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Course Details

Course Information
  • smart_display Format

    On-Demand

  • signal_cellular_alt Difficulty Level

    Intermediate

  • work Practice Area

    Energy

Date & Time
  • event Date

    Wednesday, May 10, 2023

  • schedule Time

    1:00 p.m. ET./10:00 a.m. PT

  • timer Program Length

    90 minutes

Credit Information

  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.

$347.00
CLE
ALL

This CLE webinar will provide renewable energy counsel guidance for developing community solar projects and their application to multifamily housing projects. The panel will discuss the legal and regulatory challenges for developing community solar projects, their application to multifamily housing projects and related issues, tax incentives, renewable energy certificates (RECs), and other essential items when developing community solar projects.

Faculty

Kara H. Herrnstein
Partner
Bricker & Graydon LLP

Ms. Herrnstein is an experienced energy attorney focusing on facilitating renewable generation in Ohio. She provides legal assistance and problem-solving to developers at every stage of their projects, from land access to permitting to operation. Ms. Herrnstein's practice also includes litigation on behalf of a variety of energy companies including producers and midstream companies. In everything, she is a passionate about helping her clients build Ohio into a major energy-producing state.

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William H. Holmes
Partner
K&L Gates, LLP

Mr. Holmes focuses his practice in the area of energy and infrastructure projects and transactions with an emphasis on wind energy, solar energy, hydroelectric power, geothermal, biomass, natural gas, carbon offsets, and energy storage. His experience extends into corporate transactions, water law, and real estate law. Mr. Holmes also advises clients in negotiating major power purchase agreements, acquisition and sale of energy projects, EPC agreements, O&M agreements, fuel supply, and energy project development agreements.

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Description

Community solar projects provide substantial benefits to project developers and consumers seeking access to solar energy. The Inflation Reduction Act provides incentives to developers of community solar, particularly for multifamily housing projects. Renewable energy counsel and developers must recognize the legal and regulatory issues associated with community solar projects and key considerations when applying to multifamily projects.

A community solar project is a distributed solar energy deployment model that allows customers to buy or lease part of a larger, off-site shared PV system, payable to the developers of the community solar project. However, taking advantage of these incentives requires developers and their counsel to consider a variety of challenges associated with the application of these projects to multifamily housing, such as (1) available structuring options, (2) contracts between the community solar project owner and consumers, (3) issues stemming locating community solar, and (4) any federal and local regulatory obstacles.

Listen as our panel discusses the legal and regulatory challenges for developing community solar projects, their application to multifamily housing projects and related issues, tax incentives, RECs, and other essential items when developing community solar projects.

Outline

  1. Community solar; environmental and social benefits
  2. Impact of the Inflation Reduction Act
  3. Community solar projects for multifamily housing projects
    1. Legal issues
    2. Regulatory challenges
    3. Structuring options
      1. Ownership model
      2. Subscription model
  4. Revenue streams and credits
    1. Bill credit for consumers
    2. RECs
    3. Tax incentives
  5. Best practices and pitfalls to avoid for developers and their counsel

Benefits

The panel will discuss these and other key issues:

  • What is community solar and what are its environmental and social benefits?
  • What incentives are provided for community solar projects under the Inflation Reduction Act?
  • What are the key considerations when structuring community solar for multifamily projects?
  • What are the pros and cons of the ownership model and subscription model?
  • What revenue streams, credits, and other incentives are available to developers and consumers of community solar?