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Enriching Your Community
With:
COMMUNITY VIRTUAL
SOLAR GARDENS
DEVELOPING AND FINANCING
RENEWABLE ENERGY AND ENERGY
EFFICI...
DEVELOPING
AND FINANCING
RENEWABLE
ENERGY AND
ENERGY
EFFICIENCY
PROJECTS
NATIONWIDE.
What is a CGE
Community Virtual Solar...
DEVELOPING
AND FINANCING
RENEWABLE
ENERGY AND
ENERGY
EFFICIENCY
PROJECTS
NATIONWIDE.
In New York…
Our Community Virtual So...
DEVELOPING
AND FINANCING
RENEWABLE
ENERGY AND
ENERGY
EFFICIENCY
PROJECTS
NATIONWIDE.
Our Community Virtual Solar Garden Pr...
DEVELOPING
AND FINANCING
RENEWABLE
ENERGY AND
ENERGY
EFFICIENCY
PROJECTS
NATIONWIDE.
Our Community Virtual Solar Garden Pr...
DEVELOPING
AND FINANCING
RENEWABLE
ENERGY AND
ENERGY
EFFICIENCY
PROJECTS
NATIONWIDE.
Our Community Virtual Solar Garden Pr...
DEVELOPING
AND FINANCING
RENEWABLE
ENERGY AND
ENERGY
EFFICIENCY
PROJECTS
NATIONWIDE.
Our Community Virtual Solar Garden Pr...
For a CVSG Host Organization…
it’s ‘no-cost’, all Upside
o No Upfront Capital Expense to ‘Go Solar’
o Immediate Reduction ...
For a CVSG Subscriber…
it’s simple
o Can Purchase Panel Rights for up to 100% of Annual Electric Usage
o Pays in full, or ...
For the CVSG Community…
everyone wins
o Brings solar accessibility to the 75% of people who are not able to
participate (s...
The Real Community Owned Solar ‘Difference’
Traditional 3rd
-
Party Owned
Solar
Community Owned Solar
Garden
Size of the A...
Community Virtual
Solar Gardens
Not Just a Solar Project… Sustainable, Economic
Development
Community Virtual Solar Gardens
Go Community Green… BETTER!
262.248.0927
COMMUNITYGREENENERGY.com
In Partnership with
914....
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EE Reports community_solar_gardens

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Community Virtual Solar Gardes

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EE Reports community_solar_gardens

  1. 1. Enriching Your Community With: COMMUNITY VIRTUAL SOLAR GARDENS DEVELOPING AND FINANCING RENEWABLE ENERGY AND ENERGY EFFICIENCY PROJECTS NATIONWIDE.
  2. 2. DEVELOPING AND FINANCING RENEWABLE ENERGY AND ENERGY EFFICIENCY PROJECTS NATIONWIDE. What is a CGE Community Virtual Solar Garden Program Centrally-located solar photovoltaic (PV) system that: o Is installed at a favorable (sunny) Host site o Shares the electricity production benefits with local subscribers purchasing ‘rights’ o Continues to benefit everyone locally… part of the “sustainable community’
  3. 3. DEVELOPING AND FINANCING RENEWABLE ENERGY AND ENERGY EFFICIENCY PROJECTS NATIONWIDE. In New York… Our Community Virtual Solar Garden Program Works Like This… 1.) A suitable host site (or sites) for the Community Virtual Solar Garden (‘CVSG’) is selected. Can be: o Municipal Facility roof/ground space o School Building/Grounds o Private Non-Profit Host Site o Commercial Host Site
  4. 4. DEVELOPING AND FINANCING RENEWABLE ENERGY AND ENERGY EFFICIENCY PROJECTS NATIONWIDE. Our Community Virtual Solar Garden Program Works Like This… 2.) Host site agrees to buy all the solar electricity under a 20 Year Power Purchase Agreement (‘PPA’): oBelow current supply rate oLow fixed annual inflation rate (below average utility inflation rate)
  5. 5. DEVELOPING AND FINANCING RENEWABLE ENERGY AND ENERGY EFFICIENCY PROJECTS NATIONWIDE. Our Community Virtual Solar Garden Program Works Like This… 3.) Host then ‘sponsors’ the solar array as a CVSG and the array becomes a ‘shared solar’ project, offering subscriber participation to: o Area residents o Small businesses
  6. 6. DEVELOPING AND FINANCING RENEWABLE ENERGY AND ENERGY EFFICIENCY PROJECTS NATIONWIDE. Our Community Virtual Solar Garden Program Works Like This… 4.) During development/construction, CGE: oDesigns, constructs, finances solar array oContracts a PPA with Sponsor Host oAdministers and Secures Available Incentives/Grants oPromotes, Obtains and signs local subscribers oBrings CVSG into operation
  7. 7. DEVELOPING AND FINANCING RENEWABLE ENERGY AND ENERGY EFFICIENCY PROJECTS NATIONWIDE. Our Community Virtual Solar Garden Program Works Like This… 5.) During Commercial Operation CGE: o Operates and maintains the CVSG equipment o Administers billing/collecting of the 20 Year Host PPA o Distributes cash payments from all net PPA revenues to Subscribers o Sells all SRECs and distributes cash payments from net proceeds to Subscribers ALL the monetary benefits multiply and stay in your community!
  8. 8. For a CVSG Host Organization… it’s ‘no-cost’, all Upside o No Upfront Capital Expense to ‘Go Solar’ o Immediate Reduction in Electricity Rate with Savings that Grow Annually… to as much as 30% in Later Years of PPA o Organization’s Environmental and Sustainability Goals Served o P/R as Sponsor of a Community Shared Solar Project
  9. 9. For a CVSG Subscriber… it’s simple o Can Purchase Panel Rights for up to 100% of Annual Electric Usage o Pays in full, or finances, a Subscriber Panel Cost Per Watt for Project Term (20 Years) o Receives Cash Payments from Panel Production and SREC Sales to offset monthly electric bills. o Subscription Follows YOU, where ever you may move.
  10. 10. For the CVSG Community… everyone wins o Brings solar accessibility to the 75% of people who are not able to participate (shaded, rent, cost, etc.), at a a cost up to 35% less. o Engages community in achieving affordable, shared goals from a true community project for sustainable, local, economic development. o CVSG built using local installers and professionals o Local ownership matters since all the future monetary benefits generated remain in your community.
  11. 11. The Real Community Owned Solar ‘Difference’ Traditional 3rd - Party Owned Solar Community Owned Solar Garden Size of the Array(s) 500kW 500kW Annual Electricity Production (kWh) 640,000 640,000 Initial Cost of Electricity ($/kWh) $0.15 $0.15 PPA Term 20 Years 20 Years Escalation Rate 2% 2% Total Cost of Electricity Over Term $2,218,000 $2,218,000 Est. SREC Revenue Over Term TBD TBD Money Redistributed to Local Owners (Community) Over Term $0.00 $1,890,000 (Net Electricity PPA Revenue/SREC)
  12. 12. Community Virtual Solar Gardens Not Just a Solar Project… Sustainable, Economic Development
  13. 13. Community Virtual Solar Gardens Go Community Green… BETTER! 262.248.0927 COMMUNITYGREENENERGY.com In Partnership with 914.391.4382 EEreports.com - CVSG@EEreports.com

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