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Solarize NW
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- 2. Solarize Northwest helpsresidents overcome the logistical hurdles of going solar at home. about solarize northwest Who to hire? What to buy? How much to budget? Where to start?
- 3. Interested neighbors arejoining forces to find a contractor, purchase and install process as a team. Together, we’ll realize great cost savings through bulk- purchasing. about solarize northwest
- 4. about solarize northwest •Convenient, local events to learn • The best deal possible • One or two, pre-selected contractor(s) • Help every step of the way • Easy, easy, easy! solar CAN be affordable
- 5. the contractor • Selectedthrough a community led competitive bidding process • Will provide all equipment & installation An energy consulting and contracting company based in Portland, Oregon www.
- 6. How the projectworks
- 7. Is Portland sunnyenough? Average Daily Sunshine
- 8. Solar works inOregon!
- 9. How does solarwork? DC in AC out PHOTOVOLTAIC (PV) MODULE INVERTER ELECTRICAL PANEL UTILITY METER ELECTRIC GRID
- 10. How does solarwork? size: space required: power production: watts or kilowatts 1,000 w = 1 kW 1 kW ≈ 100 ft2 kilowatt-hours (kWh) 1 kW ≈ 1,000 kWh
- 11. How much doesit cost? Depends on… • System size • Price per watt (or kilowatt) = AMAZING $ per watt
- 12. The power ofgroup pricing $5.00 $5.50 $6.00 $6.50 $7.00 $7.50 $8.00 $8.50 $9.00 $9.50 $10.00 1 11 21 31 41 51 Homes Priceperwatt Solarize 2009 Retail Price *Before incentives & tax credits
- 13. Incentives & taxcredits CASH INCENTIVE Energy Trust of Oregon 75% off STATE TAX CREDIT Oregon Dept. of Energy FEDERAL TAX CREDIT IRS
- 14. For example… A 2kilowatt system If about 50 homes participate… (2KW system x $6 watt - $12,000) $12,000 Sticker price -$3,500 Energy Trust cash incentive $8,500 Up-front payment -$2,550 Federal tax credit (1 year) -$4,200 State tax credit (over 4 yrs) $1,750 Net cost to you
- 15. For example… A 4kilowatt system If about 50 homes participate… (4KW system x $6 watt - $24,000) $24,000 Sticker price -$7,000 Energy Trust cash incentive $17,000 Up-front payment -$5,100 Federal tax credit (1 year) -$6,000 State tax credit (over 4 yrs) $5,900 Net cost to you
- 16. Two purchase routes •Route 1 (solarize) • Energy Trust • State Tax Credit • Federal Tax Credit • Route 2 (VIR) • Volumetric Incentive Rate (VIR) • Federal Tax Credit (April 1st , 2011 next lottery – published rate tbd ~49 cents kwh)
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- 18. Weatherize resources clean energyworks Portland Make your home more comfortable and energy-efficient without writing a big check. 1. Apply at www.CleanEnergyWorksPortland.org 2. Receive an in-depth home energy assessment. 3. Have energy-saving upgrades such as insulation, air sealing and high- efficiency heating equipment installed by the program’s highly-qualified contractors. 4. Pay for upgrades with our low-cost financing. Payments are made on your monthly heating bill where energy savings offset the cost of the loan!
- 19. Let’s go solar! get educated get evaluated Learnmore at Q&A sessions Scheduled for Jan – March throughout the community and at….. Totally ready? schedule your site assessment with the contractor Unsure but interested? schedule your Energy Trust solar energy review
- 20. Let’s go solar! pledgeto install by March 15th Let us know you’re going solar! www. get others to join • Tell your neighbors, friends & family • Assist your neighborhood rep • Contact Solarize Northwest
- 21. Let’s go solar! signyour contract Enjoy clean, free power from the sun for years to come! Choose your system size & sign your contract for installation system installed!
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Editor's Notes
- #2 Welcome, and thank you for taking the time to attend this solar seminar. I’m Lee Rahr, program coordinator at City of Portland.. -First off, I’ll explain what Energy Trust and, specifically, the solar program is trying to do -Explain how solar energy systems work, focusing specifically the difference between solar water heating and solar electricity, and how the financials work -Finally, wrap up by sharing some examples of solar installations across the state and telling you how to get involved in the solar revolution The purpose of this session to provide YOU with information and answer your questions. We have several local solar contractors here that I encourage you to speak with after the session, and whom I’ll call upon to help answer some of your more technical questions. During the presentation, feel free to raise your hand and ask questions, however, if it looks like we are getting bogged down, I will defer your questions until the end of the presentation so those with tight schedules can get out of here on time. Please don’t feel any compunction about getting up to use the restrooms (which are located …) or attend to something. When all is said and done, I hope that you will leave here with a better understanding of how solar energy systems work, why the financials have never been better and a firm belief that solar does work in Oregon!
- #8 And not only does solar work in Portland, it works well. Oregon gets as much sun as the national average, and Portland gets a lot more solar energy every day than either Germany or Japan, the global leaders in solar energy installations.
- #9 Solar WORKS in Oregon. You have probably heard this a lot, but it bears repeating
- #10 So why exactly does solar make energy sense? It’s likely that you are all already aware of these reasons (enviro benefits) What people often have a harder time wrapping their heads around are the financial benefits
- #11 So why exactly does solar make energy sense? Green power and hedging against rising electric rates. It’s likely that you are all already aware of these reasons (enviro benefits) What people often have a harder time wrapping their heads around are the financial benefits
- #14 So why exactly does solar make energy sense? It’s likely that you are all already aware of these reasons (enviro benefits) What people often have a harder time wrapping their heads around are the financial benefits
- #16 New Oregon tax credit, (73%) So why exactly does solar make energy sense? It’s likely that you are all already aware of these reasons (enviro benefits) What people often have a harder time wrapping their heads around are the financial benefits
- #17 ETO PGE Cash Incentive $1.75 watt RETC basis is 50% of the Net System Cost or max $6000 (temporary rule change) 2011 $3.00 per AC watt which translates to $2.10 per DC Watt The ODOE rule change redefines system size from DC rating to AC. The credit de-rates DC to a factor of 0.7 or 70% of DC rating.
- #18 ETO PGE Cash Incentive $1.75 watt Federal tax credit of 30% of installed costs RETC basis is 50% of the Net System Cost or max $6000 RETC basis is 50% of the Net System Cost or max $6000 (temporary rule change) 2011 $3.00 per AC watt which translates to $2.10 per DC Watt The ODOE rule change redefines system size from DC rating to AC. The credit de-rates DC to a factor of 0.7 or 70% of DC rating. ODOE $6,000 cap
- #19 So why exactly does solar make energy sense? It’s likely that you are all already aware of these reasons (enviro benefits) What people often have a harder time wrapping their heads around are the financial benefits
- #20 In lieu of Energy Trust & state tax credit Incentive based on actual production Utility writes check monthly based on output of previous month - Pacific Power, PGE, Idaho Power (in OR) 15 years of payments Application deposit and meter charge Allocations of funding every 6 mo. First-come, first-served basis Monthly participation fee
- #21 Historic district from 17th – 24th, and Lovejoy to Burnside No street facing solar panels in historic areas. You may be able to put solar on a backyard side of your roof, if you south or west exposure with little to no shade.
- #22 Credit is a combination of fico (590) and utility bill payment history. Can’t be behind on your utility bill Not have a history of not paying your bill on time. 20 year amortized loan Standard interest rate is 5.99%; 3.99% on moderate income ($250% of fed poverty level which is a combo if income of household size).