7/29/2019 Solar Energy Jobs Act of 2013 - Bill Presentation
1/9
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]7/29/2019 Solar Energy Jobs Act of 2013 - Bill Presentation
2/9
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
7/29/2019 Solar Energy Jobs Act of 2013 - Bill Presentation
3/9
Broad Participation
Residential
Small Commercial
Commercial/Industrial
Utility Scale
% of capacity
More than 50,000 roofto
7/29/2019 Solar Energy Jobs Act of 2013 - Bill Presentation
4/9
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
7/29/2019 Solar Energy Jobs Act of 2013 - Bill Presentation
5/9
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
7/29/2019 Solar Energy Jobs Act of 2013 - Bill Presentation
6/9
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
7/29/2019 Solar Energy Jobs Act of 2013 - Bill Presentation
7/9
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 $5 in economic output
The Benefit
7/29/2019 Solar Energy Jobs Act of 2013 - Bill Presentation
8/9
Solar&Energy&Jobs&Act&of&2013,&Handout&1&
&
The$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×&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¤t&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.&
7/29/2019 Solar Energy Jobs Act of 2013 - Bill Presentation
9/9
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.&
&
&
Top Related