Item 5- RCA: CBI Eanes ISD — original pdf

Backup

..De Posting Language ..Title Approve issuance of capacity-based incentives to Eanes Independent School District, for installation of solar electric systems on their facilities located at 2 Walsh Tarlton Lane, 304 Camp Craft Road, 1300 Walsh Tarlton Lane, 1201 S Capital of Texas HWY NB, in an amount not to exceed $848,830. Lead Department Austin Energy Fiscal Note Funding in the amount of $848,830 is available in the Fiscal Year 2023-2024 Austin Energy Operating Budget. Prior Council Action: For More Information: Amy Everhart, Director Local Government Issues (512) 322-6087; Tim Harvey, Customer Renewable Solutions Manager (512) 482-5386 Council Committee, Boards and Commission Action: July 15, 2024 – To be reviewed by the Electric Utility Commission. July 16, 2024 – To be reviewed by the Resource Management Commission. Additional Backup Information: Austin Energy requests approval to issue these capacity-based incentives (CBI) to the Customer for the installation of solar electric systems at their facilities to produce renewable energy for on-site consumption. The table below provides a summary of the combined system sizes, costs, proposed incentives, and environmental benefits: Solar System Details* Total System Size (kW-DC) Total System Size (kW-AC) Annual Estimated Production (kWh) Total System Cost ($) Total Incentive ($) Percent of Cost Covered Reduction of Carbon Dioxide (CO2) in tons Reduction of Sulfur Dioxide (SO2) in pounds Reduction of Nitrogen Oxide (NOX) in pounds Equivalency of Vehicle Miles Driven Equivalency of Cars on Austin Roadways Equivalency of Trees Planted Equivalency of Forest Acreage Added 943 783 1,371,105 $1,646,282 $848,830 52% 613 686 960 1,422,274 132 9,195 Environmental Benefits** and Emission Reduction Equivalencies*** *All solar equipment meets Austin Energy program requirements ** Environmental Benefits based on the US Energy Information Association’s state-wide electricity profile *** According to the Environmental Protection Agency (EPA)’s Greenhouse Gas Equivalency Calculator 649 Eanes Independent School District (ISD) is comprised of six elementary schools, two middle schools, one high school, and one adult transition services program. Eanes ISD serves approximately 7,800 students. Proposed Solar Projects Incentive Rate ($/W) System Cost Austin Energy Incentive Generation kWh/yr System Size kW DC System Size kW AC Energy Offset $0.90 $317,467 $163,687 260,549 151 74% $0.90 $203,179 $104,760 173,146 97 124% $0.90 $526,258 $271,341 440,861 250 97% 182 117 302 $0.90 $599,378 $309,042 496,549 344 285 80% Site Address 2Walsh Tarlton Ln Austin, TX, 78746 304 Camp Craft Rd West Lake Hills, TX, 78746 1300 Walsh Tarlton Ln Austin, TX, 78746 1201 S Capital of Texas Hwy NB West Lake Hills, TX, 78746 The purpose of the Austin Energy Solar PV CBI Program is to expand adoption of solar by nonprofit organizations by helping to offset the capital investment. Under this program, customers who qualify as nonprofit entities are eligible to receive $0.90/W-DC up to $433,800 per interconnection. Per program guidelines, the installation is expected to continue producing for a minimum of 20 years or may be subject to repay the incentive at a pro-rated amount if it stops producing for any reason short of the stated minimum. This project will advance the stated goals of expanding locally sited solar, carbon reduction, and resiliency.