1. Solar Express Year-End Review Leslie Moynihan January 13, 2014

2. Why a Solar Program? Promote solar as an energy resource Educate our community Build infrastructure within Snohomish County Reduce market barriers Support our Customers Renewable Energy Leadership! Photo Credit: Sebelsky Installation by Western Solar

3. Solar Express Program Overview Cash Incentives Available to all PUD Customers – PV:$500/kW up to: $2,500 (residential) $10,000 (commercial) – SHW:$500/system Existing electric water heater Low Interest Loans 2.9% Financing available through 2013 Cannot be combined with cash incentive Project Requirements Pre-approval, registered installer, > 75% TSRF Photo credit: Clark Installation by Fire Mountain Solar

4. Solar Express- Funding

5. Solar Express – # of projects by funding type

6. Solar Express Number of New Projects by TechnologyNew kW Installed per Year

7. 2013 Specs 112 Residential 8 Commercial Avg Residential Size: 5.3 kW Avg. Non-WA Cost: $4.11 /W Avg. WA-Made Cost: $5.85/W 77% use WA-made modules Solar Express- New Installations 2013

8. 2.3 MW Adding 1 distributed generator every 3 days. All Net-Metered Systems to Date

9. Production Data 300 systems installed prior to July 2013 Generated 1,300 MWhs July 2012- June 2013 Administered $311,500 for those MWhs (12% of our annual limit, up from 5.5% in 2012) 400 systems by December 31, 2013 Generated 1,767 MWhs in 2013 Average annual production per kW: 936 kWh Average for systems with batteries: 634 kWh

10. Other Accomplishments Aggregated 824 Solar RECs for meeting our I-937 target resources in 2012. 1414 SRECs in 2013. Participated in DOE SunShot Initiative to reduce interconnection barriers Planet Power participants funded 4 new demo projects (42 kW)

11. Thank You! Leslie Moynihan Program Manager, Customer Renewables 425-783-8289 LGMoynihan@snopud.com Photo Credit: Kemp West, installed by NW Wind and Solar