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

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Solar Rebate Program

• Background
• Current Solar Funding
• Recommendation
• Communication Plan

Roofless/Community Solar

• RFP Update

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BACKGROUND

The pace of solar activity remains strong in San Antonio

• 10

20 30 40 50 60 70 80 90

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Cumulative MWs (AC)

Solar Adoption

Cumulative MW’s

Customers 11,240 total Capacity 88 MW-AC total Companies 61 registered installers 46 with local offices Employment 700 local jobs*

*Based on employment numbers reported by installers

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• 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)

CURRENT FUNDING

$15 MM in current funding projected to be fully allocated by late March/early April 2018

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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 Incentive $0.08/Watt-AC $0.10/Watt-AC Local Inverter Incentive $0.02/Watt-AC None (Reason: No applications received)

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COST EFFECTIVENESS

Solar Rebate program is highly cost effective while contributing to diverse STEP portfolio

1.0 2.0 3.0

Cost Effectiveness

Residential Home Efficiency Solar Rebates Residential HVAC Weatherization Small Business Solutions Retail Partners (Lighting) C&I Demand Response Bring Your Own Thermostat

** Pending Measurement & Verification *** Solar includes Rebate, SolarHost and Roofless programs

Weatherization, 64 Energy Efficiency, 254 Demand Response, 219 Solar, 93***

STEP MW's Achieved Thru FY18**

(UCT) Utility Cost Test

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BENCHMARKS

$0.00 $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 $3.50 $4.00 $4.50 $5.00 Jan-08 Jan-09 Jan-10 Jan-11 Jan-12 Jan-13 Jan-14 Jan-15 Jan-16 Jan-17 Jan-18

Incentive Levels Offered, $/W-ac

Texas Utilities Residential Solar Incentive Levels

CPS Energy Res Austin Energy Res AEP-TCC Res AEP-TNC Res Oncor Res

$0.60 per Watt solar rebate is consistent with

• ther Texas utility programs

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The proposed timeline for communicating the new solar funding

COMMUNICATION PLAN

Feb 26: Informational update to Board of Trustees March 2: Roll-out to Solar Contractors March/April: New program takes effect at expiration of current funding

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RFP for Community Solar released 1/15/18

ROOFLESS SOLAR

RFP responses due February 26, 2018 Target to award contract by June 2018

• Phase 1 sold out quickly, customer

feedback very positive

• Seeking vendor to build up to

5 MW in CPS Energy territory

• Encouraging innovative approaches

Thank You