1. University of Minnesota SUN Delegation: NREL Road Map November 16, 2015

2. Overview ❏ Introduction ❏ System Layout ❏ Potential Sites ❏ Finances ❏ Future/Outreach/What We Want to Get Out of It

3. Minnesota Energy Landscape 5 Campuses: Twin Cities Duluth Crookston Morris Rochester Energy Providers: Xcel Energy* Minnesota Power* Ottertail Power Rochester Municipal Utility Morris Municipal Utility *Allows Community Solar

4. Minnesota’s Campuses and Enrollment 5 Campuses: Twin Cities 50,000 students Duluth 10,000 students Crookston 3,000 students Morris 2,000 students Rochester 500 students

5. U of MN Energy Demands U of MN Twin Cities: 2014 Electrical Consumption: 340 GWhs Approximate # of Panels: 1,000,000 U of MN Duluth: 2014 Electrical Consumption: 40 GWhs Approximate # of Panels: 100,000 Land Requirements:.85 Square Miles or 540 acres University Climate Action Plan (2011) Carbon Reduction Goals

7. Twin Cities Potential Sites St PaulUMore ParkMinneapolis

8. Twin Cities Site Assessment ❏ Best Potential Sites: ❏ UMore Park ❏ Carlson School ❏ University Ramps ❏ Site Criteria ❏ LiDAR Data ❏ Roof Condition ❏ Electrical Interconnection ❏ Structural Analysis ❏ Cost ❏ Historical Preservation

9. Twin Cities, MN Site Assessment Team ❏ Lidar Based Site Assessment ❏ Total Insolation Inventory ❏ Roof and Parking Files -with structural data

10. Duluth, MN Site Assessment Team ❏ Identifying list of potential UMD campus solar sites/projects ❏ Expanding Malosky Stadium Array ❏ Natural Resources Research Institute Roof ❏ Assembling Resources ❏ Gathering faculty advisor support ❏ Working to collect mapping resources ❏ Obtained building data from UMD Geospatial Analysis Center ❏ Partnership with Ecolibrioum3 for help with solar suitability mapping

11. Financial Modeling Non-Taxable Entity: NPV: -$530,000 Return on Equity: 3.3% Taxable Entity: (3rd Party): NPV: $550,00 Return on Equity: 52% Tax Credit: $900,000 Based on Simple Photovoltaic Financial Model DescriptionAssumptions System Cost$3/W Length of Project25 years Accelerated Depreciation5 years O&M Cost$20/kW O&M Annual Cost Rise3% Annual Electricity Rate Rise 1% SREC Credit$.25/kW Inverter Life10 years Cash: Debt Ratio50%: 50% Loan Rate7%

12. Community Solar Garden ❏ What is a Community Solar Garden? ❏ A developer owns a PV array and sells the electricity to subscribers. ❏ Why is it beneficial to the University of Minnesota? ❏ lower risk for the University ❏ Don’t have to worry about maintenance ❏ get billed for energy consumption

13. Community Solar Garden 3 Ways to Participate in CSG ❏ Lease property to a developer: ❏ Pay for space, and buy electricity from the developer. ❏ Develop own CSG: ❏ Control over project, but much more cost and risk. ❏ Purchase power from a CSG: ❏ Pay utility bill to developer that owns the site.

14. Outreach ❏ MN is a national leader on renewable energy ❏ Outreach campaign to move decision makers ❏ Develop messaging around solar ❏ Website for publicity, petition collection ❏ Get articles in campus, local media ❏ Run campaign to get alumni, student, staff support