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Solarize Greenwich Launch Meeting Slide Show Solarize Greenwich Launch Meeting Slide Show Presentation Transcript

  • 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
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. 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 View slide
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. 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? View slide
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. CURRENT TRENDS Solar and Utility Connecticut Cost of ElectricityNational Cost/Watt for Solar Installation Source: U.S. Energy Information AdministrationSource: 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
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. 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:
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. 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
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. 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
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. HOW SOLAR WORKS Step 1 - Flashing
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. HOW SOLAR WORKS Step 2 - Rails
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. HOW SOLAR WORKS Step 3 - Microinverters
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. HOW SOLAR WORKS Step 4 - Panels
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. HOW SOLAR WORKS Step 5 – Electrical Connections
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. 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) 0 100 200 300 400 500 600 0 100 200 300 400 500 600 700 800 0 100 200 300 400 500 600 700 800 900 Estimated Per Powerclerk Actual
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. 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 StartTo Finish Typically takes approximately 90 days Permits System design
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. If my roof is not suitable, do I have other solar options? HOW SOLAR WORKS Ground Mount
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. SOLARIZE PANELS Options LG2551C-G3Mono CANADIANSOLARCS6P-255PPoly SUNIVAMVX250-60-5-701Poly • Winaico and LG are ‘base’ options • Canadian Solar, Suniva and Phono also available • Panel options to suit all tastes PHONOPS250PB-20/UPoly
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. 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
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. 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
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. 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
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. 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
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. 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
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. 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
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc. 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?
  • CONFIDENTIAL & PROPRIETARY © Renewable Resources Energy Solutions, Inc.