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HomeMy WebLinkAboutResolutions - No. 2007-191RESOLUTION NO. 2007-191 A RESOLUTION OF THE LODI CITY COUNCIL ADOPTING A LODI SOLAR REBATE PROGRAM TO BECOME EFFECTIVE JANUARY 2008 WHEREAS, the California State Legislature and the Governor of California enacted Senate Bill (SB) 1, otherwise known as the California Solar Initiative, in the summer of 2006; and WHEREAS, SB1 requires all electric service providers to maintain a solar rebate program commencing January 1, 2008, and continue that program for ten consecutive years; and WHEREAS, the Lodi Solar Rebate Program will provide rebates totaling $600,000 annually to residential and commercial customers for installing solar systems on their property; and WHEREAS, program criteria and eligibility requirements are outlined on Attachment A. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council hereby approves a Lodi Solar Rebate Program to become effective January 1, 2008, and authorizes the Electric Utility Director to implement said program generally in accordance with the concepts contained in Attachment A and to make programmatic adjustments as necessary to comply with the spirit of SB1 and to promote customer satisfaction. Dated: September 19, 2007 I hereby certify that Resolution No. 2007-191 was passed and adopted by the City Council of the City of Lodi in a regular meeting held September 19, 2007, by the following vote: AYES: COUNCIL. MEMBERS — Hansen, Hitchcock, Katzakian, Mounce, and Mayor Johnson NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None qND1 JOHL City Clerk 2007-191 ATTACHMENT 'A Lodi Solar Rebate Pilot Project ■ Term: January 1,2008 to December31,2017 ■ Annual rebatelincentive budget: $600,000 ■ Rebates only provided for systems installed after January 1, 2008 ■ Rebates provided after system is installed and confirmed operational/qualified by EUD ■ Customer may apply for a rebate before installation. A rebate application will hold the customer's place in line for available funds for up to ninety (90) days with staff discretion to extend for up to 90 days upon customer request. ■ Rebate starts @ $2.80/watt (year 1); decreases by 7% each year after ■ Maximum rebate is up to $375,000 per system, with a cap payment of $75,000 per customer per year until entire rebate commitment is paid" ■ Panels installed per EUD engineering specifications ■ Should any rate class (residential or non-residential) fail to utilize its share of funding by November 1,2008, customers from another rate class may access those rebate funds ■ Program funds unused in any one year will be carried forward to future periods ■ Residential customers must consent to on-site energy audit ■ Non-residential customers are encouraged to conduct on-site energy audit ■ Customers will be paid for electric energy provided to EUD from the installed solar systems pursuant to the Net Metering and Co -Metering rate schedules, as appropriate • Example ONE: if customer installs 100 kW system in year 1 of the program, the total rebate would be $280,000; the first rebate installment would be $75,000, second installment would be $75,000, third installment would be $75,000, and fourth installment would be $55,000 Example TWO: if a customer installs a 100 kW system in year 8 of the program, the total rebate would be $167,000 (rebate level decreases by 7% annually: in year 8 of the program, the rebate level is $1.67/watt); the first rebate installment would be $75,000, the second installment would be $75,000 and the third installment would be $17,000 • Example THREE: if a customer installsa 100 kW system in year 9 of the program, the total rebate would be $155,000 (rebate level decreases by 7% annually; in year 9 of the program, the rebate level is $1.55/watt); the first rebate installment would be $75,000, the second installment would be $75,000 and there would NOT be a third installment ($5,000) because the programwould be concluded 58