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HomeMy WebLinkAbout11, SB-1 Solar ProgramWorkshop Item # it Status of the District's SB=1 Solar Program October 16, 2013 Background / History • State's Million Solar Roofs Program • SB-1 passed • Unfunded State Mandate • Must expend $1,773,408 over 10 years • Rebate amounts set by the Board • 2013 $2.95 / Watt Installed • 2014 $2.66 / Watt Installed • 2015 $2.39 / Watt Installed • 2016 $2.15 / Watt Installed • 2017 $1.94 / Watt Installed • Federal tax credit extended 2 • $2, 000 to 30% of solar project New Information • Summary of the past 5 years 2008 16 10 35.3 $141,000 2009 15 6 127.6 $115,000 2010 21 8 27.1 $97,000 2011 15 15 55.7 $144,000 2012 9 8 25.7 $63,000 TOTALS 76 47 271.4 $560,000 *2009 Truckee Sanitary District installed a 105 kilowatt system 3 New Information cont. • 2013 Information • 19 applications • 2 installations completed • $11, 684 rebated • 4.2 kW installed • $173,475 reserved • 78.5 kW anticipated to be installed • 100% of all systems installed under the SB-1 program are fully functional and operational • $1,091,460 remaining 0 Fiscal Impact • Customer Charge • Residential • Small Commercial • Medium Commercial • Large Commercial 5 $0.60 / month $5.00 / month $10.00 / month $15.00 / month Recommendation Receive this report and provide comment to staff a