HomeMy WebLinkAbout11 SB1 Program Agenda Item # 11
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Public Utility Distric 1.
ACTION
To: Board of Directors
From: Kathleen Neus
Date: September 16, 2009
Subject: Consideration of Setting the Solar Rebate for the Remaining Years
of the SB1 Program
1. WHY THIS MATTER IS BEFORE THE BOARD
Board policy is to review the Solar Program annually and to set the rebate amounts for
the upcoming years during that review.
2. HISTORY
Senate Bill 1 (SB-1) establishes specific requirements for local programs, including
system incentives and a minimum rebate amount. The state has also mandated that
the rebate amount be decreased by a minimum of 7% a year for the ten-year life of
the program.
The Board approved the District's Solar Program in November of 2007. At that
meeting, the Board set the rebate dollars at $5.00 per watt installed for 2008, $4.50
for 2009 and $4.05 for 2010. There is no rebate amount set for the period after 2010.
There were 11 systems installed in 2008. Three systems have been installed in 2009,
with Truckee Sanitary District's project expected to be on line in September 2009.
3. NEW INFORMATION
The Solar Program is fully reserved through 2010 with four applications for 2011. The
rebate amounts for future years have yet to be set by the Board. This makes it difficult
for applicants to thoroughly evaluate their proposed projects.
For years 2009 and 2010 the rebate amounts were reduced by 10% per year; the
recommendation is to reduce the remaining seven years by 10% each year from the
previous year until the end of the program in 2017. Attachment 1 shows the proposed
rebate amounts.
4. FISCAL IMPACT
The SB-1 customer charge was set by the Board in December of 2007, there is no
proposed change to the customer charge. This existing charge is sufficient to cover
the cost of this program. There is no fiscal impact to the District associated with this
item.
5. RECOMMENDATION
To decrease the 2010 rebate dollars by 10% for 2011 and to reduce succeeding
year's rebate by 10% each year until the program ends in 2017.
M z)
Michael D. Holley
General Manager
i
PROJECTED kW INSTALLED
700
t
I k 596
w
600
504
I
500
N 534
E 5 422
T 461
A 400 _. .. _. ,.......
E 348 393
u 281
E 300
D 221
271
200 - 67 —
Z16
118 165
100 74
kl 'Installed 10`c Re uctitzn All Years
35
74
kW installed 10%Reduction Years 1-3 7%Remaining
35 Years
0
1 2 3 4 5 6 7 8 9 10
YEARS
I
Attachment 1