Board Of Aldermen - Minutes - 8/6/2019 - P53

By dnadmin on Sun, 11/06/2022 - 22:37

Municipal Solar Financing

Challenge: Cities Cannot Access Solar Incentives

* Solar investment tax credit/depreciation only apply to tax liability
* Outright purchase would typically require 15-20 year payback
¢ Many cities cannot afford up-front cost or cash flow impact

Solution: Solar Power Purchase Agreement (PPA)

¢ City licenses roof/land to third-party finance partner for solar
¢ Finance partner builds, owns, and operates solar array for 5+ years
« Finance partner sells power from solar to City at a discount

Board Of Aldermen - Minutes - 8/6/2019 - P48

By dnadmin on Sun, 11/06/2022 - 22:37

REC

SOLAR'S MOST TRUSTED

330 We = Power

? O YEAR PRODUCT
WARRANTY
O 7, ANNUAL DEGRADATION OVER
7/0 25-YEAR POWER WARRANTY

Three Phase Inverter
with Synergy Technology

for the 208V Grid for North America

SE43.2KUS

Specifically designed to work with power optimizers

# Easy two-person installation - each unk
mounted separately, equipped with cables
for simple connection between units

# Balance of System and labor reduction
compared to using multiple smalier string
inverters

Board Of Aldermen - Minutes - 8/6/2019 - P47

By dnadmin on Sun, 11/06/2022 - 22:37

Major Solar Equipment

Major Equipment Warranty Commercial Life
REC NPeak Solar Modules 25 years 40+ years
SolarEdge 3-Phase Inverters 12 years 15-20 years

SolarEdge 3-Phase DC Optimizers 25 years 35-40 years
SolarEdge WattNode RGM Meter 5 years 15-20 years
Ecolibrium EcoFoot 2+ Racking (ballast) 25 years 40+ years

lron Ridge XR100 Rail Racking (flush) 10 years 40+ years

(Q) REVISION ENERGY

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