Posting Language
Title
Approve issuance of a capacity-based incentive to KMFA Radio Station, for the installation of solar electric systems on its facilities located at 41 Navasota Street, Austin, Texas, in an amount not to exceed $80,676.
De
Lead Department
Austin Energy.
Fiscal Note
Funding in the amount of $80,676 is available in the Fiscal Year 2023-2024 Operating Budget of Austin Energy.
For More Information:
Amy Everhart, Director Local Government Issues (512) 322-6087; Tim Harvey, Customer Renewable Solutions Manager (512) 482-5386.
Council Committee, Boards and Commission Action:
February 12, 2024 - Recommended by the Electric Utility Commission on a 8-0 vote and three vacancies.
February 20, 2024 - To be reviewed by the Resource Management Commission.
Additional Backup Information:
Austin Energy requests approval to issue this capacity-based incentive (CBI) to KMFA Radio Station (the Customer) for the installation of a solar electric system at their facility to produce renewable energy for on-site consumption. The table below provides a summary of the system size, cost, proposed incentive, and environmental benefits.
Solar System Details*
Total System Size (kW-DC)
89.64
Total System Size (kW-AC)
74.40
Annual Estimated Production (kWh)
132,637
Total System Cost ($)
$195,000
Total Incentive ($)
$80,676
Percent of Cost Covered
41%
Environmental Benefits** and Emission Reduction Equivalencies***
Reduction of Carbon Dioxide (CO2) in tons
59
Reduction of Sulfur Dioxide (SO2) in pounds
66
Reduction of Nitrogen Oxide (NOX) in pounds
93
Equivalency of Vehicle Miles Driven
137,211
Equivalency of Cars on Austin Roadways
11.9
Equivalency of Trees Planted
885
Equivalency of Forest Acreage Added
63.8
*All solar equipment meets Austin Energy program requirements
** Environmental Benefits based on the US Energy Information Association's state-wide electricity profile
*** According to the Environmental Protection Agency (EPA)'s Greenhouse Gas Equivalency Calcula...
Click here for full text