Solar Energy & Creative Financing Can Bring Long-Term Savings - - PowerPoint PPT Presentation

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solar energy creative financing can bring long term

Solar Energy & Creative Financing Can Bring Long-Term Savings - - PowerPoint PPT Presentation

Sep 19, 2023 324 likes •881 views

Solar Energy & Creative Financing Can Bring Long-Term Savings Wednesday, August 27 th , 1:00 p.m. Jay T. McCleary, CPPB City of Red Wing, Minnesota Jay.mccleary@ci.red-wing.mn.us 651-385-3652 City of Red Wings Solar Energy Project Our

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Solar Energy & Creative Financing Can Bring Long-Term Savings

Jay T. McCleary, CPPB City of Red Wing, Minnesota Jay.mccleary@ci.red-wing.mn.us 651-385-3652

Wednesday, August 27th, 1:00 p.m.

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City of Red Wing’s Solar Energy Project

Our Adventure Into the Unknown

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Red Wing, Minnesota , A Mississippi River Town

Located one hour south of Minneapolis/St. Paul Population: 16,500 Industries: Red Wing Shoe Corporate Headquarters, Prairie Island Nuclear Power Plant, Treasure Island Resort & Casino

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What is the easiest way to fight Global Warming?

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What is the easiest way to fight Global Warming?

~~~~~

Co Conver ert t to the e Ce Celsius Sc Scale Fahrenheit C Celsi sius us 70 70° 21 21°

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It was a Joint Effort

These projects came together because of a joint effort between:

Xcel Energy
State of Minnesota
Al

All Ener nergy So Solar

Newport Partners
Staff Members from the City of Red Wing

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This might be something we could do . . .

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This might be something we could do . . . I wonder if it would work at Public Works?

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Met with Michael Allen, President of Al All E Ene nerg rgy S Sol

lar, Inc

Inc.

Everyone was sure that solar energy could reduce the need to buy electricity for the Public Works’ site.

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Met with Michael Allen, President of Al All E Ene nerg rgy S Sol

lar, Inc

Inc.

Everyone was sure that solar energy could reduce the need to buy electricity for the Public Works’ site. The problem was the cost.

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Met with Michael Allen, President of Al All E Ene nerg rgy S Sol

lar, Inc

Inc.

Everyone was sure that solar energy could reduce the need to buy electricity for the Public Works’ site. The Problem was the cost.

40 kW system for this building was estimated at

$350,000

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Contacted again by All ll Ene nerg rgy S Sol

lar, Inc

Inc.

Is the City of Red Wing still interested in doing a solar project at Public Works at no cost to the City?

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Contacted again by All ll Ene nerg rgy S Sol

lar, Inc

Inc.

Is the City of Red Wing still interested in doing a solar project at Public Works at no cost to the City?

Sure!

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Contacted again by All ll Ene nerg rgy S Sol

lar, Inc

Inc.

Is the City of Red Wing still interested in doing a solar project at Public Works at no cost to the City?

Sure!

But what’s the catch?

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Grant Funding through Xcel Energy’s Solar

Rewards Program

Additional Funding through the State of

Minnesota for purchasing technology made in Mountain Iron, MN

Selling Federal Energy Credits and letting

someone else benefit from the accelerated depreciation offered for alternative energy projects through Newport Partners

Funding

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Questions

Is this legal?
Do we have to bid the project?
Is this a sole source possibility?
How would we even start to write a specification

that would cover all of the aspects of this type of project?

Has anyone ever done this before?
Are these solar systems really compatible with

the current electrical system?

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Questions

Is this legal? YES
Do we have to bid the project?
Is this a sole source possibility?
How would we even start to write a specification

that would cover all of the aspects of this type of project?

Has anyone ever done this before?
Are these solar systems really compatible with

the current electrical system?

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Questions

Is this legal? YES
Do we have to bid the project? NO
Is this a sole source possibility?
How would we even start to write a specification

that would cover all of the aspects of this type of project?

Has anyone ever done this before?
Are these solar systems really compatible with

the current electrical system?

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Questions

Is this legal? YES
Do we have to bid the project? NO
Is this a sole source possibility? YES
How would we even start to write a specification

that would cover all of the aspects of this type of project?

Has anyone ever done this before?
Are these solar systems really compatible with

the current electrical system?

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Questions

Is this legal? YES
Do we have to bid the project? NO
Is this a sole source possibility? YES
How would we even start to write a specification

that would cover all of the aspects of this type of project? NO BID REQUIRED

Has anyone ever done this before?
Are these solar systems really compatible with

the current electrical system?

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Questions

Is this legal? YES
Do we have to bid the project? NO
Is this a sole source possibility? YES
How would we even start to write a specification

that would cover all of the aspects of this type of project? NO BID REQUIRED

Has anyone ever done this before? NO
Are these solar systems really compatible with

the current electrical system?

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Questions

Is this legal? YES
Do we have to bid the project? NO
Is this a sole source possibility? YES
How would we even start to write a specification

that would cover all of the aspects of this type of project? NO BID REQUIRED

Has anyone ever done this before? NO
Are these solar systems really compatible with

the current electrical system? YES

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Goals

Save Money Save Energy Education

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Goals

Save Money Save Energy Education

Equal Importance for ALL

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Project Locations Chosen

1. Community Development Building
2. City Hall
3. Fire Station
4. Solid Waste Facility
5. Public Works Building

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Project Locations Chosen

1. Community Development Building
2. City Hall

– 100+ years old, on National Register for Historic Places

3. Fire Station
4. Solid Waste Facility
5. Public Works Building

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Project Locations Chosen

1. Community Development Building
2. City Hall

– 100+ years old, on National Register for Historic Places

3. Fire Station
4. Solid Waste Facility
5. Public Works Building

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Project Locations Chosen

1. Community Development Building

– Structural Integrity Issues – Property Footprint

2. City Hall
3. Fire Station
4. Solid Waste Facility
5. Public Works Building

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Project Locations Chosen

1. Community Development Building
2. City Hall
3. Fire Station
4. Solid Waste Facility
5. Public Works Building

Additional locations possible if using carports

1. City Hall
2. Public Works Maintenance Building

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City Hall Carport Concepts

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Public Works Carport Concept

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Funding for Additional Sites

2012 Grant paid for 100% of the projects

approved

2013, recipients of the Xcel Energy Solar

Rewards Program grant recipients were required to fund 10% of the total cost of the project

– $66,000.00 of the projects’ total cost of $660,000.00

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$$ Dollars & Cents ¢¢

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Red Wing Fire Station

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Solid Waste Facility

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Public Works Bldg./Maint. Shop

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City Hall/Community Dev. Bldg.

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Education

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Awards

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Twin Bluff Water Treatment Facility

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C02 Comparison

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Energy Comparison

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E-Gauge

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E-Gauge

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How C Can an You G u Get et Sta tart rted?

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How C Can an You G u Get et Sta tart rted?

Think

SUN

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State Utility National

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Questions/Comments