Madison Madison Elementary Elementary

School DistrictSchool District

Solar Purchase Power Solar Purchase Power AgreementAgreement12/04/1212/04/12

Extraordinary Learning for All

Energy in MadisonEnergy in Madison

Madison Spent Over $1,300,000 – 11/12Madison Spent Over $1,300,000 – 11/12

4.4% of Maintenance & Operation 4.4% of Maintenance & Operation BudgetBudget

Energy Saving Measures Implemented:Energy Saving Measures Implemented: LightingLighting HVACHVAC WindowsWindows RoofingRoofing Energy Management SystemsEnergy Management Systems

APS Incentive ProgramsAPS Incentive Programs

Schools and Government ProgramSchools and Government Program Madison #1Madison #1 ParkPark Rose LaneRose Lane

Commercial Program Commercial Program MeadowsMeadows District OfficeDistrict Office HeightsHeights Rose Lane/Bus YardRose Lane/Bus Yard

Solar Power Purchase Solar Power Purchase Agreement (PPA)Agreement (PPA)

No ownership cost to MadisonNo ownership cost to Madison

Madison enters into PPA to purchase Madison enters into PPA to purchase solar electricity (rates lower than those solar electricity (rates lower than those of APS)of APS)

Owner (Tioga Energy):Owner (Tioga Energy): DevelopsDevelops BuildsBuilds OwnsOwns OperatesOperates MaintainsMaintains

Energy SavingsEnergy Savings

20 Year PPA Term Agreement20 Year PPA Term Agreement $0.08 / kWh$0.08 / kWh

Projected Annual Savings (No rate Projected Annual Savings (No rate increase from current provider)increase from current provider) $55,600$55,600

Projected 20 Year SavingsProjected 20 Year Savings $1,077,103 $1,077,103

Solar PPA TermsSolar PPA Terms

Early Purchase Options:Early Purchase Options: 77thth, 10, 10thth, and 15, and 15thth Anniversary – Commercial Anniversary – Commercial

Operation DateOperation Date Fair Market ValueFair Market Value

Owner of System receives APS Owner of System receives APS Incentive CreditIncentive Credit $0.123 / kWh –15 year term$0.123 / kWh –15 year term

$331,000 in annual incentives$331,000 in annual incentives Maintenance AgreementMaintenance Agreement

RecommendationRecommendation

Give authorization to finalize Give authorization to finalize contract for PPA with Sky contract for PPA with Sky EngineeringEngineering Contract LanguageContract Language

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