Building Code Board of Appeals Agenda and Packet 2022 10 20

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WLilouxsuyi l v�lle Department of Planning and Building Safety L COLORADO.SINCE 1878 749 Main Street # Louisville CO 80027 # 303.335.4592 # www.LouisvilleCO.aov CC103.3.1 Qualifying off- tie procurement methods. The following are considered qualifying off -site renewable energy procurement methods: 1. Community renewables: an offsite renewable energy system for which the owner has purchased or leased renewable energy capacity along with other subscribers. 2. Renewable energy investment fund: an entity that installs renewable energy capacity on behalf of the owner- 3- Virtual power purchase agreement: a power purchase agreement for offsite renewable energy where the owner agrees to purchase renewable energy output at a fixed price schedule- 4- Direct ownership: an offsite renewable energy system owned by the building project owner- 5- Direct access to wholesale market: an agreement between the owner and a renewable energy developer to purchase renewable energy. s. Green retail tariffs: a program by the retail electricity provider to provide 100-percent renewable energy to the owner- 7- Unbundled Renewable Energy Certificates (RECs): certificates purchased by the owner representing the environmental benefits of renewable energy generation that are sold separately from the electric power. CC103.3.2 Requirements for all procurement methods. The following requirements shall apply to all off -site renewable energy procurement methods- 1- The building owner shall sign a legally binding contract to procure qualifying off site renewable energy- 2- The procurement contract shall have duration of not less than 15 years and shall be structured to survive a partial or full transfer of ownership of the property. 3. RECs and other environmental attributes associated with the procured off --site renewable energy shall be assigned to the building project for the duration of the contract- 4- The renewable energy generating source shall include one or more of the fallowing: photovoltaic systems, solar thermal power plants, geothermal power plants and wind turbines- 5- The generation source shall be located where the energy can be delivered to the building site by the same utility or distribution entity. the same independent system operator (ISO) or regional transmission organization (RTC), or within integrated ISOs (electric coordination council). s. The off -site renewable energy producer shall maintain transparent accounting that clearly assigns production to the building. Records on power sent to or purchased by the building shall be retained by the building owner and made available for inspection by the code official upon request. Xcel Energy RECs Who owns the REC? Ownership under our renewable programs varies. For some programs, we retire the RECs to the subscriber, while for other programs, we keep the RECs to meet our company's renewable energy requirements and goals. Here's a guide to our program REC ownership: • Windsource - Subscriber • Renewable*Connect - Subscriber • Solar*Rewards - Xcel Energy • Solar*Rewards Community - Xcel Energy • Solar*Rewards for Income Qualified Customers - Xcel Energy • Net Metering - Customer