Orange Button Finance Subcommittee Working Group Session

Transcription

1 XBRL-CET / SGIP PAP25

2 Overview SGIP - Orange Button On Bill Financing

3

4 Entities Selected for Orange Button

5 Orange Button Objective: Make Solar More Bankable Number of Solar Installation Projects With Orange Button Without Orange Button

6 Orange Button Objective: Make Solar More Bankable Number of Solar Installation Projects With Orange Button Without Orange Button

7 Orange Button Objective: Make Solar More Bankable Number of Solar Installation Projects Solar Jobs and Careers

8 Jobs in the dynamic solar energy sector have grown more than 20 percent per year for the past several years, said Deputy Secretary Elizabeth Sherwood-Randall. At DOE, we are committed to training the solar workforce of the future through our partnership with the Department of Defense, the solar industry, and community colleges around the country. Today the solar industry is a leader in hiring military veterans employing nearly 17,000 veterans to date and it is committed to employing 50,000 veterans by Link to website

9 Link to Solar Ready Vets Website

10 Orange Button Objective: Make Solar More Bankable Solar Jobs and Careers

11 Wells Fargo Donated $50,000

12 Orange Button Seeks 60% Engagement From All Stakeholders in Energy Space

13 Company Profile Financial Solar System Performance SGIP PAP25 Just Two Data Sets

14 Whoever Wherever Company Profile Financial Whatever System Solar System Performance

15 Data for Individual Panel and Panel Array Performance What we knew Yesterday

16 Data for Individual Panel and Panel Array Performance What we knew Yesterday What we will know tomorrow Not Working Working Question: Which Panel Array of Tomorrow Will Get Better Financial Terms

17 Data for Individual Panel and Panel Array Performance What we knew Yesterday What we will know tomorrow Not Working Working Question: Which Panel Array of Tomorrow Will Get Better Financial Terms Answer: The One Whose Data Can Demonstrate Predictable Performance = Solar Bankability Data

18 Process Identify as many data fields as possible for the Company Profile that are used by banks, sureties, the SBA and for subcontractor and/or vendor prequalification for underwriting or qualifying a solar installation contractor. Codify the Company Profile and IECRE data fields into XBRL and FIBO so stakeholders can rely on data quality and apples to apples data exchange. Engage stakeholders in the development of a prototype Salesforce application that can easily import/export the Company Profile and IECRE data, and align with SBA data requirements. Employ those data fields in a prototype Salesforce shareware application as proof of concept for data interoperability, demonstrate streamlined administration with improved risk management capabilities, and make available to all stakeholders for free on the Salesforce App Exchange. Distribute the free shareware so that stakeholders can cost effectively adopt and implement data interoperability

19 Process Identify as many data fields as possible for the Company Profile that are used by banks, sureties, the SBA and for subcontractor and/or vendor prequalification for underwriting or qualifying a solar installation contractor. Codify the Company Profile and IECRE data fields into XBRL and FIBO so stakeholders can rely on data quality and apples to apples data exchange. Engage stakeholders in the development of a prototype Salesforce application that can easily import/export the Company Profile and IECRE data, and align with SBA data requirements. Employ those data fields in a prototype Salesforce shareware application as proof of concept for data interoperability, demonstrate streamlined administration with improved risk management capabilities, and make available to all stakeholders for free on the Salesforce App Exchange. Distribute the free shareware so that stakeholders can cost effectively adopt and implement data interoperability

20 Contractor System Exports Data to Salesforce App Contractor Salesforce App Exchanges Data with Surety Broker Salesforce App Surety Broker Salesforce App links to Surety Broker System Surety Broker System Exports Data to Surety Broker Salesforce App Surety Broker Salesforce Exchanges Data with Surety Company Salesforce App Surety Broker Salesforce Exchanges Data with SBA Salesforce App Surety Company Salesforce App links to Surety Company System Surety Company System processes data Surety Company Authorizes and/or Executes Electronic Surety Bond

21

22 Whoever Wherever Whatever System Surety

23 Whoever Wherever Whatever System Surety

24 Company Profile Financial Solar System Performance

25 XBRL-CET and SGIP PAP25 External Engagement and Outreach Audience XBRL US Financial Industry Financial Services Regulatory Agencies SGIP Energy Industry Utilities Regulatory Agencies International Electrotechnical Commission (IEC) International Standards AGC / AGC of California Construction Industry

26

27 Utility Scale Interconnection to the Smart Grid Developer Prepares to Build Solar Facility Financial Stakeholders Underwrite Project Utility Prepares to Receive Solar Facility Solar Facility is Constructed by Contractor Solar Facility is Completed and Operational

28 Utility Scale Interconnection to the Smart Grid Developer Prepares to Build Solar Facility Financial Stakeholders Underwrite Project Utility Prepares to Receive Solar Facility Solar Facility is Constructed by Contractor Solar Facility is Completed and Operational Building Owner Prepares to Build a Solar System Financial Stakeholders Underwrite Project Utility Prepares to Receive the Solar System Solar Facility is Constructed by Contractor Solar Facility is Completed and Operational On Bill Small DER Interconnection to the Smart Grid

29 Utility Scale Interconnection to the Smart Grid $100,000,000 $100,000 On Bill Small DER Interconnection to the Smart Grid

30 National Conference of State Legislatures- Link to Website

31 Orange Button Objective: Make Solar More Bankable Number of Solar Installation Projects Solar Jobs and Careers

32 Orange Button Objective: Make Solar More Bankable Solar Jobs and Careers

33