Transcript The Great Incentives Scavenger Hunt: A State Policy Update

The Great Incentives Scavenger Hunt:
A State Policy Update
Rusty Haynes
N.C. Solar Center / NCSU
3rd Annual SEMI North American PV Fab Managers Forum
San Francisco, CA
9 July 2012
DSIRE Overview
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Created in 1995
Funded by U.S. DOE / NREL
Managed by NCSC / NCSU
Scope = government & utility
incentives & policies that
promote RE/EE
~ 2,700 total summaries
~175,000 users per month
DSIRE Solar (dsireusa.org/solar)
DSIRE data services for businesses
(dsireusa.org/services)
Why is the U.S. PV market challenging?
Regulatory Regimes
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Federal (1)
States, territories, DC (~65)
Counties (3,143)
Municipalities (~30,000)
Electric Utilities
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Investor-owned (210)
Public utilities (2,009)
Electric co-ops (883)
Federal (9)
U.S. Electric Industry Average Revenue per kWh
(March 2012)
Source: U.S. Energy Information Administration
RPS Policies with Solar/DG Provisions
(Source: DSIRE, June 2012)
WA: double credit for DG
NH: 0.3% solarelectric x 2014
OR: 20 MW solar PV x 2020;
MI: triple credit for solar-
double credit for PV
NV: 1.5% solar x 2025;
2.4 - 2.45 multiplier for PV
MA: 400 MW PV x 2020
NY: 0.4092% customer-
electric
CO: 3.0% DG x 2020
1.5% customer-sited x 2020
for solar-electric
IL: 1.5% PV x 2025
MO: 0.3% solarelectric x 2021
AZ: 4.5% DG x 2025
NJ: 5,316 GWh solar-
electric x 2025
0.25% DG by 2025
UT: 2.4 multiplier
sited x 2015
OH: 0.5% solar-
NM: 4% solar-electric x 2020
0.6% DG x 2020
electric x 2026
PA: 0.5% PV x 2021
DE: 3.5% PV x 2026;
WV: various
multipliers
triple credit for PV
NC: 0.2% solar
MD: 2% solar x 2020
x 2018
DC
DC: 2.5% solar x 2023
TX: double credit for non-wind
(non-wind goal: 500 MW)
16 states + DC
RPS with solar / DG provision
RE goal with solar / DG provision
Solar water heating counts toward solar / DG provision
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Fuel cells qualify for solar carve-out
have an RPS with
solar/DG provisions
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3rd-Party PV Power Purchase Agreements (PPAs)
(Source: DSIRE, April 2012)
UT: limited to
certain sectors
VA: see notes
AZ: limited to
certain sectors
At least 21
states + PR
authorize or
allow 3rd-party
PV PPAs
Authorized by state or otherwise currently in use, at least in certain jurisdictions within in the state
Apparently disallowed by state or otherwise restricted by legal barriers
Status unclear or unknown
Puerto Rico
Net Metering
Interconnection
www.freeingthegrid.org
Industry Recruitment/Support Incentives
(Source: DSIRE, June 2012)
DC
21 states + PR
Puerto Rico
State offers one or more industry incentives that apply to PV
have industry
recruitment
incentives for PV
(etc.)
Some Programs Offer Bonus $$ for In-State Content…
CT: Residential Solar Investment Program
CT: Long-Term ZREC, LREC Contracts (CL&P, UI)
DE: SRECs
MA: Commonwealth Solar II Rebates
MN: IOU PV rebates (MN Power, Excel)
TX: Austin Energy Commercial PV Incentives
WA: RE Production Incentives
Recent Major State Policy Developments
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CA: Net metering bolstered, new CSI $$, RAM/FIT evolution
NJ, PA: SREC market mayhem
CT: ZRECs & residential PV rebate program
VT: FIT & expedited PV permitting expanded
NY: NY-Sun Initiative
IL: DG carve-out, net metering snafu
MD: RPS shored up; net metering salvaged
DE: SREC pilot program
TX: 3rd-party sales
NH: RPS solar carve-out gutted
Key Points & Take-Aways
• Each state basically its own market. Markets driven by state
policy, rates, solar resources.
• Federal policy a constant wildcard; focus is on states. Growing
industry interest in state legislative & PUC arenas.
• Dominance of 3PO model - profitable, easy. More clarification
needed nationally.
• Long-term perspective: a decade of overwhelmingly solid
state policy progress, with little backtracking ... until now?
• Implications of increasing policy complexity…
Thanks.
Rusty Haynes
DSIRE Project Manager
N.C. Solar Center / NCSU
[email protected]
919.513.0445
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