Mark Gaiser, Jeremy Lewis, Andrew Rodke & Daren Zigich … · Ranking. Net energy supplier to nation: 3; Total energy production. 10: Oil production. 5: Natural gas production. 7:

Renewable Energy and Energy EfficiencyMark Gaiser, Jeremy Lewis, Andrew Rodke & Daren Zigich

Energy Conservation and Management DivisionNM Energy, Minerals and Natural Resources Department

(EMNRD)

Alternative/Renewable EnergyNew Mexico Indian Affairs Department

Albuquerque, NMAugust 18, 2016

Jeremy Lewis505-476-3319

[email protected]

www.CleanEnergyNM.org

http://www.cleanenergynm.org/

3

Created by Statute Passed by NM Legislature Serves as the NM State Energy Office Funded by NM State and US Federal Funds Provides Technical Assistance to NM Citizens,

Businesses & All Governmental Entities Promotes Energy Efficiency and Renewable

Energy

New Mexico Energy Conservation and Management Division (ECMD)

4

Residential Solar Sustainable Building Utility Wind & SolarGeothermal Energy EfficiencyEnergy AuditsClean Fuels

Programs of ECMD

Resources: Technical Assistance & Grants

1. New Mexico Energy Office (ECMD, EMNRD) –State Energy Program - DOE - Energy Efficiency and Renewable Energy

2. DOE – Office of Indian Energy

3. DOE – Office of Electricity – Sandia National Laboratories

U.S. Ranking

Net energy supplier to nation 3

Total energy production 10

Oil production 5

Natural gas production 7

Coal production 12

Wind installed capacity 19

Solar installed capacity 10

Renewable power* generation 24

* Excluding hydropower

U.S. Ranking

Proven oil reserves 5

Proven natural gas reserves 8

Recoverable coal reserves 9

Wind potential 11

Solar potential 3

Geothermal resources 6

Uranium reserves 2

New Mexico Energy Resource Rankings

Sources: EIA, AWEA, NREL, UNM BBER, BLS

Note: Rankings out of 51 and include the District of Columbia

6

New Mexico Energy Production Rankings

7

554.8

1822.8

394.4

8.1

400.2

1355.0

717.4

42.20.0

200.0

400.0

600.0

800.0

1000.0

1200.0

1400.0

1600.0

1800.0

2000.0

Coal Natural Gas Petroleum Renewable

Trill

ion

Btu

New Mexico Energy Production 2001 vs. 2014

20012014

Source: DOE Energy Information Administration

Wind and Solar Power Plant Capacity~3,000 MW by 2017

New Mexico Renewable Energy Production Tax Credit (REPTC)

9

4,623 Energy Efficient Homes Built from 2007 - 2015

10

ENERGY SAVINGS PERFORMANCE CONTRACTS

ENTITY PROJECT COST MONETARY SAVINGS/YEAR ENERGY SAVINGS/YEAR (MMBtu)

PAYBACK(Years)

New Mexico State University $15,734,306 $1,316,662 16,024 13

Santa Fe Public Schools $2,962,734 $193,810 6,653 25

McKinley County $2,401,017 $333,581 12,700 10

City of Bloomfield $453,762 $30,062 827 14.8

City of Sunland Park $175,718 $14,498 380 12

UPCOMING PROJECTS

Aztec Public Schools Pojoaque Public Schools

Western New Mexico University City of Farmington

San Juan College Clovis Community College

Monte Del Sol Charter School Bernalillo County Metro Detention Center

Mountainair Public Schools City of Las Cruces

City of Gallup Sandoval County

Eastern New Mexico University New Mexico Military Institute

Energy Efficiency in Public Buildings~$2 Million Annual Savings

2015 Governor’s Energy Policy & Implementation Plan

• Focus: State Revenue & Private Sector JobsInfrastructure NeedsFederalAccess to LandsCollaborationClarify & Streamline Regulations

Carbon StandardsEnergy and Water NexusEnergy Education and Training

12

Andrew Rodke505-476-3449

[email protected]



Energy Storage: Saving energy in various forms to be able to use at a later time.

Site & Application Specific: What resources are located in the region?

• Solar• Wood/biomass• Water with significant elevation differences• Wind• Salt Caverns

14

Pumped Hydro

15

Compressed Air Energy Storage (CAES)

Pyrolysis units

• Converting biomass into heat and electricity

• Thinning unhealthy forests reducing fire risk

• Mobile power generation

Batteries Powered by Renewables

• Can be charged by intermittent renewables such as Solar and Wind

• Modular and small footprint

Benefits• Resilience-islanding maintain power • Peak shaving to reduce demand charges• Emergency power-Blackstart capabilities• Reduced carbon emissions through switching

from diesel generators

Picuris Tribe• 1 MW Solar Array• P.P.A. (Power Purchase Agreement) with Kit Carson Electric

Co-op• Plans for energy storage to be able to be a Microgrid

Mark Gaiser505-476-3318

[email protected]



New Mexico’s Solar Resource: Not Restricted to Five Counties.

Number Two in the Nation.

Basic Solar PV System – Off Grid

23

Basic Solar PV System – On Grid

24

Growth in NM Residential PV Systems

Chart1

CY 2009CY 2009

CY 2010CY 2010

CY 2011CY 2011

CY 2012CY 2012

CY 2013CY 2013

CY 2014CY 2014

CY 2015CY 2015

CY 2016CY 2016

Data from NM ECMD Solar Tax Credit Database - July 7, 2016

Annual DC Power Installed

Cumulative DC Power Installed

Calendar Year

Installed Capacity

New Mexico Residential Solar Installed Capacity2009 through 2016

319.208

319.208

2079.958

2399.166

5242.911

7642.077

5239.467

12881.544

6566.097

19447.641

6544.396

25992.037

7116.968

33109.0050000001

6670.055

39779.0600000001

ALL

Project NumberOperational DateApplicantProject AddressProject CountyContractorApplication StatusApproval StatusReview DateUtilityCustomer SectorHome InstallationInstaller NameSystem CostModule ManufacturerModule ModelNumber Of CollectorsModule rated direct current power output (Watts)Cost Per ModuleModule DimensionsInverter ManufacturerInverter ModelInverter CapacityInverter CostLabor CostNew ConstructionBIPVThin FilmTracking SystemEligible State Tax CreditApproved State Tax Credit AmountApproved Federal Tax CreditGross Receipts DeductionSubmitted DateDC Power kWmodules dollars per wattSystem $Tax CreditLabor $Counties by Alphabetical orderCounty population - 2010 censusper k capitaLabor $ 2014% of install $New Mexico Solar Market Development Tax Credit StatisticsProject NumberModule rated direct current power output (Watts)Cost Per Modulemodules dollars per wattProject NumberModule rated direct current power output (Watts)Cost Per Modulemodules dollars per watt

21311207/18/13Lagorio, Brad2405 Meadow Rd. SWBernalillo310 Solar LLCNew ApplicationApproved5/15/14PNMSingle Family ResidentialNoKwon, Ahra$23,690.15AUOMOD24512245$225.400EnphaseM215-60-2LL-S232.580$2,059.20$3,420.00NoRack-MountedNoNo$2,369.02$2,369.00$7,107.00$1,436.225/15/142.940$0.92$30,119,689.11$2,996,304.40$6,791,930.292016Bernalillo321662,5640.48$5,485,532.960.2040023901Residential InstallationsCY 2009CY 2010CY 2011CY 2012CY 2013CY 2014CY 2015CY 2016Percent Change from 2009 to 20162131120245$225.40$0.922130799240$1,670.53$6.96

213109012/20/13Tipirneni, Ajit7700 Merissa Lane NEBernalillo310 Solar LLCNew ApplicationApproved4/16/14PNMSingle Family ResidentialNoGallipoli, Glenn$18,450.00LGLG265S1C-G319265$330.490EnphaseM215-60-2LL-S234.090$3,040.00$3,058.76NoRack-MountedNoNo$1,845.00$1,845.00$5,535.00$1,118.534/16/145.035$1.25$29,605,333.62$2,810,112.00$6,326,302.522015Catron03,7250.00Tax Credit $ 2014 (without 2013 paid in 2014)Residential Systems DC Power by year319 kW2,080 kW5,243 kW5,239 kW6,566 kW6,544 kW7,117 kW6,670 kW2090%39,779 kWNM State Solar Tax Credit Data for PV Systems2131090265$330.49$1.252140307327$1,807.48$5.53

21306279/20/13Morton, Nancy601 Mark Dr. NEBernalillo310 Solar LLCNew ApplicationApproved1/10/14PNMSingle Family ResidentialNoKwon, Ahra$17,375.00LGLG265S1C-G318265$317.270EnphaseM215-60-2LL-S233.870$2,764.80$1,920.00NoRack-MountedNoNo$1,737.50$1,738.00$5,212.50$1,053.361/10/144.770$1.20$26,889,552.41$2,995,359.47$5,485,532.962014Chaves465,6450.06$2,647,522.09Totals for tax year 2008 through 20162130627265$317.27$1.202111053215$1,153.79$5.37

213097312/20/13Staples, Mark2327 Stieglitz Ave. SEBernalillo310 Solar LLCNew ApplicationApproved4/2/14PNMSingle Family ResidentialNoGallipoli, Glenn$8,162.00LGLG265S1C-G38265$317.270EnphaseM215-60-2LL-S231.720$1,228.80$2,336.00NoRack-MountedNoNo$816.20$816.00$2,448.60$494.824/2/142.120$1.20$32,875,747.99$3,108,830.36$6,077,742.712013Cibola027,2130.00SystemsDollars Invested in Residential PV Systems$200,104,1192130973265$317.27$1.202140082260$1,271.47$4.89

21305888/5/13Judkins, Ed2021 Jensen Dr. NEBernalillo310 Solar LLCNew ApplicationApproved1/3/14PNMSingle Family ResidentialNoKwon, Ahra$6,436.91LGLG260S1C-G36260$0.000EnphaseM215-60-2LL-S231.290$0.00$0.00NoRack-MountedNoNo$643.69$644.00$1,931.07$390.241/3/141.560$0.00$30,534,670.74$2,992,019.722012Colfax1113,7500.801023Average System DC power3.5 kW4.6 kW4.8 kW4.9 kW5.8 kW5.8 kW5.9 kW5.6 kW56.8%PV DC MW Capacity Installed39.78 MW2130588260$0.00$0.002131035308$1,487.19$4.83

212113212/30/12Van Nortwick, John3530 Wyoming Blvd. NEBernalilloAffordable SolarNew ApplicationApproved1/24/14PNMSingle Family ResidentialNoCenterwall, Ryan$158,697.78SunmoduleSW25560255$1,057.990SolectriaPVI-75007.500$31,739.56$47,609.33NoRack-MountedNoNo$9,000.00$9,000.00$47,609.33$9,621.051/23/1415.300$4.15$32,882,196.92$3,077,150.452011Curry048,3760.00Median System DC Power3.1 kW3.6 kW3.7 kW4.2 kW4.9 kW5.0 kW5.0 kW5.1 kW64.8%State Tax Credit Issued$19,670,7012121132255$1,057.99$4.152140382327$1,555.34$4.76

21310921/30/14Rose, Stuart5901 Indian School Rd. NEBernalilloAffordable SolarNew ApplicationApproved4/23/14PNMSingle Family ResidentialNoCenterwall, Ryan$74,999.84Canadian SolarCS6P-250108250$277.780SolectriaS25025.000$14,999.97$22,499.95NoRack-MountedNoNo$7,499.98$7,500.00$22,500.00$4,546.874/23/1427.000$1.11$14,320,242.30$1,315,597.112010De Baca12,0220.49Labor $ check on spanModulesLabor Dollars Spent 2013 - 2016$24,681,5082131092250$277.78$1.112140166240$1,123.00$4.68

21401685/23/14Spindler, Scott9200 signal NEBernalilloAffordable SolarReviewApproved9/17/14pnmSingle Family ResidentialNoCenterwall, Ryan$42,990.00canadiancs25048250$358.000power onepo500010.000$8,598.00$12,897.00NoRack-MountedNoNo$4,299.00$4,299.00$0.00$0.009/17/1412.000$1.43$2,876,686.16$375,327.102009Dona Ana322209,2331.54$40,821,718.59Median $ per watt$4.34$3.25$3.08$2.35$1.80$1.60$1.64$1.50-65.3%Electrical Energy Produced to Date and Estimated Value145,641.8 MWhr2140168250$358.00$1.432130901327$1,488.74$4.55

213099512/31/13Salas, Vince & Donna9605 Coneflower Dr. NWBernalilloAffordable SolarNew ApplicationApproved4/4/14PNMSingle Family ResidentialNoCenterwall, Ryan$41,251.90TrinaTS24046240$358.710EnphaseM215-60-2LL-S239.890$8,250.38$12,375.57NoRack-MountedNoNo$4,125.19$4,125.00$12,375.57$2,500.904/4/1411.040$1.49Eddy253,8290.04$1,457.92$14,564,1832130995240$358.71$1.492140319240$1,076.47$4.49

21401675/18/14Reddy, Suraj2523 Elfego roadBernalilloAffordable SolarReviewApproved9/17/14pnmSingle Family ResidentialNoCenterwall, Ryan$40,838.00canadiancs25048250$286.000power onepo 500010.000$6,884.00$10,326.00NoRack-MountedNoNo$4,083.80$4,083.80$12,250.00$2,450.009/17/1412.000$1.14$200,104,119.25$19,670,700.61$24,681,508.48Grant1529,5140.51Highest $ per watt$7.54$15.70$7.71$8.80$8.74$6.96$4.86$5.67-24.8%* Data from 2016 from this date 07/06/16. Energy estimated as 1600 kWhr/kW with 0.69 conversion efficiency and 1% degradation per year. Value based upon $100/MWhr.2140167250$286.00$1.142130579240$1,070.25$4.46

21402277/24/14Triolo, Adam & Tania6611 Guadalupe Trail NWBernalilloAffordable SolarReviewApproved11/4/14Public Service Company of New MexicoNoCenterwall, Ryan$39,786.80TrinaTrina 235W52235$306.050PowerOnePVI-6000-TL12.000$7,957.36$11,936.04NoRack-MountedNoNo$3,978.68$3,979.00$11,936.00$2,809.9411/4/1412.220$1.30Guadalupe04,6870.002140227235$306.05$1.302130749320$1,425.07$4.45

213066012/4/13Wiggins, Mark & D'ette8600 Beverly Hills Ave. NEBernalilloAffordable SolarNew ApplicationApproved1/22/14PNMSingle Family ResidentialNoCenterwall, Ryan$38,808.82Canadian SolarCS6P-23556235$277.210SolectriaPVI-400016.000$7,761.76$11,642.65NoRack-MountedNoNo$3,880.88$3,881.00$11,642.65$2,352.781/22/1413.160$1.18Harding06950.00Lowest $ per watt$2.64$1.22$1.14$0.70$0.65$0.32$0.50$0.57-78.5%2130660235$277.21$1.182130580320$1,413.33$4.42

213071610/31/13Ledesma, Steve & Dianne3824 Pinon Jay Ct. NWBernalilloAffordable SolarNew ApplicationApproved1/31/14PNMSingle Family ResidentialNoCenterwall, Ryan$38,438.25Canadian SolarCS6P-25039250$394.240EnphaseM215-60-2LL-S238.385$7,687.65$11,531.48NoRack-MountedNoNo$3,843.83$3,844.00$11,531.48$2,330.321/31/149.750$1.58Hidalgo04,8940.002130716250$394.24$1.582140335237$1,020.07$4.30

21404129/10/14Mattison, Dean7509 Madera Rd NEBernalilloAffordable SolarReviewApproved12/16/14Public Service Company of New MexicoSingle Family ResidentialNoCenterwall, Ryan$36,190.00HyundaiHIS-M250MG40250$361.900EnphaseM215-60-2LL-S23 X408.600$7,238.00$10,857.00NoRack-MountedNoNo$3,619.00$3,619.00$10,857.00$2,533.3012/16/1410.000$1.45Lea064,7270.002140412250$361.90$1.452130852290$1,215.78$4.19

21404158/20/14Earl, Rodrick & Cathy14116 Grand Ave. NEBernalilloAffordable SolarReviewApproved12/17/14Public Service Company of New MexicoSingle Family ResidentialNoCenterwall, Ryan$35,544.00HyundaiHIS-M250MG40250$355.440EnphaseM215-60-2LL-S238.600$7,108.80$10,663.20NoRack-MountedNoNo$3,554.40$3,554.00$10,663.00$2,488.0812/17/1410.000$1.42Lincoln320,4970.152140415250$355.44$1.422121132255$1,057.99$4.15

213110812/20/13Eggleston, Robert14 Meadowlark Rd.BernalilloAffordable SolarNew ApplicationApproved5/1/14PNMSingle Family ResidentialNoCenterwall, Ryan$35,260.00Canadian SolarCS6P-25040250$352.600Power-OnePVI-42004.200$7,052.00$10,578.00NoRack-MountedNoNo$3,526.00$3,526.00$10,578.00$2,137.645/1/1410.000$1.41Los Alamos817,9500.452131108250$352.60$1.412131008240$993.00$4.14

21402708/13/14Suarez, Marshall & Kathy6305 Kachina St NEBernalilloAffordable SolarReviewApproved11/14/14Public Service Company of New MexicoSingle Family ResidentialNoCenterwall, Ryan$35,196.00TrinaTrina 23548235$293.300PowerOnePVI-5000-TL X210.000$7,039.20$10,558.80NoRack-MountedNoNo$3,519.60$3,520.00$10,559.00$2,463.7211/14/1411.280$1.25Luna425,0950.16Statistics and Economic data from NM ECMD Solar Tax Credit Database April 9, 2015CY = Calendar year Jan. 1 through Dec. 312140270235$293.30$1.252121094240$967.50$4.03

21401034/10/14Johansen, James1500 Camino Amparo NWBernalilloAffordable SolarNew ApplicationApproved6/5/14PNMSingle Family ResidentialNoCenterwall, Ryan$35,146.00Canadian SolarCS6P-25040250$351.460Power-OnePVI-500010.000$7,029.20$10,543.80NoRack-MountedNoNo$3,514.60$3,515.00$10,544.00$2,130.736/5/1410.000$1.41McKinley271,4920.03Rev B 09-24-152140103250$351.46$1.412130596240$939.50$3.91

213058712/6/13Golis, Paul & Karen9600 Coneflower DriveBernalilloAffordable SolarNew ApplicationApproved1/2/14PNMSingle Family ResidentialNoCenterwall, Ryan$34,758.60Canadian SolarCS6P-25036250$386.210EnphaseM215-60-2LL-S237.740$6,951.72$10,427.58NoRack-MountedNoNo$3,475.86$3,476.00$10,427.58$2,107.241/2/149.000$1.54Mora34,8810.61319.2082399.1667642.07714954.92421521.02127442.7780000001

Trends in New Mexico PV System Size and Cost per Watt

27

Chart1

20099.0119488233

20106.8848708964

20116.2717442505

20125.8278200321

20135.0068934391

20144.1087905454

20154.1598239053

20164.5156582832

Watts

$ / Watt

Year

Average system size in Watts

Average cost per Watt for system

New Mexico Residential PV System Size and Cost per Watt

3546.7555555556

4632.4231625835

4788.0465753425

4905.8679775281

5867.8257372654

5901.1686203787

6523.3437213566

6141.8554327809

ALL

Project NumberOperational DateApplicantProject AddressProject CountyContractorApplication StatusApproval StatusReview DateUtilityCustomer SectorHome InstallationInstaller NameSystem CostModule ManufacturerModule ModelNumber Of CollectorsModule rated direct current power output (Watts)Cost Per ModuleModule DimensionsInverter ManufacturerInverter ModelInverter CapacityInverter CostLabor CostNew ConstructionBIPVThin FilmTracking SystemEligible State Tax CreditApproved State Tax Credit AmountApproved Federal Tax CreditGross Receipts DeductionSubmitted DateDC Power kWmodules dollars per wattSystem $Tax CreditLabor $Counties by Alphabetical orderCounty population - 2010 censusper k capitaLabor $ 2014% of install $New Mexico Solar Market Development Tax Credit StatisticsProject NumberModule rated direct current power output (Watts)Cost Per Modulemodules dollars per wattProject NumberModule rated direct current power output (Watts)Cost Per Modulemodules dollars per watt

21311207/18/13Lagorio, Brad2405 Meadow Rd. SWBernalillo310 Solar LLCNew ApplicationApproved5/15/14PNMSingle Family ResidentialNoKwon, Ahra$23,690.15AUOMOD24512245$225.400EnphaseM215-60-2LL-S232.580$2,059.20$3,420.00NoRack-MountedNoNo$2,369.02$2,369.00$7,107.00$1,436.225/15/142.940$0.92$30,119,689.11$2,996,304.40$6,791,930.292016Bernalillo321662,5640.48$5,485,532.960.2040023901Residential InstallationsCY 2009CY 2010CY 2011CY 2012CY 2013CY 2014CY 2015CY 2016Percent Change from 2009 to 20162131120245$225.40$0.922130799240$1,670.53$6.96

213109012/20/13Tipirneni, Ajit7700 Merissa Lane NEBernalillo310 Solar LLCNew ApplicationApproved4/16/14PNMSingle Family ResidentialNoGallipoli, Glenn$18,450.00LGLG265S1C-G319265$330.490EnphaseM215-60-2LL-S234.090$3,040.00$3,058.76NoRack-MountedNoNo$1,845.00$1,845.00$5,535.00$1,118.534/16/145.035$1.25$29,605,333.62$2,810,112.00$6,326,302.522015Catron03,7250.00Tax Credit $ 2014 (without 2013 paid in 2014)Residential Systems DC Power by year319 kW2,080 kW5,243 kW5,239 kW6,566 kW6,544 kW7,117 kW6,670 kW2090%39,779 kWNM State Solar Tax Credit Data for PV Systems2131090265$330.49$1.252140307327$1,807.48$5.53

21306279/20/13Morton, Nancy601 Mark Dr. NEBernalillo310 Solar LLCNew ApplicationApproved1/10/14PNMSingle Family ResidentialNoKwon, Ahra$17,375.00LGLG265S1C-G318265$317.270EnphaseM215-60-2LL-S233.870$2,764.80$1,920.00NoRack-MountedNoNo$1,737.50$1,738.00$5,212.50$1,053.361/10/144.770$1.20$26,889,552.41$2,995,359.47$5,485,532.962014Chaves465,6450.06$2,647,522.09Totals for tax year 2008 through 20162130627265$317.27$1.202111053215$1,153.79$5.37

213097312/20/13Staples, Mark2327 Stieglitz Ave. SEBernalillo310 Solar LLCNew ApplicationApproved4/2/14PNMSingle Family ResidentialNoGallipoli, Glenn$8,162.00LGLG265S1C-G38265$317.270EnphaseM215-60-2LL-S231.720$1,228.80$2,336.00NoRack-MountedNoNo$816.20$816.00$2,448.60$494.824/2/142.120$1.20$32,875,747.99$3,108,830.36$6,077,742.712013Cibola027,2130.00SystemsDollars Invested in Residential PV Systems$200,104,1192130973265$317.27$1.202140082260$1,271.47$4.89

21305888/5/13Judkins, Ed2021 Jensen Dr. NEBernalillo310 Solar LLCNew ApplicationApproved1/3/14PNMSingle Family ResidentialNoKwon, Ahra$6,436.91LGLG260S1C-G36260$0.000EnphaseM215-60-2LL-S231.290$0.00$0.00NoRack-MountedNoNo$643.69$644.00$1,931.07$390.241/3/141.560$0.00$30,534,670.74$2,992,019.722012Colfax1113,7500.801023Average System DC power3.5 kW4.6 kW4.8 kW4.9 kW5.8 kW5.8 kW5.9 kW5.6 kW56.8%PV DC MW Capacity Installed39.78 MW2130588260$0.00$0.002131035308$1,487.19$4.83

212113212/30/12Van Nortwick, John3530 Wyoming Blvd. NEBernalilloAffordable SolarNew ApplicationApproved1/24/14PNMSingle Family ResidentialNoCenterwall, Ryan$158,697.78SunmoduleSW25560255$1,057.990SolectriaPVI-75007.500$31,739.56$47,609.33NoRack-MountedNoNo$9,000.00$9,000.00$47,609.33$9,621.051/23/1415.300$4.15$32,882,196.92$3,077,150.452011Curry048,3760.00Median System DC Power3.1 kW3.6 kW3.7 kW4.2 kW4.9 kW5.0 kW5.0 kW5.1 kW64.8%State Tax Credit Issued$19,670,7012121132255$1,057.99$4.152140382327$1,555.34$4.76

21310921/30/14Rose, Stuart5901 Indian School Rd. NEBernalilloAffordable SolarNew ApplicationApproved4/23/14PNMSingle Family ResidentialNoCenterwall, Ryan$74,999.84Canadian SolarCS6P-250108250$277.780SolectriaS25025.000$14,999.97$22,499.95NoRack-MountedNoNo$7,499.98$7,500.00$22,500.00$4,546.874/23/1427.000$1.11$14,320,242.30$1,315,597.112010De Baca12,0220.49Labor $ check on spanModulesLabor Dollars Spent 2013 - 2016$24,681,5082131092250$277.78$1.112140166240$1,123.00$4.68

21401685/23/14Spindler, Scott9200 signal NEBernalilloAffordable SolarReviewApproved9/17/14pnmSingle Family ResidentialNoCenterwall, Ryan$42,990.00canadiancs25048250$358.000power onepo500010.000$8,598.00$12,897.00NoRack-MountedNoNo$4,299.00$4,299.00$0.00$0.009/17/1412.000$1.43$2,876,686.16$375,327.102009Dona Ana322209,2331.54$40,821,718.59Median $ per watt$4.34$3.25$3.08$2.35$1.80$1.60$1.64$1.50-65.3%Electrical Energy Produced to Date and Estimated Value145,641.8 MWhr2140168250$358.00$1.432130901327$1,488.74$4.55

213099512/31/13Salas, Vince & Donna9605 Coneflower Dr. NWBernalilloAffordable SolarNew ApplicationApproved4/4/14PNMSingle Family ResidentialNoCenterwall, Ryan$41,251.90TrinaTS24046240$358.710EnphaseM215-60-2LL-S239.890$8,250.38$12,375.57NoRack-MountedNoNo$4,125.19$4,125.00$12,375.57$2,500.904/4/1411.040$1.49Eddy253,8290.04$1,457.92$14,564,1832130995240$358.71$1.492140319240$1,076.47$4.49

21401675/18/14Reddy, Suraj2523 Elfego roadBernalilloAffordable SolarReviewApproved9/17/14pnmSingle Family ResidentialNoCenterwall, Ryan$40,838.00canadiancs25048250$286.000power onepo 500010.000$6,884.00$10,326.00NoRack-MountedNoNo$4,083.80$4,083.80$12,250.00$2,450.009/17/1412.000$1.14$200,104,119.25$19,670,700.61$24,681,508.48Grant1529,5140.51Highest $ per watt$7.54$15.70$7.71$8.80$8.74$6.96$4.86$5.67-24.8%* Data from 2016 from this date 07/06/16. Energy estimated as 1600 kWhr/kW with 0.69 conversion efficiency and 1% degradation per year. Value based upon $100/MWhr.2140167250$286.00$1.142130579240$1,070.25$4.46

21402277/24/14Triolo, Adam & Tania6611 Guadalupe Trail NWBernalilloAffordable SolarReviewApproved11/4/14Public Service Company of New MexicoNoCenterwall, Ryan$39,786.80TrinaTrina 235W52235$306.050PowerOnePVI-6000-TL12.000$7,957.36$11,936.04NoRack-MountedNoNo$3,978.68$3,979.00$11,936.00$2,809.9411/4/1412.220$1.30Guadalupe04,6870.002140227235$306.05$1.302130749320$1,425.07$4.45

213066012/4/13Wiggins, Mark & D'ette8600 Beverly Hills Ave. NEBernalilloAffordable SolarNew ApplicationApproved1/22/14PNMSingle Family ResidentialNoCenterwall, Ryan$38,808.82Canadian SolarCS6P-23556235$277.210SolectriaPVI-400016.000$7,761.76$11,642.65NoRack-MountedNoNo$3,880.88$3,881.00$11,642.65$2,352.781/22/1413.160$1.18Harding06950.00Lowest $ per watt$2.64$1.22$1.14$0.70$0.65$0.32$0.50$0.57-78.5%2130660235$277.21$1.182130580320$1,413.33$4.42

213071610/31/13Ledesma, Steve & Dianne3824 Pinon Jay Ct. NWBernalilloAffordable SolarNew ApplicationApproved1/31/14PNMSingle Family ResidentialNoCenterwall, Ryan$38,438.25Canadian SolarCS6P-25039250$394.240EnphaseM215-60-2LL-S238.385$7,687.65$11,531.48NoRack-MountedNoNo$3,843.83$3,844.00$11,531.48$2,330.321/31/149.750$1.58Hidalgo04,8940.002130716250$394.24$1.582140335237$1,020.07$4.30

21404129/10/14Mattison, Dean7509 Madera Rd NEBernalilloAffordable SolarReviewApproved12/16/14Public Service Company of New MexicoSingle Family ResidentialNoCenterwall, Ryan$36,190.00HyundaiHIS-M250MG40250$361.900EnphaseM215-60-2LL-S23 X408.600$7,238.00$10,857.00NoRack-MountedNoNo$3,619.00$3,619.00$10,857.00$2,533.3012/16/1410.000$1.45Lea064,7270.002140412250$361.90$1.452130852290$1,215.78$4.19

21404158/20/14Earl, Rodrick & Cathy14116 Grand Ave. NEBernalilloAffordable SolarReviewApproved12/17/14Public Service Company of New MexicoSingle Family ResidentialNoCenterwall, Ryan$35,544.00HyundaiHIS-M250MG40250$355.440EnphaseM215-60-2LL-S238.600$7,108.80$10,663.20NoRack-MountedNoNo$3,554.40$3,554.00$10,663.00$2,488.0812/17/1410.000$1.42Lincoln320,4970.152140415250$355.44$1.422121132255$1,057.99$4.15

213110812/20/13Eggleston, Robert14 Meadowlark Rd.BernalilloAffordable SolarNew ApplicationApproved5/1/14PNMSingle Family ResidentialNoCenterwall, Ryan$35,260.00Canadian SolarCS6P-25040250$352.600Power-OnePVI-42004.200$7,052.00$10,578.00NoRack-MountedNoNo$3,526.00$3,526.00$10,578.00$2,137.645/1/1410.000$1.41Los Alamos817,9500.452131108250$352.60$1.412131008240$993.00$4.14

21402708/13/14Suarez, Marshall & Kathy6305 Kachina St NEBernalilloAffordable SolarReviewApproved11/14/14Public Service Company of New MexicoSingle Family ResidentialNoCenterwall, Ryan$35,196.00TrinaTrina 23548235$293.300PowerOnePVI-5000-TL X210.000$7,039.20$10,558.80NoRack-MountedNoNo$3,519.60$3,520.00$10,559.00$2,463.7211/14/1411.280$1.25Luna425,0950.16Statistics and Economic data from NM ECMD Solar Tax Credit Database April 9, 2015CY = Calendar year Jan. 1 through Dec. 312140270235$293.30$1.252121094240$967.50$4.03

21401034/10/14Johansen, James1500 Camino Amparo NWBernalilloAffordable SolarNew ApplicationApproved6/5/14PNMSingle Family ResidentialNoCenterwall, Ryan$35,146.00Canadian SolarCS6P-25040250$351.460Power-OnePVI-500010.000$7,029.20$10,543.80NoRack-MountedNoNo$3,514.60$3,515.00$10,544.00$2,130.736/5/1410.000$1.41McKinley271,4920.03Rev B 09-24-152140103250$351.46$1.412130596240$939.50$3.91

213058712/6/13Golis, Paul & Karen9600 Coneflower DriveBernalilloAffordable SolarNew ApplicationApproved1/2/14PNMSingle Family ResidentialNoCenterwall, Ryan$34,758.60Canadian SolarCS6P-25036250$386.210EnphaseM215-60-2LL-S237.740$6,951.72$10,427.58NoRack-MountedNoNo$3,475.86$3,476.00$10,427.58$2,107.241/2/149.000$1.54Mora34,8810.61319.2082399.1667642.07714954.92421521.02127442.7780000001

Most Common PV System Size In 2014

28

Most Common PV System Cost 2014

29

NM Residential Installations for 10 counties

Chart1

State AverageState AverageState Average

Dona AnaDona AnaDona Ana

Santa FeSanta FeSanta Fe

SandovalSandovalSandoval

TaosTaosTaos

GrantGrantGrant

BernalilloBernalilloBernalillo

ValenciaValenciaValencia

San MiguelSan MiguelSan Miguel

SocorroSocorroSocorro

Los AlamosLos AlamosLos Alamos

Year period Nov. 1 through Oct. 31

Year 2012

Year 2013

Year 2014

New Mexico Residential PV Systems per 1000 capita 2012 - 2014

0.5229894442

0.5258709287

0.4619980214

1.3717356904

1.7603161078

1.5543216697

0.885697023

0.8719652862

0.9200263649

0.8937948294

0.8193119269

0.7820704757

0.5468299055

0.4860710271

0.6987271015

0.6466984343

0.5445881552

0.340367597

0.6125478413

0.4754325094

0.3770671627

0.311405216

0.4152069547

0.4411573894

0.3412852804

0.4095423364

0.4095423364

0.3357018967

0.5035528451

0.2797515806

0.2195148721

0.4390297443

0.3841510262

2012

12 month period2012

November 1, 2011 toOct. 31 2012

Number of PV System Applications1090 records

Bernalillo411Total System Cost$30,559,157.75

Catron1Average System Cost$28,035.92

Chaves3

Cibola0Total Solar Panels21,479

Colfax1Average Solar Panels20

Curry1

De Baca0Total Inverter Capacity5,855.1 kW

Dona Ana293Average Inverter Capacity5.37 kW

Eddy0

Grant19Total Labor Spent$5,762,254.43

Guadalupe0Average per system labor$5,286.47

Harding0

Hidalgo0Total Approved State Tax Credit$3,012,021.48* crosses two years

Lea0Average per system Tax Credit$2,763.32

Lincoln3

Los Alamos4Total Gross Receipts Reduction$2,056,799.95

Luna4Gross Receipts reduction per system$1,886.97

McKinley0

Mora1

Otero19

Quay0

Rio Arriba9

Roosevelt1

Sandoval120

San Juan8

San Miguel10

Santa Fe129

Sierra1

Socorro6

Taos18

Torrance1

Union2

Valencia24

2013

12 month period2013





Chaves8



Curry0



Eddy2



Harding0

Hidalgo0Total Approved State Tax Credit$3,044,024.02* crosses two years


Lincoln5



McKinley0

Mora0

Otero17

Quay0

Rio Arriba9

Roosevelt1

Sandoval110

San Juan7

San Miguel12

Santa Fe127

Sierra5

Socorro9

Taos16

Torrance5

Union0

Valencia32

2014

12 month period2014





Chaves3



Curry0



Eddy2



Harding0

Hidalgo0Total Approved State Tax Credit$2,544,678.12* crosses two years, not all applications processed


Lincoln3



McKinley2

Mora2

Otero8

Quay0

Rio Arriba7

Roosevelt0

Sandoval105

San Juan5

San Miguel12

Santa Fe134

Sierra1

Socorro5

Taos23

Torrance1

Union0

Valencia34

Combo

Residential Systems Installed with NM Solar Tax Credit

12 month periods201220132014201220132014sum

November 1 to followingOct. 31 2012Oct. 31 2013Oct. 31 2014

Counties by Alphabetical orderCounty population - 2011 census

Bernalillo4113192536709680.6130.4750.3771.465

Catron12037330.2680.5360.0000.804

Chaves383658900.0460.1210.0460.212

Cibola000276580.0000.0000.0000.000

Colfax149136400.0730.2930.6601.026

Curry100496490.0200.0000.0000.020

De Baca00019450.0000.0000.0000.000

Dona Ana2933763322135981.3721.7601.5544.686

Eddy022541520.0000.0370.0370.074

Grant191610293800.6470.5450.3401.532

Guadalupe00046190.0000.0000.0000.000

Harding0007400.0000.0000.0000.000

Hidalgo00048610.0000.0000.0000.000

Lea010654230.0000.0150.0000.015

Lincoln353204540.1470.2440.1470.538

Los Alamos487182220.2200.4390.3841.043

Luna444252810.1580.1580.1580.475

McKinley002736640.0000.0000.0270.027

Mora10247730.2100.0000.4190.629

Otero19178657030.2890.2590.1220.670

Quay00090260.0000.0000.0000.000

Rio Arriba997404460.2230.2230.1730.618

Roosevelt110204460.0490.0490.0000.098

Sandoval1201101051342590.8940.8190.7822.495

San Juan8751282000.0620.0550.0390.156

San Miguel101212293010.3410.4100.4101.160

Santa Fe1291271341456480.8860.8720.9202.678

Sierra151119430.0840.4190.0840.586

Socorro695178730.3360.5040.2801.119

Taos181623329170.5470.4860.6991.732

Torrance151163450.0610.3060.0610.428

Union20044330.4510.0000.0000.451

Valencia243234770700.3110.4150.4411.168

State Average0.5230.5260.4621.511

State Totals10891095962

2082260

Combo

Year 2012

Year 2013

Year 2014

New Mexico Residential PV System installations-per-thousand-population for past three years Based upon Solar Market Development Tax Credit Data

Combo2

Residential Systems Installed with NM Solar Tax Credit

12 month periods201220132014201220132014sum

November 1 to followingOct. 31 2012Oct. 31 2013Oct. 31 2014

Counties ordered by solar installation per capita rankCounty population - 2011 census

State Average0.5230.5260.462

Dona Ana2933763322135981.3721.7601.5544.686

Santa Fe1291271341456480.8860.8720.9202.678

Sandoval1201101051342590.8940.8190.7822.495

Taos181623329170.5470.4860.6991.732

Grant191610293800.6470.5450.3401.532

Bernalillo4113192536709680.6130.4750.3771.465

Valencia243234770700.3110.4150.4411.168

San Miguel101212293010.3410.4100.4101.160

Socorro695178730.3360.5040.2801.119

Los Alamos487182220.2200.4390.3841.043

Colfax149136400.0730.2930.6601.026

Catron12037330.2680.5360.0000.804

Otero19178657030.2890.2590.1220.670

Mora10247730.2100.0000.4190.629

Rio Arriba997404460.2230.2230.1730.618

Sierra151119430.0840.4190.0840.586

Lincoln353204540.1470.2440.1470.538

Luna444252810.1580.1580.1580.475

Union20044330.4510.0000.0000.451

Torrance151163450.0610.3060.0610.428

Chaves383658900.0460.1210.0460.212

San Juan8751282000.0620.0550.0390.156

Roosevelt110204460.0490.0490.0000.098

Eddy022541520.0000.0370.0370.074

McKinley002736640.0000.0000.0270.027

Curry100496490.0200.0000.0000.020

Lea010654230.0000.0150.0000.015

Cibola000276580.0000.0000.0000.000

De Baca00019450.0000.0000.0000.000

Guadalupe00046190.0000.0000.0000.000

Harding0007400.0000.0000.0000.000

Hidalgo00048610.0000.0000.0000.000

Quay00090260.0000.0000.0000.000

State Average0.5230.5260.4621.511

State Totals10891095962

2082260

Combo2

Year 2012

Year 2013

Year 2014


Sheet1

New Mexico Residential PV System installations for past three years by countyBased upon Solar Market Development Tax Credit Data

State Totals

Year 2014

Year 2013

Year 2012

Year 2012

Year 2013

Year 2014


TOP 12 COUNTIES IN 2016January 1, 2016 through June 15, 2016

Counties Ranked by Number of

Solar Installations

Projects Approved by ECMD for

Calendar Year 2016

County population - 2010 census

Systems per 1000 capita

Sum of System Dollars Spent

by OwnersBernalillo 441 662,564 0.67 $12,100,080.08Santa Fe 172 144,170 1.19 $5,148,480.94Sandoval 156 131,561 1.19 $4,312,514.25Dona Ana 150 209,233 0.72 $3,964,005.40

Otero 30 63,797 0.47 $969,175.73Grant 27 29,514 0.91 $678,586.41

Valencia 26 76,569 0.34 $806,633.98Taos 23 32,937 0.70 $507,150.67Rio Arriba 10 40,246 0.25 $265,316.50San Juan 8 130,044 0.06 $179,269.16Los Alamos 6 17,950 0.33 $162,570.60Torrance 6 16,383 0.37 $182,029.92

Residential Solar Installations in New MexicoTax Year 2016

Data is complete as of August 01, 2016.

Census data from NM Economic Development s i te: www.gonm.biz/Census_2010.aspx

Statistics and Economic data from NM ECMD Solar Tax Credit Database August 01, 2016

Top Five Installers in New Mexico by Quantity of Systems Installed

2016 New Mexico Solar Market Development Tax

Credits

Ranking of the Top Five Contractors in the Leading NM Counties

Statewide County Rank 1 2 3 4 5

Rank Contractor Systems by ContractorSystem Value by

Contractor Top Ten Systems Count Bernalillo Santa Fe Sandoval Dona Ana Valencia

1 Positive Energy, Inc. 198 $6,161,231 189 73 60 13 40 3

2 Consolidated Solar Technologies 139 $3,995,718 127 59 35 28 0 5

3 Solar City 130 $3,100,883 129 65 6 33 23 2

4 Affordable Solar 121 $3,047,203 117 86 4 22 0 5

5 Sol Luna Solar, Inc. 50 $1,301,356 42 15 18 7 0 2

Chart is based upon the data entered into the SMDTC database as of August 01, 2016 for Tax Year 2016 and represents 100% of the approved applications for Tax Year 2016.

Total systems installed by the top Five Contractors in

New Mexico

Value of systems installed by the Top Five Contractors in

New Mexico

Total systems in the Top Five NM

Counties

Systems by County for Top

Ten Contractors>

298 123 103 63 17

638 $17,606,391 604$ Amount $8,053,073 $3,659,269 $2,986,587 $1,619,900 $505,896

Basic Residential Solar Statistics and Changes

Cumulative installed capacity 2008 - 2016: 39,779 kW Average system installed cost in 2016: $27,481.00

New Mexico Solar Market Development Tax Credit Statistics

Residential Installations CY 2009 CY 2010 CY 2011 CY 2012 CY 2013 CY 2014 CY 2015 CY 2016

Percent Change from 2009 to 2016

Residential Systems DC Power by year 319 kW 2,080 kW 5,243 kW 5,239 kW 6,566 kW 6,544 kW 7,117 kW 6,670 kW 2090%

Systems

Average System DC power 3.5 kW 4.6 kW 4.8 kW 4.9 kW 5.8 kW 5.8 kW 5.9 kW 5.6 kW 56.8%

Median System DC Power 3.1 kW 3.6 kW 3.7 kW 4.2 kW 4.9 kW 5.0 kW 5.0 kW 5.1 kW 64.8%

Modules

Median $ per watt $4.34 $3.25 $3.08 $2.35 $1.80 $1.60 $1.64 $1.50 -65.3%

Highest $ per watt $7.54 $15.70 $7.71 $8.80 $8.74 $6.96 $4.86 $5.67 -24.8%

Lowest $ per watt $2.64 $1.22 $1.14 $0.70 $0.65 $0.32 $0.50 $0.57 -78.5%

Statistics and Economic data from NM ECMD Solar Tax Credit Database July 7, 2016

CY = Calendar year Jan. 1 through Dec. 31

Rev NC August 15, 2016

NM Residential PV Summary The citizens of New Mexico have invested $200,104,119 in

residential solar systems in the past 8 years – 2008 to 2016. Over 380 firms are listed in our database as having

participated in a residential solar installation in the past 8 years.

$40,821,718 has been spent on local jobs over these past 8 years.

The systems have produced 145,642 MWhrs of electricity* to date.

The Residential Solar Tax Credit on PV systems has been fully subscribed for the last five years, and ended this year- 2016.

One third of the counties in New Mexico are not participating in this industry. This represents about 10% of the population.

The system trend is for the cost of the equipment to decline while the system size increases.

* assumptions: 1600 kWhrs /kW @ 0.69 efficiency and 1% degradation per year

PV and Wind Growth Projections for New MexicoUtility Scale

35

The possible renewable energy component of New Mexico’s electricity supply could be 48% by 2030 with a continuance of business as present and growth rates remaining steady.

Chart1

2015201520152015

2016201620162016

2017201720172017

2018201820182018

2019201920192019

2020202020202020

2021202120212021

2022202220222022

2023202320232023

2024202420242024

2025202520252025

2026202620262026

2027202720272027

2028202820282028

2029202920292029

2030203020302030

2015 New MexicoGeneration Capacity in Percent

Present Capacity2015 Utility 3% Solar, 8% Wind Residential Solar 1% based on EIA data

AssumptionsBusiness as present: ITC / PTC / STC in place RPS requirements extended

Solar 5 Yr learning rateWind 14 Yr learning ratebased upon Citi GPS ED2 2015

New Mexico EMNRD ECMD January 2016

% Solar

% wind

% Res Solar

Sum

Growth in New Mexico RenewablesNew Mexico forecast with compounded rate of growth

3

8

1

12

3.4461

8.3776

1.1487

12.9724

3.95853507

8.77302272

1.31951169

14.05106948

4.5471692349

9.1871093924

1.5157230783

15.2500017056

5.2233333001

9.6207409557

1.7411111

16.5851853559

6.0000429619

10.0748399288

2.0000143206

18.0748972113

6.8922493503

10.5503723735

2.2974164501

19.7400381739

7.9171268287

11.0483499495

2.6390422762

21.6045190544

9.0944035881

11.5698320671

3.0314678627

23.6957035179

10.4467414017

12.1159281407

3.4822471339

26.0449166762

12.0001718481

12.6877999489

4.0000572827

28.6880290797

13.7845974019

13.2866641065

4.5948658006

31.666127309

15.8343670356

13.9137946523

5.2781223452

35.0262840331

18.1889374138

14.5705257599

6.0629791379

38.8224423116

20.8936324072

15.2582545758

6.9645441357

43.1164311187

24.0005155461

15.9784441918

8.0001718487

47.9791315866

Sheet1

r =0.14870.04720.1487growth rates0.14870.0472

Year% Solar% wind% Res Solar% Solar% wind% Res SolarSumLogistic SolarLogistic WinddN/dT=rN(K-N)/K Losistic Equation

201520153813.08.01.012.03.08.0Solar20% CAGRDoubling every 5 yearsN= population

20163.48.41.113.03.48.3Wind7% CAGRDoubling every 14 yearsT= time period

20174.08.81.314.13.98.7r = biotic potential

20184.59.21.515.34.59.1K= saturation value

20195.29.61.716.65.19.5

202020206.010.12.018.15.89.9

20216.910.62.319.76.710.3

20227.911.02.621.67.610.7

20239.111.63.023.78.611.2

202410.412.13.526.09.811.7

2025202512.012.74.028.711.112.1

202613.813.34.631.712.612.6

202715.813.95.335.014.213.2

202818.214.66.138.816.013.7

202920.915.37.043.118.014.3

2030203024.016.08.048.020.214.8

203127.616.79.253.522.615.4

203231.717.510.659.725.216.1

203336.418.312.166.928.116.7

203441.819.213.974.931.117.3

2035203548.020.116.084.134.218.0

203655.121.118.494.637.618.7

203763.322.121.1106.541.119.4

203872.823.124.3120.144.720.2

203983.624.227.9135.648.420.9

2040204096.025.332.0153.352.121.7

2041110.326.536.8173.655.822.5

2042126.727.842.2196.759.423.3

2043145.529.148.5223.163.024.2

2044167.230.555.7253.366.525.1

20452045192.031.964.0287.969.825.9

Sheet1

2015 Generation Capacity

% Solar

% wind


Penetration2015 3% Solar, 8% Wind based on EIA data

Solar 5 Yr doubling rateWind 14 Yr doubling ratebased upon Citi GPS ED2 2015

2015 Generation Capacity

% Solar

% wind

Logistic Solar

Logistic Wind


Penetration2015 3% Solar, 8% Wind based on EIA data

2015 New MexicoGeneration Capacity in Percent

Present Capacity2015 Utility 3% Solar, 8% Wind Residential Solar 1% based on EIA data

AssumptionsBusiness as present: ITC / PTC / STC in place RPS requirements extended

Solar 5 Yr learning rateWind 14 Yr learning ratebased upon Citi GPS ED2 2015

New Mexico EMNRD ECMD January 2016

% Solar

% wind

% Res Solar

Sum


Grid Parity?

36

Grid parity (or socket parity) occurs when an alternative energy source can generate power at a levelized cost of electricity (LCoE) that is less than or equal to the price of purchasing power from the electricity grid. (Wikipedia)

Factors influencing grid parity:Cost of utility provided electricity (see http://www.electricitylocal.com/ )Costs to connect PV system (new – capacity charge)Cost of PV systemCost offsets for purchase of PV system (ITC, PTC, Tax credits)Cost offsets for system energy production (REC credits)Financing costsAvailable solar resourceSystem design and componentsSystem lifetimeSystem maintenance

http://www.electricitylocal.com/

NREL Grid Parity Map for 2015 ( 2009 projection)

37

Break-Even Cost for Residential Photovoltaics in the United States: Key Drivers and Sensitivities Paul Denholm, Robert M. Margolis, Sean Ong, and Billy Roberts Technical Report NREL/TP-6A2-46909 December 2009

Note: A lighter color would require a less-expensive solar system in order to break even.

The New Mexico Grid Parity ranges from $3-4 / W to over $6 / W. SPS (XCEL) territory requires the least expensive system, EPE territory is at grid parity with an expensive system.

Is New Mexico at Grid Parity?

38

SMDTC System all-in costs excludes ITC and NM SMD tax credits. NREL pricing includes tax credits.

All-in costs move this way with tax credits

Notes on chart:This a distribution of system costs for 2015 in New Mexico over-layedby the NREL chart box colors for the grid parity costs / watt. This is a somewhat apples & oranges comparison since the chart numbers are before tax credits and the NREL numbers are after tax credits. As noted on the chart, these systems costs would move to the right if the tax credits are included. An example is a $6.00 / Watt system when applying tax credits would appear as a $3.60 / Watt system on the NREL chart.

Grid Parity in New Mexico?YES!

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In the majority of the electrical energy provider’s service areas in New Mexico, Grid Parity has been achieved.

PV systems should be viewed as an economically attractive competitive alternative or a competitive complement to utility provided electricity.

See https://openpv.nrel.gov/breakeven for the NREL online tool to look at breakeven costs in your county. Also see http://www.electricitylocal.com/ for electricity pricing in your area.

https://openpv.nrel.gov/breakevenhttp://www.electricitylocal.com/

Daren Zigich505-476-3323

[email protected]



Geothermal Energy• Electric Power Generation (High

Temperature > 250o F)• Ground Coupled Geothermal Heat Pump

for heating and cooling• Direct Use Heating• Water Purification

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Geothermal Power Production• One operating geothermal power plant in NM. 4

MW current capacity with newly installed 3 MW additional capacity.

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Ground Coupled Geothermal Heat Pumps

• Geothermal heat pumps can be used to both heat and cool a building or home.

• Most energy efficient way to heat and cool a building or home with Energy Efficiency Ratios (EERs) over 16 Btu/watt-hour.

• 30% State and Federal income tax credit for residential units.

43


44


45

Direct Use Geothermal Energy

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Burgett Greenhouses (17 acres), Hidalgo County

Geothermal Energy for Water Purification

• The emerging technology of Membrane Distillation (MD) is potentially a good match for small-capacity systems powered by low-grade heat.

47

Energy RoadmapUS DOE Grant Proposal to Build on the 2015 New Mexico Energy Policy and Implementation Planfor Economic Development in New Mexico

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U.S. Department of Energy (DOE) Office of Indian Energy

www.energy.gov/indianenergyFunding Opportunity DE-FOA-0001621• $3 Million Total Funds: Awards of $50,000 to $250,000 • Establish baseline energy use and efficiency options• Develop energy organizations• Conduct climate resiliency planning• Establish policy, regulations, and codes to reduce energy

use or promote energy development• Obtain skills and training related to energy use and

development.

http://www.energy.gov/indianenergy

Thank You for Your Interest

50

Energy Conservation and Management Division

505-476-3315



��Renewable Energy and Energy Efficiency�Slide Number 2Slide Number 3Slide Number 4��Slide Number 6Slide Number 7Slide Number 8Wind and Solar Power Plant Capacity�~3,000 MW by 2017 �New Mexico Renewable Energy Production Tax Credit (REPTC)4,623 Energy Efficient Homes Built from 2007 - 2015Energy Efficiency in Public Buildings�~$2 Million Annual Savings2015 Governor’s Energy Policy & Implementation PlanSlide Number 13Energy Storage: �Saving energy in various forms to be able to use at a later time.�Pumped HydroSlide Number 16Pyrolysis units Batteries Powered by RenewablesBenefitsPicuris TribeSlide Number 21Slide Number 22Basic Solar PV System – Off GridBasic Solar PV System – On GridSlide Number 25Growth in NM Residential PV SystemsTrends in New Mexico PV System Size and Cost per WattMost Common PV System Size In 2014Most Common PV System Cost 2014NM Residential Installations for 10 countiesTOP 12 COUNTIES IN 2016Top Five Installers in New Mexico by Quantity of Systems InstalledSlide Number 33NM Residential PV SummaryPV and Wind Growth Projections for New Mexico�Utility ScaleGrid Parity?NREL Grid Parity Map for 2015 ( 2009 projection)Is New Mexico at Grid Parity?Grid Parity in New Mexico?�YES!Slide Number 40Geothermal EnergyGeothermal Power ProductionGround Coupled Geothermal Heat PumpsGround Coupled Geothermal Heat PumpsGround Coupled Geothermal Heat PumpsDirect Use Geothermal EnergyGeothermal Energy for �Water PurificationEnergy Roadmap US DOE Grant Proposal �to Build on the 2015 New Mexico Energy Policy and Implementation Plan�for Economic Development in New Mexico�� Thank You for Your Interest

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Mark Gaiser, Jeremy Lewis, Andrew Rodke & Daren Zigich … · Ranking. Net energy supplier to nation: 3; Total energy production. 10: Oil production. 5: Natural gas production. 7: