Confidential & Proprietary
Solar PV Project Development &
Implementation
City of Fort Bragg
July 10, 2023
Confidential & Proprietary
Who is Syserco Energy Solutions?
Energy Services Company
(ESCO) Syserco Energy Solutions is a designbuild ESCO that helps public entities save money and reduce greenhouse
gas emissions by implementing energy
efficiency, solar PV, and battery
storage systems.
Offices in Petaluma & Fremont, CA
~25MW of “active solar projects” 2023
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Installing Solar PV Ahead of Net Energy
Metering (NEM) 3.0
Why is This Important and What Does it Mean?
Confidential & Proprietary
What is NEM 3.0?
NEM 3.0 drastically alters the way solar system
owners are compensated for the energy they
generate and provide to the utility grid, lowering
the value that owners are able to capture with
their new solar systems.
4 On December 15, 2022, the California
Public Utilities Commission (CPUC)
unanimously voted to approve NEM
3.0 Confidential & Proprietary
What Does This Mean?
The previous program (NEM 2.0)
export rate was $0.30/kWh
Potential reduction in compensation
ranges from 75 - 80%
Under NEM 3.0, PG&E customers
with solar systems will receive only
$0.08/kWh on average for the same
energy they’ve been providing to the
utility grid
The City of Fort Bragg has
taken a huge step to lock
in the lucrative NEM 2.0
tariff by successfully
submitting Interconnection
Applications ahead of the
4/14/23 deadline
In order to preserve NEM
2 status for at least 20
years, the systems must
be built and connected to
the grid by 4/15/2026
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Lead Times on Materials are Long, so
This is Going to Take Some Time
Some electrical components
have lead times upwards of 70-
90 weeks
6 Preliminary design completed
Project Development is next
Then construction begins.
Confidential & Proprietary
Project Development Process
Mutual
Assessment
Mutual
Commitment
Initial Conceptual
Presentation Data Sharing SES Performs Site Visits
Presentation of
Findings
Submit Project Development Letter
of Intent (LOI)
Approves
Project Development Agreements 30%, 60%, 90%
Project Development
Design Meetings
Pre-Final Project Approval by
Staff
Approval of Project by City
Council Project Implementation
Project Completion
Confidential & Proprietary
Project Summary
Solar PV Installed @ 6 Sites =
1.037MW
City Hall
Corp Yard & Water Treatment Plant
CV Starr Center
Fire Department
Police Station
Waste Water Treatment Plant
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City Hall – 40.7 kW
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Corp Yard & Water Treatment
Plant – 134.6 kW
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Cv Starr Center – 453.7 kW
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Fire Station – 22.1 kW
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Police Station – 46.0 kW
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Waste Water Treatment Plant – 340.4
kW
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Inflation Reduction Act (IRA)
15 * Available through Bipartisan Infrastructure Law (BIL) * ~$370B for Climate Legislation – not just solar
* First come, first served
* Called a “tax credit”, awarded as a grant/rebate
* 30% Off Eligible Costs (Cash Purchase)
* 25.5% Off Eligible Costs (Lease Purchase)
* Not available as direct payment under PPA, but does benefit project Confidential & Proprietary
ESTIMATED Summary of Project
Costs
(Actual costs finalized during Project Development phase) 16 Site Name ROM Budget Price ROM IRA Rebate
City Hall $195,000 $49,725 - $58,500
Corp Yard / Water
Treatment
$740,000 $188,700 - $222,000
CV Starr Center $2,495,000 $636,225 - $748,500
Fire Station $106,000 $27,030 - $31,800
Police Station $221,000 $56,355 -$66,300
Waste-Water Treatment
Plant
$1,872,000 $477,360 - $561,600
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Financials
Life-Cycle Cash Flow Comparisons
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Next steps
Approve LOI for Project Development,,, to Finalize:
1. Detailed Scope of Work
2. Project Price
3. Annual Energy Savings
4. Funding Source(s)
At the conclusion of the Project Development Phase, Final Recommended Project Shall be Presented to City Council for Consideration of Approval under CA Government Code 4217 to execute Energy Services Agreement and begin construction
Confidential & Proprietary
Questions?
Please feel free to contact me.
Gabe Johnson
Account Executive
[email protected] | 707.227.6377
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