Los Angeles Department of Water and Power (LADWP) is providing Standard Offer Power Purchase Agreements (SOPPA) for a total of 10 megawatts (MW) of photovoltaic installations through their Solar Feed-in Tariff Demonstration Program. Applications were accepted from May 17, 2012 through June 29, 2012, and contracts are expected to be awarded in October or November 2012.
Unlike other feed-in tariffs, in which there is a fixed published price for every kilowatt-hour (kWh) of electricity produced by participating systems, the LADWP feed-in tariff operates more like a reverse auction mechanism. Applicants are asked to bid their lowest acceptable Base Price of Energy (BPE). LADWP will use the BPE to rank applicants and create a shortlist of the highest ranked projects. The actual kWh payments received by the applicant will be based on the BPE multiplied by the Time of Delivery Multipliers below:
||M-F (1:00 pm - 5:00 pm)||
M-F (10:00 am - 1:00 pm)
M-F (5:00 pm - 8:00 pm)
M-F (8:00 pm - 10:00 am)
All day Saturday and Sunday
High Season (Jun - Sep)
|2.25 multiplier||1.10 multiplier||0.50 multiplier|
|Low Season (Oct - May)
||1.30 multiplier||0.90 multiplier||0.50 multiplier|
A total of 10 MW of projects will be awarded SOPPAs. The 10 MW is separately allocated to different project sizes and locations as follows:
All projects must pay an application fee of either $500 or $1,000 depending on system size. Winning projects also must pay a development security deposit, interconnection fees, and costs associated with an interconnection study. The full breakdown of these costs, and all other technical requirements can be found in the FIT Demonstration Guidelines on the LADWP web site.
|Incentive Type:||Performance-Based Incentive|
|Eligible Renewable/Other Technologies:||
|Incentive Amount:||Determined by applicant's bidding price, and adjusted based on Time of Delivery multipliers|
|Terms:||Up to 20 years|
|Eligible System Size:||30 kW AC - 999 kW AC|
|Equipment Requirements:||Project must be registered as RPS-compliant with the California Energy Commission|
|Installation Requirements:||Commercial operation must be no later than 18 months following the execution of the contract|
|Ownership of Renewable Energy Credits:||LADWP|
|Name:||Feed-in Tariff Program|
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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