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W A T E R E N E R G Y E 1 F E <br /> RIVERSIDE PUBLIC UTILITIES <br /> k& Board Memorandum <br /> P U B L I C U T I L I T I E S <br /> BOARD OF PUBLIC UTILITIES DATE: February 18, 2011 <br /> ITEM NO: 8 <br /> SUBJECT: SEIZING OUR DESTINY - THE NON-RESIDENTIAL PHOTOVOLTAIC (PV) <br /> SYSTEM REBATE FOR THE INSTALLATION OF A 29.83 KW PHOTOVOLTAIC <br /> (PV) SYSTEM <br /> ISSUE: <br /> That the Board of Public Utilities consider approval of a $89,490 rebate for a Photovoltaic system <br /> installation at Citrus & Citrus, Inc., a Riverside Public Utilities' (RPU) non-residential customer. <br /> RECOMMENDATION: <br /> That the Board of Public Utilities approve and recommend that the City Council approve a rebate to <br /> Citrus & Citrus, Inc. 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 /> Citrus & Citrus, Inc., a Riverside Public Utilities demand customer located at 7209 Jurupa 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 prime 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. This <br /> project meets with the Seizing Our Destiny Route 5 "Becoming a Green Machine". <br /> The 29,830 watt PV system's total project cost of $274,958.94 makes Citrus & Citrus, Inc. 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. 8020100-455064. <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 />