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HomeMy WebLinkAbout2015-04-14 PACKET 05.A.02. Introduction to WGL Energy Systems Distributed Generation Financing Program WGL Energy March 6, 2015 Overview WGL Energy Systems (WGLSystems), is a distributed generation and energy efficiency business, offering Solar, Fuel Cells, Combined Heat and Power, and other clean energy solutions across the United States. WGLSystems is a deregulated subsidiary of WGL Holdings, Inc. (NYSE: WGL) 2 WGL Holdings, Inc.WGL Holdings, Inc. WGL Holdings, Inc. - Energy Answers Access to Market Products/ Deliver Customers Intelligence Partnerships Solutions Washington Gas WGL Energy Systems WGL Energy Services WGL Midstream 3 WGL Holdings, Inc.WGL Holdings, Inc. WGL Energy Systems: Overview Value for Partners Value for WGL Financially strong counterparty. Earnings growth through clean and efficient energy products and solutions. Experienced DG financing provider. Asset based, stable, and growing earnings Long-term owner-operator. and cash flow. Public commitment to DG investment funds Geographic and market diversification. through 2018. Reputation as good corporate citizen and ESG investment. 4 WGL Holdings, Inc.WGL Holdings, Inc. Commercial Project Financing Example - Fuel Cell PPA 2.6 MW Santa Clara County, CA SCC service center, San Jose - 400kW SCC Office of the Sheriff, San Jose 400kW SCC Elmwood Jail, Milpitas 800kW SCC Hall of Justice, San Jose 1.0 MW 20 year PPA with annual escalator Output: 21.6 million kWh/yr CO2 reduction: 5 million lbs per year 5 WGL Holdings, Inc.WGL Holdings, Inc. Commercial Project Financing Example Solar PPA WSSC wastewater treatment plants, MD Located in Upper Marlboro & Germantown, Maryland 4.0 MW, 17,000 panel ground mount system 20 year PPA with annual escalator Output: 6.6 million kWh/yr CO2 offsets: 358,680 gallons of gasoline/ yr Saving ratepayers approximately $3.5 million over the life of the agreement 6 WGL Holdings, Inc.WGL Holdings, Inc. Distributed Generation Financing Solutions Installed and Contracted DG Projects 17.8 MW 3.2 MW Commercial Solar Commercial Solar MA CT 710 kW Commercial Solar 19 MW MN Commercial Solar 600 KW NY Commercial Solar 14.7 MW NJ Residential Solar 2.6 MW CA Fuel Cell 1.8 MW CA Commercial Solar 13 MW DE 14.7 MW Commercial Solar IN Commercial Solar CA 20.4 MW Commercial Solar MD &DC Solar Thermal CA 20.8 MW 1.8 MW Commercial Solar 3.9 MW Commercial Solar GA Commercial Solar AZ NM Solar Thermal 400 KW Solar Thermal FL Commercial Solar AZ HI 7 WGL Holdings, Inc.WGL Holdings, Inc. WGL Energy Systems Diversified Distributed Generation Client Base PV Installations by Client Type 60 54 50 40 30 MW DC 22 19 20 18 10 5 0 UtilityMunicipality Educational Commercial Not For Profit 8 WGL Holdings, Inc.WGL Holdings, Inc. Distributed Generation - Sample Clients 9 WGL Holdings, Inc.WGL Holdings, Inc. Why WGL Energy Systems? and borrowing power to finance, own, and operate PV projects. Funding is available to finance projects upon closing. No lag time or funding uncertainty between document execution and project commencement. WGL Energy Systems intends to be a full-term PPA holder; our interest is in owning and operating long-term generation assets, not short-term investments. WGL Energy Systems has in-house staff for all project and transaction needs, enabling us to close on projects, pay contractors, manage assets, and serve customers and partners better than market competitors. WGL Energy offers customers a full array of energy products, including electricity and natural gas supply, energy efficiency products, green energy products, and much more. 10 WGL Holdings, Inc.WGL Holdings, Inc. 6862 Elm Street Suite 300 McLean, VA 22101 www.washgas.com Nate Greenberg Business Development Manager (703) 333-3929 Office (571) 405-0079 Cellular nategreenberg@wges.com WGL Holdings, Inc.