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Solar*Rewards Pam Newell Solar Product Manager October 27, 2008
Transcript of Solar*Rewards - Center for Resource Solutionsresource-solutions.org/images/events/rem... ·...
Solar*Rewards
Pam NewellSolar Product Manager
October 27, 2008
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Who is Xcel Energy?
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Northern States Power Company-
Wisconsin
Northern States Northern States Power CompanyPower Company--
WisconsinWisconsin
Public Service Company of
Colorado
Public Service Public Service Company of Company of
ColoradoColorado
Southwestern Southwestern Public ServicePublic Service
5th Largest Combination Electric and Gas Utility(based on customers)
5th Largest Combination Electric and Gas Utility(based on customers)
Electric Customers 3.3 millionGas Customers 1.8 millionElectric Customers 3.3 millionGas Customers 1.8 million
Northern States Power Company
Minnesota
Northern States Power CompanyPower Company
MinnesotaMinnesota
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By the Numbers
5th Largest Combination (Gas & Electric) Utility *
3.3 million electric customers1.8 million natural gas customers
#1 Wind Provider *#5 Solar-Integrated Utility **
*Source: Xcel Energy’s 2008 Fact Card** Source: SEPA’s 2008 National Utility Solar Survey
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What is Solar*Rewards?
Available to more than 1.5 million electric customers in ColoradoLaunched in May, 2006, as a result of the voters’ adoption of Amendment 37, which established Colorado’s Renewable Portfolio Standard (RPS)Represents half of the solar requirement of the RPS
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Solar*Rewards Programs
SmallSystems .5 kW to 10 kWPays Rebate and REC payment in full upon project completion
MediumSystems 10 kW to 100 kWPays $2.00/watt rebate (up to $200,000 cap) and $115/MWh monthly REC payment
RFPSystems 100 kW – 2 MW$200,000 available for rebateProjects are awarded through a competitive bidding process
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Simplifying Communications
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Web Site Information
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Online Application
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Tying things together
Internal marketing and communications
Electronic document submission and retention
Dedicated Legal, Regulatory, Communications and Media resources
Ongoing working relationship with CoSEIA
