renewable energy investment fund

21
Renewable Energy Renewable Energy Investment Fund Investment Fund Lori Singleton, Director Emerging Customer Programs Solar, Sustainability & Telecom 5/1/2013 1 National Tribal Forum

Upload: perrin

Post on 10-Feb-2016

37 views

Category:

Documents


0 download

DESCRIPTION

Renewable Energy Investment Fund. Lori Singleton, Director Emerging Customer Programs Solar, Sustainability & Telecom. Who is SRP?. Established in 1903 105 year steward of the environment Largest water supplier to Valley Third largest public power utility in the Nation - PowerPoint PPT Presentation

TRANSCRIPT

Page 1: Renewable Energy Investment Fund

Renewable Energy Renewable Energy Investment FundInvestment Fund

Lori Singleton, DirectorEmerging Customer Programs

Solar, Sustainability & Telecom

5/1/2013 1National Tribal Forum

Page 2: Renewable Energy Investment Fund

25/1/2013 National Tribal Forum

Who is SRP?Who is SRP?

Established in 1903

105 year steward of the environment

Largest water supplier to Valley

Third largest public power utility in the Nation

950,000 electric customers

Page 3: Renewable Energy Investment Fund

35/1/2013 National Tribal Forum

Established by SRP Board, includes renewable resources and energy efficiency measures

2004 – Target of 2% of retail sales by 2010

2006 – Target of 15% of retail sales by 2025

2011 – Target of 20% of retail sales by 2020

Sustainable Portfolio Sustainable Portfolio

Page 4: Renewable Energy Investment Fund

45/1/2013 National Tribal Forum

Sustainable Portfolio Mix Sustainable Portfolio Mix

Total 10.21% of Retail Sales

Page 5: Renewable Energy Investment Fund

Renewable Energy Investment Renewable Energy Investment FundFund

An agreement made in 2005 between the Grand Canyon Trust and the owners of the Springerville Generating Station (TEP and SRP).

$5M fund was established for the purpose of funding renewable energy, demand side management, and greenhouse gas sequestration projects.

5/1/2013 5National Tribal Forum

Page 6: Renewable Energy Investment Fund

Project CriteriaProject Criteria

Benefit Native American communities in northern Arizona and northwestern New MexicoHave additional revenues committed to supporting the projectAre well planned and likely to be well maintainedHave strong support by community leadersCreate opportunities for training and employing local residentsCreate opportunities for sustainable economic developmentStrengthen existing or establish new partnerships

5/1/2013 6National Tribal Forum

Page 7: Renewable Energy Investment Fund

Diné College, Shiprock and Tsalie Hopi Energy Office Shonto Economic Development Corporation Tolani Lake Enterprises IINA Solutions Inc. Northeastern Arizona Technological Institute for Vocational

Education (N.A.T.I.V.E.) Leupp Chapter

REIF PartnersREIF Partners

5/1/2013 7National Tribal Forum

Page 8: Renewable Energy Investment Fund

REIF PartnersREIF Partners

Hualapai Tribe Zuni Public Schools Saint Michael’s Indian

School Star School Leupp Schools, Inc Kinlani Dorm Moenkopi Legacy Inn Bird Springs Chapter

Moenkopi Day School Waik O'Odham

Foundation Salt River Community

Housing Hopi Office of Elderly

Service Wind for Schools San Carlos Apache Tribe

5/1/2013 8National Tribal Forum

Page 9: Renewable Energy Investment Fund

REIF Project BudgetREIF Project Budget

Residential Solar = $1,040,944.06 Commercial Solar = $1,329,398.09 Energy Efficiency = $16,980.00 Residential = $107,947.30 School = $280,763.52 Solar Wind = $56,832.70 Miscellaneous = $1,397,969.40 Project total ITD= $4,230,835.07

5/1/2013 9National Tribal Forum

Page 10: Renewable Energy Investment Fund

5/1/2013 10National Tribal Forum

Project Entity Award TypeCommunity Building District Waik O’Odham Foundation $200,000 53kW solar

Wind/PV Expansion STAR School $95,000 7kW wind1.5kW solar

Tolani Lake Chapter House Tolani Lake Enterprises Inc. $110,000 20kW solar

Assisted Living Facility Hopi Office of Elderly Services $253,000 72kW

Lonely Cactus Subdivision Salt River Community Housing $270,000 70kW solar

Wind Power for Schools

Southwest Windpower West Wind Solar $236,000 12kW wind

7kW solar

Little Singer SchoolDilkon Community SchoolLeupp SchoolsN.A.T.I.V.E.Shonto Preparatory SchoolMoenkopi Day School Hopi Day School Hopi Tribe $65,000 5kW wind

3kW solarHualapai Housing Hualapai Nation $30,000 Solar

daylighting

Examples of ProjectsExamples of Projects

Page 11: Renewable Energy Investment Fund

5/1/2013 11National Tribal Forum

Request For Proposals Request For Proposals

Page 12: Renewable Energy Investment Fund

5/1/2013 12National Tribal Forum

Page 13: Renewable Energy Investment Fund

5/1/2013 13National Tribal Forum

Page 14: Renewable Energy Investment Fund

5/1/2013 14National Tribal Forum

Leupp Schools

Page 15: Renewable Energy Investment Fund

5/1/2013 15National Tribal Forum

Leupp Schools

Page 16: Renewable Energy Investment Fund

5/1/2013 16National Tribal Forum

Residential PV InstallationResidential PV Installation

Page 17: Renewable Energy Investment Fund

5/1/2013 17National Tribal Forum

Residential PV InstallationResidential PV Installation

Page 18: Renewable Energy Investment Fund

5/1/2013 18National Tribal Forum

Residential PV InstallationResidential PV Installation

Page 19: Renewable Energy Investment Fund

5/1/2013 19National Tribal Forum

Residential PV InstallationResidential PV Installation

Page 20: Renewable Energy Investment Fund

5/1/2013 20National Tribal Forum

Saint Michael’s Indian SchoolSaint Michael’s Indian School

24kW PV installation

Page 21: Renewable Energy Investment Fund

Questions?Questions?

Lori SingletonLori SingletonDirector, Emerging Customer ProgramsDirector, Emerging Customer Programs

[email protected] 602-236-3323 602-236-3323

5/1/2013 21National Tribal Forum