26
1 Solar 101 Presented by: Massachusetts Clean Energy Center August 20, 2014

Solar 101 - Franklin 8/20/14

Embed Size (px)

DESCRIPTION

The 'solar 101' presentation made at the Solar Challenge meeting held in Franklin, MA on Aug 20, 2014

Citation preview

Page 1: Solar 101 - Franklin 8/20/14

1

Solar 101

Presented by:

Massachusetts Clean Energy Center

August 20, 2014

Page 2: Solar 101 - Franklin 8/20/14

Introduction

Solar PV Basics

Solar PV Incentives and Economics

Outline

Page 3: Solar 101 - Franklin 8/20/14

MassCEC Statutory Mandate

Advance Clean Energy Technology

Create Jobs

Develop a Trained Workforce

Accelerate Deployment of Clean Energy

Page 4: Solar 101 - Franklin 8/20/14

4

Solar Photovoltaic (PV) Basics

Page 5: Solar 101 - Franklin 8/20/14

2 – 6 per year

COAL 1,8

Uranium 1,9

900 Total reserve

90-300 Total

Petroleum 1,8

240 total

Natural Gas 1,8

215 total

WIND1,2

Waves1,3

0.2-2

25-70 per year

OTEC1,4

Biomass 1,5

3 -11 per year

HYDRO 1,6

3 – 4 per year

TIDES 1 Geothermal1,7

0.3 – 2 per year

0.3 per year

16

FINITE ENERGY RESERVES

RENEWABLES

ANWR

© R. Perez et al.

World energy use 16 TW-yr per year ~ 475 exajoules ~ 460 Quads

Page 6: Solar 101 - Franklin 8/20/14

2 – 6 per year World energy use 16 TW-yr per year

COAL 1,8

Uranium 1,9

900 Total reserve

90-300 Total

Petroleum 1,8

240 total

Natural Gas 1,8

215 total

WIND1,2

Waves1,3

0.2-2

25-70 per year

OTEC1,4

Biomass 1,5

3 -11 per year

HYDRO 1,6

3 – 4 per year

TIDES 1

SOLAR10

23,000 per year

Geothermal1,7 0.3 – 2 per year

© R. Perez et al.

0.3 per year

ANWR

COAL 1,8

Uranium 1,9

Page 7: Solar 101 - Franklin 8/20/14

Power from the Sun

Every 88 minutes, enough sunlight reaches the Earth’s surface to power the world for a year

Every 112 minutes, more sunlight reaches the Earth’s surface than is stored in all the proven oil, coal, and natural gas reserves in the world

Page 8: Solar 101 - Franklin 8/20/14

Is There Enough Sun In MA?

Page 9: Solar 101 - Franklin 8/20/14

9

2.00

3.00

8.00

13.00

18.00

23.00

28.00

33.00

38.00

HI

AK

N

Y C

T V

T N

H

NJ

CA

M

A

ME RI

MI

DE

WI

MD

PA

D

C

US

NV

SC

O

H

CO

FL

A

L IL

NM

M

N

AZ

KS

GA

V

A

TX

NC

IA

IN

M

S M

O

TN

MT

SD

NE

UT

WV

W

Y O

R

OK

K

Y A

R

ND

ID

W

A

LA

2012 Avg Residential Electricity Prices (cents per kWh)

Massachusetts Residential Electricity Prices

Sources: EIA 2012 Data

MA homeowners had the 9th highest average electricity prices in 2012.

MA US

0

0.02

0.04

0.06

0.08

0.1

0.12

0.14

0.16

0.18

0.2

$/k

Wh

Pri

ce

Residential Electricity Rates

Page 10: Solar 101 - Franklin 8/20/14

10

Residential Project Trends

$-

$2.00

$4.00

$6.00

$8.00

$10.00

$12.00

$14.00

0

500

1000

1500

2000

2500

3000

3500

Inst

alle

d C

ost

($

/wat

t)

Nu

mb

er

of

Pro

ject

s (1

5 k

W &

sm

alle

r) In

stal

led

Page 11: Solar 101 - Franklin 8/20/14

2006

Page 12: Solar 101 - Franklin 8/20/14

2013

Page 13: Solar 101 - Franklin 8/20/14

13

What makes a good site?

http://energy.ltgovernors.com/solar-energy-pv-systems-self-generation-make-your-own-power.html

• Southern exposure •PV panels angled 30˚ – 45˚ • At least 4-6 hours of direct sunlight • Open roof area of ~100 sq ft per 1 kW • Open space for a ground or pole mounted system

Page 14: Solar 101 - Franklin 8/20/14

How Does Solar a PV System Work?

Grid-connected projects can apply for Net Metering (utility meter spins backwards)

Power outage: Inverter shuts down, unless a battery-back up system is installed

Page 15: Solar 101 - Franklin 8/20/14

15

Shading of Solar PV Systems

Initial site feasibility can be

determined online through

aerial images

A shading analysis should be

performed for each feasible

project site

Solmetric SunEye

Solar Pathfinder

Page 16: Solar 101 - Franklin 8/20/14

16

Aerial photos

4.

1. 2. 3.

5.

Page 17: Solar 101 - Franklin 8/20/14

17

What adds costs to an installation?

Structural

• Reinforce Rafters

• Split Arrays/ Multi Roof

• Metal Roof

• Steep Roof

Electrical

• Service Change

• Supply Side Tap

Other

• Ground-mounted System

• Data Acquisition System

• Extended Warranty

• Increased shading

Common Cost Adders

Page 18: Solar 101 - Franklin 8/20/14

Introduction

Solar PV Basics

Solar PV Incentives and Economics

Outline

Page 19: Solar 101 - Franklin 8/20/14

High electricity prices + Reduced Solar PV Costs +

Numerous Incentives = Economical solar projects

Solar Incentives in Massachusetts

www.house-power.com/blog/wp-content/uploads/2009/12/iStock_000009001180XSmall.jpg

Incentives

Tax Incentives: Federal (30%)

State (15% up to $1,000)

Rebates from MassCEC

Net Metering

SREC Sales

Low/No money down options

Page 20: Solar 101 - Franklin 8/20/14

Quarterly funding blocks

$1.5 million available

Residential, commercial, non-

profit & public solar PV

systems ≤ 15 kW

Rebate capped at 5 kW

Proposed rebate ranges from

$1,250 to $3,500 for 5kW

system

Rebate covers ~5% of Installed

Cost

Commonwealth Solar II Rebate Program

Block 19 Rebate Levels ($ per watt (DC @ STC))

Base Incentive $0.25

PLUS:

Massachusetts Company Component Adder $0.05

Moderate Home Value Adder OR Moderate Income Adder ≤ 120% of MA median income (only residential projects eligible)

$0.40

Natural Disaster Relief Adder $1.00

Go to www.MassCEC.com/solar to learn more.

Page 21: Solar 101 - Franklin 8/20/14

MassCEC Rebate Program (cont.)

County Property Value

Berkshire, Franklin, Hampden, and Hampshire ≤ $300,000

Bristol, Suffolk, Worcester ≤ $350,000

Barnstable, Duke, Essex, Middlesex, Nantucket, Norfolk, and Plymouth

≤ $400,000

Income Category Income Levels

Individual Income ≤ $75,810*

Domestic Unit Income ≤ $95,420*

Moderate Home Value Adder Criteria

* 120% of median household income as determined by the US Census Bureau

Moderate Income Adder Criteria

Page 22: Solar 101 - Franklin 8/20/14

Experienced Installer

Minimum Technical Requirements

Equipment must meet certain standards

Required warranties

− Panels have 20 year warranties

− Inverters have 10 year warranties

− 5 year workmanship warranty

80% of optimal system production

MassCEC Rebate Program (cont.)

Page 23: Solar 101 - Franklin 8/20/14

Solar Renewable Energy Certificates (SRECs)

Electricity Pathway • Electrons from all

generation sources are

physically the same

• Cannot be tracked

independently on the

grid

SRECs Pathway • SRECs represent the

“green” attributes of the

renewable generation source

• Utilities are required to

purchase SRECs every year

• 1 SREC = 1,000 kWh

• Verified SRECs ensure

that only one buyer can

claim each SREC

Electricity and SRECs can be, and often are, sold

separately

Page 24: Solar 101 - Franklin 8/20/14

24

SRECs (cont.)

Will be able to sell SRECs for 10 years

Likely sell from $285 - $199 per SREC

Work with aggregator or broker to help with the sale

Monthly production reported to MassCEC’s

Production Tracking System (PTS)

SREC II Program began accepting new applications in

early May 2014

Page 25: Solar 101 - Franklin 8/20/14

Outright purchase

Third party ownership

Ownership Models

Page 26: Solar 101 - Franklin 8/20/14

Elizabeth Youngblood

Project Manager, Solar Programs

[email protected]

Learn more at

www.MassCEC.com

Thank You! - Questions?