported Solar Guide offers:
An introduction, overview and potential planning ideas for community solar energy projects;
An explanation of options; and
Guidelines on the advantages and disadvantages of project concepts and strategies.
The NH Community Supported Solar Guide offers: An introduction, overview and potential planning ideas for community solar energy projects;
it explores and explains CS options and provides broad and general guidelines on the advantages and disadvantages of community solar energy project concepts and strategies.

12. Power up The NH Community Supported Solar GUIDE is for groups to:
Get clean power from a PV system on one property and share the power.
Form a new business to own the PV and supply clean electricity, make a
return, then sell the system
to the host.
The NH Community Supported Solar GUIDE is for groups to:
Get their electricity from a PV system on one property by committing their meters to use the clean power. Community Group (shared) Solar
Form a new business to own the PV and supply clean electricity, make a return, then sell the system to the host.

13. NH CSS Guide Support documents:
LLC filing template
Power Purchase Agreement (PPA)
Investor Spreadsheet
Investor Memorandum & Agreement
Project Schedule Spreadsheet
Request for Proposal
Engineering Procurement Contract
Lease Agreement
Investor Presentation
…and Resources/Contacts to learn much more!

14. Unutilized Asset or Clean, local Power ?
$0.00 revenue/year
$ electricity/Year 1
Unutilized Asset or Clean, local Power ?

15. The CARBON FEE & DIVIDEND proposal by Citizens Climate Lobby is achievable and equitable because it distributes the Fee revenue to all households.
Check out Katharine Hayhoe and Global Weirding
A price on carbon is the most effective and efficient way to save our planet from overheating

16. Thank You! www.GreenMonadnock.org
For more information on the NH Community Supported Solar Guide, please visit:

17. C0-op Investor summary
Funds ($90K Investors; w/ Co-op $60 K pre purchased electricity)
PV system
Legal, eng’g, reserve
Year 1:
NH Rebate, FITC,MACRS, -tax on pre purchased electricity, RECs & PPA ($.03/kwh)
NET end Yr 1
Yrs 2-6 MACRs,RECs, PPA, buyout $20K
Net Year 6
-$ 150,000
$ 135,000
$ 15,000
- $44,300
$10,000