This document discusses solar photovoltaic (PV) power options for water interests. It provides an overview of an EPC (engineering, procurement, construction) company's qualifications and experience installing solar PV systems for various clients, including military bases, schools, and government facilities. Benefits of solar PV cited include leveraging tax incentives, public relations, education/community value, and long-term stable energy costs. Procurement options discussed are direct purchase, financing/leasing, and power purchase agreements. Population growth charts for Texas are also included.
27. Why Clients are Choosing PV
• Leverage Federal Tax Incentives & Private Capital
– 30% Investment Tax Credit
– Accelerated Depreciation (MACRS) ~25-30%
• Public Relations
• Local Utility Rebates
• Educational/Community Value
• LEED
• Relatively long term perspective on energy rates/costs
• Hedge Against Commodity Risk
– 20-25 year budget Transparency
• Lower Utility Costs
32. Procurement Paths
• Direct Purchase
– Up-front capital requirement
– High single/low double digit return on that capital
• Fi
Finance/Lease
/L
– Lease payment offset by utility cost savings
– Asset converts to site host at lease end
• Purchase Power Agreement
– 2 MW+ installed capacity – “break point” for pricing scale
MW break point
– $0.10-$0.12 per kWh fixed or with 2%-3% annual escalator
– 20-25 year term
– O&M Covered b O
C d by Owner/Operator
/O t