3. Presentation on Solar for All program and the Solar Standard Offer — original pdf

Backup

Austin Energy’s Solar For All Tim Harvey Customer Renewable Solutions 9/25/2024 © 2022 Austin Energy Solar Standard Offer Adds Capacity to Community Solar Palmer Event Center AUS Blue Garage Carports La Loma Community Solar Farm 2 Solar Standard Offer Format Customer Sited Solar System Owner & Site Host Community Solar Austin Energy Pays System Owner 3 Solar Standard Offer Desired Outcomes Community Solar Expansion Self-sustaining, scalable and replicable Community Solar model. Environmental Stewardship Increase local renewable energy production. Customer Satisfaction Increase solar developer participation and community solar subscriptions. Access, Equity & Affordability Enable solar access and bill savings for low-income customers. 4 Solar For All Grant (SFA) Grant Purpose Through Solar for All, the Greenhouse Gas Reduction Fund will transform the status quo, putting billions of dollars of solar panels on the homes of low-income families and closing the equity gap in access to solar energy. EPA Funded $7B and 60 Awards, Texas Coalition awarded $250M, Austin Energy targeting $34M Currently in negotiation phase to solidify AE’s allotment Benefits • Workforce Development • Equitable Access to Solar • Resilience Benefits • Low-Income Household Savings • Community Ownership • Environmental Benefits 5 Solar for All Meaningful Benefits of Residential Distributed Solar Environmental: Solar energy offsets the need for carbon emitting power sources Household savings: delivering a minimum of 20% electricity bill savings to allow- income households participating in Community Solar through the program Equitable access to solar: ensuring the program increases access to solar generation for low-income and disadvantaged communities Resilience benefits: creating capacity to deliver power to low-income & disadvantaged households during a grid outage Community ownership: facilitating ownership models allowing for disadvantaged communities and households to own assets with no upfront investment Workforce development and entrepreneurship: investing in high-quality jobs & businesses in low-income and disadvantaged communities 6 Austin Energy’s Solar for All Program Targets and Benefits 20 MW of distributed rooftop solar PV 35 MW / 40 MWh of distributed battery storage • Sited primarily on single-family homes and affordable multifamily in DACs • 2,500 single-family properties • 50 Multifamily, Non-Profit and Community Services Facilities • Add 3,000+ subscriptions to Community Solar Program 7 Questions and Suggestions ©2019 Austin Energy. All rights reserved. Austin Energy and the Austin Energy logo and combinations thereof are trademarks of Austin Energy, the electric department of the City of Austin, Texas. Other names are for informational purposes only and may be trademarks of their respective owners.