Yearly Insurance Costs for Businesses

Document Sample
Yearly Insurance Costs for Businesses Powered By Docstoc
					Small Wind and Solar Systems




           Kristi Robinson
  Steele-Waseca Cooperative Electric
        As of May 10, 2009
5


                    4
    3                   2




                1
Midwest ISO States with Renewable Mandates
                    5          WIND RESOURCE POTENTIAL
                                                2     4




                                                 3




                                          1


                                                 FAIR
                                                 GOOD
                                                 EXCELLENT
                                                 OUTSTANDING   MARGINAL
50 Meter Wind Resource Map DOE - EERE
    WIND SYSTEMS


 Rice
                             Goodhue




Waseca                        Dodge
                    Steele
         Freeborn
                                                     Wind Production per Month
                                                   (15) 39 KW Wind Units on SWCE
                      300
                                  2003           2004       2005        2006      2007       2008        2009



                      250
Average kWH per Day




                      200




                      150




                      100




                       50




                        0
                            S O D F A J A O D F A J A O D F A J A O D F A J A O D F A J A O D F A J J S N J M M J S N J
                                                                    Month
                                              Wind Production per Month 2009
                                              (15) 39 KW Wind Units on SWCE
                      250


                                                       ~$23 per day

                      200
Average kWH per Day




                      150




                      100


                                Average Yearly Production:
                                       44,000 kWh
                       50


                                                                     ~$5 per day

                        0
                            J     F      M      A      M         J        J        A   O   N
                                                             Month
     SOLAR PHOTOVOLTAIC RESOURCE POTENTIAL




                                  4-5 kWh/m2/day




6-7 kWh/m2/day           5 -6 kWh/m2/day
  SOLAR SYSTEMS


 Rice
                             Goodhue




Waseca                        Dodge
                    Steele
         Freeborn
                               2009 Average Solar Production Per Day (20 KW system)
                      60




                      50


                                   ~$5 per day
Average kWh per Day




                      40




                      30




                      20




                      10

                                                                              ~$1 per day

                      0
                           J   F      M      A   M    J       J   A     S    O        N     D

                                                          Month
                   Federal Renewable Programs
Residential & Corporate Renewable Tax Credit:
• Business and Residential tax credit of 30% of the total install cost of renewable system
  (Systems to be less than 100 KW)

                                     Qualifying Systems
                          Wind turbine       Geothermal Heat Pumps
                          Solar Systems      Solar – Water Heaters
                          Fuel Cells

REAP - USDA Grant/Loan Program:
• Agriculture and Small Rural Businesses can apply for 25% of total renewable projects cost
• 2010 REAP budget of $70 Million

Energy Efficiency Improvement:
• Residential Energy Efficiency Tax Credit – various amount depended on the improvement
• REAP – USDA Grant/Loan Program

                                       Qualifying Systems
         Water heaters       Boilers   Furnaces Heat Pumps        Building Improvements
                        State Renewable Programs

State Incentive:
Wind turbines < 40 KW qualify for net metering.
Purchasing utility basically by the power that goes back on the distribution grid at retail rate.

                                SWCE 2010 Buy Back Rates
                             Single Phase Units: $0.1161/kWh
                             Three Phase Units: $0.1107/kWh

State Sales Tax Exemption:
Wind and Solar systems materials are exempt from sales tax.
Includes materials used to manufacture, construct, maintain and repair renewable systems

State Property Tax Exemption:
Wind and Solar systems are exempt from property tax, (land the system is on is still taxable ).
However small production tax does exist if system is greater than 250 KW nameplate.

State Solar Rebate:
Unknown availability for 2010. Currently a waiting list for Federal Funds.
                        Costs and Benefits

  In SWCE Territory – 39 KW Wind Turbine
  Upfront Cost: (Turbine, Foundation, Labor etc)           ~$120,000
  Average Yearly Production: 44,000 kWh                    ~ $ 4,115 per year
  Insurance and Maintenance                                ~ $ 750 per year


  Photovoltaic System ( 2 KW System)*
  Upfront Cost: (Panels, Inverter, Labor etc)              ~$ 18,000
  Projected Average Yearly Production: 3,000 kWh           ~ $ 315 per year
  Insurance and Maintenance                                ~ $ 100 per year
 *Based on best information available – not SWCE numbers


               Solar Calculator: Findsolar.com
Capacity factor for solar and wind is approximately 15%
           Interconnecting a Wind or Solar System
                       to SWCE’s Grid
1) Fill out SWCE Application for Interconnection
   $250 non-refundable application fee for systems
   greater than 20 kW
2) Site Visit and Engineering Studies
   On site meeting with system owner and electrician
3) Contracts Signed

4) Construction and Interconnection
   SWCE personnel will perform necessary changes
   to the distribution system and
   metering for the wind or solar system.
5) Final Collection of Costs
   Final billing of actual costs accrued by SWCE are
   billed out less the deposit.
                               Contracts
Three Important Points
1) $300,000 in liability insurance per turbine – SWCE must have proof of insurance
2) Visible, accessible disconnect switch – SWCE has access to wind or solar system
3) Do No Harm Cause

Uniform Statewide Contract for Cogeneration and Small Power Production
                       Facilities Less than 40 kW
  • Power Purchase Agreement
  • Discusses methods of payment, program options, estimated deposit
     and retail rate

Minnesota State Interconnection Agreement for Distribution Generation Contract
• Encompasses all types and sizes of distributed generation system
• Discusses fees, time periods, responsibilities and requirements
• Required by the State of Minnesota, created by the MN PUC
   SWCE will assist our members with interconnecting
                     to the grid, but…




Concentrate on low cost energy efficiency methods first!
Questions?




   Kristi Robinson
    800-526-3514
krobinson@swce.coop

				
DOCUMENT INFO
Description: Yearly Insurance Costs for Businesses document sample