Solar Energy Jobs Act of 2013 - Bill Presentation

7/29/2019 Solar Energy Jobs Act of 2013 - Bill Presentation

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Solar Energy Jobs Act of 2013

An Affordable, Job-Creating, 10% Clean Local Solar Energy Standard

Presentation by Joh

ILSRs Director of Democratic

jfarrell@ebruary 26, 2013
mailto:[email protected]:[email protected]


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0%

2%

4%

6%

8%

10%

2014 2016 2018 2020 2022 2024 2026 2028 2030

10%

NV

AZ

NM

CO

IL

NJ

DE

MD

Minnesotas 10% Solar Standard

2.5%

of electricity

NM other state stand

Minnesota

DFL

Ind.

GOP 76%

83%

99%

Support for using more solar power

DOE SunShot


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Broad Participation

Residential

Small Commercial

Commercial/Industrial

Utility Scale

% of capacity

More than 50,000 roofto


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Payment for Production

Value of Solar (see handout 1)

Improves on a Texas utility

calculation to identify the value of

solar electricity to Minnesota

utilities.

Utility buys all solar electricity at

that price.

Utility still sells all regular

electricity to the customer,

recovering fixed costs.0

3

6

9

12

15

18

2006 2007 2008 2009 2010

10.3

11.8

16.4

13.8 13.8

Value of Solar Energy to Austin Energy (U

Chart data from Austin Ene


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Payment for Production

Production-Based Incentive

Replaces up-front rebates with aper-kilowatt-hour incentive

Based on project size

Phases out over time

Includes bonus for Minnesota-made

Willingness to payat least $2 permonth for more solar power

DFL

Ind.

GOP 89%

86%

97%

0%

2%

4%

6%

8%

10%

LocalSolarSurcharge

Xcel EnergyRate Hike(2013)

9%

1.33%

A Modest Cost

< $1 per month


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Simplified Solar (see handout 2)

The Value of Solar andProduction-Based Incentive arecombined.

Solar generators sign a standardcontract to deliver electricity atthis combined price for 20 years.

A simple, transparent revenuestream makes it easy to attractprivate capital.

$0

$2

$4

$6

$8

$10

2007 2008 2009 2010 2011 2012

Installed Cost of Solar PV (2007-2012

Residential Small Commercial

Other

Chart data from Lawrence Berkeley National Labs


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The Bottom Line on the Solar Energy Jobs Act

10% of states electricity from solar

power by 2030 on over 50,000rooftops

6,600 jobs (over 1,300 inmanufacturing) according to NRELsJEDI economic model

Millions of dollars in electricity

savings for Minnesota homes andbusinesses

$7 billion in economic activityaccording to NRELs JEDI economicmodel

The Cost 1.33% on a utility bill

Every $1 in incentives buys $5 in economic output

The Benefit


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Solar&Energy&Jobs&Act&of&2013,&Handout&1&

&

The$Value$of$Solar$Compared&to&other&kinds&of&electricity&generation,&solar&has&unique&value&to&the&

electricity&grid.&&A&cornerstone&of&the&Solar&Jobs&Bill&is&having&utilities&replicate&a&value&

of&solar&calculation&already&in&use&by&a&Texas&municipal&utility,&where&solar&electricity&is&worth&1213&per&kilowatthour&to&the&utility.&&Utilities&buy&all&solar&energy&at&this&

price.&

&

This&value&of&solar&price&calculation&has&seven&parts:&

Savings$from$avoided$transmission$

Solar&power&is&generated&close&to&(or&on&top&of)&buildings&it&serves,&avoiding&energy&

losses&from&longdistance&transmission&and&distribution&of&electricity.&

Savings$from$deferred$capital$investment$

The&more&solar&power&plants&provide&local&electricity,&the&longer&utilities&can&wait&to&upgrade&transmission&and&distribution&infrastructure.&

Savings$from$avoided$energy$costs$

Like&any&other&power&plant,&a&solar&arrays&electricity&is&electricity&the&utility&wont&have&to&acquire&elsewhere.&

Savings$from$energy$capacity$

Solar&provides&strong&energy&capacity&at&times&of&peak&energy&use,&such&as&hot&summer&afternoons.&

Savings$due$to$hedging$of$fossil$fuel$prices$

With&no&fuel&cost,&solar&reduces&price&uncertainty&that&plagues&traditional&fossil&fuel&

power&generation.&

Environmental$benefits$

Solar&has&no&emissions&of&mercury&or&sulfur&dioxide,&no&radioactive&waste,&and&no&

greenhouse&gas&emissions.&

Economic$development$benefits$from$local$power$generation$

Solar&energy&can&be&generated&almost&anywhere,&built&by&Minnesota&businesses&and&

installed&by&local&contractors,&increasing&economic&activity&in&cities&and&towns&

across&Minnesota.&

Better$Value$for$Minnesota$Utilities$Under&current&net&metering&rules,&customers&spin&their&meter&backward&when&they&generate&solar&electricity,&reducing&their&bill.&&The&buy&all&/&sell&all&policy&means&

utility&customers&keep&buying&their&electricity&as&usual,&and&are&paid&by&the&utility&for&

their&solar&electricity&based&on&its&value&to&the&grid.&


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Solar&Energy&Jobs&Act&of&2013,&Handout&2&

Simple'Solar'for'Minnesota'Homes'and'Businesses'&

A&highlight&of&the&Solar&Jobs&Bill&is&making&it&easy&for&Minnesota&residents&and&

businesses&to&put&their&own&money&into&solar&energy.&&&&

A'Performance7Based'Payment'

A&homeowner&knows&what&theyll&earn&for&every&kilowattFhour&they&generate&over&

20&years,&a&combination&of&the&value&of&solar&price&and&a&performanceFbased&

incentive.&

A'Simple,'Standard'Contract'

A&homeowner&wont&need&a&legal&team&to&review&their&standardized,&20Fyear&power&purchase&contract&for&selling&their&solar&electricity.&

Easy'Financing'

With&their&simple&contract&in&hand,&showing&expected&revenue&for&the&next&20&years,&a&homeowner&can&seek&lowFcost&financing&from&their&bank,&credit&union,&or&other&

financial&institution.&

&

&

Solar Energy Jobs Act of 2013 - Bill Presentation

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