Joy hughes open standards for shared renewables
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The recent announcement by Tesla Motors that their patents would be released as open source has put the spotlight on open source and open standards within the renewable energy industry. Open source and open standards play a huge role in the computer and Internet industries. Just think of the impact of the open source architecture of the PC and the open communication standard HTML. Google built its business on the open source Apache server and the open source Android operating system. In the solar industry, Tioga Energy released an open source solar power purchase agreement. Could open standards and open source benefit the shared and community solar industry segment?
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Joy hughes open standards for shared renewables
- 1. Joy Hughes - Open Standards for Community Renewables - Solar 2014 ! Open Standards for Community Renewables ! ! ! ! ! Joy Hughes, Solar Gardens Institute joy@solargardens.org
- 2. Joy Hughes - Open Standards for Community Renewables - Solar 2014 Open Standards / Open Source: A Growing Movement Open Solar Outdoor Test Field
- 3. Joy Hughes - Open Standards for Community Renewables - Solar 2014 Shared Solar Cash and Energy Flow
- 4. Joy Hughes - Open Standards for Community Renewables - Solar 2014 The Cost of Community Solar Array Type Cost Per Panel Cherryland Electric (MI) Utility Direct $395 Colorado Springs - SunShare Third Party $550 Vernon Electric (WI) Third Party $600 Colorado Springs - CEC Third Party $624 Holy Cross (CO) Third Party $725 Connexus Energy (MN) Third Party $950 United Power (CO) Utility Direct $1050
- 5. Joy Hughes - Open Standards for Community Renewables - Solar 2014 Opening up Shared Renewables: Opportunities • Communications Protocols ! • Utility Billing Software ! • Business Structures ! • Finance models ! ! ! !
- 6. Joy Hughes - Open Standards for Community Renewables - Solar 2014 Benefits of Open Standards For Shared Renewables • Lower cost to subscribers ! • Lower barriers to entry for developers ! • Less work for utilities and billing software providers ! • Opens door to community initiated projects ! • Makes smaller projects possible
- 7. Joy Hughes - Open Standards for Community Renewables - Solar 2014 Open Communication Protocol • Synchronize database between utility and service provider ! • Add and cancel subscribers, change subscription size ! • Track subscriber moves and other changes ! • Track system production ! ! !
- 8. Joy Hughes - Open Standards for Community Renewables - Solar 2014 Less Need for Tax Equity • Warning: I am not a lawyer! ! • Investment tax credit step down to 10% end 2016 ! • IRS notice 2013-70 - subscribers may claim tax credit for offsite solar ! • Example: Kehila Synagogue Piedmont, CA Nonprofit finance (Re-Volv) Nonprofit install (SunWork) 22kW rooftop - $2.80/W no ITC
- 9. Joy Hughes - Open Standards for Community Renewables - Solar 2014 Simplifying Securities Law • Utility, nonprofit and cooperative exemptions ! • Direct public offerings (DPOs) ! • JOBS Act ! • Avoid need for securities registration ! The “Howey Test” !1.investment of money due to 2.an expectation of profits arising from 3.a common enterprise 4.which depends solely on the efforts of a promoter or third party
- 10. Joy Hughes - Open Standards for Community Renewables - Solar 2014 ! Thank you! ! ! ! ! ! Joy Hughes, Solar Gardens Institute joy@solargardens.org 719-207-3097 ! Visit solargardens.org and join the mailing list