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HomeMy WebLinkAbout2015.03.16 CC PowerPoint Community Solar GardenCommunity Solar Garden in Hugo Minnesota Solar Energy Legislation • In 2013 the state enacted the Community Solar Program to significantly increase the production of clean energy • Public utilities must dedicate a minimum of 1.5% solar energy production by 2020 (450 Mws) • Solar Investment Tax Credit • 30% federal tax credit • Expires in 2016 pager to alternating current (AC) power Solar -related businesses have approached Hugo 1. To build a Community Solar Garden 2. To subscribe Hugo to solar power • Reduced electric rates SolarStone has made a specific proposal to the City 1. Build solar panels on 40 acre parcel, west of post office • Owned by the City 2. Subscription agreement to provide solar power to the City q it Ilk e. - tz, 41 MV to r • The property consists of wetlands • Unbuildable open space • SolarStone claims wetland laws allow for construction of solar panels • Although property is public land, it is not designated as a park City -Owned Property • Approximately 40 acre piece of land • The City would receive land lease payments from SolarStone for up to 35 years • It requires approximately 5 acres to produce 1 MW of power • $25 million dollars to construct 1 MW of power • Solar gardens can produce up to 5MW of energy per site • About 20,000 panels • $125 million dollar project Y • v."� �y y L' How it works: 1) Subscribers sign up for a 25 year period with a fixed electrical rate • (Average electrical rates historically increase 2-4% on average per year) 2) SolarStone produces energy 3) Xcel pays SolarStone for this energy 4) SolarStone sends subscribers their electrical usage 5) Subscribers pay Solarstone a lower rate per KW/h than Public Utilities generally charge 6) Xcel sends subscribers bill credit Benefits • Energy Savings • Tax, on generation of energy, for Washington County and Hugo • City receives lease payments • New option for Hugo residents Hugo gets to be a part of the renewable energy technique of using solar Options/Discussions 1. Negotiate agreements with SolarStone • Contract to lease city property • Subscriber agreement to buy solar power 2. Identify other solar companies • Solicit proposals 3. Discourage use of city land for this purpose