making “¢ent$” of solar 2014 acma conference rapid fire session

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Making “¢ent$” of Solar 2014 ACMA Conference Rapid Fire Session

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Making “¢ent$” of Solar2014 ACMA Conference Rapid Fire Session

PROBLEM

SOLAR-COVERED PARKING!?• Power Purchase Agreement (PPA)?

• Buy?

• Lease?

• Another option?

USE SAVINGS TO PAY FOR PROJECT!

GUARANTEED ENERGY SAVINGS!• If the savings don’t materialize, the contractor makes

up the difference!

REAP THE BENEFITS OF OVERPRODUCTION!

GSW NOC Public Safety

City Hall Library/Dispatch

0

50000

100000

150000

200000

250000

300000

Solar Project Production to Date

Projected Actual

kW

h

110%

112%

106%

103%

104%

SAVE MONEY & BE GREEN!• Phase 1 is a 1.05 Megawatt

project consisting of 3400 panels

• Phase 2 is a 354 Kilowatt project consisting of 1140 panels

Year 1 kWh

Pounds of CO2

Equivalent

Passenger Vehicles

Homes’ Electricity Use for 1

Year

Phase 11,308,61

8 95 194 128

Phase 2 610,368 88 89 58

Total2,088,72

5 90 283 186

PHASE 1 PROJECTIONS!

PHASE 2 PROJECTIONS!…

HOW MUCH DOES IT COST?

HOW MUCH DOES IT COST?

HOW MUCH DOES IT COST?

Revenue$8,566,4

47

Cost$6,441,0

65

Savings$2,125,3

82

PROVIDES RATE STABILITY!• Cost of solar is largely fixed

(=financing)

• Electricity rates rise every year

6 CITY FACILITIES!

City Hall

Library

PUBLIC SAFETY & PUBLIC WORKS!

GRANDE SPORTS WORLD & FIRE STATION 504

REVIEW• Low Risk

• Fiscally Responsible

• Environmentally Friendly

Use Savings

Reap Benefits

Earlier Pay-Off

Free Electricity

General Fund Flexibility

QUESTIONS?Steven TurnerManagement AnalystCity of Casa Grande(520) [email protected]