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2015_0810_CCpacket
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2015_0810_CCpacket
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Attachment B <br />�;` �'ru l�i���� ��1� <br />����`4� _ � <br />luly 21, 2015 <br />Mr. Ryan Johnson <br />Environmental Specialist <br />City of Roseville Public Works <br />2660 Civic Center Drive <br />Roseville, MN 55113 <br />VIA EMAIL: ryan.iohnson@ci.roseville.mn.us <br />RE: RFP Solar Power Purchase Agreement <br />Dear Ryan, <br />Thank you for the opportunity to present this proposal to install a 200kW roof mounted solar on the <br />Roseville Skate Center. We would like to present two distinctly different proposals in order to provide <br />the City of Roseville with an option of either direct ownership or a modified Power Purchase Agreement. <br />Below are the basic parameters for each with estimated costs and savings over 25 years. <br />Prepaid PPA : <br />Down Payment -$200,000 —$200,000 Pre-Paid by the City at Commercial <br />Operation Date for 50% of the energy and the <br />2. Direct Purchase: <br />Balance of energy paid as usual. Financed with a <br />2.5% Energy Savings Partnership Loan with the <br />St. Paul Port Authority. Annual Payment estimated <br />at $16,500. <br />Kilowatt Hour Charge -$0.075 cents per kWh with a 2.75% annual escalator. <br />Savings — Approximate Annual Savings of $2125 after $16,500 annual loan <br />Payment to SPPA. Net savings of $53,125 over 25 year plus the <br />Annual increase in electricity rates. <br />Buyout Option — Option to purchase the system at Fair Market Value in Year <br />Seven (7). <br />Purchase -$420,000 -$294,000 Energy Savings Partnership Loan with the <br />
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