Solar Energy - Solar Panels

SOLAR PANELS – SOLAR ENERGY

http://www.LongIslandBuilders.com

http://www.longislandbuilders.com/

How Solar Works – Net Metering



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Solar on Long Island



• Monthly Bill of $240 x 12 = $2,880/Year

• $2,880 x 10 years = $28,800

• $2,880 x 20 years = $57,600

• $2,880 x 30 years = $86,400

*And that’s with no rate increases!

With a 2% annual electric rate increase, it is over $100,000!

Our region pays the 2nd highest electric utility rates in

the entire country!

Our region pays the 2nd highest electric utility rates in

the entire country!

Why is Long Island Going Solar?



1.Lease – you pay a fixed, monthly bill for the

“rental” of the equipment. Usually a 20-Year

Term. Payments USUALLY go up EVERY year.

2.PPA – Power Purchase Agreement – You pay

for every kilowatt hour of energy you use.

Usually a 20-Year Term. Payments ALWAYS go

up EVERY year.

3.Buy – Financed or purchased outright. The

power produced by your system is yours. No

monthly payments unless financed and those

go away at end of term of your choice.



How Much Solar Does a Property Need? Every system is different. Depends on:

Average homes in our area…

Spend around: $200/month

Use around: 12,000 kWh/ year

Average Homes Needs:

10 kW system

800-1,000 sq ft of roof space

Annual energy consumption

How much solar fits on roof

Pitch, orientation, and shading



New York Incentives

TODAY

NYSERDA Rebate in NYC / Other counties

PSEG – Low/middle income families qualify for a utility rebate

+ NYS low interest loan

State Tax credit of 25% (capped at $5,000)

Federal Tax credit of 30%

Property taxes can not be raised for going solar (15 years)

NYC – Property Tax Abatement

No sales tax on equipment

TOMORROW

Rebates being phased out

Net metering future in question

REC program rolling out next year

NYS goal of 50% by 2030



RESIDENTIAL & COMMERCIAL SOLAR REVIEW



Solar System: Most systems today are Grid tied, meaning no battery back up involved.

The typical system includes the panels on the roof, which generate Direct Current from the

sun’s rays. This D/C current is carried by a conduit to an inverter, which converts the D/C

power to A/C for use in homes and business. From the inverter, the electricity flows into the

service panel, with excess power flowing back to the Grid.



Net metering is a program offered by a utility company for customers that

install renewable energy systems to generate their own electricity that can

be used to offset a portion of the electric energy provided by the utility. Any

excess energy generated by the customer during the monthly billing cycle

would be sold to the utility company and credited to the customer.



Some Obvious Questions about Solar

Do solar panels need to be cleaned?

Except in unusual circumstances where panels are in close proximity to a dusty or

heavily polluted area, solar panels do not require cleaning. In New England there is

enough rain to give solar panels all the washing they need.

Does a roof need to face south?

The ideal roof slopes towards the south, since southern exposure will maximize the

efficiency of solar panels. But even if your roof is east or west facing, you can still get

strong results. If there is a flat roof we can orient the panels to maximize efficiency.

How much roof space is required for a solar electric system?

For every kilowatt (kW) installed, a solar system takes up about 100 square feet, so an

average solar system takes between 500 and 600 square feet.

What size solar system is needed?

The size of a solar PV system depends on how much electricity is used. When we

design an array, we start by looking at utility bills to determine the usage. From there we

assess the specifics of a client’s site, including building orientation and roof shading to

see how much energy it could generate. We then offer the client a detailed proposal –

usually with two or three optimal system sizes - specific to their situation.



Solar Power Qualifiers

Roof Age Shading Azimuth Roof tilt



SOLAR PANELS – SOLAR ENERGY





Solar Energy - Solar Panels

Real Estate

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