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HomeMy WebLinkAbout6/11/2024 - Energy Right - Solar RecommendationsEnergy Right Solar Recommendations Roanoke County Presentation Skyler Zunk, CEO Chloe Hodges, Deputy Director of External Affairs Ben Wilson, Community Outreach Representative* June 11, 2024 TABLE OF CONTENTS INTRODUCTION 01 Why Solar? ECONOMY 02 The Economics of Solar LOCAL TAX IMPACTS 03 Local Taxation of Solar Projects MYTH BUSTING 04 Solar Energy Misconceptions SOLAR ORDINANCE 05 Energy Right Solar Ordinance Recommendations QUESTIONS? 06 Why Solar? 01 Cost Savings, Energy Independence, Economic Development, Property Rights Why Solar, Why Now? Grounding the conversation Why are we seeing these developments proposed now? Due to advancements in technology, solar cost competitiveness and increasing energy needs, the timing is ripe for solar development. Why here? Where do solar projects need to be located? Solar projects need to be proximite to existing transmission infrastructure and nearby consumers of energy. How much solar is needed? It depends. Virginia needs to produce more energy to be energy independent from neighbor states. The Economics of Solar 02 Sourcing Local Goods and Services Economic Development and Financial Benefits Developers and Engineering, Procurement, and Construction companies (EPCs) should aim to source goods and services as local to the project site as possible. Solar offers supplemental income for landowners, injecting funds into the economy while preserving land. Additionally, agrivoltaics, farming beneath solar, offers a dual-use approach that maximizes land utilization and is growing in popularity in Virginia. Local Investment Local Taxation of Solar Projects 03 Siting Agreement Language: Siting agreements may include conditions to: ●Mitigate impacts of project ●Financial capital for localities to put towards: ●Capital improvement plan ●Current fiscal budget ●Fiscal fund balance policy of the host locality ●Assistance in broadband deployment within the locality ●Lower taxes **Can also be accomplished via voluntary payments** Tax Revenue Breakdown Project size 2024-26 2026-30 2031-35 2036-40 2041— 1MW $1,400.00 $1,540.00 $1,694.00 $1,863.40 $2,049.74 5MW $7,000.00 $7,700.00 $8,470.00 $9,317.00 $10,248.70 10MW $14,000.00 $15,400.00 $16,940.00 $18,634.00 $20,497.40 50MW $70,000.00 $77,000.00 $84,700.00 $93,170.00 $10,2487.00 Revenue share totals per year by sample project size Solar Energy Misconceptions 04 Common Solar Myths No impact on property values Well screened projects have not been shown to affect property values. Solar panels can be recycled solar panels can be recycled or repurposed at the end of their useful life. Solar is safe Solar projects pose no known health risks. Panels are sealed in tempered glass, ensuring safety. Panels to not leak or leach materials, even during severe weather (Virginia Tech study). Solar does not create heat islands No, studies have not shown any significant increase in temperatures over and around a solar facility. Energy Right Solar Ordinance Recommendations 05 Ordinance Recommendations and Important Considerations Setbacks and Buffers Land Use Best Practices Property Lines: 50-100ft Homes: 100-250ft Vegetative Buffer (existing or planted): 25-50ft Regenerative Ground Cover: Native Grasses/pollinator species. Should be vetted by grazers if possible. Topsoil Retention When possible, topsoil should remain undisturbed on site to support the growth of ground cover. Erosion Control Erosion control plans should be required, submitted, and adhered to in order to prevent erosion. Ordinance Recommendations and Important Considerations (cont.) Decommissioning Solar permits generally last between 30 - 40 years. -The tech is still usable for non-industrial purposes, or can be recycled. Decommissioning Plans should state that the utilized land is returned to its original state or better after the end of the project’s life. Some form of payment, whether financial surety bond or dedicated fund, should be required of the owner/developer to cover the decommissioning of the project. -Decommissioning plans are typically evaluated every 5 years to determine the accurate market cost of the decommissioning. **UVA’s Weldon Cooper Center Analysis** Community Engagement -Community members should be well informed about project proposals, plans -Community meetings should be held and advertised to provide a forum for questions -Important to continually engage neighbors, community groups, and local leadership as permitting progresses 06 QUESTIONS FROM BOARD MEMBERS CREDITS: This presentation template was created by Slidesgo, and includes icons by Flaticon, and infographics & images by Freepik THANK YOU! Skyler@energyrightva.com Ben@energyrightva.com Chloe@energyrightva.com 804-223-0125 energyrightva.com