Cooperatively Owned Solar in New Hampshire Presented February 15, - - PowerPoint PPT Presentation

cooperatively owned solar in new hampshire
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Cooperatively Owned Solar in New Hampshire Presented February 15, - - PowerPoint PPT Presentation

Cooperatively Owned Solar in New Hampshire Presented February 15, 2019 NH Energy Efficiency and Sustainable Energy Board Public Utility Commission, Hearing Room A Christa Shute, Charlotte Cohn, David Riley, Cal Brown, Julie Duchas Vermont Law


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Cooperatively Owned Solar in New Hampshire

Vermont Law School Energy Clinic

Christa Shute, Charlotte Cohn, David Riley, Cal Brown, Julie Duchas

Presented February 15, 2019 NH Energy Efficiency and Sustainable Energy Board Public Utility Commission, Hearing Room A

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Who We Are & What We Do

Vermont Law School - Institute for Energy and the Environment Christa Shute - Energy Fellow for Climate Justice, LLM

  • Dave R. - 2nd year JD & Masters of Energy Regulation and Law
  • Charlotte C. - 1st year Masters of Energy Regulation and Law
  • Cal B. - 1st year Masters of Energy Regulation and Law
  • Julie D. - LLM Exchange Student - France

Energy Clinic Services

  • Community Solar Outreach and Education

○ Step-by-Step Guidance through all stages of Community Solar ○ Model Contract Development

  • Policy Research and Development

○ Solar Ownership in VT: Overcoming Barriers to Equitable Access

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Acknowledgements

▪ CE-NH (NHSEA) ▪ ROC-NH / NH Community Loan Fund ▪ Eli Emerson ▪ Revision Energy / Revision Fund ▪ PUC Sustainable Energy Staff ▪ VLS Energy Clinic Students

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What is Cooperative Solar?

▪ Group Net Metered Solar Power that utilizes the Resident-Owned Cooperative (ROC) model ▪ Provides savings to community while also maintaining

  • wnership of RECS to reduce community’s carbon footprint

▪ Community Members receive benefits via reduced living costs ▪ Funded through grants from NH PUC Renewable Energy Fund

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Contract & Cash Flow Model

Solar Array Liberty Utilities Mascoma Meadows Cooperative (Group Host) ReVision Fund

(Owner of Array / PPA) (Administers funds on behalf of MMC)

$$$$ $ $ $ $

PUC 900 Net Metering Credits (Cash payment)

Residents

(Lot Rent Reduction)

Interconnection Agreement

Contracts

PPA / Financing Agreement Group Net Metering Agreement

Administration

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How the Cooperative Solar Model is Unique

▪ Leverages Impact Investors to take advantage of the Federal ITC & Depreciation, which would be otherwise inaccessible to LMI participants ▪ Grant from PUC LMI Program is used to pay down the principal ▪ No financial risk to LMI participants (Power Purchase Agreement takes a percentage

  • f generation revenue)

▪ Members (off-takers) receive their benefits via Lot-Rent Reduction ▪ Host Community has opportunity for the community to purchase the array from Investors starting in year 5 (after ITC has been fully capitalized) ▪ Education opportunities: Brings community together & enhances understanding of energy use and renewable power

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Lebanon, NH 48-unit resident-owned cooperative

Welcome to

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Solar Panel Site

Mascoma Meadows

$168,000 grant

Funded by NH Renewable Energy Fund (Public Utility Commission)

  • 0.5 acres
  • 374 panels
  • 100kw Solar Panel Array
  • $20-$25 Lot rent reduction/month
  • 45 participants / 50 lots
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Every Project Starts with the Board

▪ Meeting with the Mascoma Board of Directors starting in January 2018 ▪ Board Decisions to Engage VLS and Eli Emerson of PPEC ▪ Board Motivates Community Participation

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Nothing Happens Without the Community

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Competitive Project Bidding

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What Community Really Means

▪ When the community decided to invest $25,000 to purchase the land ...

The church donated the land.

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Permitting

▪ Zoning Board ▪ Conservation Commission ▪ Planning Board

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NH Energy Fund: Grant Funding

▪ SB129 legislation made these projects

possible

▪ Our grant request included a formula to

accommodate available funds

▪ Thus the $168,000 award amount

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Energy Efficiency Education and Measures

▪ Two Energy Efficiency Education Sessions per year (must do one) ▪ Lighting and water-flow ▪ Home Energy Audits ▪ Saving Energy makes the solar go farther ▪ Their investment for the lot-rent reduction

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About Mascoma Meadows

▪ Started process in late 2017 / early 2018 ▪ Community Members participated in planning & approving the project ▪ Project Funding provided through NH PUC Grant Program ▪ Members receive benefits via a Lot-Rent Reduction ▪ Also included education on Energy Efficiency practices & benefits

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Mascoma Meadows Progression

Solar site prior to clearing (Sept. 15, 2018) After clearing (Sept. 28, 2018) Building the Array (Oct. 29, 2018)

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Mascoma Meadows Today

Solar Panels Installed (Nov. 7, 2018) Interconnected (December 21, 2018)

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Ribbon-Cutting Ceremony

November 27, 2018 https://www.youtube.com/watch?v=Ve-wwkkyAvI

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What is Next for Mascoma…

▪ Mascoma

  • Earning Money
  • Process for distribution of $$$
  • Cost Benefit Analysis for end of Year 5

▪ Lessons Learned

  • Interconnection Costs
  • Residential vs Retail Rates (Class G)
  • Property Tax Rates vs Exemptions
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What is Next

▪ Helping LMI on ROCs without land ▪ ROCs working Cooperatively… ▪ Host Cooperatives sharing extra solar with a Guest Cooperative

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Theoretical Project Model with Additional LMI Off-takers

Electric Utility Host ROC Solar Costs $$$$ $ $ $ $ Resident-Owners

Interconnection Agreement

Contracts

PPA / Financing Agreement Group Net Metering Agreement

$ Guest ROC $ $ $ Off-Site LMI Off-takers

G r

  • u

p N e t M e t e r i n g A g r e e m e n t

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In Conclusion …

▪ SB129 Legislation truly provides an

  • pportunity for solar ownership to LMI

▪ Long term impacts of ownership and education: environmental and economic

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Thank you! Q & A

What else would you like to know about cooperative solar?

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Contact Information

Energy Clinic, Vermont Law School Institute for Energy and the Environment PO Box 96, 164 Chelsea Street South Royalton, VT 05068 NHCommunitySolar@vermontlaw.edu Christa Shute, Global Energy Fellow for Climate Justice cshute@vermontlaw.edu 802-793-7077