Draft One of Artisan Renewables Free Workshop for Homeowners

1. Utilizing Government Grants to
Make Your Home More
Comfortable and Profitable
Chris Williams - Artisan Renewables
cwilliams@artisanreneables.com
617 702 2676

2. What you (the homeowner) will
takeaway from this workshop
✤ Where you can invest in your home and how it can improve comfort,
durability, and your financial condition
✤ How each renewable energy technology works, and how we integrate
into your home
✤ Which houses, and property owners are best suited.
✤ The positives and negative of investing in each technology
✤ How to take advantage of government incentives.
✤ What you can do next if you’re interested in investing in renewables

3. Outline of time
✤ My Story - 4 minutes
✤ Problems and Opportunities - 7.63 minutes
✤ Solutions and Technologies - 11.50 minutes
✤ Benefits and Downsides to you - 3.78 minutes
✤ Government Incentives - 4.14 minutes
✤ Next Steps - 1.99 minutes
✤ Q+A - How many questions do you have?

4. My Story
✤ IGSHPA Certified Geothermal Installer
✤ NABCEP Solar PV Installer
✤ Installed over 300kW of solar pv [ picture]
✤ Installed tens of residential geothermal systems
✤ Over 20 residential and commercial solar thermal
✤ Babson College Graduate
✤ HeatSpring Learning Institute CMO
✤ Write articles for Renewable Energy World,
Alternative Energy Stocks, Cleantechies

5. Artisan Builders --> Renewables
✤ Started by 3 guys 30 years ago
✤ Specialize in renovation and creating super-efficient shells
✤ KNOW Maine buildings and how to integrate new systems
✤ Expanding into renewables

6. 1. Problems and Opportunities
✤ Belfast Establish in 1853
✤ Built in Back in Brick
✤ Small Community but OLD HOMES + Oil Heat
✤ Ballon Framing. Single Pane Windows. Poor insulation's and air
sealing
✤ Maine’s primarily driven by oil heat due to our location and
density
✤ OLD Homes and OIL Heat = Bad combo :(
✤

7. 1. Cost

8. 1. Comfort

9. 1. Comfort

10. 2. Solutions and Technology
✤ Cost
✤ Geothermal, Solar PV, Solar Thermal
✤ Comfort
✤ Geothermal, Energy Audit - Addresses air leaks
✤ Durability
✤ Energy Audit - Address mold, structural, and insulation issues
✤ What you can easily do yourself to save money and increase comfort

11. Energy Audit Solution

12. Geothermal. Like your fridge?

13. Geothermal Explained

15. Solar Photovoltaic Explained

18. Solar Thermal Explained

20. What you can do yourself?
✤ Power strips
✤ Kill a watt
✤ The Energy Detective
✤ Programmable Thermostate
✤ Lighting Changes
✤ Showerheards

21. 3. Benefits and Downsides
✤ Benefits ✤ Downsides
✤ Great Financial Returns (SEE ✤ Cash Investment - Do you have
Next Slide) the cash?
✤ Increase in Property Value ✤ Can you take advantage of
gov’t grants?
✤ Comfort - HUGE difference,
especially in old houses ✤ Are you staying in your home
for a while? Do you own your
✤ Increasing durability home?
✤ Contractors in your home.

22. 3. Financial Benefits

23. Oil at $ 3.50 gallon....
✤ IRR around 18% pre-tax.
✤ 1 dollar invested yield .18
return for the next 30 years

24. 3. Financial Benefits - Solar PV
Your Electric Utility Costs
40,000
✤ Over the next 20 years
electricity from your
30,000
utility will cost you
$32,567
20,000
✤ Cash Purchase Returns
Minimum IRR of 7%
10,000
✤ Government Financing at
5% 0
0 20

25. 3. Financial - Solar Thermal
✤ Average home solar thermal saves 300 - 350 gallons per year.
✤ @ $3.50 per gallon that is...at least $1050 per year.
✤ Cash Returns are high $10k invested yields around $1050 savings
every year for the next 30 years.
✤ VERY Little Risk - You use hot water during recessions!
✤ Financed with a PACE loan (SEE Next Slide). More profitable from
day 1 --> Savings from oil = $107, additional loan $74, $29 dollar
savings from day 1. After 10 year, you’ll save whole amount

26. 3. Financial - Energy Audits
✤ Takes the most work - but cream of the crop. Increase comfort and cash!
✤ Can range from 2k to 20k just for the project. Varies widely.
✤ Energy savings between 10% and 50% depending on the state of your
home.
✤ 1st Phase: Weather stripping doors and windows, air sealing
basement, living, chimney, etc. Smart strips, switching appliances
✤ 2nd Phase: Whole house insulation, New windows/doors, adding
storm windows, HVAC upgrades
✤ 3rd Stage (or 1st if needed) Removing and replacing rotten cills,
porches, new roofs etc

27. 4. Government Incentives
(Federal)
✤ 30 % Federal Government Investment Tax Credit
✤ Until 2012 Can Apply as 1603 Grant in Lieu of Tax Credit
✤ MACRS - Modified Accelerated Costs Recovery Systems.
✤ Only Allowed for Commercial Properties
✤ 100% Bonus Depreciation until 2012 on Year 1
✤ 2012 50% on Year 1, then the rest over 5 years

28. 4. Maine State Incentives
Financing
✤ Rebates
✤ PACE - Up to $15k at 4.99%, 15
✤ Solar Rebates: year fixed interest rate.
Available in Belfast.
✤ Solar PV up to $2k
✤ New Generation Energy
✤ Solar Thermal up to $1k Commercial Solar Lending - Up
to $100k at 0 to 5% interest
✤ Home Energy Savings Plan.
30% project costs, up to $1.5k ✤ Small Business Loan Program -
For efficiency + solar thermal 90% of cost up to $35,000. 1%
interest

29. 5. Next Steps
✤ Best Candidates for Investing in
Their Homes
✤ How to Spot a Good Contractor
✤ Specific Process for Getting Work
Done

30. Best Candidates for Investing
✤ Own their home, planning on staying for 20 years
✤ Have tax appetite - Government based on tax credits
✤ Have cash and are looking for solid investment with little
risk
✤ Old house that is uncomfortable and inefficient
✤ Going to be replacing equipment soon anyway

31. How to Spot a good Contractor
✤ IGSHPA - Geothermal Installer
✤ NABCEP Certified for Solar
✤ Years of Building Experience - at least 10 years focused on energy efficiency
working on Maine Buildings
✤ Huge difference between knowing how to build a home and making it
energy efficient
✤ References - Always ask for references
✤ Do they know financing or are they just builders?
✤ All in one shop?

32. Process for Investing
✤ Find a good contractor (SEE last slide)
✤ Discuss your interests with them, get feedback
✤ Schedule a site visit
✤ Analyze Recommendations Made on Site Visit
✤ Make a yes/no decision

33. Questions and Answer?
✤ Chris Williams [photo]
✤ Phone
✤ Email
✤ Address
✤ Website