Program Overview Houtan Moaveni March 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

Soft Costs

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

What are the Soft Costs?

Operations

& Maintenance

Installation

& Performance Interconnection

Customer Acquisition

Permitting

&

Inspection

Financing

&

Contracting

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

The path to grid parity

9

• 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 Developers Schools

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

Education & Community

Outreach

Procurement Process and

Project Implementation

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

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

• Educational webinar series

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

How can K-Solar assist 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

• Feel free to contact us if you have any questions.

– Houtan Moaveni

• Email: houtan.moaveni@nypa.gov

• Tel: 914-287-3209

Questions