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Solar is Coming to Chicago The Broader Context - Solar in 2009

Solar is Coming to Chicago The Broader Context - Solar in 2009. Module prices dropped by 40% Federal funding available Solar industry employment ~45,000 jobs in 2009, expected to surpass 60,000 in 2010. Industry revenues up 36%

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Solar is Coming to Chicago The Broader Context - Solar in 2009

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  1. Solar is Coming to ChicagoThe Broader Context - Solar in 2009 • Module prices dropped by 40% • Federal funding available • Solar industry employment ~45,000 jobs in 2009, expected to surpass 60,000 in 2010. • Industry revenues up 36% • U.S. installed capacity up 37% for solar electric and 10% for solar thermal Source: SEIA, US Solar Industry Year in Review 2009, www.seia.org

  2. Where is all this growth going? • State Policy Matters • Interconnection standards • Net metering • RPS with solar carve-out • Transparent electricity pricing • Other state incentives _ _ Source: SEIA, US Solar Industry Year in Review 2009, www.seia.org

  3. The Springfield Report – HB 6202 *Low-end estimates based on capacity factors for single-axis trackers, solar radiation in Springfield. High-end estimates based on a mix of fixed-tilt and single-axis trackers, solar radiation in Peoria (PVWatts.org). • Carving out a portion of the solar procurement obligation for customer-sited, distributed generation projects would increase installed megawatts and associated jobs.

  4. Clean and Renewable Energy Policy and Program Recommendations (May 2010) Solar Energy State Policy Advocacy • Long-term Contracts for REC procurement • Extension of the “In-State Preference” for renewable energy • Solar Ramp-Up with DG Component • Improve net metering rules (expand the size of facilities eligible for retail-rate net metering from 40KW to 2MW) • Integrate solar hot water into Illinois’ natural gas efficiency programs

  5. Clean and Renewable Energy Policy and Program Recommendations (May 2010) Local Programs and Policies: • “Marquee Projects Initiative” • Integrate clean energy into programs aimed at “High-Impact Sectors” • Adopt an innovative financing system (e.g. PACE) • Integrate clean energy into new building codes • Streamline permitting process • Protect solar access rights Go Mainstream Exelon/SunPower 10MW solar PV plant in the West Pullman Industrial Redevelopment Area on Chicago’s South Side

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