Solarize Greenwich Launch Meeting Slide Show
Transcript of Solarize Greenwich Launch Meeting Slide Show
CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc.
CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc.
MEET YOUR TEAM Solarize Greenwich Representatives
Thomas Loredo – Managing Director
Jim Bamman – Operations Manager
Ted Lawrence – Sales and Marketing Director
James Hodgdon – Residential Sales Manager
Alysse Lembo-Buzzelli – Renewable Energy Consultant
Kiel Stango – Renewable Energy Consultant
Casey McShane – Renewable Energy Consultant
Kathleen Kessler – Media/Market Outreach Manager
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OUR COMMITMENT Solarize Greenwich
• Provide an HONEST AND CONSULTATIVE assessment for going solar • Give special attention to the AESTHETIC APPEAL of each installation (panel
selection, system design and layout)
• Provide high quality, high efficiency, BEST-IN-CLASS COMPONENTS at attractive rates
• Perform METICULOUS WORKMANSHIP with attention to detail
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THE BENEFITS OF SOLAR
• Reduce or even ELIMINATE your electric bill
• Hedge against RISING energy costs
• INCREASE value of your home
• CLEAN, GREEN, RENEWABLE energy source
• REDUCE your carbon footprint
Why Go Solar?
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CURRENT TRENDS Solar and Utility
Connecticut Cost of Electricity National Cost/Watt for Solar Installation
Source: U.S. Energy Information Administration Source: U.S. Department of Energy
$0.0800
$0.1000
$0.1200
$0.1400
$0.1600
$0.1800
$0.2000
$0.2200
Cost of Electricity
$4.00
$5.00
$6.00
$7.00
$8.00
$9.00
$10.00
$11.00
$12.00
$13.00
< 10kW 10-100 kW > 100 kW
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ENVIRONMENTAL Impact
Assumptions • System size: 7 kW • 1st year estimated production: 8,400 kWh • Total estimated production over 25 years: 189,840 kWh • Impact over 25-year warranty of panels
134 metric tons of carbon dioxide
Carbon sequestered by 3,434 tree seedlings grown for 10 years
CO₂ emissions from 311 barrels of oil consumed
CO₂ emissions from 15,016 gallons of gasoline consumed
Source: Environmental Protection Agency
This system will offset:
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When determining a home’s suitability for solar one must consider:
HOW SOLAR WORKS Is My Home A Good Solar Candidate?
270°W 90°E
• Azimuth • Pitch • Available roof space • Shading issues
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HOW SOLAR WORKS Solar 101
1. Panels 2. Microinverters 3. PV Production
Meter 4. Disconnect 5. Electrical Panel 6. Home Power
/Appliances 7. Utility Meter 8. Utility Distribution
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HOW SOLAR WORKS Step 1 - Flashing
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HOW SOLAR WORKS Step 2 - Rails
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HOW SOLAR WORKS Step 3 - Microinverters
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HOW SOLAR WORKS Step 4 - Panels
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HOW SOLAR WORKS Step 5 – Electrical Connections
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SOLAR PRODUCTION Estimated Per Powerclerk vs. Actual
Hiller Residence (Central)
Stamford, CT 06905
Lewis Residence (Micro)
Milford, CT 06460
Eytel Residence (Micro)
Stamford, CT 06902
System Size: 4,940 Watt
Powerclerk Production: 6,225 kWh (Year One)
System Size: 6,120 Watts
Powerclerk Production: 6,278 kWh (Year One)
System Size: 3,430 Watts
Powerclerk Production: 3,134 kWh (Year One)
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Estimated Per Powerclerk Actual
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THE SOLARIZE PROCESS
Prequalification
Site visit/shade analysis
Proposal
Contract
Home energy audit
Install (racking/inverters/panels/electrical)
Inspections (municipal/utility/CEFIA)
Utility approval to energize
Closeout meeting with homeowner
Start To Finish
Typically takes approximately 90 days
Permits
System design
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If my roof is not suitable, do I have other solar options?
HOW SOLAR WORKS Ground Mount
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SOLARIZE PANELS Options
LG 2
55
1C
-G3
Mo
no
CA
NA
DIA
N S
OLA
R C
S6P
-25
5P
Po
ly
SUN
IVA
MV
X2
50
-60
-5-7
01
Po
ly
• Winaico and LG are ‘base’ options • Canadian Solar, Suniva and Phono also available • Panel options to suit all tastes
PH
ON
O P
S25
0P
B-2
0/U
Po
ly
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SOLARIZE PRICING Available Incentives
CEFIA Rebate
• Rebate amount is based on the solar system’s efficiency (azimuth, shading degrees, pitch, etc.)
• Rebate is offered for system sizes up to 10kW
• Rebate amount cannot exceed 35% of the Gross System Cost
• Rebate amount is deducted from the Gross System Cost immediately (homeowner does not have to wait for the rebate)
30% Federal Income Tax Credit (ITC)
• 30% of the system cost after CEFIA rebate
• Tax Credit is available until 2016 and excess
Tax Credit amount may be carried over
• No incentive cap
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PURCHASE OR LEASE Options
What makes it special? Do you own
your system? Requires a
down-payment? Terms Minimum FICO
Direct Purchase Greatest return on investment and
lowest cost per kilowatt hour Yes
Yes – Minimum of 10%
90 days N/A
CT Solar Loan - Sungage
Low monthly payments to make owning solar affordable
Yes Yes – Minumum of
5% 15 years 680
Smart-E Loan - Local Banks
Quick and easy financing from your local bank
Finance other home improvement projects related to solar, such as a
roof replacement
Yes Not required 5-12 years 640
Admiral's Bank Loan
Low monthly payments with a secured loan
Yes Not required 5-20 years 650
GeoSmart Same-As-Cash Loan
(Only for ITC)
Option to "float" your 30% ITC for 12 months with no interest
Yes Not required 12 months 650
CT Solar Lease - AFC First Bank
No money down; immediate savings on electric bill
No (option to buy after 5 years)
Not required 20 years 640
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PURCHASE OR LEASE Total Savings Snapshot
Assumptions • System size: 7 kW • Utility cost of electricity: $0.19/kWh • Annual increase from utility: 3%
Total Savings
Direct Purchase $38,934.94 CT Solar Loan $26,252.98
CT Solar Lease - Non-escalating $15,936.21
CT Solar Lease - 2.99% Escalator $13,675.89
• Direct Purchase and CT Solar Loan savings are over 25 years
• CT Solar Lease savings are over 20 years
$0.00
$5,000.00
$10,000.00
$15,000.00
$20,000.00
$25,000.00
$30,000.00
$35,000.00
$40,000.00
Total Savings
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Tier 1 3 Homes
$4.19/watt 1kW – 25kW
Tier 2 4 - 8 Homes $4.16/watt 25kW – 50kW
Tier 3 9 - 22 Homes $4.08/watt
50kW – 150kW
Tier 4 23 - 35 Homes
$4.01/watt 150kW – 250kW
Tier 5 36+ Homes $3.98/watt
250kW +
Market Tier 1 Tier 3 Tier 5
Price $33,322 $29,330 $28,560 $27,860 Cost per Watt $4.76 $4.19 $4.08 $3.98
CEFIA Incentive ($9,427) ($9,427) ($9,427) ($9,427) Federal Tax Credit ($7,169) ($5,971) ($5,740) ($5,530)
Your Net Price $16,726 $13,932 $13,393 $12,903
SOLARIZE PRICING Tiered Approach – 7 kW System Size
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GREAT NEWS!
• We will offer TIER 5 pricing to the first 10 residents that sign a contract to purchase a system (direct purchase or finance purchase)
• Additionally, these first 10 will also receive $1,000 off the total system cost
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ADDITIONAL SERVICES
Emergency Battery Back-up Power
• Emergency back-up power to keep your lights on & your family safe during a blackout
• Your solar system charges the batteries for use when the electrical grid is down
• 100% CLEAN energy- ZERO emissions
• Completely silent- no motors or moving parts
Mighty Joe Roof Cleaning
• Enhance your curb appeal • Affordable • Removes mold, lichens & moss
from your roof without damaging the shingles
• 2-year guarantee
LED Lighting
• Save even MORE money on your electric bill by conserving your lighting usage
• No mercury or hazardous gases- no disposal requirements
• Most bulbs produce over 50,000 hours of light
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FAQ
1. Do my solar panels produce energy when the grid goes down?
2. Do my solar panels only produce energy when the sun is out?
3. What maintenance is recommended?
4. Will a solar installation increase the value of my home?
5. Will installing solar increase my property taxes?
6. Does homeowner's insurance cover my solar system?
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