First Solar, Inc. Kingbird Solar Project Power Purchase Agreement. City Council – Agenda Item 13 September 9, 2013. Project & Contract Overview. 20 MW (AC) single-axis tracking solar PV To be located on 324 acres in Rosamond, CA
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First Solar, Inc.Kingbird Solar ProjectPower Purchase Agreement
City Council – Agenda Item 13
September 9, 2013
RPS Category 1 resource relatively close to Pasadena
Feasible to operate and maintain if purchased
Renewable Energy Contracts Price Comparison
 Contract prices exclude costs of transmission, losses, and integration fees[price with * does not include RA capacity; all others do]
Current Renewable Energy Portfolio Summary (GWh)
 A gigawatt-hour (“GWh”) is equal o 1,000 megawatt-hours (“MWh”)
FUTURE(2016 onward with Kingbird)*
*Assumes other charges in the electric bill remain the same as current bill
Note: Current total bill includes all existing renewable contracts
Cumulative net impact of all renewable contracts in the energy portfolio:
Approximately $8.5 million per year
Approximately 0.73 cents per kWh starting in January 2016
Back Up Slides
Project was offered July 24, 2013 into, and selected as part of, the open SCPPA Request for Proposal process.
Determined by PWP to be one of the “best fit/least cost” resources from among almost 300 offers.
Also determined to be exempt from Pasadena’s competitive bidding rules as a contract for professional or unique services, and as a contract potentially relating to the acquisition of real property(includes a purchase option).
SOME COMPLETEDFIRST SOLAR FACILITIES
SOME FIRST SOLAR FACILITIES UNDER CONSTRUCTION