There was a time when solar energy was only accessible to those with cash on hand to buy a system outright. Then financing for solar became common place and middle income people with decent credit scores could go solar without paying up front. Now, there is finally a focus on making solar accessible for low-income residents as well. San Antonio’s electric utility – CPS – has launched an innovative new program called Solar Host that allows customers to benefit from solar without making any investment.
At the same time, CPS has rolled out its first community solar program. The program – called Roofless Solar – is ideal for customers who want go solar, but don’t have a suitable roof or other space on their own property. With community solar, a shaded roof or a roof in need of repair is no longer a barrier to going solar.
CPS is working with a private developer to implement the Solar Host program, so both Rick Luna from CPS and Tuan Pham from PowerFin Partners will speak at our happy hour.
Rick Luna is Sr. Manager, Product Development for CPS Energy. Rick oversees a program portfolio that includes a variety of solar, demand response and energy efficiency offerings for residential and commercial customers. Rick’s team is instrumental in achieving the Save for Tomorrow Energy Plan (STEP) goal of reducing demand by 771 MW by 2020. Rick’s work has included account management, rate design and economic development. He holds a B.A. in economics from Columbia University.
Tuan Pham is the head of PowerFin, a solar development, financing, and operating company, with offices in Austin and San Antonio. Throughout his career, Tuan has focused on areas where energy and finance converge. Prior to his role in business development at HelioVolt, a thin-film solar company, Tuan covered energy and chemical companies at Morgan Stanley and Banc of America Securities in New York. Tuan’s experience also includes time at the Austin Clean Energy Incubator and Strategic Value Partners, a $5 billion hedge fund, where he served as a Director overseeing energy and industrial investments. Tuan also served on the Austin Local Solar Advisory Committee, a City Council-appointed committee to devise a plan for citywide solar development.