Friday, March 21, 2014

Anatomy of a Deal: 4-Cent-per-Kilowatt-Hour Solar in Palo Alto : Greentech Media

Anatomy of a Deal: 4-Cent-per-Kilowatt-Hour Solar in Palo Alto : Greentech Media: "Palo Alto, California's municipal utility already has low electricity prices -- local recreation center Oshman Family JCC reported paying about 9 cents per kilowatt-hour at certain rate tiers. But THiNKnrg, an energy project developer, was able to provide the center with a 50 percent discount and close a deal with a twenty-year solar PPA price at 4 cents per kilowatt-hour.

This is a relatively small project -- it comprises 398 kilowatts spread across twelve rooftops. And although that doesn't compare in scale to, say, Austin's 5-cent-per-kWh, 150-megawatt PPA, the JCC project distinguishes itself by creatively financing a small project while keeping soft costs down."



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