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When will HB57 benefit solar in Georgia?
Susan KiddExecutive Director, Center for
Sustainability Agnes Scott College
Southern Solar Summit PanelSeptember 10, 2015
Mission & motivation for a non-profiteducational institution
• “Living honorably” – do the right thing
• Dual mission of climate neutrality & education (relates to acceptable risk)
• Long term view in terms of both utility budget & sustainability
What we are looking for?
• Competitive pricing• Agreeable timeframe• Cooperative effort with staff
(facilities, business office, sustainability)
• Outreach to students and surrounding community
Solar ProjectsFive completed projects before HB
57• Observatory Roof* 6kW • Science Center 21kW• Facilities Roof 100kW• Parking Deck 93kw• Soccer/Tennis Court 19kW TOTAL: 239kW*Funded by college’s Green Revolving
Fund
Solar Investor Model
• 4 projects are investor financed– Renewable energy credits (RECs) held
by college– Investors receive all tax credits &
accelerated depreciation– Guaranteed cash flow from GPASI– College anticipates eventual ownership