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City of Palo Alto Utilities - Renewable Energy Credit Purchase Program (California)
Incentive/Active false  +
Incentive/ApplDsc Commercial  + , Industrial  +
Incentive/AuthCode City Council Resolution 8773  +
Incentive/AuthDtEnact 2007-12-03  +
Incentive/AuthLink http://www.cityofpaloalto.org/civica/filebank/blobdload.asp?BlobID=9933  +
Incentive/ContAddr 250 Hamilton Avenue, 3rd Floor  +
Incentive/ContDiv City of Palo Alto Utilities (CPAU)  +
Incentive/ContEmail UtilitiesCustomerService@cityofpaloalto.org  +
Incentive/ContName Customer Service  +
Incentive/ContPhone (650) 329-2241  +
Incentive/ContPlace Palo Alto, California  +
Incentive/ContWebsite http://www.cityofpaloalto.org/default.asp  +
Incentive/ContZip 94301  +
Incentive/EnergyCat Renewable Energy Incentive Programs  +
Incentive/ImplSector Utility  +
Incentive/MaxInc 600,000 per contract  +
Incentive/Name City of Palo Alto Utilities - Renewable Energy Credit Purchase Program  +
Incentive/PVComPbiDolKWh $0.05  +
Incentive/PVComPbiFitMaxDol $600,000  +
Incentive/PVNPPbiDolKWh $0.05  +
Incentive/PVPbiFitMinKW 100  +
Incentive/PVYears 20  +
Incentive/QuantNotes CPAU purchases SRECs to meet the demand fo
CPAU purchases SRECs to meet the demand for the solar portion of their retail green power program, PaloAltoGreen, through a third-party contract with 3-Degrees, Inc. CPAU will enter into contracts with their commercial and industrial customers for the purchase of the SRECs associated with their solar installations. CPAU currently pays $50/MWh for SRECs through 3 Degrees, Inc and prices are expected to vary between $30/MWh and $150/MWh in the future. Contract terms cannot exceed 20 years and the contracted amounts cannot exceed $600,000.
contracted amounts cannot exceed $600,000.  +
Incentive/Summary City of Palo Alto Utilities (CPAU) current
City of Palo Alto Utilities (CPAU) currently purchases Solar Renewable Energy Credits (SRECs) to meet the demand for the solar portion of their retail green power program, [http://www.cityofpaloalto.org/forms/pagreen/index.html PaloAltoGreen], through a third-party contract with 3-Degrees, Inc. PaloAltoGreen is a voluntary program through which CPAU customers can support renewable energy development by paying an extra 1.5 cents per kilowatt-hour (kWh) for their electricity needs. CPAU then uses this money to purchase wind and solar power Renewable Energy Credits, or directly install city-owned systems. Current demand for the solar portion of PaloAltoGreen is approximately $60,000 per year, expected to increase to $120,000 or more per year in the next three to five years. In an effort to support solar development within CPAU's service territory, rather than purchasing SRECs from outside sources, the City Council voted unanimously in December 2007 to enter into contracts with their commercial and industrial customers for the purchase of the SRECs associated with their solar installations. CPAU currently pays $50/MWh for SRECs through 3 Degrees, Inc and prices are expected to vary between $30/MWh and $150/MWh in the future. The price that CPAU will offer their local customers will be at or below these expected costs. To expedite the application and contractual process, the City Council has delegated the contractual authority to the City Manager. To ease the administrative burden of the program, only systems that exceed 100 kW are being considered initially, which is the same minimum size requirement for the performance-based incentives in the [http://www.dsireusa.org/library/includes/incentive2.cfm?Incentive_Code=CA10F&state=CA&CurrentPageID=1&RE=1&EE=1 PV Partners Program]. Contract terms can not exceed 20 years and the contracted amounts can not exceed $600,000. As of June 2009, CPAU is purchasing SRECs from a 906 kW DC photovoltaic (PV) system on the rooftops of several buildings on the Roche Palo Alto campus which generates up to 1.4 million kilowatt hours in electricity each year.
n kilowatt hours in electricity each year.  +
Incentive/TechDsc Photovoltaics + , Wind +
Incentive/Terms Maximum term of 20 years  +
Incentive/Type Performance-Based Incentive +
OpenEI/PageDescription City of Palo Alto Utilities - Renewable Energy Credit Purchase Program: energy incentive program.  +
OpenEI/PageKeyword Energy Incentives  + , Palo Alto  + , California  + , Performance-Based Incentive  +
Place Palo Alto, California: Energy Resources +
Categories Financial Incentive Programs , Quantitative Incentives , Production Incentives , Photovoltaic Incentives , Incentive with Contacts , Incentive with Authorities
Modification date
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18:41:37, 12 February 2015  +
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