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Attach 5 - 2023 PCP Presentation.pdf

City Council / Housing Authority
August 7, 2023

Document
Attach 5 - 2023 PCP Presentation.pdf
Meeting
August 7, 2023
Body
City Council / Housing Authority
Original file
1.6 MB
Text extracted from the city's file for reading and search. Open the original on pomona.legistar1.com. That file is the official record.

POWER CHOICE
Distributed Microgrids
a Residential Solar Plus Storage Solution
Attachment No. 5
What is a Distributed
Microgrid?
Pairing of residential roof top solar with home energy
storage
 Distributed microgrids are localized, behind-the-meter distributed energy resources (Solar+Battery Storage) that self-generate renewable energy and allow disconnect
from the main grid to operate autonomously during
power outages

Benefits of a Distributed
Microgrid?
For the Customer:
•Creates RESILIENCY by
enabling whole home back-up
and emergency power.
•BEHIND-THE-METER generates
and consumes solar on site,
pulling from the batteries
when necessary…largely
avoiding utility distribution and
net metering fees.
•Creates VALUE by providing
another means to go solar +
batteries without large upfront
costs, and at a competitive,
reliable rate
For PRIME:
•Creates GRID STABILITY and
power pricing certainty at the
local level.
•GREEN ENERGY is created
locally and provides 100%
renewable energy credits to
Pomona to meet state
requirements.
•Creates VALUABLE PROGRAM
that provides participating
customers a no upfront cost
means to go solar with back-up
emergency power and provides
pricing stability for their
generation rates.

Introducing POWER CHOICE
A new program option for Pomona Choice Energy
residential customers to install Solar+Battery with a
new and unique structure
 $0 upfront costs to homeowners
 Long-term customer pricing stability
 Available to all customers no credit check
 No operational and maintenance costs to homeowners
 100% renewable energy and emergency backup power

Who are the program
partners?
Tesla, Inc.
o Leading electric vehicle, charging infrastructure, solar and battery manufacturer.
o Offers Turnkey residential, new homes, commercial and utility scale solar and battery operations throughout CA.

Participate.Energy LLC
o Team comes from Corporate Credit, Inc. founded in 1994. o Over 250MW of rooftop solar developed since 2008.
o Co-developed with Tesla, ~310MWh of SGIP ER battery projects o Lent over $5 billion of corporate loans in connection with tax-based transactions.
o Focused on developing, capitalizing and managing the CCA Fund – including on-going operations.

P.E
Why the Program was Created
 Solar with Battery Storage provides grid stability
 Program provides customer resiliency and contributes to a more resilient grid
 Program helps Pomona Choice Energy meet its renewable energy portfolio requirements
 Allows access to customers that would not otherwise qualify

How Does it Work?
Through a set of agreements between the City of
Pomona, Tesla, Inc., and Participate.Energy LLC
 Participate.Energy LLC creates and manages a CCA
fund to purchase and maintain the energy systems
 Tesla, Inc. works with homeowner to design, build,
install, and operate and maintain the system
 Homeowner receives 100% clean energy from the solar
and has emergency backup power for their home at a
fixed, reliable price

Enrolls in
Pomona Choice
Energy program
Designs, builds,
operates solar plus
storage systems
Buys system from
Tesla
Buys wholesale
power from
Participate
Energy
Sells retail power
to customer via
on-bill tariff
POWER CHOICE+
Visual of Program Participation Process
Customer Tesla Participate
Energy
Pomona Choice
Energy
Pomona Choice
Energy & Customer

Easy Program Participation
 Homeowner signs up for the program via easy online
application on the Pomona Choice Energy customer website  Tesla design system to meet the homeowners needs and
homeowner has final approval
 Participate.Energy LLC purchases the system, and the fund becomes the system “owner”
 Tesla installs the solar and battery storage system
 Pomona purchases the energy produced from the owner of the system and the customer buys the energy from Pomona at a set price under a special tariff

POWER CHOICE
Distributed Microgrids
a Residential Solar Plus Storage Solution

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