PAYS Status Update 2019
Every year the Energy Efficiency Institute, Inc. publishes data collected from ongoing PAYS programs. Check out the most recent version here.
Estimated cost of replacing half of all U.S. school buses with electric school buses over ten years
April 5, 2021
Clean Energy Works and Jobs to Move America, in collaboration with and in support of the Electric School Bus Coalition and their advocacy goals, have prepared an estimated breakdown of how much it would cost to establish a federal program to replace half of the 500,000 fossil-fuel-powered school buses in the United States with zero-emission electric school buses.
Such a program should provide funding for the incremental costs, the difference in cost between a diesel bus and an electric bus, as well as the cost of installing electrical infrastructure. One of the main goals of the program would be to spur large-scale production, which should result in significant reductions in cost over time. In addition to capital cost, the program should also include funding for the running effective programs including training, deployment assistance, and resources to deploy new technologies such as Vehicle to Grid (V2G) integration.
These calculations estimate that it would cost approximately $30 Billion to replace 250,000 school buses with electric models. The full explanation of the annual costs and assumptions is provided here. Ian Elder, author of the Jobs to Move America report on electric school buses in New York, and Margarita Parra, Clean Energy Works’ Transportation Director contributed to this research.
CoBank: Tariffed On-Bill Cost Recovery for Grid Edge Investments
September 9, 2020
A webinar sponsored by CoBank featuring Curtis Wynn, CEO, Roanoke Electric Cooperative & President, NRECA, Dr. Holmes Hummel, Principal and Founder, Clean Energy Works, Leslie Holloway, Manager, Member Services, Ouachita Electric Cooperative Corporation, and Wesley Holmes, Director of Strategy and Development, Southeast Energy Efficiency Alliance discussing the application of tariffed on-bill cost recovery for grid edge investments.
Slides from the webinar are available here.
Financial Analysis of Electrification for a California School District
September 7, 2020
The Cadmus Group worked with Clean Energy Works to perform a financial analysis for a school district looking to achieve an accelerated transition to a 100% battery-electric school bus fleet. This analysis includes a comparison of the total cost of ownership for electric buses with diesel buses, the emissions benefits of electric buses, and an assessment of the potential for a PAYS tariffed on-bill program to capitalize the on-board battery and charging equipment that account for the incremental cost of electric buses.
Applying the PAYS® System to On-Site Solar to Expand Access for All
August 2020
As part of the LIFT Solar Everywhere project, supported by the U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE) under the Solar Energy Technologies Office Award Number DE-EE0008567, Clean Energy Works released this research on applying PAYS for energy efficiency to on-site solar, the regulatory precedents for PAYS at the state level, and possible financial structures that would enable tax-exempt utilities such as rural cooperatives to adapt PAYS to monetize the federal solar tax credit for their members.
Analysis of Bus Electrification in Lima using PAYS for Clean Transport
May 2020
With support from Convergence Blended Finance, Clean Energy Works conducted a feasibility study and found promising results for the implementation of electric technologies in transit and the innovation of PAYS for Clean Transport in Lima, Peru.
Forth Roadmap 2019 – Scaling Electric Transit to 100%
June 19, 2019
Holmes Hummel presented on PAYS for Clean Transport at Forth’s Roadmap conference. This presentation includes findings from our Lake City Case Study showing benefits to both the Transit Agency and the Utility from using a PAYS for Clean Transport model.
C40 Clean Bus Finance Academy Presentation
May 2, 2019
Holmes Hummel presented on PAYS for Clean Transport for the second year in a row at C40’s Clean Bus Finance Academy. This event took place in Los Angeles, CA with representatives from 13 global cities who are seeking to electrify their bus fleets.
The Climate Reality Project: Panel on Equity and Energy
March 15, 2019
Holmes Hummel took part in this panel at The Climate Reality Leadership Corps Training in Atlanta, GA. When it comes to the fossil fuels polluting our environment and changing the climate, low-income families and communities of color get hit the hardest. How can we make the transition to a clean energy economy just and equitable? Dr. Hummel shares a vision for inclusive financing enabling all people to participate in this transition.
Many thanks to the Partnership for Southern Equity for capturing this video.
Mothers Out Front Electric School Bus Webinar
February 7, 2019
This webinar, presented by Mothers Out Front NY, covers electric school bus campaigns. Clean Energy Works presents financing possibilities through the VW Settlement and utility tariffed on-bill investment, with Green For All and Chispa campaigners sharing stories from projects underway around the country.
VERGE Talk: Why clean, equitable energy and EVs are good business
June 27, 2018
While many stakeholders in the clean energy economy claim poverty, there’s good news: Equitable financing models exist for decarbonizing our local energy and transportation systems! Holmes Hummel builds on a 2017 VERGE Talk on how to scale clean energy investments with equity as a driver — showing how financing the clean energy infrastructure transition is not just a social imperative, but also a business opportunity.
VERGE Talk: Inclusive Financing for Clean Energy — Paving the Way with EVs
October 27, 2017
For years, utilities have resisted the distributed energy revolution already underway. Yet, electrification of the transportation sector presents a historic opportunity for growth, and it is a critical path for climate stabilization. What’s new? In the last year, plummeting battery costs have helped the some vehicles — specifically, long-range electric transit buses — finally approach cost parity on a lifecycle basis when compared to diesel buses. At the same time, an innovative finance mechanism is gaining traction in the utility sector that would allow utilities to invest and recover costs for the on-board batteries. With these developments, utilities could drop the upfront cost of all-electric vehicles, set off a surge in sales, and rapidly capture the prize of market share for transportation fuels. But will they?
VERGE Talk: Scaling clean energy investments with equity as a driver
July 6, 2017
How inclusive financing can help scale clean energy investments in distributed energy solutions from better buildings to clean transit.
Climate One: Can Clean Tech Clean Up Our Future?
February 2017
The clean energy industry is growing and creating jobs. One recent report found the number of people who work in renewable energy grew 5 percent to 8 million people worldwide. What technologies are most promising for making money and getting a job? What areas offer the biggest prospect for game-changing breakthroughs? Join a conversation with three battle-hardened experts about what’s real and what’s hype in today’s clean power landscape.
SEEA Inclusive Financing Learning Circle Series: Introduction to Inclusive Financing for Energy Efficiency
January 12, 2017
The Southeast Energy Efficiency Alliance invites you to learn more about inclusive financing solutions for energy efficiency. Beginning in 2017, SEEA and Clean Energy Works will offer a comprehensive webinar series based on the experience of 8 utilities in 3 Southern states that have already put millions of dollars to work right in the communities they serve.
Stanford Precourt Institute for Energy: Answering calls of our time: Energy technology transitions and equity
October 6, 2014
How can we deploy clean energy technologies on a scale that matters and in a time frame that makes a difference? Market conditions that motivate private equity investments are framed in part by public policy decisions taken in contexts where social equity is a factor. Claims for justice are persistent in sticking points such as the distribution of benefits and burdens along energy supply chains, investing revenue from climate policies, and international development efforts to expand access to electricity worldwide. However, advocates with urgent calls for technology transition often overlook calls for fairness and inclusion as a path for expediting progress.