When will HB57 benefit solar in Georgia?

Susan KiddExecutive Director, Center for

Sustainability Agnes Scott College

Southern Solar Summit PanelSeptember 10, 2015

Mission & motivation for a non-profiteducational institution

• “Living honorably” – do the right thing

• Dual mission of climate neutrality & education (relates to acceptable risk)

• Long term view in terms of both utility budget & sustainability

What we are looking for?

• Competitive pricing• Agreeable timeframe• Cooperative effort with staff

(facilities, business office, sustainability)

• Outreach to students and surrounding community

Solar ProjectsFive completed projects before HB

57• Observatory Roof* 6kW • Science Center 21kW• Facilities Roof 100kW• Parking Deck 93kw• Soccer/Tennis Court 19kW TOTAL: 239kW*Funded by college’s Green Revolving

Fund

Solar Investor Model

• 4 projects are investor financed– Renewable energy credits (RECs) held

by college– Investors receive all tax credits &

accelerated depreciation– Guaranteed cash flow from GPASI– College anticipates eventual ownership