Solar Program...2016/07/14 · ® 27.4GW of installed solar capacity – Over 1M individual...
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Solar Program Helping You Invest in a Solar Future
Solar Program...2016/07/14 · ® 27.4GW of installed solar capacity – Over 1M individual installations as of Feb. 2016 – Enough to power 5.5M homes – Residential is fastest
To promote a reliable, efficient and diversified portfolio of solar generation
resources to Santee Cooper's residential and non-residential retail customers
®U.S. Solar Industry
27.4GW of installed solar capacity– Over 1M individual installations as of Feb. 2016– Enough to power 5.5M homes– Residential is fastest growing sector
7.26GW installed in 2015– 16% growth over 2014– Record year for solar– 2016 expected to grow
100%
209,000 employed in solar industry– 10% are U.S. Veterans
Presenter
Presentation Notes
Talking Point: From our understanding, Residential customers may not be issued a 1099 Form; However, non-Residential customers may receive a 1099 Form (Income Tax reporting) The below information is for reference only (and is sourced from the current DG rider): Residential: Customers can install and subscribe up to 20kW through Solar Home and Solar Share Home programs respectively Non-Residential: Customers can install and subscribe up to 1000kW through Solar Business and Solar Share Business programs respectively Talking about the Distributed Generation is not in our scope. We can refer them to Santee Cooper, but not have anything formal out there.
®U.S. Solar Industry
Presenter
Presentation Notes
Talking Point: From our understanding, Residential customers may not be issued a 1099 Form; However, non-Residential customers may receive a 1099 Form (Income Tax reporting) The below information is for reference only (and is sourced from the current DG rider): Residential: Customers can install and subscribe up to 20kW through Solar Home and Solar Share Home programs respectively Non-Residential: Customers can install and subscribe up to 1000kW through Solar Business and Solar Share Business programs respectively Talking about the Distributed Generation is not in our scope. We can refer them to Santee Cooper, but not have anything formal out there.
®Corporate Demand Increasing
Presenter
Presentation Notes
Talking Point: From our understanding, Residential customers may not be issued a 1099 Form; However, non-Residential customers may receive a 1099 Form (Income Tax reporting) The below information is for reference only (and is sourced from the current DG rider): Residential: Customers can install and subscribe up to 20kW through Solar Home and Solar Share Home programs respectively Non-Residential: Customers can install and subscribe up to 1000kW through Solar Business and Solar Share Business programs respectively Talking about the Distributed Generation is not in our scope. We can refer them to Santee Cooper, but not have anything formal out there.
®S. Carolina Solar Industry
15MW of installed solar capacity– Ranked 35th in nation– Enough to power 1,600 homes– 3W installed in 2015 – 35th in nation
S.C. Utilities just rolled out solar programs in 2016– More than 15MW of residential and commercial
solar projects contracted already thru May• More than 100MW of non-Utility planned thru 2021
– 25% state income tax credit + utility programs has S.C. projected as next hot market for solar
• Already seeing influx of solar companies moving into state
Presenter
Presentation Notes
Talking Point: From our understanding, Residential customers may not be issued a 1099 Form; However, non-Residential customers may receive a 1099 Form (Income Tax reporting) The below information is for reference only (and is sourced from the current DG rider): Residential: Customers can install and subscribe up to 20kW through Solar Home and Solar Share Home programs respectively Non-Residential: Customers can install and subscribe up to 1000kW through Solar Business and Solar Share Business programs respectively Talking about the Distributed Generation is not in our scope. We can refer them to Santee Cooper, but not have anything formal out there.
®Electron Flow
Presenter
Presentation Notes
Talking Point: From our understanding, Residential customers may not be issued a 1099 Form; However, non-Residential customers may receive a 1099 Form (Income Tax reporting) The below information is for reference only (and is sourced from the current DG rider): Residential: Customers can install and subscribe up to 20kW through Solar Home and Solar Share Home programs respectively Non-Residential: Customers can install and subscribe up to 1000kW through Solar Business and Solar Share Business programs respectively Talking about the Distributed Generation is not in our scope. We can refer them to Santee Cooper, but not have anything formal out there.
®Solar PV Equipment
Solar PV modules (panels)• Typically 60 cell or 72 cell
• Typically add 3.25-3.5lbs./ft²– Does not exceed snow load
requirement for most roofs
Presenter
Presentation Notes
Talking points: For Homes and Businesses that cannot install solar for various reasons, Solar Share program can help. All other credits and charges conform to the DG Rider
®Solar PV Equipment
Inverters• Convert DC to AC• Anti-islanding capabilities
• String inverters– 3kW – 1.6MW output
• Microinverters– 215watts – 280watts
• Power optimizers– Up to 400watts for single phase and 700watts for 3 phase
Presenter
Presentation Notes
Talking points: For Homes and Businesses that cannot install solar for various reasons, Solar Share program can help. All other credits and charges conform to the DG Rider
®Solar PV Equipment
Presenter
Presentation Notes
Talking points: For Homes and Businesses that cannot install solar for various reasons, Solar Share program can help. All other credits and charges conform to the DG Rider
®Solar PV Equipment
Presenter
Presentation Notes
Talking points: For Homes and Businesses that cannot install solar for various reasons, Solar Share program can help. All other credits and charges conform to the DG Rider
®Solar PV Equipment
Presenter
Presentation Notes
Talking points: For Homes and Businesses that cannot install solar for various reasons, Solar Share program can help. All other credits and charges conform to the DG Rider
®Solar PV Equipment
Presenter
Presentation Notes
Talking points: For Homes and Businesses that cannot install solar for various reasons, Solar Share program can help. All other credits and charges conform to the DG Rider
®Solar PV Equipment
Presenter
Presentation Notes
Talking points: For Homes and Businesses that cannot install solar for various reasons, Solar Share program can help. All other credits and charges conform to the DG Rider
®Solar PV Equipment
Presenter
Presentation Notes
Talking points: For Homes and Businesses that cannot install solar for various reasons, Solar Share program can help. All other credits and charges conform to the DG Rider
®Solar PV Equipment
Presenter
Presentation Notes
Talking points: For Homes and Businesses that cannot install solar for various reasons, Solar Share program can help. All other credits and charges conform to the DG Rider
®Solar PV Equipment
Presenter
Presentation Notes
Talking points: For Homes and Businesses that cannot install solar for various reasons, Solar Share program can help. All other credits and charges conform to the DG Rider
Talking points: For Homes and Businesses that cannot install solar for various reasons, Solar Share program can help. All other credits and charges conform to the DG Rider
®Solar Photovoltaics (PV)
System Size:wattage of modules x # of modules250watt modules x 10 = 2,500watts = 2.5kW
Shown below: 10kW (250watt modules x 40)
Presenter
Presentation Notes
Talking points: For Homes and Businesses that cannot install solar for various reasons, Solar Share program can help. All other credits and charges conform to the DG Rider
Talking points: For Homes and Businesses that cannot install solar for various reasons, Solar Share program can help. All other credits and charges conform to the DG Rider
®Federal & State Incentives
30% Federal ITC25% State ITC
50% Bonus DepreciationModified Accelerated Cost-Recovery System (MACRS)
25% Grant – Rural Energy for America Program (REAP)75% Loan Guarantee
USDA Rural Development Offices
Presenter
Presentation Notes
Talking points: For Homes and Businesses that cannot install solar for various reasons, Solar Share program can help. All other credits and charges conform to the DG Rider
®
SOLAR HOME AND SOLAR BUSINESS
Program Details
®Program Rebates
Solar Business (rooftop installations) Rebate:– $1.30/watt AC– $1.55/watt AC (for qualifying non-profit
entities)
Solar Home (rooftop installations) Rebate:– $1.30/watt AC
Maximum Rebate Cap– 4kW
Presenter
Presentation Notes
Talking Point: From our understanding, Residential customers may not be issued a 1099 Form; However, non-Residential customers may receive a 1099 Form (Income Tax reporting) The below information is for reference only (and is sourced from the current DG rider): Residential: Customers can install and subscribe up to 20kW through Solar Home and Solar Share Home programs respectively Non-Residential: Customers can install and subscribe up to 1000kW through Solar Business and Solar Share Business programs respectively Talking about the Distributed Generation is not in our scope. We can refer them to Santee Cooper, but not have anything formal out there.
®PV System Eligibility
• Must be installed by qualified Santee Cooper Solar Electric (SE) Trade Ally or other qualified installation contractor that meets program requirements
demand over past 12 months• Purchased and installed on or after April 1, 2016• Must meet all applicable codes and standards
Presenter
Presentation Notes
Talking points: Cannot exceed customer annual peak electrical demand over past 12 months from the date signed on the Rebate Application Must meet all applicable codes and standards – In talking points, mention HOA permits, permits required by the regional or local boards, city councils, etc.
®Participation Process
Solar Home and Solar Business Program1. Contact Santee Cooper SE Trade Ally or
other qualified installation contractor for solar assessment
2. Complete and submit Application to Interconnect and Rebate Reservation Worksheet with Santee Cooper
3. SE Trade Ally or qualified installation contractor installs approved solar PV system within 90 days of approval to interconnect
4. Submit Rebate Application within 90 days of installation completion and interconnection
®Participation Process
Solar Home and Solar Business Program1. Contact Santee Cooper SE Trade Ally or
other qualified installation contractor for solar assessment
2. Complete and submit Application to Interconnect and Rebate Reservation Worksheet with Santee Cooper
3. SE Trade Ally or qualified installation contractor installs approved solar PV system within 90 days of approval to interconnect
4. Submit Rebate Application within 90 days of installation completion and interconnection
• 3MW of existing community solar generation capacity
• Customers can subscribe to:– 1kW Blocks
• Tax credits will not apply
Presenter
Presentation Notes
Talking points: For Homes and Businesses that cannot install solar for various reasons, Solar Share program can help. All other credits and charges conform to the DG Rider Tax incentives will not apply as customers will not own system
®Solar Share Program (Cont.)
Solar Share 1kW Block Subscription Costs– $1,880.00 per Block 1kW will produce approximately 1,700kWh
annually
Solar Share Rebates– $1.00/watt up to 4kW– $1.25/watt up to 4kW (for qualifying non-profit
entities)
Presenter
Presentation Notes
Talking points: For Homes and Businesses that cannot install solar for various reasons, Solar Share program can help. All other credits and charges conform to the DG Rider
QUESTIONS
Nick Safay, LEED AP+Homes, NABCEP PV Technical Sales Professional