Community Solar in Granville May 19, 2013 We are a family of - - PDF document

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Community Solar in Granville May 19, 2013 We are a family of - - PDF document

5/24/13 Community Solar in Granville May 19, 2013 We are a family of initiatives dedicated to sustainable community-building Our triple bottom line Social equity Environmental stewardship Economic growth Our expertise


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Community Solar

in Granville

May 19, 2013

We are a family of initiatives dedicated to sustainable community-building

Our triple bottom line

  • Social equity
  • Environmental stewardship
  • Economic growth

Our expertise

  • Business, finance, and law
  • Managing and financing complex

projects

  • Supporting diverse nonprofits and

mission-driven organizations

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Our Roots in Community Power

2007

LEED for Neighborhood Development Pilot Program

2009

  • Solar America Showcase Award
  • Collaboration with National

Renewable Energy Laboratory

2010

1603 Treasury Program Grants

Finance Meets Fundraising

  • Streamlined
  • Customized
  • Transparent
  • Power Purchase Agreements
  • Solar Loans
  • Peer-to-Peer Lending
  • Local, state & federal Incentives

1603 Grants Targeted Donations Crowd Funding

  • New Market Tax Credits
  • Rebates
  • Solar Renewable Credits
  • Traditional Loans
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Community Solar:

A solar-electric system that provides power and/or financial benefit to multiple community members

  • Production
  • Collective action
  • Education

How Community-based Models Work

Collectively, the co-op invests in a solar array, which is then installed on a host site. The host

  • Pays co-op for energy produced
  • Pays utility for any excess energy

Co-op members

  • Receive payments
  • Offset their energy use
  • Shrink their carbon footprint
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How Community-based Models Work Advantages of Community Solar

Overcomes barriers

  • Raises capital
  • Accesses tax incentives
  • Shares energy among

geographically dispersed

  • wners

Affordable

  • Costs same or less than

individual ownership

  • Offers return on investment
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Advantages of Community Solar

Disperses benefits

  • Many, varied investors

benefit

  • Educational component

benefits schools and students

  • Advocacy component

benefits future generations

Advantages of Community Solar

Inclusive

  • Participants own shares of

community project

  • Welcomes:
  • wners of shady property
  • renters
  • businesses
  • students
  • future community residents
  • residents who may move within 25 years
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Advantages of Community Solar

Influential Challenges large energy users to make corresponding investments Replicable Serves as a model for other communities Educational

Community Solar

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Thank you

Joe Recchie jrecchie@gmail.com solarfornonprofits.com