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RIVERSIDE PUBLIC UTILITIES <br /> aW& Board Memorandum <br /> PUBLIC UTILITIES <br /> BOARD OF PUBLIC UTILITIES DATE: January 7, 2011 <br /> ITEM NO: 6 <br /> SUBJECT: THE NON-RESIDENTIAL PHOTOVOLTAIC (PV) SYSTEM REBATE FOR THE <br /> INSTALLATION OF A 29.83 KW PHOTOVOLTAIC (PV) SYSTEM <br /> ISSUE: <br /> That the Board of Public Utilities consider recommending approval of a $89,490 rebate for a Photovoltaic <br /> system installation at Primetech Silicones, a Riverside Public Utilities' (RPU) non-residential customer. <br /> RECOMMENDATION: <br /> That the Board of Public Utilities recommend that the City Council approve a rebate to Primetech <br /> Silicones through the Non-Residential Photovoltaic Rebate Program in the amount of$89,490. <br /> BACKGROUND: <br /> The Non-Residential Photovoltaic (PV) System Rebate Program provides financial incentives to business <br /> customers who purchase and install solar energy systems. Under the program guidelines, RPU <br /> customers can qualify for a rebate of $3 per watt of alternating current (AC) output. For demand rate <br /> customers, the rebate cannot exceed 50% of the project cost or up to an incentive cap of $100,000, <br /> whichever is less. <br /> Primetech Silicones, a Riverside Public Utilities demand customer located at 6655 Doolittle Avenue, <br /> recently installed a 29.83 kW Photovoltaic System. The PV panels are installed and attached to the roof <br /> of the facility. The Photovoltaic System will greatly reduce both their peak load and overall consumption. <br /> Their efforts are a pri ne example of an established business investing in energy efficiency and <br /> renewable resources to reduce electricity usage and lessen their draw on the City's power grid. <br /> The 29,830 watt PV system's total project cost of $274,966.94 makes Primetech Silicones eligible for a <br /> rebate of$89,490. Non-Residential Photovoltaic System Rebate incentives cap at $100,000 for Demand <br /> customers but require Board and City Council approval when the rebate amount exceeds the $50,000 <br /> approval limit. <br /> FISCAL IMPACT: <br /> The total rebate is $89,490. Sufficient funds are available in the Public Benefits, Non-Residential <br /> Photovoltaic System Rebate Program Account No. 6020100-456064. <br /> Prepared by: Michael J. Bacich, Assistant General Manager Customer Relations/Marketing <br /> Approved by: David H. Wright, Public Utilities General Manager <br /> Approved by: Belinda J. Graham, Assistant City Manager <br /> Approved as to form: Gregory P. Priamos, City Attorney <br />