Kentucky National Guard, Harold Disney Training Center

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This project included an initial installation plus an expansion, which brought the total system size to 212kW. Our client, the Kentucky National Guard, wanted a net-zero facility; our installation crews faced some challenges in placing solar panels onto large Quonset huts, but in the end, the finished installation looked even better than the proposal renderings we provided the client.
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Kentucky National Guard, Harold Disney Training Center

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This project included an initial installation plus an expansion, which brought the total system size to 212kW. Our client, the Kentucky National Guard, wanted a net-zero facility; our installation crews faced some challenges in placing solar panels onto large Quonset huts, but in the end, the finished installation looked even better than the proposal renderings we provided the client.
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Third Sun Solar Gains Semiโ€Finalist Ranking for 2011 TechColumbus Innovation Awards

Athens, Ohio Solar Firm Listed Among Green Innovation Finalists

ATHENS, OHIOโ€”Third Sun Solar has been listed as a semiโ€finalist for the 2011 TechColumbus Innovation Awards, recognizing outstanding achievements in technology and innovation in Central Ohio.

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AltEnergyMag Publishes Results of Third Sun Solar Study

Comparison of Crystalline and Thin-Film Solar Technologies in Cincinnati

Athens, Ohioโ€” Alternative Energy Magazine, a web-based news source featuring inside knowledge of the renewable energy industry, has published a new study performed by project developers at Third Sun Solar. The study explores the comparative strengths of two competing solar panel technologiesโ€”crystalline and thin-film solar cellsโ€”mounted on the same rooftop.

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Meet Tim Dunning

Continue reading “Meet Tim Dunning”

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Solar Meatloaf a Crowd Pleaser in DC

An Update on Purdue Universityโ€™s Solar Decathlon Efforts

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AEP Rate Plan Hits Small Business

IN THE NEWS: EXCERPTED FROM THE COLUMBUS DISPATCH, DECEMBER 5 2011

PUCO ready to vote on proposal that would hike some rates 30%

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Where Nature is the Star Attraction

Solar Set to Shine Brightly at Ohio Zoos

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Good Living, Solar Style: Residential Trends

This year, we have seen our business grow with increasing numbers of large commercial solar installationsโ€”and we are projecting that growth to continue, and accelerate, in 2012. But we have also seen a steady increase in residential solar. And in looking back over the past couple years, we see some clear trends emerging.
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Hereโ€™s to a bright, delightful holiday seasonโ€” from all of us at Third Sun Solar.

Continue reading “Hereโ€™s to a bright, delightful holiday seasonโ€” from all of us at Third Sun Solar.”

New Solar Installation Being Dedicated 10/26 in Loveland

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Third Sun Solar Rises Again on Inc. Magazine Listing

Fast-growing Solar Design/Install Firm Climbs National List Three Years in a Row

For the third year in a row, Third Sun Solar has risen on the list of fastest-growing private companies in the U.S.

INC. Magazine ranked Third Sun Solar at number 543 among the fastest-growing companies in all sectors in 2011. That represents a continuing climb from Third Sun Solarโ€™s 2009 ranking of #742 and a 2010 ranking of #623. Among U.S. energy companies, the firm came in at #16 nationally for 2011, and was the highest-ranked Ohio company in that sector. Of the many Ohio-based companies on the list, Third Sun Solar was ranked as the #12 fastest growing company in the entire state. These rankings reflect the firmโ€™s 619% revenue growth from 2009-2011.

Founded in 2000, Third Sun Solar is at the forefront of the emerging Ohio clean energy industryโ€”a growing resource for 21st-century jobs. For more than a decade, the company has custom designed and installed over 300 solar energy systems for its commercial, institutional, government, and residential customers across the Midwest. Third Sun Solar employs a team of NABCEP-certified solar energy system installers along with design engineers, financial analysts, grant specialists, and support staff, all focused on making it easy for customers to go solar. From start to finish, the company combines financial and management experience, highly trained installation crews, privileged supply agreements with leading equipment suppliers, a network of professional services partners, and advanced internal systems to deliver a smooth transition to solar energy at any scale.

Team Purdue Finishes Strong in Solar Decathlon

Team Purdue Shines with Second Place Finish in 2011 U.S. Department of Energy Solar Decathlon

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Columbus Zoo Reaches for the Sun

Columbus Zoo and Aquarium Selects Third Sun Solar for Large Array

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Solar Decathlon: Purdue, SunPower and Third Sun Solar

Third Sun Solar Supports Purdue University in the 2011 U.S. Department of Energy Solar Decathlon

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New Certification for Third Sun Solar Staff

Third Sun Solar Designer Randall Hatch Gains New NABCEP Certification

Continue reading “New Certification for Third Sun Solar Staff”

AEP Ohio Renewable Energy Program

My View on New AEP Ohio Renewable Energy Programs (Solar)
July 22, 2011 by green energy bird

Is 0.5% a big number? When I first saw this Ohio Solar RPS (Renewable Portfolio Standard) goal by 2015, I was thinking, we Buckeyes are setting low expectations for ourselves. I forgot to give my magic answer, โ€œIt Depends.โ€

In fact, big utility company AEP Ohio felt great pressure to meet this goal, as the energy consumption in Ohioโ€™s industrial sector ranks among the highest in the Nation. The Ohio Solar Renewable Portfolio Standard goal is the 3rd toughest to achieve, after New Jersey and Florida. On average, AEP would need to add about 8MW to 10MW of solar installations per year to keep up. And the penalty for AEPโ€™s non-compliance is quite high, about $40 per Megawatt-Hour.

AEP Ohio, like other utility companies, relies on utility-scale solar installations [to meet the RPS mandate], a lowest-cost solution compared to residential and [small commercial] installations. AEP will invest $20 million to build a 50MW solar power farm in Noble County, Ohio. AEP has already met its 2010 and 2011 SREC requirements, primarily from a 10MW facility built in Upper Sandusky, OH. However, AEP announced two new solar incentive programs last week to keep its solar power portfolio balanced and support the community.

1) The Renewable Energy Credit Purchase Program allows AEP customers to sell their own solar RECs to AEP at $300/SREC for year 1 and $262.50 for year 2. I doubt many people will sign up for this program–why sell SRECs to AEP at the price of $300 when I can sell at the spot market price of $345? For an average family house, this means about an additional $200/year revenue, an amount good enough to allow you to have Starbuck experience vs. a vending machine experience. However, some people might still sign up, as they just donโ€™t know where to sell their SRECs so if AEP buys, they sell.

Going solar is can be cool yet confusing. Some may bet that the SREC spot market price will drop dramatically. Iโ€™m not sure this will happen. AEP Ohio still has a big gap to fill to achieve its Solar RPS goal. In addition, some states are already moving toward limiting utility-scale installations to protect the infant SREC market and non-utilitity installation market. High demand might help with keeping SREC prices in these two years.

The second AEP program is Renewable Energy Technology (RET) Program, which allows AEP customers to sell their own RECs in the next 15 years to AEP at the price of $1.5/watt now. I think this program is quite attractive. Letโ€™s face the reality: although people have good intentions to go solar, we are still recovering from the worst financial tsunami since WWII and our pockets are not deep yet. The AEP RET program can potentially lower the initial installed price of a solar energy system by 25% on top of Federal Tax Incentive of 30% and cash grants for non-residential customers. If you want to go solar, you may want to act quickly. Remember, AEP Ohio does not rely on this type of SRECs to meet their RPS obligations. It has only only set aside $2 million in the pool for this program. Even though AEP Ohio only promotes the program through installers and word of mouth, the fund may not last very long. Before you rush to submit application, I have one more number to help you make an informed decision. $1.5/watt is equivalent to about $100/SREC, only 1/3 of its current AEP SREC price. Are you willing to accept the deal? If you believe that SREC value will drop dramatically over a long period time, the answer might be Yes. But I donโ€™t have a crystal ball. This program is a good deal if you want to install Solar PV NOW.

A word of caution is that these two AEP programs are financing tools. They are different from cash grants like the Ohio Advanced Energy Fund Grant (AEF). It is still uncertain if Ohio AEF that expired last year will come back. If so, installers will be more than thrilled, as the AEF helped boost the solar industry in Ohio.

A REC (Renewable Energy Certificate) is a tradable, non-tangible energy commodity that represents the environmental benefits of the power produced from renewable energy projects, and is unbundled from the generated electricity itself. One REC is equal to the environmental attributes of one megawatt hour (MWH) of electricity from a renewable or environmentally friendly generation source. SREC means Solar REC.

RESPONSE FROM GEOFF GREENFIELD:
This is a great overview of the solar situation here in Ohio. Third Sun Solar has come to the same conclusion as you in the analysis of the new AEP programs (in comparison to the โ€œspotโ€ market for SRECs). We have several customers that have wanted solar for a long time, and are excited to take the RET option in order to move their power from a polluting, distant source that goes up in cost annually to the new rooftop power systems I expect we will see on every roof someday. We would be happy to put some on YOUR treehouse too! call us at (877) own-solar to chat! โ€“ Geoff

Smokey’s Garage – Summit County, Ohio

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Smokey’s Garage is a 36kW array on a private clubhouse/workspace in Summit County, Ohio. Powering three load centers within the building, this staggered array was challenging to mount, even though standing-seam metal roofs are normally ideal mounting surfaces for solar arrays. But as our Field Manager on the project said, “like always, the challenging ones turn out to look the best.” The owner’s goal was to offset energy usage and cost, gain long-term savings on overhead, and make his garage a showcase for sustainable energy. The array is commissioned and in service, and turning heads that pass by.
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Smokey’s Garage – Summit County, Ohio

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Smokey’s Garage is a 36kW array on a private clubhouse/workspace in Summit County, Ohio. Powering three load centers within the building, this staggered array was challenging to mount, even though standing-seam metal roofs are normally ideal mounting surfaces for solar arrays. But as our Field Manager on the project said, “like always, the challenging ones turn out to look the best.” The owner’s goal was to offset energy usage and cost, gain long-term savings on overhead, and make his garage a showcase for sustainable energy. The array is commissioned and in service, and turning heads that pass by.
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SRECs

Solar Renewable Energy Certificates (SRECs) are a mechanism by which owners of solar energy systems can trade โ€œcreditsโ€ on an open market and reap financial returns in exchange for the renewable energy attributes of their system.

Third Sun Solar Installation at Findlay Market, Cincinnati

An SREC is a Solar Renewable Energy Certificate, often called a โ€œcredit.โ€ It represents โ€œthe renewable energy attributesโ€ associated with one megawatt hour of electricity produced by solar technology (one MWh equals 1,000 kilowatt hours). How many SRECs will a given solar energy system produce? A general rule of thumb in Ohio is 1 kW of solar capacity will produce approximately 1 SREC per year. Therefore, a 5 kW solar power system will produce about 5 SRECs per year.

When discussing SRECs, it is important to note that it is not the electricity we are talking about; someone with solar panels on their rooftop enjoys full uses of the electricity produced by those panels, regardless of whether they keep or sell their SRECs. What is sold as an SREC are the intangible โ€œgreen energy attributesโ€ associated with one MWh of solar power. And along with those attributes come the โ€œbragging rightsโ€โ€”in other words, the party that holds the SREC owns the right to claim they are producing clean power. Only the SREC owner can cite use of solar in marketing materials and to meet policy goals. This promotes the spread of renewable energy, and prevents two parties from making duplicate green claims for a single energy system. (Third Sun Solar offers a white paper entitled โ€œSRECs and Green Claimsโ€โ€”just ask your project developer for a copy, or contact us).

As part of our service, Third Sun Solar will be pleased to provide consulting to assist you in securing the best deal for your SRECs. Although many installers receive commissions or a โ€œcut of the dealโ€ in exchange for steering their customers to certain buyers, Third Sun Solar has made the decision to not seek any income from our customersโ€™ SRECs. Therefore, you can trust that our advice is unbiased and that our only goal is to see you maximize this revenue stream.

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