C-PACE Financing Comes To Delaware, Opening New Financing Option For Commercial Clean Energy

By Frank Andorka, Senior Correspondent

Commercial Property Assessed Clean Energy (PACE) financing is one of the most successful mechanisms for funding clean energy improvements in commercial properties. It allows businesses and other commercial enterprises to make energy efficiency and renewable energy projects to their properties with no money up front. Instead, they pay off those investments through their property taxes.

Currently 35 states have C-PACE enabling legislation, and 20 have full-blown functioning programs.

What’s that? (Holds hand to ear.) I’m being told that number is now 36, after Delaware Governor John Carney signed Senate Bill 113 into law, enabling C-PACE financing in the state. The Delaware Sustainable Energy Utility (DESEU) will serve as the administrator of the PACE program.

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The governor praised the efforts to bring this legislation to fruition:

By offering another method of financing for energy efficiency projects, PACE will help Delaware further our goals to improve economic development, lower energy costs and reduce greenhouse emissions.

PACENation, the national organization that advocates for PACE, reports that since 2009 more than $688 million has been invested in clean energy projects nationwide. They estimate that PACE projects have created 10,300 jobs, generated more than 6.3 million mWh of energy savings, and reduced CO2 emissions by more than 3.1 million metric tons (the equivalent of taking 657,000 cars off the road for one year.)

Tony DePrima, executive director of the DESEU said the next step in the process is designing the program. He hopes to have it up and running by the first quarter of 2019.

Sponsor of the bill in the House, State Representative Trey Paradee, praised the potential economic benefits of the legislation:

Delaware’s C-PACE legislation gives our counties a new tool to boost economic development and job growth. More clean energy projects in Delaware means lower energy bills for our businesses, more work for our local contractors, and more jobs in the clean energy sector.

Utilities To Trump EPA : Thanks But No Thanks To Your Coal-Saving Efforts

By Frank Andorka, Senior Correspondent

They don’t mean to seem ungrateful, but …

At the Electrification 2018 conference, Greentech Media was anxious to find out how utilities felt about the new rules surrounding easing regulations on coal plants. Would they turn away from renewable energy and decide to keep their failing coal plants open? Would they slow the pace of renewable energy purchases? Would this signal the end to renewable energy as we know it?

Well, what the Greentech Media editors (which surprised no one, including them) is that most utilities, no matter where they were in the United States, remained committed to closing coal plants and purchasing more renewable energy, though they did appear thankful that the federal government was turning regulation of the coal plants back over to the states.

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Just a couple of samples (read the entire article for the full discussion, and it is 100% worth your time) of what utilities told the Greentech Media team:

American Electric Power:

“AEP said it will continue to pursue lower carbon dioxide emissions “through a variety of actions” that include renewables, efficiency, natural gas and demand response. The utility will continue to “review the rule,” but offered a positive take on keeping coal plants running.”

Southern Company:

“But going forward, we want to do that while transitioning to the low- to no-carbon future. We have come out and stated that Southern Company wants to be a low- to no-carbon future by 2050. We believe that’s also what our customers want from us.”

This reaction comes as no surprise to anyone who has watched the renewable vs. coal battle over the past several years. This is not the first time the federal government has tried to make it easier for energy companies to keep coal plants open, and yet they are still committed to moving forward with further renewable energy purchasing and building. The battle has been won by renewable energy, and there’s no going back. Just ask the utilities – most of them would wholeheartedly agree.

More:

Utilities Recommit to Clean Energy in the Wake of the Trump Administration’s Regulatory Rollback

Republicans v. Democrats: Who’s Installing More Solar?

By Frank Andorka, Senior Correspondent

What Happened:A recent study by an outfit called Priceonomics reports that Republicans in California have installed more solar than Democrats.

  • While the study found that Republicans in the state have installed solar at a 5 to 1 ratio may surprise some, the study itself has some methodological flaws that make it impossible to generalize its findings beyond California.
  • It also has a couple of “Well, duh” conclusions, too.
  • study

    SolarWakeup’s View:  When you’re deciding what conclusions you can draw from any given set of data, one of the first questions you should ask yourself is: “Is this data generalizable?” If not, it may not invalidate the study – but you should be hesitant about making any grand claims about it, either.

    Such is the case with a study touted by Priceomomics, which reaches the conclusion that despite what you might think, Republicans install more solar than Democrats. OMG if true, right (not really, but you’ve already gone this far on the journey with me, so let’s keep going)?

    Well, the truth, as it often is, is far more complex and complicated than the study would have you believe. While the data is interesting, here are some cautions:

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  • Are CALIFORNIA Republicans really representative of Republicans across the country at this point? Isn’t it fair to say they are their own brand, much like California Solar & Storage Association is no longer associated with the national lobbying group? If so, it might make sense that there’s more solar in this group than is applicable across the country.
  • Solar used to be the province of the well-to-do. While that’s certainly changed in the past five years, it makes sense that those with more money have solar while those with less money do not. (Wait until community solar really takes off over the next five years and then call me.)
  • The idea that solar is a Republican or Democratic issue is a bit silly in any case, given that around nine out of every 10 Americans say they support more solar development.
  • And then there’s this:

    Our analysis shows that households’ decision to go solar is not driven by political affiliation. Instead, people who live in areas that are sunny, dry, and less dense tend to install solar panels at higher rates. And in California, the country’s top state for solar, that means you’re more likely to see solar panels in Republican bastions than Democratic strongholds.

    Really? That’s your conclusion? That’s a lot of words to spend on a conclusion I could have told you without doing a lick of study. I mean….for reals.

    One out of one authors of this piece say go ahead and read the study, but don’t leave your skepticism at its mother’s house, especially if you’re trying to spot national solar trends.

    More:

    Are Republicans or Democrats More Likely to Go Solar?

    Americans Tell Gallup: Develop More Solar, Please

    @DrVox On Climate Policy: “Go As Hard And Fast As Possible, Forever And Ever. Amen.”

    By Frank Andorka, Senior Correspondent

    What Happened: I’ll tell you all what: David Roberts, aka Dr. Vox, knows how to capture your attention. Last I saw him, he was claiming battery storage had a “dirty secret,” about which we, well…you might say we disagreed. But he’s back, and this time I agree with him.

  • The key takeaway: “So the only rule of climate policy that really matters is: go as hard and fast as possible, forever and ever. Amen.” (As a retired Catholic, I couldn’t resist adjusting the punctuation a bit.)
  • In today’s piece, Dr. Vox discusses how humanity can save itself from the scourge of climate change with a four-point plan, followed aggressively.
  • Vox

    What our world will look like not that long from now (in the grand scheme of things) if we don’t attack climate change aggressively, like yesterday.

    SolarWakeup’s View:  Hey, when Dr. Vox is right, he’s right.

    David Roberts, also known by his Twitter handle @drvox, penned an overview article today on three recent studies on climate change and discussed ways humanity might save Earth from actually becoming the burnt-out hellscape so many people already think it is.

    First, Roberts dispenses with the idea that we can simply wait for carbon extraction technologies – technologies that will manage to capture carbon from the air and bury it – to become a thing. Right now, those technologies aren’t even in the infant stages, and we simply can’t wait. Failure, as they say, is not an option.

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    Here are the four strategies Roberts, based on his reading of three different studies, believes can help save Earth from the human race:

  • Radically increase energy efficiency.
  • Radically increase renewable energy. (obviously my personal favorite)
  • Electrify everything.
  • Then maybe some minor carbon capture work.
  • The whole piece is a fascinating read, but I can’t emphasize enough the most important part of Roberts’ article, the phrase all of us climate warriors should have tatooed on the inside of our left arm:

    “So the only rule of climate policy that really matters is: go as hard and fast as possible, forever and ever. Amen.”

    Amen.

    More:

    What genuine, no-bullshit ambition on climate change would look like

    Nice Headline, Doctor – But That Doesn’t Make It True