granville co-op presentation-- community...
TRANSCRIPT
5/24/13
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Community Solar
in Granville
May 19, 2013
We are a family of initiatives dedicated to sustainable community-building
Praxia Partners
Community Renewable
Energy
Our triple bottom line • Social equity • Environmental stewardship • Economic growth
Our expertise • Business, finance, and law • Managing and financing complex
projects • Supporting diverse nonprofits and
mission-driven organizations
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Our Roots in Community Power
2007 LEED for Neighborhood Development Pilot Program
2009 • Solar America Showcase Award • Collaboration with National
Renewable Energy Laboratory
2010 1603 Treasury Program Grants
Finance Meets Fundraising
• Streamlined • Customized • Transparent
• Power Purchase Agreements • Solar Loans • Peer-to-Peer Lending • Local, state & federal Incentives
1603 Grants
Targeted Donations
Crowd Funding
• New Market Tax Credits • Rebates • Solar Renewable Credits • Traditional Loans
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Community Solar:
A solar-electric system that provides power and/or financial benefit to multiple community members
• Production • Collective action • Education
How Community-based Models Work
Collectively, the co-op invests in a solar array, which is then installed on a host site.
The host • Pays co-op for energy produced • Pays utility for any excess energy
Co-op members • Receive payments • Offset their energy use • Shrink their carbon footprint
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How Community-based Models Work
Advantages of Community Solar Overcomes barriers • Raises capital • Accesses tax incentives • Shares energy among
geographically dispersed owners
Affordable • Costs same or less than
individual ownership • Offers return on investment
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Advantages of Community Solar
Disperses benefits • Many, varied investors
benefit • Educational component
benefits schools and students • Advocacy component
benefits future generations
Advantages of Community Solar
Inclusive • Participants own shares of
community project • Welcomes:
• owners of shady property • renters • businesses • students • future community residents • residents who may move within 25 years
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Advantages of Community Solar
Influential Challenges large energy users to make corresponding investments Replicable Serves as a model for other communities Educational
Community Solar
