|
Abstract: . . . leasing Microsoft PowerPoint - Leasing and Distributed Generation v5.ppt Page 1 1 Leasing and Distributed Generation Nexus Associates, Inc. April 5, 2002 Page 2 2 Purpose of the paper • State funds are interested in exploring various means to induce greater demand . . . . . . leasing Microsoft PowerPoint - Leasing and Distributed Generation v5.ppt Page 1 1 Leasing and Distributed Generation Nexus Associates, Inc. April 5, 2002 Page 2 2 Purpose of the paper • State funds are interested in exploring various means to induce greater demand for . . . . . . with leasing terms. • Leasing programs will need to be established in conjunction with equipment vendors to ensure that adequate warranty and maintenance agreements are in place. Page 22 22 Appendix A – Assumptions used in analysis by in Jones and Eto Leasing Homeowner financing POU IOU NUD (corp. finance) NUD (project finance) Rated Power of Unit 2 kW 2 kW 2 kW 2 kW 2 kW Installed capital cost ($/Watt) 5.00 5.00 5.00 5.00 5.00 Annual operating expense $160 $160 $160 $160 $160 Equipment lifetime 30 . . . . . . $10,000 $9,000 $10,000 $10,000 Customer lease payments' share of total cost 80% 80% 80% 80% Residual value of equipment 20% 20% 20% 20% Weighted average cost of capital 9.35% (median for banking, finance, and insurance) 9.35% (median for banking, finance, and insurance) 8.42% 5% Federal solar tax credit, % total installed cost 10% 10% 10% 10% MACRS accelerated depreciation, year 1 (basis 95% original cost) 20% 20% 20% 20% MACRS year 2 32% 32% 32% 32% MACRS year 3 19.2% 19.2% 19.2% 19.2% MACRS year 4 11.52% . . . . . . Generation v5.ppt Page 1 1 Leasing and Distributed Generation Nexus Associates, Inc. April 5, 2002 Page 2 2 Purpose of the paper • State funds are interested in exploring various means to induce greater demand for small-scale renewable energy projects in distributed generation applications. • This paper discusses the potential role of leases as a means for customers to finance purchases of PV systems and fuel cells for installation on the customer-side of the meter. • It describes different types of leases, . . . . . . Page 1 1 Leasing and Distributed Generation Nexus Associates, Inc. April 5, 2002 Page 2 2 Purpose of the paper • State funds are interested in exploring various means to induce greater demand for small-scale renewable energy projects in distributed generation applications. • This paper discusses the potential role of leases as a means for customers to finance purchases of PV systems and fuel cells for installation on the customer-side of the meter. • It describes different types of leases, discusses . . . --3000,6,250,2985,29160
|