H-8175

   Amend  the amendment, H-8151, to Senate File 2195, as passed by the Senate, as follows:
   1.  Page 1, before line 5 by inserting: 
   <Sec. ___.  Section 8A.321, Code 2014, is amended by adding the following new subsection:
   NEW SUBSECTION.  15.  a.  Contract with an independent engineer to conduct an analysis regarding the performance of solar panels installed at the energy-efficient building constructed pursuant to section 476.10B. The analysis shall be conducted on an annual basis commencing on December 31 of the year following a full year of solar panel operation and December 31 each year thereafter, and shall continue until the panels are removed from service. A report summarizing the annual analysis shall be submitted to the general assembly by March 31 following each annual analysis period.
   b.  The annual analysis shall include or encompass the following factors:
   (1)  The total actual cost to acquire, install, test, and commission the installation project.
   (2)  The total operating and maintenance costs incurred, including but not limited to internal and external labor, repairs, panel cleaning, and replacement parts.
   (3)  The actual kilowatt hours of alternating-current generation produced by the project and the associated capacity factor.
   (4)  The performance ratio for the project.
   (5)  The actual project availability.
   (6)  The sale of any renewable energy credits generated by the project.
   (7)  The calculated annual degradation rate for the project.
   (8)  The alternating current output in comparison to solar insolation.
   (9)  The actual electricity and demand charge savings resulting from the project.
   (10)  Financing costs incurred to support the project.
   (11)  Estimated project decommissioning costs, net of any expected salvage value.
   (12)  The projected and actual internal rate of return and payback of the project including tax impacts, to the extent applicable over the twenty-five-year period following installation.
   c.  In conducting the analysis, each of the factors listed in paragraph “b” shall be compared to and reconciled with the pro forma document developed when the project was originally proposed.
   d.  An amount, not to exceed ten thousand dollars annually, shall be transferred from the department of commerce revolving fund created in section 546.12 to the department of administrative services for purposes of conducting the analysis.>
   2.  By renumbering as necessary.

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WATTS of Dallas