Solar Photovoltaic Program Update Program Update Conference Calls Thursday, June 3, 3 p.m. – 4 p.m. Central Friday, June 4, 11 a.m. – 12 noon Central Monday, June 7, 8:30 a.m. – 9:30 a.m. Central (712) 432-1601 Participant Access Code: 898738# *6 to mute/unmute your line You do not need to attend more than one call. All clarifications and answers to questions asked during the calls will be addressed in writing and posted on the program website (www.txreincentives.com/opv/details.php) by June 11, 2010.
Solar PV 2010 Program Changes Effective June 1, 2010 1. 2010 Budget Increases: • $2,500,000 in new incentive funding approved and committed in March 2010. • $6,898,242 in new incentive funding approved May 2010 (moved up from 2011 and 2012 program years). • New funding is evenly split between customer classes ($3,449,121 each for residential and non-residential). 2. New Incentive Levels (Applicable to All New Funding Commitments): • Residential: $2.25/watt-dc • Non-residential: $1.75/watt-dc 3. New Service Provider Limits: • New commitments are offered with service provider caps of 20% within each incentive budget category, consistent with statutory program rules. These caps limit the amount of new incentive funding that can be allocated to a single service provider within each incentive budget category, but do not affect funding already awarded under previous program guidelines, budgets, and applicable caps.
Solar PV 2010 Program Changes Effective June 1, 2010 4. Funding Reservation Period: • The applicable funding reservation period is now 6 months for all projects from the date the funding reservation letter is issued. 5. Commitment Process for Queued Applications: • For applications already submitted but waiting in queue, new funding commitment letters will be issued beginning June 7, 2010 which quote the new incentive level with final commitment contingent upon Service Provider and customer acceptance of terms within 30 days. 6. New Applications: • New funding applications may be submitted starting Monday, June 21, at 12 noon Central time. • Applications received prior to this opening date/time will not be accepted. • Only complete applications submitted via email to opvapps@frontierassoc.com will be accepted. • Approvals may take longer than usual to process due to volume, but we will process them in the order received.
Additional Administrative Details Program Documentation Updates / Web Posting Schedule: • The following documents have been (or will be) updated and will be available on the program website at www.txreincentives.com/opv/details.php on the dates shown below: • Program Guidebook (6/1/2010 version, and redline version comparing the 6/1/2010 version to the previously-posted 11/17/2009 version) – posted 6/3/2010 • New program forms – SPIF, PPAF, and FAF – formatting changed on all these documents, the only substantive change is updated incentive levels on the PPAF – posted 6/3/2010 • This Program Update presentation – posted 6/3/2010 • Responses to questions asked during Program Update conference calls – please submit questions in writing to steve.wiese@cleanenergyassociates.com by close of business on Monday, June 7, 2010 – posted by 6/11/2010 3
Additional Administrative Details Program Budget Updates: • 6/4 program budget update will reflect additional funds available – www.txreincentives.com/opv/status.php • This budget status page is updated every week (by Monday) for all programs. Closing the Program to New Applications: • We plan to close the program to new applications once we have received applications totaling approximately125%-130% of the available new funds
Contact Us Steve Wiese Elisabeth Long Clean Energy Associates Clean Energy Associates (800) 381-6552 x101 (800) 381-6552 x102 steve.wiese@cleanenergyassociates.com elong@cleanenergyassociates.com Anne Castello Cece Hyslop Frontier Associates Clean Energy Associates (512) 372-8778 x127 (800) 381-6552 x103 acastello@frontierassoc.com cece@cleanenergyassociates.com 5
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