32
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

  • Upload
    others

  • View
    0

  • Download
    0

Embed Size (px)

Citation preview

Page 1: 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

Solar Program

Helping You Invest in a Solar Future

Page 2: 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

®Solar Program Purpose

To promote a reliable, efficient and diversified portfolio of solar generation

resources to Santee Cooper's residential and non-residential retail customers

Page 3: 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

®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.
Page 4: 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

®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.
Page 5: 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

®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.
Page 6: 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

®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.
Page 7: 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

®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.
Page 8: 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

®Solar PV Equipment

Solar PV modules (panels)• Typically 60 cell or 72 cell

– 60 cell – 3.25’ x 5.5’ 40lbs.• 250watts – 290watts

– 72 cell – 3.25’ x 6.5’ 50lbs.• 300watts – 340watts

• 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
Page 9: 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

®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
Page 10: 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

®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
Page 11: 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

®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
Page 12: 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

®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
Page 13: 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

®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
Page 14: 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

®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
Page 15: 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

®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
Page 16: 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

®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
Page 17: 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

®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
Page 18: 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

®Battery StorageCharge ControllersMonitoring EquipmentBackup panelBatteriesExtra WiringProgrammingConditioned SpaceMaintenanceReplacementMake friends w/ tech support

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
Page 19: 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

®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
Page 20: 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

®PV Electricity Production

System Size & Annual Production:3kW – 4,300kWh5kW – 7,200kWh10kW – 14,400kWh15kW – 21,600kWh50kW – 72,000kWh

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
Page 21: 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

®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
Page 22: 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

®

SOLAR HOME AND SOLAR BUSINESS

Program Details

Page 23: 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

®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.
Page 24: 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

®PV System Eligibility

• Must be installed by qualified Santee Cooper Solar Electric (SE) Trade Ally or other qualified installation contractor that meets program requirements

• Installed Generation Capacity:– Minimum 1kW AC– Residential Maximum: 20kW AC– Non-Residential Maximum: 1,000kW AC– Cannot exceed customer annual peak electrical

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.
Page 25: 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

®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

Page 26: 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

®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

Page 27: 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

®Solar PV Financial Analysis

Example:System: 4kWCost: @ $4.00/watt = $16,000Rebate: $3,950 (after taxes)Cost for ITC: $12,050Federal ITC: $3,600State ITC: $3,000Net Cost: $5,450

Annual PV Production: 5,750kWh

Page 28: 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

®Solar PV Financial Analysis

Month Solar Radiation( kWh / m2 / day )

AC Energy( kWh )

Energy Value( $ )

January 3.92 401 44

February 4.32 398 44

March 5.44 536 59

April 6.06 570 63

May 5.69 549 60

June 5.92 541 60

July 5.48 517 57

August 5.50 519 57

September 5.23 482 53

October 4.75 459 50

November 4.27 407 45

December 3.66 368 41

Annual 5.02 5,747 $ 633

Page 29: 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

®

SOLAR SHARE SUBSCRIPTIONS

Program Details

Page 30: 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

®Solar Share Program

• 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
Page 31: 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

®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
Page 32: 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

QUESTIONS

Nick Safay, LEED AP+Homes, NABCEP PV Technical Sales Professional

Solar Program Outreach Coordinator

Office: 919.334.7660Mobile: [email protected]

305-A Gardner Lacy RoadMyrtle Beach, SC 29579