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Using Solar Energy to Generate Wealth in Lower Income Communities… …Solar Garden Roof Systems in the District of Columbia CONFIDENTAL; This communication, along with any documents, files or attachments, contains privileged and confidential information. It is meant only for parties authorized by Prospect Solar and Prospect Waterproofing. If you are not an intended recipient, you are hereby notified that dissemination, distribution or copying of any information in or attached to this communication is strictly prohibited. If you have received this in error, please notify the sender immediately and destroy the original communication and its attachments without reading, printing or saving in any manner.

Jon Hillis | Innovation Showcase | 2014 Solar Symposium

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This is an Ignite Style presentation (five minute max presentations with slides that automatically advance every 15 seconds) that was a part of the 2014 Solar Symposium Innovation Showcase. Jon Hillis, Vice President, Prospect Solar Combining Solar with Green Roofs: Find out how Green Roof Integrated PV in urban areas like DC can take advantage of the symbiotic relationship between solar panels and green roof plants, alleviate competition for roof space, and address energy concerns and storm water drainage issues that are prevalent in larger cities.

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Page 1: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

Using Solar Energy to Generate Wealth

in Lower Income Communities…

…Solar Garden Roof Systems in the District of

Columbia

CONFIDENTAL; This communication, along with any documents, files or attachments, contains privileged and confidential information. It is meant only for parties authorized by Prospect Solar and Prospect Waterproofing. If you are not an intended recipient, you are hereby notified that dissemination, distribution or copying of any information in or attached to this communication is strictly prohibited. If you have received this in error, please notify the sender immediately and destroy the original communication and its attachments without reading, printing or saving in any manner.

Page 2: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

District of Columbia has installed over 2 million square feet of green roofing.

1st among US cities when compared to available roof space.

Additional 2 million square by 2018. Grants and other funding available for

green roof installations.

Green Roofing In DC

Page 3: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

30% Federal ITC, SREC market, and new legislation regarding property tax and community solar, make DC an excellent solar market.

Sustainable DC plan includes 20% of renewable energy by 2023, 2.5% coming from solar.

Potential for 19% of electricity generated from rooftop solar PV systems in DC.

Competition for roof space between green roofing and solar.

Solar in DC

Page 4: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

Green roof is integrated with solar. Solar racking system is integral with the

drainage/retention layer of the green roofing.

What is a Solar Garden Roof?

Solar installed over green roofing Solar Garden Roof

Page 5: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

Solar over green roofing Uses penetrating racking system which is more expensive

(about $0.35/Watt). Reduced life span of roof system compared to ballasted

racking system. Solar panels receive minimal benefit from the micro-climate

the plants create at the roof level.

Page 6: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

Solar Garden Roof Soil ballasts the water retention/racking system without

penetrations. Hot rubberized asphalt roof membrane is utilized with life

span 2-3 times that of conventional roofing. Creates a cooler surrounding micro-climate. Modules

operate up to 10% more efficiently.

Page 7: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

Installation sequence…

1. Remove insulation and inspect/repair and install HDPE root barrier.2. Reinstall insulation.3. Install moisture retention mat and air layer.4. Install water retention and PV racking modules.

5. Install system filter fabric.6. Install soil and gravel drainage.7. Install plants.

Page 8: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

Meet the goals of the Renewable Portfolio Standard.

Increase low-income resident ownership of solar. Majority of low-income residents in DC are not in

living situations where they can own solar at their premises.

Storm water retention requirements creates competition for rooftop space.

Why a Solar Garden Roof? Why Green Roofing? Issues in DC…

Page 9: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

Renewable portfolio standard and Solar Renewable Energy Credits (SRECs) market.

Stormwater Retention Credit Trading Program (SRCs) through DDOE.

Community Renewable Energy Act (CREA). Property Assessed Clean Energy (PACE).

DC policy as model for urban areas…

Page 10: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

Solar Garden Roof systems installed on…Multi-family dwellingsNon-profit organizationsUniversities and institutionsOffice buildingsGovernment buildings

Opportunities created by policy…

Page 11: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

SRECsSRCsPACEThird party ownership and Power Purchase

Agreements (PPAs)

…can be financed using…

Page 12: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

…to provide solar ownership for low-income residents through the Community Renewable Energy Act or

Community Solar.

Page 13: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

Roof area Solar capacity Energy production Unit cost for green roof components ($/SF) Unit cost for solar ($/watt) Value of SRECs generated Value of SRCs generated Grants available Financing costs Date of installation – SREC pricing will vary

Design variables for financial evaluation…

Page 14: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

Roof condition and existing warranty Structural capacity of existing roof deck Wind uplift Shading and orientation for solar array(s) Potential future use of roof area Storm water retention capacity created Financing capacity created

Other design considerations…

Page 15: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

Sample project…

Page 16: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

System details…

Page 17: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

Roof area – 10,000 SF Solar capacity – 51,740 watts Energy production – 63,438 kWh/year Unit cost for green roof components - $20.00/SF Unit cost for solar ($/watt) - $2.80/watt Grants available - $0 Interest rate – 5% Amount to finance - $344,872 Date of installation – 1/01/15 SRC value - $2.27 per SRC (1 SRC/SF/Year estimated to be

generated) Owner is for-profit commercial property

Project parameters…

Page 18: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

Estimated project economics…

Page 19: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

Net cash flow after 25 years does not take into account energy production after year 25.

$2.27 price per SRC is very speculative as the market is new.

Analysis provided is for a for-profit commercial property owner.

Additional savings if racking system and soil are included in the cost basis to determine federal tax credit.

DDOE/AWS Green Roof Rebate program considerations.

Other considerations…

Page 20: Jon Hillis | Innovation Showcase | 2014 Solar Symposium

Solar Garden Roofs should be considered on new development projects in DC.

Should be considered on re-roofing projects as well. Installation of a Solar Garden Roof after completion

of the green roofing greatly increases cost. These retrofits can be cost prohibitive. These systems, funded through SRECs, SRCs, and

PACE, provide an excellent method to bring community solar to low-income residents in the District of Columbia.

Summary

Thank you!