K-Solar Program Overview

Program OverviewHoutan MoaveniMarch 12, 2015

K-Solar Program Overview• Part of the NY-Sun Initiative

• Governor Cuomo’s 2012 State of the State Address Greatly expanding New York’s solar programs Stressing the need to keep a firm eye on solar costs to protect ratepayers One of the goals of Governor Cuomo’s NY-Sun Initiative is to help school

districts reduce their energy costs by making solar power more affordable.

K-Solar

NYS Governor's

Office

NYSED

NYPA

NYSERDA

School Districts Registrations

• To date, 221 School Districts in 56 Counties representing over 900 individual schools have registered into the K-Solar Program (over 30% of all the public School Districts in NYS).

PV System Overview

Energy Source

Energy Conversion (DC) Energy Inversion and

Conditioning (AC)

Energy Use

Energy Distributor Electric Utility

4

NY Weighted Avg Installed Cost

Installation Cost of Solar

Hardware Costs36%

Soft Costs64%

Source: National Renewable Energy Laboratory, 2013.http://www.nrel.gov/docs/fy14osti/60412.pdf

Soft Costs

Over half of the cost of solar installations are due to soft costs.

What are the Soft Costs?

Operations & Maintenance

Installation & Performance

InterconnectionCustomer Acquisition

Permitting &

Inspection

Financing &

Contracting

K-Solar can work on reducing permitting, interconnection and customer acquisition costs.

9

The path to grid parity

• Grid parity is the point of time when the lowering cost of PV equals to the rising cost of conventional electricity.

K-Solar Platform

K-Solar

Solar DevelopersSchools

Save

money b

y reducin

g

electrici

ty bills

See imm

ediate savings

without investing any

upfront capital or being

responsible for ongoing

operation and

maintenance

Mon

etize

the f

ull ra

nge

of in

centi

ves t

hat a

re

avail

able

for s

olar e

nerg

y

Working collaboratively instead of individually leads to a significant reduction in solar energy system costs, transaction costs, administrative time, and enhances leverage in negotiations

K-Solar Program--3 Activity Areas

Standardization of Contracts and

Streamlined Permitting

Education & Community

Outreach

Procurement Process and

Project Implementation

How can K-Solarassist us in the process of going solar?

http://www.nypa.gov/k-solar/

• Educational webinar series

How can K-Solarassist us in the process of going solar?

• NYPA providing free site survey and energy analysis through K-Solar• Roof age and suitability• Ground mounted or parking lot solar options• Shading analysis• Analysis of electric bills• Energy production estimate

• Provided over 260 schools with free solar site assessments• Identified 184 schools with 69 MW potential capacity• New site requests being received and assessed on an ongoing basis

How can K-Solarassist us in the process of going solar?

How can K-Solarassist us in the process of going solar?• Educational content, such as curricula and teacher

training events• Expedited permitting• K-Solar Power Purchase Agreement (PPA)• K-Solar Program aggregated procurement

– Technical and administrative support– Economies of scale

Key Takeaways

• Register Today (if you have not done so)

• Review the K-Solar PPA terms and conditions• Announce the K-Solar recommended solar developer(s) in April• District will individually negotiate and execute PPA with the recommended solar

developer(s) • Pricing supplied ($/kWh) for “standard building” with chart of change orders and effect

on energy pricing• Pricing chart includes effect of NYSERDA MW Block incentives• Pricing valid until 12/31/16 sunset of 30 percent federal Investment Tax

Credit

K-Solar

Schools

Developer

PPA

For additional information

• NYPA K-Solar website link: www.nypa.gov/K-Solar– Includes registration for program and pre-

recorded webinars

Questions