Xcel Energy Inc. · NASDAQ:XEL

Xcel Energy — Corporate Update (January 2011)

14 slides from Xcel Energy's corporate update, January 2011

  1. Slide 1: New Mexico Solar*Rewards Program

    New Mexico Solar*Rewards Program Updated: January 2011

  2. Slide 2: Solar*Rewards Overview

    Solar*Rewards Overview „ Launched in March 16, 2009 „ Who is eligible? † New Mexico Xcel Energy electric customers † Residential, commercial or industrial † Photovoltaic (PV) systems „ Program categories based on system size 2

  3. Slide 3: Solar*Rewards- Small Program

    Solar*Rewards- Small Program „ Systems between .5 kW and 10 kW „ For systems installed AFTER 2/9/2009 „ Renewable Energy Credit (REC) payment based on kWh AC energy production „ Production measured and credited monthly „ 12 year contract „ Third party developers allowed 3

  4. Slide 4: Solar*Rewards- Medium Program

    Solar*Rewards- Medium Program „ Systems between 10.1 kW and 100 kW „ For systems installed AFTER 2/9/2009 „ Renewable Energy Credit (REC) payment based on kWh AC energy production „ Production measured and credited monthly „ 10 year contract „ Third party developers allowed 4

  5. Slide 5: Solar*Rewards- Large Program

    Solar*Rewards- Large Program „ Systems between 100.1 kW and 2 MW „ Request for Proposal (RFP) format „ Monthly REC payments for proposed amount „ Third party developers allowed 5

  6. Slide 6: Solar*Rewards- Application Process

    Solar*Rewards- Application Process „ Customers should follow these steps to apply for Solar*Rewards incentives: † Visit www.xcelenergy.com\solar for information † Choose an installer † Create application at www.xcelenergysolarrewards.com † Obtain interconnection approval † Complete system installati

  7. Slide 7: xcelenergysolarrewards.com Site

    xcelenergysolarrewards.com Site Customers and installers can access their applications, check on application status, and download contracts via this site 7

  8. Slide 8: Understanding Net Metering

    Understanding Net Metering „ After PV system is installed and inspected, Xcel exchanges the normal meter for a “net” meter „ Net meter record forward when electricity flows from Xcel grid to home/business and record backward when electricity flow from PV system to Xcel grid „ Counts kWhs used and kW

  9. Slide 9: Production Metering

    Production Metering „ PV production meter is installed alongside the net meter „ This is a standard meter that tracks energy production from the PV system „ Customers receive REC payments based on the reads from the production meter 9

  10. Slide 10: Program Facts

    Program Facts „ Average Small System † 4,500 watts „ Typical install cost $27,000 - $45,000 † $6 - $10 per watt system size 10

  11. Slide 11: Solar Benefits

    Solar Benefits „ There are many reasons customers choose to invest in PV systems: † Reduce pollution † Stabilize electric costs † Decrease dependence on fossil fuels † Increase self-reliance and sustainability † Preserve natural resources † Strengthen energy security 11

  12. Slide 12: How Solar Works

    How Solar Works „ Solar cells are connected to panels that capture the sun’s rays „ Solar panels convert sunlight into direct current (DC) electricity „ DC electricity is converted into alternating current (AC) electricity through an inverter „ AC electricity runs through a house or business to powe

  13. Slide 13: How Solar Works (cont)

    How Solar Works (cont) Production Meter 13

  14. Slide 14: Contact Information

    Contact Information „ Website: www.xcelenergy.com\solar „ Email: [email protected] 14

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