when will hb57 benefit solar in georgia? susan kidd executive director, center for sustainability...
TRANSCRIPT
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