Helping schools & nonprofits do more good work · 2017. 12. 8. · Title: Stion Thin Film Benefits...

CONFIDENTIAL© Copyright 2016 K12Solar. All rights reserved. www.k12solar.com

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Light the Bay Church Project, Pittsburg, CA

Helping schools & nonprofits do more good work

http://www.k12solar.com/


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BIG PICTURERenewable energy

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Of the new power added to the world’s electric grids in 2016, renewable energy accounted for:5%15%33%66%

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x



By 2022, new global renewable energy capacity will equal about ______% of the current global capacity in coal power, which took 80 years to build. 1% 5% 25% 50%

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x



3 countries account for 2/3 of global renewable expansion to 2022

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2017-2022 Forecasted Capacity Growth – source: IEA



Is your school district, community college and office of education planning to replace fossil fuels too?

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STEP BY STEP GUIDE TO FUNDING SOLAR

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3 steps for going solar

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STEP 3:Decide how to

procure it?

STEP 2:Decide how are you

going to fund the project? Buying

electricity vs buying the system

STEP1:Determine for what meters

is solar feasible?



Step 1: Determine what electric meters can be solarized?

1. Analyze the electricity consumption for the last 12 month with the highest level of granularity possible – get data from utility.

2. Assess the bill savings caused by a solar system taking into consideration:a) Electric rates available for each meterb) Orientation and tilt of solar system(s)c) How to connect the solar system to the meter(s)d) Availability of virtually connecting multiple meters in the propertye) Age and condition of infrastructuref) Division of the State Architect (DSA) requirements g) Building code requirements

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Good News and Bad News and then more good news• Good news: Owners of solar system get a Federal Tax Credit and the accelerated depreciation.• Bad news: Tax-exempt entities cannot take advantage of the incentives• Good news: There is the work around• To monetize the tax incentives indirectly you could buy the solar electricity generated by the solar

system, and not the solar system. An investor would own the system and take the tax incentives helping you monetize the tax incentives via a lower electricity price.

• This is called a “Power Purchase Agreement” or PPA

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Step 2: Determine how to fund a PPA

Option 1: PPA• No funding necessary, no prop 39, no bonds, no RFP, etc.• Typically cheaper than the utility • You pay after the electricity is delivered every month.• Electricity price is fixed for 20 years.• PPA provider pays for the project construction.• No solar system to maintenance.• Single district wide agreement.

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Step 2: Determine how to fund a PPA

Option 2: Prepaid PPA• Lowest cost of power• You prepay for the electricity. The funds to prepay the electricity may come from Prop 39 or school

bonds.• Electricity price is fixed for 20 years.• PPA provider funds the project construction.• No solar system maintenance.• Single district wide agreement.

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Step 3: How to procure it? Single Source Competitive Bidding

Rules Government Code Section 4217.12 allows single source when energy savings exceeds project costs (e.g.PPA)

Public Contract Code Section 20162 requires a competitive bidding process for public works > $5K

Time required Minimal Significant. Requires the creating of a Request for Proposal process.

In-house resources

Minimal Significant. Can require significant in-house resources to manage the RFP process

Competitive price obtained

Yes. Leverage the RFPs of other districts. PPA prices contracted are publicly available.

Yes, if the right providers are invited to bid and if the project is large enough for providers to invest the time to respond.

Best suited Smaller districts or districts withconstraint time or resources

Larger project for larger districts with plenty of resources

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http://publicagencies.theenergynetwork.com/home/showdocument?id=38



Step 3: A hybrid approach. Our approach.

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3. We run an RFP process on the School District’s behalf where we invite qualified construction companies to bid. And together we recommend to decision makers who to award the project to.

1. We advise the School District on what meters, buildings and campuses are feasible for solar (at no cost).

2. We bring the funding to construct the solar project.

BENEFIT:The district does not need to invest time or lots of resources to go solar. But it gets competitive pricing without the sacrifice!!!



SMUD ProjectWilton, California

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PG&E SAN FRANCISCO BUILDING

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Bryte Baptist Church

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Quail Lakes Baptist Church

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Tiny Home for homeless Veterans

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Contact InformationDean Marks – [email protected] Maher – [email protected]

Miguel de Anquin – [email protected]

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mailto:[email protected]




THANK YOUInnovative Financing

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Senate Bill 110 Permanently Extends Proposition 39 Clean Energy Program

• Proposition 39—The California Clean Energy Job Act was envisioned to be a five-year program with the 2017- 18 fiscal year being the final year.

• The program provides funding for projects that improve energy efficiency and expand clean energy generation

• Approximately $1.4 billion has been allocated for K-12 energy efficiency projects.• Approximately $130 million has not been claimed by local educational agencies (LEAs)• Senate Bill (SB) 110, which was signed into law on July 10, 2017 (Chapter 55/2017), provides a

mechanism by which remaining funds in the program are allocated and establishes the Clean Energy Job Creation Program (Program), which extends the program indefinitely.

• SB 110 requires that any funds not disbursed for approved energy expenditure plans by March 1, 2018, be appropriated

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Proposition 39 Energy efficiency and clean energy projects • SB 826: 2016-17 Budget Act appropriated $456M• $398M in awards to local educational agencies (LEA)

Which includes county offices of education, school districts, charter schools and state special schools• $49M in awards to Community Colleges

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Helping schools & nonprofits do more good work · 2017. 12. 8. · Title: Stion Thin Film Benefits...

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