Solarize Greenwich Launch Meeting Slide Show

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CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc.

Transcript of Solarize Greenwich Launch Meeting Slide Show

Page 1: Solarize Greenwich Launch Meeting Slide Show

CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc.

Page 2: Solarize Greenwich Launch Meeting Slide Show

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

Page 3: Solarize Greenwich Launch Meeting Slide Show

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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?

Page 5: Solarize Greenwich Launch Meeting Slide Show

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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:

Page 7: Solarize Greenwich Launch Meeting Slide Show

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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

Page 8: Solarize Greenwich Launch Meeting Slide Show

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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

Page 9: Solarize Greenwich Launch Meeting Slide Show

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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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500

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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

Page 17: Solarize Greenwich Launch Meeting Slide Show

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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

Page 22: Solarize Greenwich Launch Meeting Slide Show

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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

Page 24: Solarize Greenwich Launch Meeting Slide Show

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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?