Solarize overview hv_july 202015_md2
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This document introduces the Solarize program, which aims to increase solar adoption in the Hudson Valley region. It explains that now is the best time to go solar due to discounts offered through Solarize (up to $3,850), NYSERDA incentives, and state and federal tax credits. Financing options are available such as loans through NYSERDA and RUPCO that can be paid back through energy savings or traditional loans. Site assessments are free for those who enroll in Solarize by September 12th. Installers participating in Solarize are pre-qualified, certified, and offer warranty protection.
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Solarize overview hv_july 202015_md2
- 3. How much sun do we get in NY?
- 4. Why is now the best time to “go solar”? 0 5 10 2000 2005 2010 2015 NYSERDA Grant Drop NYSERDA Grant $19,167 $300
- 5. Why is now the best time to “go solar”? • The Solarize discount - $3,850 • NYSERDA incentives • State and Federal tax credits • Accelerated depreciation for businesses Solarize HV - NYSSF Market Tier 1 Tier 2 Tier 3 $3.85/Watt $3.30/Watt $3.20/Watt $3.10/Watt Total System Price $26,950 $23,100 $22,400 $21,700 NYSERDA Incentive * $4,200 $4,200 $4,200 $4,00 Installation Cost $22,750 $18,900 $18,200 $17,500 Federal Tax Credit (30%) $6,825 $5,670 $5,460 $5,250 NYS Tax Credit (25%) $5,687.5 $4,725 $4,550 $4,375 Customer Net Price $10.237.5 $8,505 $8,190 $7,875
- 7. What it is. • Solarize is a non-profit community campaign that builds public awareness about the benefits of solar electric. • The purpose of Solarize Hudson Valley is to increase the number of solar homes and businesses in the Hudson Valley.
- 8. 2 things everyone wants to know: • Do I get enough sun? • How much will it cost? FIND OUT BY ENROLLING TONIGHT!
- 9. Why Solarize? The benefits of the program.
- 10. Solarize Simplifies… ….while still offering options • Buy or lease • Roof or ground mount • All the necessary permitting is handled by your installer
- 11. Solarize Builds Trust Our installation partners are: • Pre-qualified by NYSERDA • Financially stable • NABCEP certified • Fully insured • OSHA compliant • Dedicated to Best Practices
- 12. Solarize Builds Confidence • You are assured of getting proven, high-quality components in your system • Workmanship is warrantied for 10 years
- 13. Solarize Saves You Money • Solarize brings a group purchase discount • Installers offer discounts 10 – 15% and more below market price. • Tiered pricing: the more contracts, the more everyone saves • Sweet spot where community benefit and self-interest meet
- 14. There are many ways to get your questions answered….
- 18. Our Partnership with RUPCO RUPCO, the Community Energy Resource (CER) for the NYSERDA Home Performance with ENERGY STAR® (HPwES) program for the Mid Hudson Region, will help you in accessing the NYSERDA Green Jobs | Green New York low interest loans that best meet your needs.
- 19. How is it financed? NYSERDA offers two low-interest rate financing options for residential buildings with four or fewer dwelling units. Loans are available for up to $13,000, or up to $25,000 with higher cost- effectiveness standards, with repayment periods of 5, 10 or 15 years.
- 20. How is it financed? Option 1: NYSERDA Residential On-Bill Recovery Loan NYSERDA On-Bill Recovery Financing allows you to use your energy savings to pay for energy upgrades directly on your utility bill. The payment amount is based on what you can expect to save each month on energy costs. For more information contact Michael D’Arcy - RUPCO 845-331-2140 Ext: 267 | mdarcy@rupco.org | www.saveeenergyhudsonvalley.org
- 21. How is it financed? Option 2: NYSERDA Residential Smart Energy Loan The Smart Energy Loan is a more traditional loan that offers affordable interest rates and simple repayment options. Green Jobs – Green NY Financing offers low interest rates, a simple application process, and easy-to-manage monthly payments that you make through the mail or by setting up automatic deductions from your bank account. For more information contact Michael D’Arcy - RUPCO 845-331-2140 Ext: 267 | mdarcy@rupco.org | www.saveeenergyhudsonvalley.org
- 22. How is it financed? • Option 3: Small Commercial Participation Loans NYSERDA partners with lenders to help small business and not-for-profit organizations access up to $100,000 in financing at a below-market interest rate. • NYSERDA offers 50% of the project cost, up to $50,000, at 2% interest and the participating lender provides the remainder of the loan at the market interest rate. • Borrowers make loan payments directly to their lender like a typical loan. For more information contact Hugo Jule | Courtney Strong Inc. 845-331-2238| hugo.jule@courtneystrong.com | http://courtneystrong.com
- 23. Who does the work?
- 25. How do I find out if solar makes sense for me? • Enroll in Solarize tonight • You will receive a free site assessment with no obligation • Call our Solar Help Line with your question:
- 26. You must enroll by September 12, 2015
- 27. TRENDING • May 2015: earth’s atmosphere exceeds 400 parts per million CO2 • June 2015: Central Hudson announces 3 years of electric rate increases • July 2015: NOAH, using work from hundreds of scientists across 58 countries, finds that 2014 was the hottest year on record • U.S. solar installations up 300% over last year
- 29. Thank you! • Catskill Mountainkeeper www.catskillmountainkeeper.org • Sustainable Hudson Valley www.sustainhv.org • Renewable NY www.renewableny.org
- 30. Thank you!
Editor's Notes
- Welcome to our Solarize community education workshop. Tonight we will orient you to the Solarize campaign and then to the basics of solar for your home or small business. Together with our selected installer partners, we’ll field your questions as a group. Then, most importantly, you’ll have plenty of time to mix it up with the installers individually at their tables. We encourage you to stay and make serious use of this part of the evening. The way to capture the benefits of the Solarize group purchasing opportunity is to select an installer based on the qualifications and offerings you see, and have them come assess your site and provide you with a proposal. In the meantime, we have abundant resources to assist you with questions and thoughts that may come up. INTRODUCE TEAM Let’s begin.
- Welcome to our Solarize community education workshop. Tonight we will orient you to the Solarize campaign and then to the basics of solar for your home or small business. Together with our selected installer partners, we’ll field your questions as a group. Then, most importantly, you’ll have plenty of time to mix it up with the installers individually at their tables. We encourage you to stay and make serious use of this part of the evening. The way to capture the benefits of the Solarize group purchasing opportunity is to select an installer based on the qualifications and offerings you see, and have them come assess your site and provide you with a proposal. In the meantime, we have abundant resources to assist you with questions and thoughts that may come up. INTRODUCE TEAM Let’s begin.
- Superimpose this on slide template and words “Solar. Simple. Together.”
- Need to pretty this up
- You’ll see these materials around town and we’re happy to provide them so you can spread the word to friends and neighbors.
- For example, if your comprehensive home energy assessment shows that you can expect to save $100 each month by making energy upgrades, then your loan payment would be no more than $100. With the On-Bill Recovery Loan, your monthly payments may not exceed your estimated average monthly energy cost savings. Your loan payments are built right into your utility bill so you will not have an extra bill each month. Your energy savings essentially pay for your work. Interest rate is 3.49%; interest rates subject to change Loan payment built into your utility bill Loan amounts from $13,000 – $25,000 with loan term of 5, 10 or 15 years Balance may be transferred to new owner when home is sold A declaration is filed with the County Clerk to record the obligation of the loan (this is not a lien on the property) You must own the home and be named on the utility account The home must be served by a participating utility, including: Central Hudson Gas & Electric, Con Edison, PSEG-Long Island, NYSEG, National Grid (Upstate NY customers only), Orange & Rockland, and Rochester Gas & Electric ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The loan repayment period cannot exceed the useful life of the financed measures. Interest rates are subject to change. NYSERDA has the right to access a customer’s credit report, FICO score, and utility payment history, and perform similar credit-related activities for the purpose of evaluating an applicant’s creditworthiness. Financing, energy audits, and workforce development opportunities made available through the Green Jobs - Green New York Act of 2009.
- For example, if your comprehensive home energy assessment shows that you can expect to save $100 each month by making energy upgrades, then your loan payment would be no more than $100. With the On-Bill Recovery Loan, your monthly payments may not exceed your estimated average monthly energy cost savings. Your loan payments are built right into your utility bill so you will not have an extra bill each month. Your energy savings essentially pay for your work. Interest rate is 3.49%; interest rates subject to change Loan payment built into your utility bill Loan amounts from $13,000 – $25,000 with loan term of 5, 10 or 15 years Balance may be transferred to new owner when home is sold A declaration is filed with the County Clerk to record the obligation of the loan (this is not a lien on the property) You must own the home and be named on the utility account The home must be served by a participating utility, including: Central Hudson Gas & Electric, Con Edison, PSEG-Long Island, NYSEG, National Grid (Upstate NY customers only), Orange & Rockland, and Rochester Gas & Electric ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The loan repayment period cannot exceed the useful life of the financed measures. Interest rates are subject to change. NYSERDA has the right to access a customer’s credit report, FICO score, and utility payment history, and perform similar credit-related activities for the purpose of evaluating an applicant’s creditworthiness. Financing, energy audits, and workforce development opportunities made available through the Green Jobs - Green New York Act of 2009.
- Interest rate is 3.49% for automatic bank withdrawal (3.99% for pay by check); interest rates subject to change. Monthly payments made to NYSERDA’s loan servicer Loan amounts from $1,500 – $25,000 with loan terms of 5, 10, or 15 years If you sell or transfer the property, you remain responsible for the balance of the loan You must own the home or be an authorized representative of the property owner Notice of loan pre-approval is typically issued within one business day. The notice will outline loan conditions and may ask you to provide additional information in support of your loan application. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The loan repayment period cannot exceed the useful life of the financed measures. Interest rates are subject to change. NYSERDA has the right to access a customer’s credit report, FICO score, and utility payment history, and perform similar credit-related activities for the purpose of evaluating an applicant’s creditworthiness. Financing, energy audits, and workforce development opportunities made available through the Green Jobs - Green New York Act of 2009.
- So here we are, a few weeks into our 4.5 month campaign and you are here to consider going solar..
- Describe evolution from Portland neighborhood experiment through MA – CT statewide partnerships Education & group purchasing, pre-selected installers Summarize results to date: over 100 communities doubling incidence of solar & continuing interest