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UPDATE ON SOLAR PROGRAMS P RE SE NTED BY : Rick Luna Sr. Manager, - PowerPoint PPT Presentation

UPDATE ON SOLAR PROGRAMS P RE SE NTED BY : Rick Luna Sr. Manager, Product Development February 26, 2018 In f orm at ional Updat e AGENDA Solar Rebate Program Background Current Solar Funding Recommendation Communication Plan


  1. UPDATE ON SOLAR PROGRAMS P RE SE NTED BY : Rick Luna Sr. Manager, Product Development February 26, 2018 In f orm at ional Updat e

  2. AGENDA Solar Rebate Program • Background • Current Solar Funding • Recommendation • Communication Plan Roofless/Community Solar • RFP Update 2

  3. BACKGROUND The pace of solar activity remains strong in San Antonio Customers 11,240 total Solar Adoption Capacity 88 MW-AC total 90 Cumulative MW’s Cumulative MWs (AC) 80 Companies 61 registered installers 70 46 with local offices 60 50 Employment 700 local jobs* 40 30 *Based on employment numbers reported by installers 20 10 - 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 3

  4. CURRENT FUNDING 2017 extension added $15 MM • Rebate lowered from $0.80 to $0.60/Watt • Additional $0.10 rebate for local • components: 32% of projects have utilized Mission • Solar panels (eligible for $0.08 incentive) No projects using Kaco inverters • (eligible for $0.02 incentive) $15 MM in current funding projected to be fully allocated by late March/early April 2018 4

  5. RECOMMENDATION There is strong customer interest for solar rebates Current Program New Program Funding $15 MM $15 MM Base Rebate Level $0.60/Watt-AC $0.60/Watt-AC Local Module $0.08/Watt-AC $0.10/Watt-AC Incentive None Local Inverter $0.02/Watt-AC (Reason: No Incentive applications received) 5

  6. COST EFFECTIVENESS Solar Rebate program is highly cost effective while contributing to diverse STEP portfolio STEP MW's Achieved Cost Effectiveness Thru FY18** Residential Home Efficiency Demand (UCT) Utility Cost Test Solar Rebates Response, 3.0 219 Residential HVAC Bring Your Own Thermostat ** Pending Measurement C&I Demand Response Solar, & Verification 93*** Retail Partners (Lighting) *** Solar includes Energy Rebate, SolarHost and 2.0 Roofless programs Efficiency, 254 Weatherization, Small Business Solutions 64 Weatherization 1.0 6

  7. BENCHMARKS $0.60 per Watt solar rebate is consistent with other Texas utility programs Texas Utilities Residential Solar Incentive Levels $5.00 Incentive Levels Offered, $/W-ac CPS Energy Res $4.50 Austin Energy Res $4.00 AEP-TCC Res $3.50 $3.00 AEP-TNC Res $2.50 Oncor Res $2.00 $1.50 $1.00 $0.50 $0.00 Jan-08 Jan-09 Jan-10 Jan-11 Jan-12 Jan-13 Jan-14 Jan-15 Jan-16 Jan-17 Jan-18 7

  8. COMMUNICATION PLAN The proposed timeline for communicating the new solar funding Feb 26 : March 2 : March/April: Informational Roll-out to New program update to Solar Contractors takes effect at Board of Trustees expiration of current funding 8

  9. ROOFLESS SOLAR RFP for Community Solar released 1/15/18 Phase 1 sold out quickly, customer • feedback very positive Seeking vendor to build up to • 5 MW in CPS Energy territory Encouraging innovative approaches • RFP responses due February 26, 2018 Target to award contract by June 2018 9

  10. Thank You

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