Presentation for: Photovoltaic Roof-Installation Ground Mounted Installation By, Joseph Pecorelli, CEO Document/Fulfillment Center Applications K5 engineering cell 416 829 9435 [email_address]
“ Ontario’s Green Energy Act could propel the Province past California as the most Innovative North America leader in the Renewable energy field” K5 Green Energy Q: Can my roof be repaired after the equipment is installed? A: PV panels can be removed for service of the system and your roof. If need be, the entire system can be removed from the roof. If you need to replace or have work done on your roof – do so before adding a PV system. If you already have a PV system installed and need a new roof, contact the PV installer (or Solar Home Energy Solutions), before roof repair work is begun. [email_address]
Engineering, Finance & design
our mission is to significantly decrease carbon dioxside emission and to significantly reduce the dependency from fossil and nuclear fuels
Provides all the necessary engineering to construct optimized solar, ethanol. Bio-diesel and Algae installations.
Backed by more than 10 MWp of development experience in Italy –one of the world’s largest countries of solar PV development.
This wealth of experience , combined with our Germany-based engineering team, ensures impact-less, highly efficient installations tha over-perform for many decades.
K5 Green Energy [email_address]
K5 Green Energy Inc Construction & Maintenance Established in 2006, is a privately owned company in the Kidd Teller Park in Loyalist county. Ontario largest green energy production park with solar, Ethanol Biodiesel and Algae production. K5 operates there own 10MW farm ( In the planning stage now) experience ideally suited to efficient, high quality installation of solar PV equipment Efficient and responsive after installation service to all panels and associated electrical system provided by one of the local service offices in Ottawa, Montreal, Kingston, Toronto Hamilton london Sarnia and Windsor. K5 Green Energy [email_address]
Ontario’s Energy Market, Overview On feb 23 rd , 2009, Bill 150- the Green Energy Act (GEA) was introduced On May 14 th 2009, the new act was passed in to law . Ontario’s current energy mix includes approximately 8,300 MW of installed capacity from renewable energy sources. Ontario’s goal is 10,000MW by 2015 and 25,000MW by 2025 Although the GTA is in its infant stage, it plans to achive this goal by focosing on making renewable energy projects financially viable [email_address]
Ontario’s Energy Market, Feed in Tariffs
Bill 150 oblige that all utilities ( I.E. Hydro One) grant priority grid access to renewable energy projects.
Developers of renewable energy projects will be incentivized
The GEA proposes a revised Feed-In Tariff ( FIT) system, which will mimic Germany’s, Spain’s, and France’s successful programs
The new FIT will ensure a guaranteed return on investment for developers
According to many expert, the GTA has the potential to make Ontario a world leader in renewable energy production and energy conservation.
K5 Green Energy [email_address]
Renewable, Fuel less Energy Solar ( fuel-less) Hydro ( fuel-less) Cellulosic Ethanol’/ Bio Diesel Algae K5 Green Energy OPA's Feed-in Tariff Targets all of these renewable Energy
Option 1: Lease Roof Space Option 2: Own the Solar Installation K5 Green Energy
Ontario’s Energy Market, Opportunities?
The highest FIT’s proposed are for development of solar Photovoltaic (SPV) systems
These systems come in two formats;
The Highest Fit is for roof mounted systems with a regressive fee based on increasing size.
Agreement with the Ontario Power Authority ( OPA) have a minimu, duration of 20 years,
K5 Green Energy
Lease your Roof Space- generate income from an underutilized Asset
Your roof space can be leased to a solar developer to generate a new revenue stream.
Revenue will vary based on design and structural considerations
( approx, 30 cents/sq used/year)
No investment required
System does typically not require any roof penetration nor interferes with exsiting roof usage.
Design and installation process completed in a transparent manner with building owner.
K5 Green Energy
Q: How much of my electric bill will be eliminated with a Solar Solution? A: The amount that your electric bill can be reduced depends on many factors. Your ability to manage your use of electricity (the “load”) is important. If your house’s “load” is 7 kWh AC, and your PV system has an AC output of 7 kWh – then your electric bill will be very little (less than $100/year). If your house’s “load is 12 kWh AC and your system’s AC output is 6 kWh, your expectations should be for an electric bill reduction by ½ of the previous year’s. Remember that if you add electrical devices (more televisions, computers, freezers, room additions, etc.,) that increase your “load” after installing a PV system – you will be using more electricity. Q: Will my roof support the weight of all that equipment? A: At the time of your home purchase, it was approved as meeting Uniform Construction Code (UCC) guidelines and specifications (to hold >75 lbs/square foot). Solar Photovoltaic (PV) panels for residential installation have been designed to be compliant with these building codes. A PV system will be well supported on roofs that meet code (PV system adds <3lbs/square foot) to a roof load. If you’re unsure about your roof still meeting code due to age or other conditions – Solar Home Energy Solutions can help you with a building engineer’s analysis Q: What if it snows/ ices heavily? A: Accumulation of snowfall or ice will diminish the system’s output if the panels are covered. You will notice however, that the solar panels are located on the sunnier side of your roof and that snow and ice will melt fastest in this area. Bottom line, you don’t need to do a thing if they are covered in snow or ice. PV systems work well in sunlight (whether it is hot or freezing). Once the snow and ice melt or blow off the panels, they will start to generate electricity Q: How much of my electric bill will be eliminated with a Solar Solution? A: The amount that your electric bill can be reduced depends on many factors. Your ability to manage your use of electricity (the “load”) is important. If your house’s “load” is 7 kWh AC, and your PV system has an AC output of 7 kWh – then your electric bill will be very little (less than $100/year). If your house’s “load is 12 kWh AC and your system’s AC output is 6 kWh, your expectations should be for an electric bill reduction by ½ of the previous year’s. Remember that if you add electrical devices (more televisions, computers, freezers, room additions, etc.,) that increase your “load” after installing a PV system – you will be using more electricity K5 Green Energy
Invest in your own Roof space – to generate attractive returns, while significantly increasing the value of your biulding
Investment varies depending on rooftop capacity:
About * $ Can 350,000 for a 250 KWp installation ( * 80% debt, 20% equity)
Guaranteed IRRs range between : 11 and 13% depending on the size of the project, connectivity cost ,cost of debt, and location of the building.
Typically cash flow positive after the first year, yielding over a period of at least 20 years, mostly extendable foe an additional 5- -10 years.
K5 Green Energy Q: What if it snows/ ices heavily? A: Accumulation of snowfall or ice will diminish the system’s output if the panels are covered. You will notice however, that the solar panels are located on the sunnier side of your roof and that snow and ice will melt fastest in this area. Bottom line, you don’t need to do a thing if they are covered in snow or ice. PV systems work well in sunlight (whether it is hot or freezing). Once the snow and ice melt or blow off the panels, they will start to generate electricity.
K5 Green Energy
Example installation ( 249 KWP )
Required space 25,000-50,000 sqft
Expected electricity production 275.000KWh per year
Average income ( revenue-/- operation cost) $ 190.000 per year
For a period of 20 years
Own investment* $ 375.000
Total net cash flow ( over 20 years) $ 1 m( after tax)
Grid-tie solar systems are used for homes in the city. A solar system mounted on a roof can produce same or most of the eletricity consumed in the homes. Most Canadian houses use between 5,000 KWh ( very efficient) and 13,000KWh ( not so efficient) per year Solar system can reduce eletrical consumption by the following amount Array Size KWh/ per year % typical electrical load 1Kilowatt 1250 12% -25% 5 Kilowatt 6250 55% -125% 10 Kilowatt 12500 100%- 250%
Tax aspects of solar PV installatios
Accelerate depriciation: advantageus tax facility for solar PV installation
Unused tax losses can be attributed to other sources of income, thereby creating an additional tax brake
Losses that cannot be deducted from other sources of income can be carried forward and claimed against futere income
Please note : tax situations are specific for eachand every situation and should therefore always be discussed with your tax advisor.
3 kWh $23,500.00
7 kWh $55,000.00
10 kWh $71,000.00
K5 Green Energy
Review the standard lease agreement and if the project seems viable then------
Make available roof structural plants for initial review, If this step is successful ----
Conduct a preliminary site visit to determine other variable factors such as shading, roof impediment, proximity to inter connection, client aesthetic concerns
Provide an initial assessment to the customer
Preliminary review is positive- move to detailed engineering
K5 Green Energy
Plans not available Measure Building Roof Project Structural Plans? Structure Suitable Prepare Proposal Proposal Accepted Estimate the cost To re-enforce Down Payment Engine ering Down Payment Order Materials Construction Connect Final Payment Admin Maintenance Cost To re-enforce Cost OK Building Owenr decition K5 Green Energy
Founded in 2005, K5 is an engineering company that manufactures Photovaoltaic panells in Kingston On . K5 also produces Ethanol, Biodiesel and Algae farm To feed stuck the Etanol and Bio diesel K5 Uses only the best equipment from Germany to produce our panels “ automated fulfillment solutions.” Made in Canada for Canada CEO Joseph Pecorelli About K5 K5 Green Energy