Bill Johnson President Solar, Simply Brilliant.

Transcription

1 The State of Solar in Forida Bill Johnson President Solar, Simply Brilliant.

2 Ten M inutes Florida Solar Stats The State of Net M etering Suniva - Solarworld Section Trade Case Battery Storage Future Policy Options

3 Solar PV 2 0 Year Price History

4 Florida Solar Stats Solar installed: M W ( M W in 2016) 12 th in Nation 86,0 0 0 homes powered by solar 8,2 6 0 solar jobs in Florida in companies 2 6 0,0 0 0 Jobs Nationwide (2 x All Coal Jobs!)

5 FPL Solar Stats Customer Sited Solar installed: M W (DC) 2 5 GW of total generating capacity (solar is 0.2 %) 5,6 9 4 Systems Interconnected Across 2 8 counties and 4.5 million Customers Fewest Interconnections: Suwanee County 1 interconnect Union County 2 Interconnects M ost Interconnections: Brevard County Interconnections Sarasota County Interconnections M ost per Capita -!!!!! Sarasota County!!!!! 1 / people 1 / Households

6 Sarasota Solar Stats Customer Sited Solar: M W (DC) Systems Interconnected (M anatee County: ) Largest system kw Systems larger than 1 0 kw 7 SYSTEM S LARGER THAN 5 0 kw

7 Net M etering Full retail credit for every kw h sent to grid. Typically can be rolled over month to month up to a year.

8 M ay summar y of dozens of studies on the value of rooftop solar. Far from a net cost, net metering is in most cases a net benefit for the utility and for non-solar rate-payers. Regulators and utilities need to engage in a broader and more honest conversation about how to integr ate distr ibutedgeneration technologies into the grid.

9 Attacks on Net M etering PRECO (Peace River Electric) New Solar Rate $ / kw h for energy received $ for energy delivered $ 3 2 / M onth facilities use charge (vs $ ) 5 0 % Rate Reduction!!!! Effective 7 / 1 / NOT SUBJECT TO PSC REVIEW

10 Attacks on Net M etering JEA (Jacksonville Electric) New Solar Rate New Rate: $ / kw h for energy received $ for energy delivered 6 9 % Rate Reduction!!!! Effective 3 / 3 1 / NOT SUBJECT TO PSC REVIEW

11 Section Trade Case Filed by Suniva and SolarWorld in M ay Claims injury due to imported solar panels. Seeking 3 0 % tariff on imported panels/ wafers. Awaiting decision by.

12 Solar + Storage = Resiliency

13 Home Battery for backup power Replaces standby generator No Maintenance No fuel issues Ten Year Warranty 13.5kWh of storage 5kW continuous power Up to ten can be installed together 50kW, 135kWh

14 Home Battery Use

15 The Grid of the Future Distributed Virtual Power Plant

16 Solar Policy Options IT TAKES LEADERSHIP! Vir tual Net M etering Community Solar Projects Value of solar analysis impartial cost benefit calculation. Green Bank funding for low income solar projects. Power Purchase Agreements competition breeds innovation. PACE Financing

17 Setting the PACE: Financing for Resiliency Lee Hayes Byron UF/IFAS Extension and Sustainability Sarasota County

18 # Solar Interconnections Energy Costs & Solar Photovoltaic in Sarasota County Energy Costs: 2015 Ave. household energy costs: $1, Total household energy costs: >$291 million Low income families pay more Solar PV: Active Solar PV interconnections: 759 Ave. new each year: ~121 Solar Co-op in 2017: 71 installations Tremendous local opportunity for efficiency improvements & solar Number of Solar PV Installations By Year ( )

19 Hurricane Irma: Storm Resiliency in Sarasota County Maximum sustained winds: 48mph Highest recorded gust: 81 mph Lost power: 83% People in Shelters: >20k at 13 locations Homes impacted: 438 (14 with major or minor damage) A lot of interest in storm windows, shutters, and roof improvements

20 A Potential Financing Tool Property Assessed Clean Energy (PACE): Allows commercial and residential property owners to finance energy or hurricane improvements via property tax assessment. Voluntary for property owners. Enabled: State legislation in 2010; Sarasota County PACE ordinance passed in October. Next steps: Negotiating interlocal agreements with PACE Local Governments Cities opt-in to county program Program launch and education workshops (Goal: February)

21 A Potential Financing Tool What/ Who Qualifies for PACE: Qualifying Improvements: Energy efficiency (ENERGY STAR), renewable energy, wind resistance. E.g. HVAC, insulation, EV charging stations, solar, roofing, shutters, windows. <20% just value of property No: delinquent property taxes, involuntary liens, defaults, bankruptcy. Additional Residential Requirements: 1 of following Taxes and assessments <5% assessed value & PACE assessments <4% gross income Mortgage holder consent or escrow Assessment < Savings 10% equity & mortgage + PACE< just value

22 A Potential Financing Tool How Will PACE Work? Contractors get trained and approved to offer PACE financing to their customers. Property owners: Get quotes for Qualifying Improvements from contractors Research financing options from contractors, banks, etc & decide what is best for them If choose PACE, sign Financing Agreement. Contractor paid only after sign off. Repay once per year through non-ad valorem assessment on property taxes.

23 Benefits and Risks A Potential Financing Tool Contractor Management: Code of Conduct, training, qualifications check, accountability, price checks Energy Savings: Eligible Measures List requires product standards & energy savings estimate must be disclosed Quick approval process Won t affect credit Maximum repayment term determined by life of improvement (up to 30 years) No residential pre-payment penalties (non-residential may be allowed)

24 Benefits and Risks A Potential Financing Tool Interest rates: 6-9% + fees (other financing may be better) Qualifying does not guarantee ability to pay May affect sale or refinance of property; may need to be paid off Must inform future buyers of the lien Failure to pay may result in loss of property

25 A Potential Financing Tool What Other Financing Tools are Available? Cash Home Equity ~4-9% (requires equity and term may be limited) HomeStyle Energy Mortgage Loans: finance energy upgrades when purchasing or refinancing (up to 15% of value with energy report) First Green Bank: ~6% (credit check and other limitations; Lien on panels) Unsecured Consumer Loan ~9 to 13% plus fees

26 Property Assessed Clean Energy Thank you! Want to stay informed? Join our list: