A Perspective … in the end it’s all about disclosure & transparency
SRP to decide fate of solar service agreement this month …Phoenix Business Journal – by Patrick O’Grady … Date: Friday, November 5, 2010, 4:25pm MST
Solar installations in Salt River Project territory have been in limbo, and not just because of lower incentives.
Some projects banking on solar service agreements, or SSAs, have stalled because the utility isn’t sure how it’s going to handle them — but likely will decide this month, said Lori Singleton, the utility’s manager of sustainability initiatives and technologies.
SSAs allow a third party to own and operate a system and sell its power to a building owner.
Their use has been approved by the Arizona Corporation Commission, but not SRP, which is regulated by its own board.
SRP officials initially spoke out against the agreements, but decided not to challenge the ACC’s decision. They have not accepted SSAs for about six months as they tried to figure out what to do.
One path is to do what they did before the decision: place the utility in the middle of the agreement. It would work by the third party owning the system, then selling power to SRP, which then would pass it through the end-user. Investors in the solar systems haven’t been exactly enthused by this proposal.
They prefer the other alternative SRP is considering: just meeting what the ACC laid out.
Singleton said the utility’s concerns center on business and homes outside the nonprofits, schools and governments that were approved for the agreements by the ACC.
Solar installers have moved forward with other SSA projects around the state, but only a handful have been done in SRP’s territory. How its delay has affected SSA solar installations is unknown, but the Arizona Solar Energy Industries Association has sent a letter to SRP asking for clarification on its position so whatever projects are there can get moving, said Lee Feliciano, the group’s president.
Read more: SRP to decide fate of solar service agreement this month | Phoenix Business Journal
SOLAR POWER …YEA, WE’RE FOR IT … IF IT DOESN’T NEGATIVELY AFFECT OUR NEXT QUARTER’S PROFIT$
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