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Solar Energy Choices
www.powerchoicesavings.com
                             Solar Energy Today:
     Raj Dwivedi’s Blog      Delivering on the Promise




  For Power Choice Savings

                             Mercury Solar Systems, Inc.
                             Commercial Solar Division
                             Raj Dwivedi
                             410-992-2646 office; 301-892-0207 mobile
                             rdwivedi@mercurysolarsystems.com
Mercury Solar Systems
• Headquarters in Port Chester, NY
• Multiple offices in NY, CT, NJ, PA,
  MA, MD (200 employees)
• Over 2000 installations on the
  East Coast!
          • 3 lines of business
• Average over 20 years
  experience in solar engineering,
  professional services, finance, customer
  service & general contracting services
• Company growth is organic and through
  strategic acquisition
• Single source for design, procurement,
  installation and service
          • Solar electric (leveraging industry
             leading products)
• Experience with local utilities, building
  permits & other agencies
• Financially strong with over 870% growth in
  past 3 years!
• Inc. 500 top 10 in 2010; top 14 in 2011
• Over 2000 installations and $100 million in revenues
Mercury Lines of Business




   Diverse Global Partnerships                      Diverse and efficient supply chain
                                                    provides smart risk mitigation strategy
                                                    and provides added assurance that
                                                    that the supply chain is not affected
                                                    by market disruptions due to tariffs,
                                                    new technologies, new entrants or
                                                    the bargaining power of any one
                                                    supplier.

                                                    Mercury Solar Systems procures more
                                                    solar PV panels and operates on a
                                                    scale unique to most other US solar
                                                    PV integrators with Solar PV revenues
                                                    of close to $100 million in 2010.

 Access to Capital
Mercury Solar Systems enjoys access to capital
 from Oppenheimer Funds and others because
of the company’s strong financial performance
  and zero financial liabilities. Customers have
more options with Mercury than most other PV
       integrators because Mercury services and
     commits to operate and maintain 3rd party
    installed systems. Mercury Solar Systems is
           chosen as the financial partner and PV
        integrator because of their commitment,
      experience and quality in building solar PV
          power plants to last 25 yrs maintaining
                                        warranty.
Value of Working with Mercury Solar Systems
• Access to Capital
• Management Team
• Growth & Risk Mitigation Plan
• Horizon Scan For Industry Sector
• Company’s Exit Strategy
• Turnkey Design/Build Firm
• Provide Host Customer with Best Solution for their needs
• Financially Strong and Growing Business
• Work with Strong Partners
    – PSE&G
    – SunPower
    – SunEdison
• Develop Financing options after Design of Solution
• Customer’s get a quality solution!
Standard Methodology for Installations

                  Operations
                      &        Site Analysis
                 Maintenance




Construction                                    Design &
& Installation                                 Engineering




                 Procurement   Permitting
Notable Corporate Customers
Commercial:

      • BP Solar O&M Contract (BP Solar exited industry)
      • PSE&G, Newark, NJ 1.1MW
      • Pepsi, Valhalla, NY-50kW
      • Talbot County, Maryland 550kW
      • Oakdale High School, Frederick, MD 500kW
      • Estee Lauder, Long Island, NY -100kW
      • Benerofe Properties, Purchase, NY - 200kW
      • Daymon Worldwide, Stamford CT - 353kW
      • International Rollforms, Deptford, NJ - 383 kW
      • World Class Flowers, Egg Harbor Twp, 600kW
      • Over 35mW so far installed by Mercury Solar Systems thru 2012
Residential:
      • Over 1200 solar systems installed
Municipalities:
      • Awarded 12 projects in NJ,NY & MD
Solar PV Carports & Electric Vehicle
 Let Raj Dwivedi with Mercury Solar
Systems help attract new business        Charging Stations Make for Good
to your commercial space with solar
powered parking ports. 33 available      Investment Attracting New Customers and
parking spaces will generate around      Brand Enhancement to parking space!
73,088 kWh which has a SREC
value in MD of $18,250 at today’s
SRECTrade value of $250/SREC or
1,000 kWh.

Get multiple benefits by installing PV
solar carports to shade vehicles,
maximize available land use without
disturbing fields, avoid roof
upgrades, provide smart EV
charging stations in your lot space.

This not only improves the value of
your space, but brings new
awareness to EV drivers of your
commercially owned space. Level 2
smart charge systems from
providers such as Semaconnect
provide commercial building owners
with intelligent charger systems
which can fully charge EV batteries
in 4 hours and bill the metered
usage directly to a credit card using
their intelligent RFID system which
functions much like the EZ Pass
system. A 15 minute trip to the store
extends the range on the EV by 15
to 20 miles and EV drivers seek out
EV charging sites.

The EV smart metered charging
station is a profitable solution for
commercial shopping sites where
having a Solar PV array as the
source of the power benefits the
property owners in measurable ways
that are extremely profitable and
cash flow positive from day one.

Commercial building owners can
easily convert their parking spaces
into revenue generating
opportunities encouraging EV
drivers to seek out their facilities.

       Contact Raj Dwivedi at

  301-892-0207, 410-992-2646 or
rdwivedi@mercurysolarsolutions.com
Thomas Edison in 1931 said, “I’d
 put my money on the sun and
 solar energy. What a source of
 power! I hope we don’t have to
 wait until oil and coal run out
     before we tackle that.”

Solar PV Technology is
 Economical & Smart!
Oakdale High School below lowered
  their cost of electricity by 50%
Financial Solutions Purchase
                                                                     Executive Summary - Capital Purchase
                                                                                   Sample
                                                                                                   System Performance Summary
                                                                                                                                                                                                          11%
                                     System Information:
         System Total Size (KW):          98.84                                                             Production Compared to Year 1 Usage:                                                                           Usage
        Panel Type and Quantity:      353 (G) Std Efficiency, 280W, 77"x39.1"                                                                    Usage for 1 Year: 1,000,000 kWh
      Inverter Type and Quantity:       2 (G) Central/String Inverter                                                            Est. 1 Year Electricity Production: 114,000 kWh
                       Panel Tilt:        5                                                                                     Percentage of Production to Usage:       11%                                               Solar
                        Azimuth:          200                                                                                              Avoided Cost ($/KWh):        $0.135
         Roof Coverage of Solar:          9,006 sq. ft.
                                                                                                                                                                                                                           Generation
                                                                                                                                                                                                         89%



                                     Net Cost Information:                                                      Your Solar System:
                             Project Cost:                 $427,977                                             Total Power Production:          2,685,378 kWh
       LESS:            30% Federal ITC:                  ($128,393)                        25 Year Average Rate per kWhr with Solar:                $0.046
       LESS:            Maryland Rebate:                   ($49,420)                                          Upside of SRECs at $250:              $268,358                               Mercury Commercial Information:
         Net Cost Before Depreciation:                     $250,164                                                                                                               January 2011 - Present Installed:        150 Systems
                                                                                                   vs. The Utility Company Over 25 Years:                                      January 2011 - Present Installations:   $70,000,000 Revenue
       LESS:    Tax Impact of Total Dep.:                 ($145,512)                    25 Year Average Rate of Remaining with Utility:                $0.276                 January 2011 - Present mW Installed:           15 mW
                           Tax on Rebate:                  $19,768                                  25 Year Cost Without Going Solar:                ($731,741)                                2011 Sales to Date:     $80,000,000 Revenue
            Net Cost After Incentives:                     $124,420                                                                                                                                     2010 Sales:    $101,466,207 Revenue
                                                                                                                                                                                                    2010 mW Sold:           26.597 mW
            Est. SREC Revenue (Year 1):                    $28,500                                      Annual Environmental Impacts:                                             Largest System Installed in 2011:          3.6mW
         Est. Electricity Savings (Year 1):                $15,390                                              Cans of Soda Recycled:                216,908
           1st Year Earnings/Savings:                      $43,890                                                    Trees Planted:                    1,904
                                                                                                        Waste Recycled vs. Landfilled:               34,281 lbs.
             Simple Pre Tax Payback:                      34 Months                                                      CO2 Offset:                 81,852 lbs.
                                                                                                                Gasoline not Burned:                  3,261 gal.



                                Depreciation Schedule                                                                                                           Cash on Cash with Bonus Depreciation
                                                                                                                                                          Cash Flow Payback:                     59 Months
       Total Project Investment                                            $427,977
                                                                                                                                                          NPV:                                    $152,255
       Adjusted Basis                                                      $363,781                                                                       Annual Rate of Return:                    15%
       50% Depreciation                                                    $181,890                                                                       Cumulative Cash for 25 Years:           $449,866
                                                                                                                                                                      Cumulative Cash Lifetime
       MACR Schedule                          50% Bonus Depreciation                  Tax Impact at 40%                $500,000
                                                                                                                       $400,000
       yr 1     60.02%                              $218,341                                $87,336
                                                                                                                       $300,000
       yr 2     16.00%                               $58,205                                $23,282
                                                                                                                       $200,000
       yr 3      9.60%                               $34,923                                $13,969                    $100,000
       yr 4      5.75%                               $20,917                                 $8,367                             $0
       yr 5      5.75%                               $20,917                                 $8,367                   ($100,000)
       yr 6      2.88%                               $10,477                                 $4,191                   ($200,000)
                                                                                                                                     1   2   3   4    5     6     7   8   9   10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
       Totals                                       $363,781                                $145,512

Notes:Electricity rates are assumed to increase and average of 5.5% per annum                                                                Useful Economic Life of a system is assumed to be 25 years
       System degradation is assumed at an average of .5% per annum                                                                          The Federal Investment Tax Credit is 30% of the system cost
       SRECs are assumed at $250 for Year 1, then follows the ACP for Years 2-15                                                             Assumed tax rate is 40%
Financial Solutions Loan
                                                                       Executive Summary - Loan Option
                                                                             Sample 99kW System
                                                                                               System Performance Summary
                                                                                                                                                                                                11%
                                 System Information:
         System Total Size (KW ):         98.84                                                       Production Compared to Year 1 Usage:                                                                       Usage
        Panel Type and Quantity:      353 (G) Std Efficiency, 280W, 77"x39.1"                                                         Usage for 1 Year: 1,000,000 kWh
      Inverter Type and Quantity:       2 (G) Central/String Inverter                                                 Est. 1 Year Electricity Production: 114,000 kWh
                       Panel Tilt:        5                                                                          Percentage of Production to Usage:       11%                                                Solar
                        Azimuth:          200                                                                                   Avoided Cost ($/KWh):        $0.135
         Roof Coverage of Solar:          9,006 sq. ft.
                                                                                                                                                                                                                 Generation
                                                                                                                                                                                               89%



                                Net Cost Information:                                                   Your Solar System:
                      Amount to Finance:               $427,977                                          Total Power Production:        2,685,378 kWh
       LESS:            30% Federal ITC:              ($128,393)                      25 Year Average Rate per kW hr with Solar:            $0.068
       LESS:            Maryland Rebate:               ($49,420)                                      Upside of SRECs at $250:             $268,358                             Mercury Commercial Information:
         Net Cost Before Depreciation:                 $250,164                                                                                                         January 2011 - Present Installed:        150 Systems
                                                                                             vs. The Utility Company Over 25 Years:                                  January 2011 - Present Installations:   $70,000,000 Revenue
       LESS:     Tax Impact of Total Dep.:            ($145,512)                  25 Year Average Rate of Remaining with Utility:          $0.276                   January 2011 - Present mW Installed:           15 mW
                           Tax on Rebate:               $19,768                               25 Year Cost W ithout Going Solar:         ($731,741)                                  2011 Sales to Date:     $80,000,000 Revenue
            Net Cost After Incentives:                 $124,420                                                                                                                              2010 Sales:     $101,466,207 Revenue
                                                                                                                                                                                          2010 mW Sold:           26.597 mW
            Est. SREC Revenue (Year 1):                $28,500                                   Annual Environmental Impacts:                                          Largest System Installed in 2011:          3.6mW
         Est. Electricity Savings (Year 1):            $15,390                                           Cans of Soda Recycled:               216,908
           1st Year Earnings/Savings:                  $43,890                                                    Trees Planted:               1,904
                                                                                                  W aste Recycled vs. Landfilled:            34,281 lbs.
                                                                                                                    CO2 Offset:              81,852 lbs.
                                                                                                           Gasoline not Burned:               3,261 gal.



                            Depreciation Schedule                                                                                                  Cash on Cash with Bonus Depreciation
                                                                                                                                                Cash Flow Payback:                 Not Applicable
       Total Project Investment                                    $427,977
                                                                                                                                                NPV:                                 $179,524
       Adjusted Basis                                              $363,781                                                                     Annual Rate of Return:               No Outlay
       50% Depreciation                                            $181,890                                                                     Cumulative Cash for 25 Years:        $415,086
                                                                                                                                                            Cumulative Cash Lifetime
       MACR Schedule                      50% Bonus Depreciation                Tax Impact at 40%              $500,000

       yr 1     60.02%                          $218,341                              $87,336                  $400,000

       yr 2     16.00%                           $58,205                              $23,282                  $300,000

       yr 3      9.60%                           $34,923                              $13,969                  $200,000

       yr 4      5.75%                           $20,917                               $8,367                  $100,000

       yr 5      5.75%                           $20,917                               $8,367                        $0

       yr 6      2.88%                           $10,477                               $4,191                 ($100,000)
                                                                                                                           1   2    3    4     5   6    7   8   9   10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
       Totals                                   $363,781                              $145,512

Notes:Electricity rates are assumed to increase and average of 5.5% per annum                                                                                   Useful Economic Life of a system is assumed to be 25 years
       System degradation is assumed at an average of .5% per annum                                                                                             The Federal Investment Tax Credit is 30% of the system cost
       SRECs are assumed at $250 for Year 1, then follows the ACP for Years 2-15                                                                                Assumed tax rate is 40%
Financial Solutions Lease

                                                                Executive Summary - Lease Option
                                                                                   Sample 99kW System
                                                                                                    System Performance Summary

                                  System Information:                                                                        Purchase Information:                                         Financial Information:
           System Total Size (KW):             98.84                                                                             Annual Lease Cost:         ($54,000)              Lease Option Post Tax:
           Panel Type and Quantity:        353 (G) Std Efficiency, 280W, 77"x39.1"                                                                                                    Cash Flow Payback: Instant Payback
         Inverter Type and Quantity:         2 (G) Central/String Inverter                                         Est. Electricity Savings (Year 1):       $15,390                 Annual Rate of Return:     No Outlay
                          Panel Tilt:          5                                                                     Est. SREC Revenue (Year 1):            $28,500               Net Present Value (NPV):       $32,081
                           Azimuth:            200                                                                     SRECs Generated (Year 1):              114                Cumulative 25 Year Cash:       $198,928
           Roof Coverage of Solar:                   9,006 sq. ft.
                                                                                                                                     Annual Cashflow:       -$10,110

                                                                                                                                                                                                          11%
                        Annual Environmental Impacts:                                                                    Production Compared to Year 1 Usage:
                    Cans of Soda Recycled:                                216,908                                                   Usage in KWh for 1 Year: 1,000,000                                                Usage
                             Trees Planted:                                1,904                                     Est. 1 Year Electricity Production (KWh):  114,000
               Waste Recycled vs. Landfilled:                            34,281 lbs.                                      Percentage of Production to Usage:    11%                                                   Solar
                               CO2 Offset:                               81,852 lbs.                                                   Avoided Cost ($/KWh):   $0.135                                                 Generation
                       Gasoline not Burned:                              3,261 gal.
                                                                                                                                                                                                           89%

                                 Your Solar System:
                                                                                                                 $300,000
                                                                                                                                                      Cumulative Cash Lifetime
                    Total Power Production:                           2,685,378 kWh
   25 Year Average Rate per kWhr with Solar:                              0.233                                  $200,000
                  Upside of SRECs at $250:                               $268,358                                $100,000
                                                                                                                        $0
                     vs. The Utility Company Over 25 Years:
                                                            $0.276                                               ($100,000)
25 Year Average Rate of Remaining with Utility:
           25 Year Cost Without Going Solar:             ($731,741)                                              ($200,000)
                                                                                                                                 1    2   3   4   5     6    7   8   9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25

            Notes:                   Electricity rates are assumed to increase and average of 5.5% per annum                                            Useful Economic Life of a system is assumed to be 25 years
                                     System degradation is assumed at an average of .5% per annum                                                       The Federal Investment Tax Credit is 30% of the system cost
                                     SRECs are assumed at $250 for Year 1, then follows the ACP for Years 2-15                                          Assumed tax rate is 40%




PV Carports Provide 4 Valuable Functions

     1. Protect and shade vehicles
     2. Make better use of land (leave
        fields open for play)
     3. Avoid roof repair or structural
        upgrade costs
     4. Provide convenient EV charging
        points
Financial Solutions Power Purchase Agreement
                                                                    Executive Summary - PPA Option
                                                                         Sample 99kW System
                                                                                             System Performance Summary
                                                                                                                                                                                    11%
                                     System Information:                                             Production Compared to Year 1 Usage:
                     System Total Size (KW ):      98.84                                                                  Usage for 1 Year: ###########                                                 Usage
                    Panel Type and Quantity:   353 (G) Std Efficiency, 280W, 77"x39.1"                    Est. 1 Year Electricity Production: 114,000 kWh
                  Inverter Type and Quantity:    2 (G) Central/String Inverter                          Percentage of Production to Usage:        11%
                                   Panel Tilt:     5                                                                Avoided Cost ($/KW h):       $0.135
                                                                                                                                                                                                        Solar
                                    Azimuth:       200                                                                                                                                                  Generation
                                                                                                                                                                                    89%


                                     Year 1 Financial Information:                                                                                                    Mercury Commercial Information:
                                                                                                 Annual Environmental Impacts:                               January 2011 - Present Installed: 150 Systems
                            Est. PPA Payment (Year 1):               $10,659                        Cans of Soda Recycled:             216,908           January 2011 - Present Installations:   $70,000,000 Revenue
                       Est. Electricity Savings (Year 1):            $15,390                                     Trees Planted:         1,904           January 2011 - Present mW Installed:             15 mW
                                Annual Cashflow (Year 1):             $4,731                 W aste Recycled vs. Landfilled:       34,281 lbs.                            2011 Sales to Date:    $80,000,000 Revenue
                                                                                                                    CO2 Offset:    81,852 lbs.                                    2010 Sales:    $101,466,207 Revenue
                                         Net Present Value:         $80,241                             Gasoline not Burned:           3,261 gal.                              2010 mW Sold:            26.597 mW
Cumulative Cash Lifetime of the System (25 Years):                  $205,873                                                                                 Largest System Installed in 2011:           3.6mW


                                                  Cumulative Cash Lifetime                                                                                  Electricity Savings vs. PPA Cost Lifetime
   $250,000                                                                                                          $50,000
                                                                                                                     $45,000
   $200,000                                                                                                          $40,000
                                                                                                                     $35,000
   $150,000                                                                                                          $30,000
                                                                                                                     $25,000
   $100,000                                                                                                          $20,000
                                                                                                                     $15,000
    $50,000                                                                                                          $10,000
                                                                                                                      $5,000
        $0                                                                                                                $0
              1    2    3   4    5   6    7   8   9   10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25                          1   2    3   4   5   6   7   8   9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25

Notes: Electricity rates are assumed to increase and average of 5.5% per annum                                                                          Useful Economic Life of a system is assumed to be 25 years
          System degradation is assumed at an average of .5% per annum                                                                                  The Federal Investment Tax Credit is 30% of the system cost
          SRECs are assumed at $250 for Year 1, then follows the ACP for Years 2-15                                                                     Assumed tax rate is 40%
Every site is unique and
requires custom design,
engineering and
configuration testing of
structure, soil, wind, roof
material or ground soil
and operational
considerations of the
host site.



Engineering and building
solar PV solutions is all
we do, and we’re
documented to be better
than just about anyone
else on the east coast.



Customers like Solomon
Schlechter School in
White Plains, Oakdale
High School in Maryland,
Riverdale School and
many others are proud of
their choices in choosing
Mercury Solar Systems
and provide references.
550 kW System installed in Talbot
County, Maryland to offset the energy
consumption of the community
center and Ice Rink facility. Energy
costs were cut by nearly 50% with this
ground mount solar project funded by
Nautilus Solar on behalf of Maryland.
Maryland Electricity Rate in $/kWh from 1985-2009
                                  4.1% increase proposed in 2012
$0.14
                                                                                                $.1341/kWh 2009
$0.12


$0.10
                                                 5.5% Annual
$0.08                                            Growth Rate


$0.06                                                                                                   rate in $/kWh


$0.04
                      $.0634/kWh

$0.02


$0.00
        1985             1990             1995             2000             2005

               source: US Energy Information Administration www.eia.gov; MD Public Service Commission



DOE Report - USA
       • Global energy consumption projections to grow 54% by 2025
       • Buildings contribute 48% of carbon emissions vs. 28% for autos (DOE)
       • U.S. represents 5% of the world’s population; consumes 26% of world energy
Maryland Area:
       •   Escalating prices for electricity remain constant (up more than 50% since 2002)
               – Natural gas, coal, and heating oil more volatile- Electric rates steadily rise
       • Rising costs of energy are hurting consumers and businesses at every economic level
       • We import approximately 25% of our energy from outside our state
       • Average usage billed in kWh/month is 1,000 residential, 10,000 commercial and 50,000
          industrial
       • Average per-kWh cost in cents in MD is 13 residential, 12.3 commercial, and 10.3 industrial
       • Electric Supply (or Generation) accounts for 70% of electricity cost for residential customers,
          76% for commercial and 84% for industrial.
       • Distribution costs account for 27% for residential, 21% commercial and 15% for industrial.
Environmental Impact
                      From sample 99kW System
Annual Reduction in Harmful                   Reduction is Equivalent to:
 Carbon Dioxide Emissions:
                                               Planting
        200,000lbs                             2,396
                                               Trees




                                             Avoid
                                             driving
                                             with
                                             10,506
                                             Gallons of
     Raj Dwivedi
     Commercial Solar Developer              Gas
     410-992-2646 Office
     301-892-0207 Mobile
     301-474-2994 Fax

     165 Research Road                                             Recycling
     Greenbelt, MD 20770
                                                                   2,460,318
     www.mercurysolarsystems.com
     Blog Site: www.powerchoicesavings.com                         Cans

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Solar Energy Choices Magazine3

  • 1. Solar Energy Choices www.powerchoicesavings.com Solar Energy Today: Raj Dwivedi’s Blog Delivering on the Promise For Power Choice Savings Mercury Solar Systems, Inc. Commercial Solar Division Raj Dwivedi 410-992-2646 office; 301-892-0207 mobile rdwivedi@mercurysolarsystems.com
  • 2. Mercury Solar Systems • Headquarters in Port Chester, NY • Multiple offices in NY, CT, NJ, PA, MA, MD (200 employees) • Over 2000 installations on the East Coast! • 3 lines of business • Average over 20 years experience in solar engineering, professional services, finance, customer service & general contracting services • Company growth is organic and through strategic acquisition • Single source for design, procurement, installation and service • Solar electric (leveraging industry leading products) • Experience with local utilities, building permits & other agencies • Financially strong with over 870% growth in past 3 years! • Inc. 500 top 10 in 2010; top 14 in 2011 • Over 2000 installations and $100 million in revenues
  • 3. Mercury Lines of Business Diverse Global Partnerships Diverse and efficient supply chain provides smart risk mitigation strategy and provides added assurance that that the supply chain is not affected by market disruptions due to tariffs, new technologies, new entrants or the bargaining power of any one supplier. Mercury Solar Systems procures more solar PV panels and operates on a scale unique to most other US solar PV integrators with Solar PV revenues of close to $100 million in 2010. Access to Capital Mercury Solar Systems enjoys access to capital from Oppenheimer Funds and others because of the company’s strong financial performance and zero financial liabilities. Customers have more options with Mercury than most other PV integrators because Mercury services and commits to operate and maintain 3rd party installed systems. Mercury Solar Systems is chosen as the financial partner and PV integrator because of their commitment, experience and quality in building solar PV power plants to last 25 yrs maintaining warranty.
  • 4. Value of Working with Mercury Solar Systems • Access to Capital • Management Team • Growth & Risk Mitigation Plan • Horizon Scan For Industry Sector • Company’s Exit Strategy • Turnkey Design/Build Firm • Provide Host Customer with Best Solution for their needs • Financially Strong and Growing Business • Work with Strong Partners – PSE&G – SunPower – SunEdison • Develop Financing options after Design of Solution • Customer’s get a quality solution!
  • 5. Standard Methodology for Installations Operations & Site Analysis Maintenance Construction Design & & Installation Engineering Procurement Permitting
  • 6. Notable Corporate Customers Commercial: • BP Solar O&M Contract (BP Solar exited industry) • PSE&G, Newark, NJ 1.1MW • Pepsi, Valhalla, NY-50kW • Talbot County, Maryland 550kW • Oakdale High School, Frederick, MD 500kW • Estee Lauder, Long Island, NY -100kW • Benerofe Properties, Purchase, NY - 200kW • Daymon Worldwide, Stamford CT - 353kW • International Rollforms, Deptford, NJ - 383 kW • World Class Flowers, Egg Harbor Twp, 600kW • Over 35mW so far installed by Mercury Solar Systems thru 2012 Residential: • Over 1200 solar systems installed Municipalities: • Awarded 12 projects in NJ,NY & MD
  • 7. Solar PV Carports & Electric Vehicle Let Raj Dwivedi with Mercury Solar Systems help attract new business Charging Stations Make for Good to your commercial space with solar powered parking ports. 33 available Investment Attracting New Customers and parking spaces will generate around Brand Enhancement to parking space! 73,088 kWh which has a SREC value in MD of $18,250 at today’s SRECTrade value of $250/SREC or 1,000 kWh. Get multiple benefits by installing PV solar carports to shade vehicles, maximize available land use without disturbing fields, avoid roof upgrades, provide smart EV charging stations in your lot space. This not only improves the value of your space, but brings new awareness to EV drivers of your commercially owned space. Level 2 smart charge systems from providers such as Semaconnect provide commercial building owners with intelligent charger systems which can fully charge EV batteries in 4 hours and bill the metered usage directly to a credit card using their intelligent RFID system which functions much like the EZ Pass system. A 15 minute trip to the store extends the range on the EV by 15 to 20 miles and EV drivers seek out EV charging sites. The EV smart metered charging station is a profitable solution for commercial shopping sites where having a Solar PV array as the source of the power benefits the property owners in measurable ways that are extremely profitable and cash flow positive from day one. Commercial building owners can easily convert their parking spaces into revenue generating opportunities encouraging EV drivers to seek out their facilities. Contact Raj Dwivedi at 301-892-0207, 410-992-2646 or rdwivedi@mercurysolarsolutions.com
  • 8. Thomas Edison in 1931 said, “I’d put my money on the sun and solar energy. What a source of power! I hope we don’t have to wait until oil and coal run out before we tackle that.” Solar PV Technology is Economical & Smart! Oakdale High School below lowered their cost of electricity by 50%
  • 9. Financial Solutions Purchase Executive Summary - Capital Purchase Sample System Performance Summary 11% System Information: System Total Size (KW): 98.84 Production Compared to Year 1 Usage: Usage Panel Type and Quantity: 353 (G) Std Efficiency, 280W, 77"x39.1" Usage for 1 Year: 1,000,000 kWh Inverter Type and Quantity: 2 (G) Central/String Inverter Est. 1 Year Electricity Production: 114,000 kWh Panel Tilt: 5 Percentage of Production to Usage: 11% Solar Azimuth: 200 Avoided Cost ($/KWh): $0.135 Roof Coverage of Solar: 9,006 sq. ft. Generation 89% Net Cost Information: Your Solar System: Project Cost: $427,977 Total Power Production: 2,685,378 kWh LESS: 30% Federal ITC: ($128,393) 25 Year Average Rate per kWhr with Solar: $0.046 LESS: Maryland Rebate: ($49,420) Upside of SRECs at $250: $268,358 Mercury Commercial Information: Net Cost Before Depreciation: $250,164 January 2011 - Present Installed: 150 Systems vs. The Utility Company Over 25 Years: January 2011 - Present Installations: $70,000,000 Revenue LESS: Tax Impact of Total Dep.: ($145,512) 25 Year Average Rate of Remaining with Utility: $0.276 January 2011 - Present mW Installed: 15 mW Tax on Rebate: $19,768 25 Year Cost Without Going Solar: ($731,741) 2011 Sales to Date: $80,000,000 Revenue Net Cost After Incentives: $124,420 2010 Sales: $101,466,207 Revenue 2010 mW Sold: 26.597 mW Est. SREC Revenue (Year 1): $28,500 Annual Environmental Impacts: Largest System Installed in 2011: 3.6mW Est. Electricity Savings (Year 1): $15,390 Cans of Soda Recycled: 216,908 1st Year Earnings/Savings: $43,890 Trees Planted: 1,904 Waste Recycled vs. Landfilled: 34,281 lbs. Simple Pre Tax Payback: 34 Months CO2 Offset: 81,852 lbs. Gasoline not Burned: 3,261 gal. Depreciation Schedule Cash on Cash with Bonus Depreciation Cash Flow Payback: 59 Months Total Project Investment $427,977 NPV: $152,255 Adjusted Basis $363,781 Annual Rate of Return: 15% 50% Depreciation $181,890 Cumulative Cash for 25 Years: $449,866 Cumulative Cash Lifetime MACR Schedule 50% Bonus Depreciation Tax Impact at 40% $500,000 $400,000 yr 1 60.02% $218,341 $87,336 $300,000 yr 2 16.00% $58,205 $23,282 $200,000 yr 3 9.60% $34,923 $13,969 $100,000 yr 4 5.75% $20,917 $8,367 $0 yr 5 5.75% $20,917 $8,367 ($100,000) yr 6 2.88% $10,477 $4,191 ($200,000) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Totals $363,781 $145,512 Notes:Electricity rates are assumed to increase and average of 5.5% per annum Useful Economic Life of a system is assumed to be 25 years System degradation is assumed at an average of .5% per annum The Federal Investment Tax Credit is 30% of the system cost SRECs are assumed at $250 for Year 1, then follows the ACP for Years 2-15 Assumed tax rate is 40%
  • 10. Financial Solutions Loan Executive Summary - Loan Option Sample 99kW System System Performance Summary 11% System Information: System Total Size (KW ): 98.84 Production Compared to Year 1 Usage: Usage Panel Type and Quantity: 353 (G) Std Efficiency, 280W, 77"x39.1" Usage for 1 Year: 1,000,000 kWh Inverter Type and Quantity: 2 (G) Central/String Inverter Est. 1 Year Electricity Production: 114,000 kWh Panel Tilt: 5 Percentage of Production to Usage: 11% Solar Azimuth: 200 Avoided Cost ($/KWh): $0.135 Roof Coverage of Solar: 9,006 sq. ft. Generation 89% Net Cost Information: Your Solar System: Amount to Finance: $427,977 Total Power Production: 2,685,378 kWh LESS: 30% Federal ITC: ($128,393) 25 Year Average Rate per kW hr with Solar: $0.068 LESS: Maryland Rebate: ($49,420) Upside of SRECs at $250: $268,358 Mercury Commercial Information: Net Cost Before Depreciation: $250,164 January 2011 - Present Installed: 150 Systems vs. The Utility Company Over 25 Years: January 2011 - Present Installations: $70,000,000 Revenue LESS: Tax Impact of Total Dep.: ($145,512) 25 Year Average Rate of Remaining with Utility: $0.276 January 2011 - Present mW Installed: 15 mW Tax on Rebate: $19,768 25 Year Cost W ithout Going Solar: ($731,741) 2011 Sales to Date: $80,000,000 Revenue Net Cost After Incentives: $124,420 2010 Sales: $101,466,207 Revenue 2010 mW Sold: 26.597 mW Est. SREC Revenue (Year 1): $28,500 Annual Environmental Impacts: Largest System Installed in 2011: 3.6mW Est. Electricity Savings (Year 1): $15,390 Cans of Soda Recycled: 216,908 1st Year Earnings/Savings: $43,890 Trees Planted: 1,904 W aste Recycled vs. Landfilled: 34,281 lbs. CO2 Offset: 81,852 lbs. Gasoline not Burned: 3,261 gal. Depreciation Schedule Cash on Cash with Bonus Depreciation Cash Flow Payback: Not Applicable Total Project Investment $427,977 NPV: $179,524 Adjusted Basis $363,781 Annual Rate of Return: No Outlay 50% Depreciation $181,890 Cumulative Cash for 25 Years: $415,086 Cumulative Cash Lifetime MACR Schedule 50% Bonus Depreciation Tax Impact at 40% $500,000 yr 1 60.02% $218,341 $87,336 $400,000 yr 2 16.00% $58,205 $23,282 $300,000 yr 3 9.60% $34,923 $13,969 $200,000 yr 4 5.75% $20,917 $8,367 $100,000 yr 5 5.75% $20,917 $8,367 $0 yr 6 2.88% $10,477 $4,191 ($100,000) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Totals $363,781 $145,512 Notes:Electricity rates are assumed to increase and average of 5.5% per annum Useful Economic Life of a system is assumed to be 25 years System degradation is assumed at an average of .5% per annum The Federal Investment Tax Credit is 30% of the system cost SRECs are assumed at $250 for Year 1, then follows the ACP for Years 2-15 Assumed tax rate is 40%
  • 11. Financial Solutions Lease Executive Summary - Lease Option Sample 99kW System System Performance Summary System Information: Purchase Information: Financial Information: System Total Size (KW): 98.84 Annual Lease Cost: ($54,000) Lease Option Post Tax: Panel Type and Quantity: 353 (G) Std Efficiency, 280W, 77"x39.1" Cash Flow Payback: Instant Payback Inverter Type and Quantity: 2 (G) Central/String Inverter Est. Electricity Savings (Year 1): $15,390 Annual Rate of Return: No Outlay Panel Tilt: 5 Est. SREC Revenue (Year 1): $28,500 Net Present Value (NPV): $32,081 Azimuth: 200 SRECs Generated (Year 1): 114 Cumulative 25 Year Cash: $198,928 Roof Coverage of Solar: 9,006 sq. ft. Annual Cashflow: -$10,110 11% Annual Environmental Impacts: Production Compared to Year 1 Usage: Cans of Soda Recycled: 216,908 Usage in KWh for 1 Year: 1,000,000 Usage Trees Planted: 1,904 Est. 1 Year Electricity Production (KWh): 114,000 Waste Recycled vs. Landfilled: 34,281 lbs. Percentage of Production to Usage: 11% Solar CO2 Offset: 81,852 lbs. Avoided Cost ($/KWh): $0.135 Generation Gasoline not Burned: 3,261 gal. 89% Your Solar System: $300,000 Cumulative Cash Lifetime Total Power Production: 2,685,378 kWh 25 Year Average Rate per kWhr with Solar: 0.233 $200,000 Upside of SRECs at $250: $268,358 $100,000 $0 vs. The Utility Company Over 25 Years: $0.276 ($100,000) 25 Year Average Rate of Remaining with Utility: 25 Year Cost Without Going Solar: ($731,741) ($200,000) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Notes: Electricity rates are assumed to increase and average of 5.5% per annum Useful Economic Life of a system is assumed to be 25 years System degradation is assumed at an average of .5% per annum The Federal Investment Tax Credit is 30% of the system cost SRECs are assumed at $250 for Year 1, then follows the ACP for Years 2-15 Assumed tax rate is 40% PV Carports Provide 4 Valuable Functions 1. Protect and shade vehicles 2. Make better use of land (leave fields open for play) 3. Avoid roof repair or structural upgrade costs 4. Provide convenient EV charging points
  • 12. Financial Solutions Power Purchase Agreement Executive Summary - PPA Option Sample 99kW System System Performance Summary 11% System Information: Production Compared to Year 1 Usage: System Total Size (KW ): 98.84 Usage for 1 Year: ########### Usage Panel Type and Quantity: 353 (G) Std Efficiency, 280W, 77"x39.1" Est. 1 Year Electricity Production: 114,000 kWh Inverter Type and Quantity: 2 (G) Central/String Inverter Percentage of Production to Usage: 11% Panel Tilt: 5 Avoided Cost ($/KW h): $0.135 Solar Azimuth: 200 Generation 89% Year 1 Financial Information: Mercury Commercial Information: Annual Environmental Impacts: January 2011 - Present Installed: 150 Systems Est. PPA Payment (Year 1): $10,659 Cans of Soda Recycled: 216,908 January 2011 - Present Installations: $70,000,000 Revenue Est. Electricity Savings (Year 1): $15,390 Trees Planted: 1,904 January 2011 - Present mW Installed: 15 mW Annual Cashflow (Year 1): $4,731 W aste Recycled vs. Landfilled: 34,281 lbs. 2011 Sales to Date: $80,000,000 Revenue CO2 Offset: 81,852 lbs. 2010 Sales: $101,466,207 Revenue Net Present Value: $80,241 Gasoline not Burned: 3,261 gal. 2010 mW Sold: 26.597 mW Cumulative Cash Lifetime of the System (25 Years): $205,873 Largest System Installed in 2011: 3.6mW Cumulative Cash Lifetime Electricity Savings vs. PPA Cost Lifetime $250,000 $50,000 $45,000 $200,000 $40,000 $35,000 $150,000 $30,000 $25,000 $100,000 $20,000 $15,000 $50,000 $10,000 $5,000 $0 $0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Notes: Electricity rates are assumed to increase and average of 5.5% per annum Useful Economic Life of a system is assumed to be 25 years System degradation is assumed at an average of .5% per annum The Federal Investment Tax Credit is 30% of the system cost SRECs are assumed at $250 for Year 1, then follows the ACP for Years 2-15 Assumed tax rate is 40%
  • 13. Every site is unique and requires custom design, engineering and configuration testing of structure, soil, wind, roof material or ground soil and operational considerations of the host site. Engineering and building solar PV solutions is all we do, and we’re documented to be better than just about anyone else on the east coast. Customers like Solomon Schlechter School in White Plains, Oakdale High School in Maryland, Riverdale School and many others are proud of their choices in choosing Mercury Solar Systems and provide references.
  • 14. 550 kW System installed in Talbot County, Maryland to offset the energy consumption of the community center and Ice Rink facility. Energy costs were cut by nearly 50% with this ground mount solar project funded by Nautilus Solar on behalf of Maryland.
  • 15. Maryland Electricity Rate in $/kWh from 1985-2009 4.1% increase proposed in 2012 $0.14 $.1341/kWh 2009 $0.12 $0.10 5.5% Annual $0.08 Growth Rate $0.06 rate in $/kWh $0.04 $.0634/kWh $0.02 $0.00 1985 1990 1995 2000 2005 source: US Energy Information Administration www.eia.gov; MD Public Service Commission DOE Report - USA • Global energy consumption projections to grow 54% by 2025 • Buildings contribute 48% of carbon emissions vs. 28% for autos (DOE) • U.S. represents 5% of the world’s population; consumes 26% of world energy Maryland Area: • Escalating prices for electricity remain constant (up more than 50% since 2002) – Natural gas, coal, and heating oil more volatile- Electric rates steadily rise • Rising costs of energy are hurting consumers and businesses at every economic level • We import approximately 25% of our energy from outside our state • Average usage billed in kWh/month is 1,000 residential, 10,000 commercial and 50,000 industrial • Average per-kWh cost in cents in MD is 13 residential, 12.3 commercial, and 10.3 industrial • Electric Supply (or Generation) accounts for 70% of electricity cost for residential customers, 76% for commercial and 84% for industrial. • Distribution costs account for 27% for residential, 21% commercial and 15% for industrial.
  • 16. Environmental Impact From sample 99kW System Annual Reduction in Harmful Reduction is Equivalent to: Carbon Dioxide Emissions: Planting 200,000lbs 2,396 Trees Avoid driving with 10,506 Gallons of Raj Dwivedi Commercial Solar Developer Gas 410-992-2646 Office 301-892-0207 Mobile 301-474-2994 Fax 165 Research Road Recycling Greenbelt, MD 20770 2,460,318 www.mercurysolarsystems.com Blog Site: www.powerchoicesavings.com Cans