Senate File 2195 H-8163 Amend the amendment, H-8151, to Senate File 2195, as 1 passed by the Senate, as follows: 2 1. Page 2, after line 25 by inserting: 3 < Sec. ___. NEW SECTION . 476.10C Solar panel 4 installation —— annual analysis. 5 1. The division shall enter into an agreement with 6 the department of administrative services to contract 7 with an independent engineer selected by the department 8 to conduct an analysis regarding the performance of 9 solar panels installed at the energy-efficient building 10 constructed pursuant to section 476.10B. The analysis 11 shall be conducted on an annual basis commencing on 12 December 31 of the year following a full year of solar 13 panel operation and December 31 each year thereafter, 14 and shall continue until the panels are removed from 15 service. A report summarizing the annual analysis 16 shall be submitted to the general assembly by March 31 17 following each annual analysis period. 18 2. The annual analysis shall include or encompass 19 the following factors: 20 a. The total actual cost to acquire, install, test, 21 and commission the installation project. 22 b. The total operating and maintenance costs 23 incurred, including but not limited to internal 24 and external labor, repairs, panel cleaning, and 25 replacement parts. 26 c. The actual kilowatt hours of alternating-current 27 generation produced by the project and the associated 28 capacity factor. 29 d. The performance ratio for the project. 30 e. The actual project availability. 31 f. The sale of any renewable energy credits 32 generated by the project. 33 g. The calculated annual degradation rate for the 34 project. 35 h. The alternating current output in comparison to 36 solar insolation. 37 i. The actual electricity and demand charge savings 38 resulting from the project. 39 j. Financing costs incurred to support the project. 40 k. Estimated project decommissioning costs, net of 41 any expected salvage value. 42 l. The projected and actual internal rate of return 43 and payback of the project including tax impacts, to 44 the extent applicable over the twenty-five-year period 45 following installation. 46 3. In conducting the analysis, each of the factors 47 listed in subsection 2 shall be compared to and 48 reconciled with the pro forma document developed when 49 the project was originally proposed. 50 -1- H8151.3596 (1) 85 rn/nh 1/ 2 #1.