Item 2- RCA: Eanes ISD CBI — 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 3301 Pinnacle Road, 1110 Westbank Drive, 4100 Westbank Drive, 1203 S Capital of Texas HWY NB, 6401 Cedar Street, 601 Camp Craft Road, 4100 Westbank Drive, 1314 Patterson Road, 9201 Scenic Bluff Drive, in an amount not to exceed $2,725,127. Lead Department Austin Energy Fiscal Note Funding in the amount of $2,725,127 is available in the Fiscal Year 2023-2024 Austin Energy Operating Budget. Prior Council Action: August 29, 2024- Council approved issuance of capacity-based incentives to Eanes Independent School District, for installation of solar electric systems on their facilities located at 2 Walsh Tarlton Lane, 304 Camp Craft Road, 1300 Walsh Tarlton Lane, 1201 S Capital of Texas HWY NB. For More Information: Amy Everhart, Director Local Government Issues (512) 322-6087; Tim Harvey, Customer Renewable Solutions Manager (512) 482-5386. Council Committee, Boards and Commission Action: September 9, 2024 – To be reviewed by the Electric Utility Commission. September 17, 2024 – To be reviewed by the Resource Management Commission. Additional Backup Information: Austin Energy requests approval to issue these capacity-based incentives (CBI) to the Customer for the installation of solar electric systems at their facilities to produce renewable energy for on-site consumption. The table below provides a summary of the combined system sizes, costs, proposed incentives, and environmental benefits: Solar System Details* Total System Size (kW-DC) Total System Size (kW-AC) Annual Estimated Production (kWh) Total System Cost ($) 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 3,809 3,162 5,590,868 $6,928,832 $2,725,127 40% 2,499 2,795 3,914 Environmental Benefits** and Emission Reduction Equivalencies*** Equivalency of Vehicle Miles Driven Equivalency of Cars on Austin Roadways Equivalency of Trees Planted Equivalency of Forest Acreage Added *All solar equipment meets Austin Energy program requirements ** Environmental Benefits based on the US Energy Information Association’s state-wide electricity profile *** According to the Environmental Protection Agency (EPA)’s Greenhouse Gas Equivalency Calculator 5,798,145 540 37,486 2,647 Eanes Independent School District (ISD) is comprised of seven elementary schools, two middle schools, four high schools, and one adult transition services program. Eanes ISD serves approximately 7,800 students. Proposed Solar Projects Incentive Rate ($/W) System Cost Austin Energy Incentive Generation kWh/yr System Size kW DC System Size kW AC Energy Offset $0.80 $252,315 $115,640 211,372 145 120 50% Site Address 3301 Pinnacle Rd West Lake Hills, TX 78746 1110 Westbank Dr West Lake Hills, TX 78746 4100 Westbank Dr West Lake Hills, TX 78746 1203 S Capital of Texas Hwy NB West Lake Hills, TX 78746 6401 Cedar St Austin, TX 78746 601 Camp Craft Rd West Lake Hills, TX 78746 4100 Westbank Dr West Lake Hills, TX 78746 1314 Patterson Rd Austin, TX 78733 9201 Scenic Bluff Dr Austin, TX 78733 $0.80 $259,053 $118,728 214,199 148 123 101% $0.80 $451,078 $206,736 382,260 258 214 80% $0.80 $922,239 $358,512 656,598 448 372 100% $0.80 $837,267 $383,732 716,912 480 398 89% $0.80 $840,365 $385,152 713,486 481 400 76% $0.80 $902,654 $385,542 746,210 517 429 53% $0.80 $1,101,714 $385,542 800,089 $0.80 $1,362,146 $385,542 1,149,742 551 780 457 648 100% 100% 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 $0.80/W-DC up to $385,542 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.