Mailing Address 4650 Adohr Ln. Camarillo, CA Year Financial Analysis. $1,051 / mo (avg) Cost Breakdown. System Description

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Mailing Address 4650 Adohr Ln. Camarillo, CA 93012. 25 Year Financial Analysis. $1,051 / mo (avg) Cost Breakdown. System Description"

Transcription

1 Summary Customer Dan Glaser - CASSK SolarWorld USA Site Address 4650 Adohr Ln. Camarillo, CA Mailing Address 4650 Adohr Ln. Camarillo, CA Company Contact We turn sunlight into power SolarWorld Americas CA 25 Year Financial Analysis Utility Savings Over Initial Term $315,206 $1,051 / mo (avg) Payback Period Total Life-Cycle Payback (Cash Flow compared to Net Cost) 9-10 years 247% Rate of Return on Cash Invested 10.3% Levelized Cost of Solar Energy $0.076 / kwh Cost Breakdown Installer Contract Cost $237,600 ($4.00/watt DC, $4.59/watt AC) Federal Tax Credit/Tax Impact ($71,280) Net Cost (year of installation) $166,320 ($2.80/watt DC, $3.22/watt AC) MACRS Depreciation ($86,843) CA Performance-Based Incentive (PBI) Step 9 ($14,836) Net Cost (all years) $64,641 ($1.09/watt DC, $1.25/watt AC) Total System Size Estimated Annual Production PV Panel Description Inverters System Description kw DC Power (STC) / kw AC Power (CEC) 94,698 kwh Qty SolarWorld Model: SW270 Mono Qty. 4 - Power-One Model: PVI-10.0-I-OUTD-x-US-480-y-z

2 Energy Analysis Your historical energy usage was used to help size your solar system. Based upon the system size suggested, the expected electricity bill savings over a 25 year period are provided. In addition, the first-year electricity bill savings you can expect are provided together with a chart of the monthly solar system output (PV production) you can expect.

3 Assumptions: Post-Solar Electric Rate Schedule for Southern California Edison (SCE) is General Service - Option B, (3-Phase, 2-50 kv) (Rate Code: GS-2 TOU) Annual utility inflation: 6.70% (assumed). Energy Bill Savings are actual, without any tax effects applied.

4 Energy Bill Estimate The following energy bill estimate is without any tax effects applied. The Energy Bill Savings line does not include the opportunity cost of no longer being able to take energy bill expense deductions on corporate income taxes. See the Energy Bill Savings line in the cash flow for this tax impact. (kwh) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual SCE Usage without Solar 11.7k 20.6k 18.1k 18.7k 19.8k 19.0k 19.3k 19.3k 19.0k 18.7k 20.6k 20.6k 225k Solar Production 5,242 6,222 7,960 8, k 9, k 10.2k 7,900 7,039 5,613 5, k SCE Usage with Solar 6, k 10.1k 9,784 9,710 9,063 8,716 9, k 11.6k 14.9k 15.6k 131k (Cost) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual SCE Bill without Solar* $1,683 $2,600 $2,371 $2,376 $2,273 $3,361 $3,369 $3,369 $3,276 $3,278 $2,389 $2,394 $32.7k SCE Bill with Solar* $1,197 $1,971 $1,673 $1,612 $1,410 $2,207 $2,156 $2,198 $2,321 $2,098 $1,843 $1,907 $22.6k SCE Bill Savings $486 $629 $698 $764 $863 $1,154 $1,213 $1,171 $955 $1,180 $546 $487 $10.1k *Includes utility rate increase of 6.70%

5 Financial Analysis The first chart summarizes the cash flow you can expect from the system quoted. Key financial measures are also provided. Utility Savings Over Initial Term $315,206 Average Monthly Utility Savings Net Cost (In year of installation) Payback Period Financial Summary $1,051 (over system life) $166, years Rate of Return on Cash Invested 10.3% Total Life-Cycle Payback (Cash flow compared to Net Cost) Levelized Cost of Solar Energy (Net Cost / lifetime energy production) 247% $0.076 / kwh

6 Environmental Impact Analysis Your solar system will generate significant environmental benefits. These come primarily from avoided power plant emissions. Below is a summary of environmental benefits your solar system will provide. Your New, Lower Carbon Footprint Your solar system will reduce Green House Gas emissions by 1,622 tons of CO2 (Over 25 years) Equivalent CO2 Reductions Small Car: Medium Car: SUV: Air Miles: Trees Planted: CO2 from Trash & Waste: 5,497,288 miles 2,948,545 miles 2,065,860 miles 3,343,711 miles 64,868 trees planted 2,949 persons

7 Cost Detail & System Description This is a summary of the cost and a description of the solar system we are quoting. Net Cost Detail Major Equipment & Labor PV Panels: Qty SolarWorld, SW270 Mono, 270W Monocrystalline Module $237,600 Inverter: Qty. 4. Power-One, PVI-10.0-I-OUTD-x-US-480-y-z, 10 kw (480Vac) Inverter, x may be S- y either PG or NG z may be 12A $0 Balance of System $0 Labor $0 General & Administrative $0 Adders, Allowances & Sales Tax Gross Cost $237,600 Incentives Received in Year of Installation Federal Investment Tax Credit (30%) ($71,280) Total Incentives: (In year of installation) Net Cost: (In year of installation) ($71,280) $166,320 Contract Cost: $237,600 Other Cash Incentives: (In later years) $14,837 System Description Total System Size: Net Cost per Watt: Estimated Annual Production: kw DC Power (STC) kw (PTC) kw AC Power (CEC Size) $2.80 / Watt DC Power (STC) $3.12 / watt (PTC) $3.22 / watt AC Power (CEC Size) 94,698 kwh Array 1 Proposed Array Sizes (STC): kw Number of PV Panels: 220 PV Panel Description: Inverters: SolarWorld Model: SW270 Mono 270W Monocrystalline Module Qty. 4 Power-One Model: PVI-10.0-I-OUTD-x-US-480-y-z 10 kw (480Vac) Inverter, x may be S- y either PG or NG z may be 12A Output due to Shade Factors: 100% EPBB Design Factors: 100% Array Area & Orientation: Roof Mount: 9,434 sq-ft Tilt: 10, Azimuth: 180 (S)

8 Cash Flow by Year The following table of estimated cash flows includes any tax effects, rate and cost inflation and other time-related cash flow factors. Refer to the Disclaimers & Assumptions section (below) for further clarification. Year: MACRS 5-year Accelerated Depreciation (Fed & State Tax Avoided) $0 $52,106 $13,895 $8,337 $5,002 CA Performance-Based Incentive (PBI) Step 9 $0 $3,009 $2,988 $2,967 $2,946 Federal Investment Tax Credit (30%) $71,280 $0 $0 $0 $0 Net Energy Bill Savings (Reduced by lower income tax deduction) $0 $5,783 $6,127 $6,492 $6,879 Installation, Operation & Maintenance Costs ($237,600) ($239) ($242) ($244) ($247) Total Annual Cash Flow ($166,320) $60,659 $22,768 $17,552 $14,580 Cumulative Cash Flow ($166,320) ($105,661) ($82,893) ($65,341) ($50,761) Year: MACRS 5-year Accelerated Depreciation (Fed & State Tax Avoided) $5,002 $2,501 $0 $0 $0 CA Performance-Based Incentive (PBI) Step 9 $2,926 $0 $0 $0 $0 Federal Investment Tax Credit (30%) $0 $0 $0 $0 $0 Net Energy Bill Savings (Reduced by lower income tax deduction) $7,289 $7,722 $8,182 $8,669 $9,185 Installation, Operation & Maintenance Costs ($249) ($252) ($254) ($257) ($259) Total Annual Cash Flow $14,968 $9,971 $7,928 $8,412 $8,926 Cumulative Cash Flow ($35,793) ($25,822) ($17,894) ($9,482) ($556) Year: MACRS 5-year Accelerated Depreciation (Fed & State Tax Avoided) $0 $0 $0 $0 $0 CA Performance-Based Incentive (PBI) Step 9 $0 $0 $0 $0 $0 Federal Investment Tax Credit (30%) $0 $0 $0 $0 $0 Net Energy Bill Savings (Reduced by lower income tax deduction) $9,732 $10,311 $10,925 $11,575 $12,264 Installation, Operation & Maintenance Costs ($262) ($265) ($267) ($270) ($273) Total Annual Cash Flow $9,470 $10,046 $10,658 $11,305 $11,991 Cumulative Cash Flow $8,914 $18,960 $29,618 $40,923 $52,914

9 Year: MACRS 5-year Accelerated Depreciation (Fed & State Tax Avoided) $0 $0 $0 $0 $0 CA Performance-Based Incentive (PBI) Step 9 $0 $0 $0 $0 $0 Federal Investment Tax Credit (30%) $0 $0 $0 $0 $0 Net Energy Bill Savings (Reduced by lower income tax deduction) $12,995 $13,768 $14,588 $15,456 $16,376 Installation, Operation & Maintenance Costs ($275) ($278) ($281) ($284) ($287) Total Annual Cash Flow $12,720 $13,490 $14,307 $15,172 $16,089 Cumulative Cash Flow $65,634 $79,124 $93,431 $108,603 $124,692 Year: MACRS 5-year Accelerated Depreciation (Fed & State Tax Avoided) $0 $0 $0 $0 $0 $0 CA Performance-Based Incentive (PBI) Step 9 $0 $0 $0 $0 $0 $0 Federal Investment Tax Credit (30%) $0 $0 $0 $0 $0 $0 Net Energy Bill Savings (Reduced by lower income tax deduction) $17,351 $18,384 $19,479 $20,638 $21,867 $23,169 Installation, Operation & Maintenance Costs ($289) ($292) ($295) ($298) ($301) ($304) Total Annual Cash Flow $17,062 $18,092 $19,184 $20,340 $21,566 $22,865 Cumulative Cash Flow $141,754 $159,846 $179,030 $199,370 $220,936 $243,801

10 Disclaimers & Assumptions Operation, Maintenance, and Inflation Rates This estimate assumes the following system operation, maintenance and inflation rates: System Life: Operation & Maintenance: PV Degradation: Estimated Inverter Life: O&M Inflation Rate: Inverter Replacement Inflation Rate: 25 years 0.10% of system cost per annum 0.70% per annum 15 years 1.0% per annum 1.0% per annum System Size Ratings & Performance There are three methods commonly used to rate PV system size: STC, PTC and CEC. The Standard Test Condition rating ("STC" also called "DC" or "nameplate") assumes a standard set of optimal operating conditions. The STC rating is most often used by manufacturers to classify the power output of PV modules. The PV-USA Test Condition ("PTC") and California Energy Commission ("CEC") ratings were designed to approximate system performance in more realistic operating conditions. The Energy production for the first year is based on PVWatts Version 1. To calculate the system's energy production for any future year, the expected degradation in system performance is included (See "PV Degradation", in table above).

11 Tax Credits & Deductions Income tax rate assumed: 43.00% (Federal 35.00% - State: 8.00%) To calculate the estimated cash flow in this proposal, our analysis used these tax rates. We should stress that we cannot provide tax or investment guidance. You should consult your tax preparer or investment adviser for these services. This analysis calculates the cash flows based only on the assumptions entered into the proposal. This analysis assumes Federal income Tax is not applied to any rebates. Therefore, the basis for the Federal ITC is the installation cost less 100% of any and all rebates. Commercial: In calculating the cash flow, our analysis assumes that your business' utility expense is tax deductible. Since your utility bill will be reduced by installing the solar energy system, the resulting tax deduction is similarly reduced.our analysis takes this into account. It also assumes that when you install your solar energy system, you will be able to receive tax benefits from the investment tax credit, depreciation of the equipment, annual maintenance expense, and interest used in financing. Unlike a residential system, the financing does not have to be secured by real estate in order for the interest to qualify as a tax deduction. MACRS Depreciation: Any commercial entity that invests in or purchases qualified solar energy property may use the Modified Accelerated Cost Recovery System (MACRS) accelerated depreciation schedule: Year 1=20.00%, Year 2=32.00%, Year 3=19.20%, Year 4=11.52%, Year 5=11.52%, Year 6=5.76%. This analysis assumes Federal income Tax is not applied to any state or local incentives. Therefore, the basis for depreciation is the installation cost less 50% of any Federal energy tax credits less 100% of any and all state or local incentives received in year 0. See IRS Publications 946 and 587. In this analysis, year 0 is the year in which the solar energy system is installed. Our analysis assumes that you will benefit from the Investment Tax Credit in year 0 (by knowing you won't have to pay as much tax), though you apply for it in year 1. For all following years, tax deductions are applied to the year in which they occurred. The tax effect of deductions in year 1 are applied to year 1, and so forth. (Net) Energy Bill Savings For an individual, electric bills are not usually deductible against income taxes. For a business, electric bills are usually deductible against income taxes. If an income tax rate is defined, the cash flow displays a "Net" Energy Bill Savings line item which is the Energy Bill Savings less the loss in tax deduction due to the PV system's lowering of the electric bill. Cost inflation for the utility rate and degradation of system performance are also taken into account. Average Monthly Utility Savings "Average Monthly Utility Savings" is the average monthly (Net) Energy Bill Savings expected over the system life. This takes into account utility rate inflation and any expected degradation in system performance. This estimate has not assumed any changes in the amount or timing in your building's energy use. Rate of Return (IRR) on Cash Invested "Rate of Return on Cash Invested" (also called "Internal Rate of Return" or "IRR") is the annual compounded rate of return that the cash flows (savings, incentives, tax benefits, etc.) bring based upon the net cash invested in the year of installation ("Year 0"). In financial math terms, IRR is the discount rate required to make the sum of the present values of each annual cash flow equal zero. If you financed your system 100%, IRR does not apply since you did not actually invest cash.

12 Total Life-Cycle Payback "Total Life-Cycle Payback" is the total cash flows (savings, incentives, tax benefits, etc.) for all years after installation as a percentage of the net cash invested in the year of installation ("Year 0"). This ROI calculation is not adjusted for inflation or the time-value of money. Levelized Cost of Energy "Levelized Cost of Energy" (or LCOE) is an approximation of the average cost of energy from your solar system ($/kwh). To determine LCOE, the system Net Cost ($ in the installation year) is divided by the amount of energy produced (kwh) over the system life (years). For this calculation, energy produced over system life is limited to the annual energy consumption of the building times the system life in years. The Net Cost does not include incentives which may materialize in later years, such as tax credits or deductions or production rebates. This calculation is not adjusted for the time-value of money. Environmental Analysis CO 2 gas emissions avoided per passenger via various travel methods: Travel Method Small Car Medium Car SUV/4 Wheel Drive Airplane (Boeing 747) Air travel average USA capacity. Emissions / mile.59 pounds 1.10 pounds 1.57 pounds 0.97 pounds Tree offset calculation is based on a tree planted in the humid tropics absorbing on average 50 pounds (22 kg) of carbon dioxide annually over 40 years - each tree will absorb 1 ton of CO2 over its lifetime; but as trees grow, they compete for resources and some may die or be destroyed - not all will achieve their full carbon sequestration potential. This calculator assumes that 5 trees should be planted to ensure that at least one lives to 40 years or that their combined sequestration equals 1 ton. General waste is based on the USA average carbon dioxide emission equivalent of 1,010 pounds per person per year. Sources: Sightline Institute, Trees for the Future and USA Environmental Protection Agency Electric Utility Rates & Assumptions Utility: Rate Name (Post Installation): Rate Code: Annual Inflation: Southern California Edison (SCE) General Service - Option B, (3-Phase, 2-50 kv) GS-2 TOU 6.7% (assumed)

13 About Utility Average Costs Time-Of-Use Rates: Solar can reduce average cost of electricity by taking advantage of time-of-use rates. Electric rates are usually higher during peak daytime periods. This is when solar systems produce peak output and can "spin your meter backwards". Each day (weekday or weekend) is broken into four (4) areas: Off-Peak (base rate), Morning Part-Peak, Peak, and Afternoon Part-Peak. We have defined the times each rate starts and used the current rate applicable for that time period. Your utility may change these rates or the time periods applied. TOU charges can account for a large percentage of your utility bill and the assumptions used in these estimates may not be accurate for your particular situation. Demand Rates: With "demand rates" a portion of your utility bill is a demand rate times the peak demand measured in the month. You may find that solar does reduce your demand charges. However, for this analysis it is assumed that solar will not reduce the measured peak demand, and thus demand charges will not change with solar installed. Please note, demand rates can come with high monthly metering fees. In this case, the average cost per kwh may actually be higher since the metering fees must now be allocated across the smaller amount of electricity you purchased from the utility after a solar installation. Annual Electric Bill "True-Up" (Reconciliation): This analysis assumes you will receive a cumulative credit from your electric utility at the end of the year for each month your system produces more energy value to the grid than you consumed. Sometimes this is referred to as a utility bill "true up". This action balances your bill across the year: often in summer months your solar system may provide excess electricity ("spin the meter backwards"), compared to winter months. So you receive billing "credits" in summer for excess energy generated (aka Net Excess Generation). At the end of the year these credits may be applied to charges incurred in months where you purchased electricity (usually winter months) assuming your utility provides Net Metering. This analysis assumes your total annual utility bill will not be less than any minimum utility customer charges, as applicable. Utility Electric Rate Inflation: Historical References California Rates: In 2009, the average retail electric rate was cents per kwh(14.74 cents residential). Investor-owned utilities averaged cents per kwh. Since 1970, electric rates in California have increased 6.7% annually. National Averages: In 2009, the average retail electricity price for all customers across the United States rose to 9.83 cents per kwh, a small increase over Over the two year period though, from 2007 to 2009, the average retail price rose 7.7 percent. Average commercial prices decreased one tenth of a cent per kwh from to cents per kwh. Average industrial prices decreased 0.02 percent from 6.83 cents per kwh in 2008 to 6.70 cents per kwh in See the following Dept of Energy source for more detail on regional and state inflation patterns. Source:

Proposal prepared for Happy Solar Owner

Proposal prepared for Happy Solar Owner Happy Solar Owner 1234 Sunny Lane Portland, OR 97201 Mailing Address: Happy Solar Owner 1234 Sunny Lane Portland, OR 97201 RE: SolarWorld Sunkits System Proposal: CASSK-## Presented by: SolarWorld Authorized

More information

Proposal for SCE Case Study. SCE Case Study CA 91750. Dear SCE Case Study. Ambassador Energy. Page 1 of 23

Proposal for SCE Case Study. SCE Case Study CA 91750. Dear SCE Case Study. Ambassador Energy. Page 1 of 23 SCE Case Study CA 91750 Dear SCE Case Study Ambassador Energy is pleased to submit the following proposal for your solar electric energy system. Solar electric systems are environmentally friendly and

More information

Some of the other basic assumptions here are

Some of the other basic assumptions here are Commercial Client Owner/CFO Your Business 1234 Bay St Oakland CA, CA 94611 Dear Commercial Client, As specific as your business and usage is, a solar proposal requires professional analysis of several

More information

Quotation& Contract for a Renewable Energy Power System Save a Lot Solar- ContractorLicense# 971422

Quotation& Contract for a Renewable Energy Power System Save a Lot Solar- ContractorLicense# 971422 Quotation& Contract for a Renewable Energy Power System Save a Lot Solar- ContractorLicense# 971422 C46 - Solar & C10 - Electrical 6114 La Salle Avenue #760 Oakland, CA 94611 Licenses: 971422 Sales Consultant

More information

SOLAR ELECTRIC ANALYSIS FOR:

SOLAR ELECTRIC ANALYSIS FOR: Presented By: SOLAR ELECTRIC ANALYSIS FOR: Jack Sun Recommended System Size 10.6 kw PV System at 117 So Mary Ave, #30 Sunnyvale, CA 94087 WHY GO SOLAR? Enjoy clean, renewable energy from the Sun Enjoy

More information

Jon Buschke 3059 Austin Ave Simi Valley, CA 93063 (805) 813-1647 jbuschke@hotmail.com

Jon Buschke 3059 Austin Ave Simi Valley, CA 93063 (805) 813-1647 jbuschke@hotmail.com PDF Raw Data < B Na ec Solar Lease Quote Prepared For: Jon Buschke 3059 Austin Ave Simi Valley, CA 93063 (805) 813-1647 jbuschke@hotmail.com Prepared By: Michael Garcia Solarology 2524 Townsgate rd unit

More information

A Guide to Net Energy Metering and Your Billing Process

A Guide to Net Energy Metering and Your Billing Process Understanding Your Domestic Bill for Solar Customers A Guide to Net Metering and Your Billing Process SCE customers who produce their own power are eligible for a special metering and billing option called

More information

Running the Electric Meter Backwards: Real-Life Experience with a Residential Solar Power System

Running the Electric Meter Backwards: Real-Life Experience with a Residential Solar Power System Running the Electric Meter Backwards: Real-Life Experience with a Residential Solar Power System Brooks Martner Lafayette, Colorado University of Toledo Spring 2015 PHYS 4400 - Principles and Varieties

More information

Solar Energy Feasibility Study

Solar Energy Feasibility Study Remote Power Inc. 981 Gold Mine Trail Fairbanks, AK 99712 Solar Energy Feasibility Study For a Typical On-Grid Residence in Fairbanks, AK Bruno Grunau, P.E. Greg Egan 05 November 2008 1 Abstract: Solar

More information

PAYBACK ON RESIDENTIAL PV SYSTEMS WITH 2009-2016 UNCAPPED 30% FEDERAL INVESTMENT TAX CREDIT

PAYBACK ON RESIDENTIAL PV SYSTEMS WITH 2009-2016 UNCAPPED 30% FEDERAL INVESTMENT TAX CREDIT PAYBACK ON RESIDENTIAL PV SYSTEMS WITH 2009-2016 UNCAPPED 30% FEDERAL INVESTMENT TAX CREDIT Andy Black OnGrid Solar Energy Systems 4175 Renaissance Dr. #4, San Jose, CA 95134, USA andy@ongrid.net, (408)

More information

Yield Reduction due to Shading:

Yield Reduction due to Shading: 1x4 1x16 10 x CBC Energy A/S x Danfoss Solar Inverters CBC-40W Poly 40 W TLX 1,5k 5 ; 1x11 3x4 0 1,5kW 1536 x CBC Energy A/S 1 x Power-One CBC-40W Poly 40 W TRIO-7,6-TL-OUTD 30 ; 4x14 0 7,6kW Location:

More information

Gross/Active PV Surface Area: 13.094,40 / 13.086,29 m². Energy Produced by PV Array (AC):

Gross/Active PV Surface Area: 13.094,40 / 13.086,29 m². Energy Produced by PV Array (AC): 1x17 1x17 1x 8 x Trina Solar Trina TSM-PC5A 6 6 W 5 ; x Danfoss Solar Inverters TLX 1,5k 1,5kW Location: Arrondissement d'issoire Climate Data Record: Arrondissement d'issoire PV Output:.8, kwp Gross/Active

More information

Shade Analysis & Inspection Protocol www.energycenter.org

Shade Analysis & Inspection Protocol www.energycenter.org Pacific Power California Solar Incentive Program Shade Analysis & Inspection Protocol Agenda Conducting a Shade Analysis Process Tools Methodology Determining Tilt and Azimuth Field Inspection Overview

More information

The time is right for Solar!

The time is right for Solar! The time is right for Solar! Why Solar Locks in electricity costs for the life of the system, typically 25+ years Usually cash positive from day one when rolled into a refinance or home equity loan Federal

More information

PAYBACK ON RESIDENTIAL PV SYSTEMS WITH PERFORMANCE BASED INCENTIVES AND RENEWABLE ENERGY CERTIFICATES

PAYBACK ON RESIDENTIAL PV SYSTEMS WITH PERFORMANCE BASED INCENTIVES AND RENEWABLE ENERGY CERTIFICATES PAYBACK ON RESIDENTIAL PV SYSTEMS WITH PERFORMANCE BASED INCENTIVES AND RENEWABLE ENERGY CERTIFICATES Andy Black OnGrid Solar Energy Systems 4175 Renaissance Dr #4 San Jose, CA 95134, USA e-mail: andy@ongridnet

More information

Solar Interconnections

Solar Interconnections Solar Interconnections PG&E Generation Interconnection Services Courtesy of DOE/NREL 1 Contact Information Jack McDermott Senior Program Manager Solar/Wind NEM Generation Interconnection Services PG&E

More information

Corona Department of Water & Power (DWP) Solar Partnership Program Guidelines and Application

Corona Department of Water & Power (DWP) Solar Partnership Program Guidelines and Application Corona Department of Water & Power (DWP) Solar Partnership Program Guidelines and Application DWP s new Solar Partnership Program is available to help offset your investment in a PV system and get you

More information

COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) CHARTERED BANK ADMINISTERED INTEREST RATES - PRIME BUSINESS*

COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) CHARTERED BANK ADMINISTERED INTEREST RATES - PRIME BUSINESS* COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) 2 Fixed Rates Variable Rates FIXED RATES OF THE PAST 25 YEARS AVERAGE RESIDENTIAL MORTGAGE LENDING RATE - 5 YEAR* (Per cent) Year Jan Feb Mar Apr May Jun

More information

COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) CHARTERED BANK ADMINISTERED INTEREST RATES - PRIME BUSINESS*

COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) CHARTERED BANK ADMINISTERED INTEREST RATES - PRIME BUSINESS* COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) 2 Fixed Rates Variable Rates FIXED RATES OF THE PAST 25 YEARS AVERAGE RESIDENTIAL MORTGAGE LENDING RATE - 5 YEAR* (Per cent) Year Jan Feb Mar Apr May Jun

More information

Rooftop Revenues. How Your Business Can Profit from Solar Energy.

Rooftop Revenues. How Your Business Can Profit from Solar Energy. Rooftop Revenues How Your Business Can Profit from Solar Energy. White Paper Introduction The decision to implement a solar PV system, once dismissed as an overly expensive investment, can now be backed

More information

THE WORLD S STANDARD FOR SOLAR

THE WORLD S STANDARD FOR SOLAR LEASE LEASE PROPOSAL PROPOSAL FOR RAY FOR DARBY, [HOMEOWNER SUSTAINABLE NAME] Ray Darby, Sustainable Energy Group Grass Valley, CA 95949 THE WORLD S STANDARD FOR SOLAR Now Available for Zero Down THE PLANET

More information

FINANCIAL PAYBACK ON CALIFORNIA RESIDENTIAL SOLAR ELECTRIC SYSTEMS

FINANCIAL PAYBACK ON CALIFORNIA RESIDENTIAL SOLAR ELECTRIC SYSTEMS FINANCIAL PAYBACK ON CALIFORNIA RESIDENTIAL SOLAR ELECTRIC SYSTEMS Andrew J. Black OnGrid Energy s 4175 Renaissance Dr, #4 San Jose, CA 95134 EcoAndyBlack@earthlink.net (408) 428 0808 (Presented at 2003,

More information

THE UNIVERSITY OF BOLTON

THE UNIVERSITY OF BOLTON JANUARY Jan 1 6.44 8.24 12.23 2.17 4.06 5.46 Jan 2 6.44 8.24 12.24 2.20 4.07 5.47 Jan 3 6.44 8.24 12.24 2.21 4.08 5.48 Jan 4 6.44 8.24 12.25 2.22 4.09 5.49 Jan 5 6.43 8.23 12.25 2.24 4.10 5.50 Jan 6 6.43

More information

HOSPIRA (HSP US) HISTORICAL COMMON STOCK PRICE INFORMATION

HOSPIRA (HSP US) HISTORICAL COMMON STOCK PRICE INFORMATION 30-Apr-2004 28.35 29.00 28.20 28.46 28.55 03-May-2004 28.50 28.70 26.80 27.04 27.21 04-May-2004 26.90 26.99 26.00 26.00 26.38 05-May-2004 26.05 26.69 26.00 26.35 26.34 06-May-2004 26.31 26.35 26.05 26.26

More information

Calculating Solar Energy System Performance & Payback

Calculating Solar Energy System Performance & Payback Calculating Solar Energy System Performance & Payback Our integrator experts from A&R Solar, Sunergy Systems, and Whidbey Sun & Windwill present and discuss how to determine and calculate real world performance,

More information

Understanding Your Bill

Understanding Your Bill Pacific Gas and Electric Company'~ ~ UNDERSTANDING YOUR NEM RATE SCHEDULE 1 ~ CREDITS/CHARGES 2 ~ BILL EXAMPLES 3 ~ HELPFUL INFORMATION 5 Understanding Your Bill Thank you for making the choice to promote

More information

Glossary PowerClerk Term Definition

Glossary PowerClerk Term Definition Glossary The following is a table that lists and defines terms that occur in PowerClerk. This table includes terms located both in the frontend (application processing) and backend (database and reporting)

More information

Solar Power Basics for Residential Customers

Solar Power Basics for Residential Customers The Future is Clean Energy Solar Power Basics for Residential Customers Courtesy of DOE/NREL Contact Information Pete Shoemaker Pacific Energy Center 851 Howard St. San Francisco, CA 94103 (415) 973-8850

More information

PV Farms Solar Electric Power for Wholesale Distribution

PV Farms Solar Electric Power for Wholesale Distribution PV Farms Solar Electric Power for Wholesale Distribution UC ENERGY WEEK 2010 California Solar Energy Workshop UC Davis Energy Institute Davis, California Larry Asera Chairman/CEO Asera Group, Inc. May

More information

Median and Average Sales Prices of New Homes Sold in United States

Median and Average Sales Prices of New Homes Sold in United States Jan 1963 $17,200 (NA) Feb 1963 $17,700 (NA) Mar 1963 $18,200 (NA) Apr 1963 $18,200 (NA) May 1963 $17,500 (NA) Jun 1963 $18,000 (NA) Jul 1963 $18,400 (NA) Aug 1963 $17,800 (NA) Sep 1963 $17,900 (NA) Oct

More information

Financial Incentives State and Federal Incentives. Basics of Solar Technology overview System Description Installation & Mounting Warranty.

Financial Incentives State and Federal Incentives. Basics of Solar Technology overview System Description Installation & Mounting Warranty. Solar Electric Opportunity Agenda Financial Incentives State and Federal Incentives Financial Analysis Energy Cost Savings Basics of Solar Technology overview System Description Installation & Mounting

More information

Solar Power Plan PREPARED FOR:

Solar Power Plan PREPARED FOR: Solar Power Plan PREPARED FOR: Generic Quote/Average Home 12345 SW Anywhere Place Portland, OR 97229 503-555-1212 donotreply@dpisolar.com Prepared by: Josh Kopczynski, DPI Solar 503-709-9300 Josh@dpisolar.com

More information

Carroll Gardens Columbia Waterfront Cobble Hill Gowanus Park Slope Red Hook. Commercial & Business Solar Workshop As of 9/29/15.

Carroll Gardens Columbia Waterfront Cobble Hill Gowanus Park Slope Red Hook. Commercial & Business Solar Workshop As of 9/29/15. Carroll Gardens Columbia Waterfront Cobble Hill Gowanus Park Slope Red Hook Commercial & Business Solar Workshop As of 9/29/15 Partners: What is Solarize? The Power of Community. Reducing the costs of

More information

Advanced solar power generation... www.massmegawatts.com Corporate Sales: 508-751-5432

Advanced solar power generation... www.massmegawatts.com Corporate Sales: 508-751-5432 Advanced solar power generation... www.massmegawatts.com Corporate Sales: 508-751-5432 A Complete Solar-Power System with innovative technology Solar Tracking Increases solar-power generation by 25% Suited

More information

CSI EPBB Design Factor Calculator User Guide

CSI EPBB Design Factor Calculator User Guide CSI EPBB Design Factor Calculator User Guide 1. Guide Overview This User Guide is intended to provide background on the California Solar Initiative (CSI) Expected Performance Based Buydown (EPBB) Design

More information

TRACKED VS FIXED: PV SYSTEM COST AND AC POWER PRODUCTION COMPARION

TRACKED VS FIXED: PV SYSTEM COST AND AC POWER PRODUCTION COMPARION TRACKED VS FIXED: PV SYSTEM COST AND AC POWER PRODUCTION COMPARION LOCATION: MODELING SOFTWARE: ARRAY TYPES: MADISION, WI USA PVWATTS TRACKED, FIXED POLE TOP, & GROUND MOUNT It is well known that if you

More information

3.36 kw Solar PV Kit Pricing

3.36 kw Solar PV Kit Pricing 3.36 kw Solar PV Kit Pricing Standard 3.36 kw Solar PV System Pricing $ 13,440 MI Solar Works Pricing $ 11,760 Less Federal Tax Incentives (30% of System Cost) - 3,528 Final 3.36 kw Solar PV System Cost

More information

Solar for Homeowners. Bear Valley Solar Initiative (BVSI) Laura Williams, Project Manager. February, 11 2015

Solar for Homeowners. Bear Valley Solar Initiative (BVSI) Laura Williams, Project Manager. February, 11 2015 Solar for Homeowners Bear Valley Solar Initiative (BVSI) February, 11 2015 Laura Williams, Project Manager Our Mission: Accelerate the transition to a sustainable world powered by clean energy CSE Disclaimer

More information

Solar Benefits Colorado:! Solar & EV made simple!! September 2015

Solar Benefits Colorado:! Solar & EV made simple!! September 2015 Solar Benefits Colorado:! Solar & EV made simple!! September 2015 Perceived Barriers to Solar & EV! Range anxiety High upfront cost Marketing & customer acquisition Customer confusion Information overload

More information

AT&T Global Network Client for Windows Product Support Matrix January 29, 2015

AT&T Global Network Client for Windows Product Support Matrix January 29, 2015 AT&T Global Network Client for Windows Product Support Matrix January 29, 2015 Product Support Matrix Following is the Product Support Matrix for the AT&T Global Network Client. See the AT&T Global Network

More information

Presenter: Bruce Clay Clay Energy Fiji

Presenter: Bruce Clay Clay Energy Fiji IRENA - Renewable Energy Applications for Island Tourism: The Business Case for PV Systems - Fiji Presenter: Bruce Clay Clay Energy Fiji Page01 The Pacific Page02 Off-Grid Island RE Power 01/ PV/Diesel

More information

February 23, 2016. Paul Helstrom Minnesota Power Renewable Program Lead. Stacy Miller Minnesota Department of Commerce Solar Policy Specialist

February 23, 2016. Paul Helstrom Minnesota Power Renewable Program Lead. Stacy Miller Minnesota Department of Commerce Solar Policy Specialist February 23, 2016 Paul Helstrom Minnesota Power Renewable Program Lead Stacy Miller Minnesota Department of Commerce Solar Policy Specialist Agenda Overview of Solar Energy Markets in the US Overview

More information

Energy Savings through Solar Energy for Municipalities

Energy Savings through Solar Energy for Municipalities Energy Savings through Solar Energy for Municipalities September 2014 2014 Sunvestment Group www.sunvestmentgroup.com Topics to Cover Who We Are RER Energy Group Sunvestment Group Why Now for Solar Energy

More information

Design of Grid Connect PV systems. Palau Workshop 8 th -12 th April

Design of Grid Connect PV systems. Palau Workshop 8 th -12 th April Design of Grid Connect PV systems Palau Workshop 8 th -12 th April INTRODUCTION The document provides the minimum knowledge required when designing a PV Grid connect system. The actual design criteria

More information

Welcome to SolarCity!

Welcome to SolarCity! 72% SOLAR SYSTEM PROPOSAL FOR ALL-ELECTRIC HOUSE ON LONG ISLAND, NY WITH A MODEL G3-60 GFX. 99% SYSTEM NOT PRACTICAL DUE TO TREES & ORIENTATION Welcome to SolarCity! Our Experience to Serve You We Do Great

More information

Ver.19 December 17, 2013. Program & Document Principles DOCUMENT INTENT, OBJECTIVES & MANAGEMENT. PART I Definitions, Overview & Objectives

Ver.19 December 17, 2013. Program & Document Principles DOCUMENT INTENT, OBJECTIVES & MANAGEMENT. PART I Definitions, Overview & Objectives PSEG Long Island SOLAR PIONEER & SOLAR ENTREPRENEUR PROGRAM IMPLEMENTATION GUIDE FOR INSTALLATION CONTRACTORS Rules & Procedures for Solar PV Systems Production Estimating & Rebate Determination Ver.19

More information

Photovoltaic Systems II EE 446/646

Photovoltaic Systems II EE 446/646 Photovoltaic Systems II EE 446/646 Components of a grid-connected residential PV system (net meter) The inverter contains: Ground Fault Circuit Interrupter (GFCI) MPPT and Circuitry to disconnect the PV

More information

Chapter 15. Economic Analysis. Incentives Value Assessment Life Cycle Costs Analysis Financial Tools Jim Dunlop Solar

Chapter 15. Economic Analysis. Incentives Value Assessment Life Cycle Costs Analysis Financial Tools Jim Dunlop Solar Chapter 15 Economic Analysis Incentives Value Assessment Life Cycle Costs Analysis Financial Tools 2012 Jim Dunlop Solar Overview Identifying and the various types of financial incentives applicable to

More information

By: Crystal Warren IMPLEMENTATION OF SOLAR PANELS ON COMMERCIAL PROPERTIES AND THE COST-BASED INCENTIVES

By: Crystal Warren IMPLEMENTATION OF SOLAR PANELS ON COMMERCIAL PROPERTIES AND THE COST-BASED INCENTIVES By: Crystal Warren IMPLEMENTATION OF SOLAR PANELS ON COMMERCIAL PROPERTIES AND THE COST-BASED INCENTIVES MY PLAN Encourage commercial property/business owners to install solar panels to reduce the amount

More information

Energy Action Plan II

Energy Action Plan II California Solar Initiative The CPUC Portion of a Robust State Incentive Program California Solar Initiative Go Solar California! Polly Shaw, Senior Regulatory Analyst California Public Utilities Commission

More information

THE ROOFPOINT ENERGY AND CARBON CALCULATOR A NEW MODELING TOOL FOR ROOFING PROFESSIONALS

THE ROOFPOINT ENERGY AND CARBON CALCULATOR A NEW MODELING TOOL FOR ROOFING PROFESSIONALS THE ROOFPOINT ENERGY AND CARBON CALCULATOR A NEW MODELING TOOL FOR ROOFING PROFESSIONALS James L. Hoff, VP of Research Center for Environmental Innovation in Roofing Tools and Models Tools require models

More information

Solar Photovoltaic System, Valuation and Leasing Overview

Solar Photovoltaic System, Valuation and Leasing Overview ASA-LA and SCCAI Annual Joint Dinner Common Sense Solar Solar Photovoltaic System, Valuation and Leasing Overview James Finlay, MRICS May 12, 2015 RICS - Solar Leasing 10/16/2014 1 Presentation Overview

More information

Going Solar Now featuring solar water heating

Going Solar Now featuring solar water heating Guide to Going Solar Now featuring solar water heating TABLE OF CONTENTS California Leading the Way to a Brighter Future...3 How Solar Generation Works...4 A Closer Look: Types of PV Panels and Inverters...5

More information

Salesforce Tutorial Quote. Create new Account: 1. From homepage select the Accounts Tab.

Salesforce Tutorial Quote. Create new Account: 1. From homepage select the Accounts Tab. Salesforce Tutorial Quote Create new Account: 1. From homepage select the Accounts Tab. 2. From Accounts page select New. (Select person account for residential accounts). The quote tool only works for

More information

Analysis of Electricity Rate Structures for Residential and Commercial Projects

Analysis of Electricity Rate Structures for Residential and Commercial Projects Analysis of Electricity Rate Structures for Residential and Commercial Projects SAM Webinar Paul Gilman April 16, 2014 1:00 p.m. MDT NREL is a national laboratory of the U.S. Department of Energy, Office

More information

Payback and other Financial Tests for Solar Electric Systems By Andy Black

Payback and other Financial Tests for Solar Electric Systems By Andy Black Payback and other Financial Tests for Solar Electric Systems By Andy Black Solar electric systems can be a good financial investment for California homeowners with good sun (little shade) on a south, southwest,

More information

Yukon Government Solar Energy Pilot: Performance Monitoring Yukon Government s Energy Solutions Centre. February 2014

Yukon Government Solar Energy Pilot: Performance Monitoring Yukon Government s Energy Solutions Centre. February 2014 Yukon Government Solar Energy Pilot: Performance Monitoring Yukon Government s Energy Solutions Centre February 2014 Contents 1. Project Overview... 3 2. System Specifications... 3 2.1. Yukon Government

More information

S&P Year Rolling Period Total Returns

S&P Year Rolling Period Total Returns S&P 500 10 Year Rolling Period Total Returns Summary: 1926 June 2013 700% 600% 500% 400% 300% 200% 100% 0% 100% Scatter chart of all 931 ten year periods. There were 931 ten year rolling periods from January

More information

Solarize Frequently Asked Questions (a)

Solarize Frequently Asked Questions (a) Solarize Frequently Asked Questions (a) Solarize Old Lyme, www.solarizect.com/oldlyme Solarize Lyme, www.solarizect.com/lyme Q. What is Solarize Connecticut? A. Solarize Connecticut is a town-state sponsored

More information

Breakeven Cost for Residential Photovoltaics in the United States: Key Drivers and Sensitivities (Report Summary)

Breakeven Cost for Residential Photovoltaics in the United States: Key Drivers and Sensitivities (Report Summary) Breakeven Cost for Residential Photovoltaics in the United States: Key Drivers and Sensitivities (Report Summary) Paul Denholm Robert M. Margolis Sean Ong Billy Roberts December 2009 NREL/PR-6A2-47248

More information

The Planning and Design of Photovoltaic Energy Systems: Engineering and Economic Aspects. William Nichols Georgia Southern University Atlanta, GA

The Planning and Design of Photovoltaic Energy Systems: Engineering and Economic Aspects. William Nichols Georgia Southern University Atlanta, GA The Planning and Design of Photovoltaic Energy Systems: Engineering and Economic Aspects William Nichols Georgia Southern University Atlanta, GA Dr. Youakim Kalaani Georgia Southern University Statesboro,

More information

Payback and other Financial Tests for Solar Electric Systems By Andy Black

Payback and other Financial Tests for Solar Electric Systems By Andy Black Payback and other Financial Tests for Solar Electric Systems By Andy Black How to calculate the return on your solar electric system investment before you buy. For years, questions about returns on the

More information

Payback and other Financial Tests for Solar on Your Home

Payback and other Financial Tests for Solar on Your Home Payback and other Financial Tests for Solar on Your Home By Andy Black Solar electric systems can be a good financial investment for California homeowners with good sun (little shade) on a south, southwest,

More information

ANNUAL REPORT FOR ENERGY EFFICIENCY PROGRAMS CALENDAR YEAR 2013

ANNUAL REPORT FOR ENERGY EFFICIENCY PROGRAMS CALENDAR YEAR 2013 ANNUAL REPORT FOR ENERGY EFFICIENCY PROGRAMS CALENDAR YEAR 2013 NMPRC EFFICIENT USE OF ENERGY RULE 17.7.2 NMAC JUNE 1, 2014 EPE s PY2013 Energy Efficiency Report Table of Contents SECTION I. EXECUTIVE

More information

Solar Cogeneration in Context. Technical Overview White Paper

Solar Cogeneration in Context. Technical Overview White Paper Solar Cogeneration in Context Technical Overview White Paper Executive Summary Solar cogeneration captures and converts up to 80% of the sun s incident energy into both electricity and hot water within

More information

Southern California Edison Revised Cal. PUC Sheet No. 57592-E Rosemead, California (U 338-E) Cancelling Revised Cal. PUC Sheet No.

Southern California Edison Revised Cal. PUC Sheet No. 57592-E Rosemead, California (U 338-E) Cancelling Revised Cal. PUC Sheet No. Southern California Edison Revised Cal. PUC Sheet No. 57592-E Rosemead, California (U 338-E) Cancelling Revised Cal. PUC Sheet No. 55646-E Schedule TOU-GS-2 Sheet 1 APPLICABILITY Applicable to single-

More information

California Solar Incentives. California Solar Incentives

California Solar Incentives. California Solar Incentives California Solar Incentives California Solar Incentives William W. Westerfield, III Stoel Rives LLP 770 L Street, Suite 800 Sacramento, CA 95814 (916) 319-4749 The Universe of of Solar Incentives Rebate

More information

NAV HISTORY OF DBH FIRST MUTUAL FUND (DBH1STMF)

NAV HISTORY OF DBH FIRST MUTUAL FUND (DBH1STMF) NAV HISTORY OF DBH FIRST MUTUAL FUND () Date NAV 11-Aug-16 10.68 8.66 0.38% -0.07% 0.45% 3.81% 04-Aug-16 10.64 8.66-0.19% 0.87% -1.05% 3.76% 28-Jul-16 10.66 8.59 0.00% -0.34% 0.34% 3.89% 21-Jul-16 10.66

More information

A Guide to State and Federal Solar Electric Incentives for Boston Affordable Housing Developers

A Guide to State and Federal Solar Electric Incentives for Boston Affordable Housing Developers A Guide to State and Federal Solar Electric Incentives for Boston Affordable Housing Developers Prepared by The Solar Boston Initiative and the Green Affordable Housing Program City of Boston Department

More information

Making the Business Case for Solar Power on Commercial Properties

Making the Business Case for Solar Power on Commercial Properties Making the Business Case for Solar Power on Commercial Properties A Sample Internal Presentation to Corporate Decision-Makers Created by Alta Energy for companies that own or lease commercial property

More information

ADB s Rooftop Solar Project. Aiming Zhou Senior Energy Specialist 15-19 June 2015 10 th Asia Clean Energy Forum

ADB s Rooftop Solar Project. Aiming Zhou Senior Energy Specialist 15-19 June 2015 10 th Asia Clean Energy Forum ADB s Rooftop Solar Project Aiming Zhou Senior Energy Specialist 15-19 June 2015 10 th Asia Clean Energy Forum 1. Project Summary 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 >27

More information

Plumas Sierra Solar Rebate Program Guidebook 2015

Plumas Sierra Solar Rebate Program Guidebook 2015 Plumas Sierra Solar Rebate Program Guidebook 2015 Plumas Sierra Rural Electric Cooperative (PSREC) is offering rebates to encourage the installation of high quality solar photovoltaic (PV) systems in 2015.

More information

SolarFlair Energy Inc. 190 Pleasant St, Ashland, MA

SolarFlair Energy Inc. 190 Pleasant St, Ashland, MA SolarFlair Energy Inc. 190 Pleasant St, Ashland, MA 132 panels on our roof! About SolarFlair Energy Inc. We ve always been local! Founded in Hopkinton in 2007, moved to Framingham in 2010 and now we have

More information

Developing Nebraska s Solar Potential. Michael Shonka

Developing Nebraska s Solar Potential. Michael Shonka Developing Nebraska s Solar Potential Michael Shonka www.solaromaha.com 402-590-5900 Agenda Why Go SOLAR Solar Myths Solar System Components System Design Applications and Impacts Why Go SOLAR? FREE and

More information

Public Agency Law Group Attorneys At Law

Public Agency Law Group Attorneys At Law Attorneys At Law West Valley PG&E connection occurred October 4, 2011 Mission College Silicon Valley Power connection occurred November 18, 2011 YUBA COMMUNITY COLLEGE SOLAR ELECTRIC GENERATION TYPES

More information

Selling Residential Solar A Market Based Approach

Selling Residential Solar A Market Based Approach http://dialogue.usaee.org/index.php/component/content/article/28 dialogue articles/v17 no3/104 selling residential solara market based approach United States Association for Energy Economics (USAEE) DIALOGUE,

More information

Application for Purchased Systems Oregon Department of Energy

Application for Purchased Systems Oregon Department of Energy Application Form for Residential Energy Tax Credit Certification Instructions Solar Electric System (Photovoltaic) Application for Purchased Systems Oregon Department of Energy ELIGIBILITY To qualify for

More information

3 rd Party Solar Sales April 2012

3 rd Party Solar Sales April 2012 3 rd Party Solar Sales April 2012 About SolarCity The Leading Solar Service Provider in the U.S. More than 30,000 projects completed or underway Serving thousands of markets nationwide AZ, CA, CO, DC,

More information

Solar Panels and the Smart Grid

Solar Panels and the Smart Grid Solar Panels and the Smart Grid In the Pepco Region Steve Sunderhauf Jeff Roman Joshua Cadoret David Pirtle Outline Pepco Region Background Renewable Portfolio Standards (RPS) Pepco s Blueprint for the

More information

PG&E and Renewables. Finding the ROI in Green Programs. Andrew Yip Manager Solar and Customer Generation Integrated Demand-Side Management

PG&E and Renewables. Finding the ROI in Green Programs. Andrew Yip Manager Solar and Customer Generation Integrated Demand-Side Management 1 PG&E and Renewables Finding the ROI in Green Programs Andrew Yip Manager Solar and Customer Generation Integrated Demand-Side Management Pacific Gas and Electric Company Energy services to 15 MM people:

More information

Solar Project Financing Commercial Power Purchase Agreements (PPAs) & PPA Market Rates for SCE Territory

Solar Project Financing Commercial Power Purchase Agreements (PPAs) & PPA Market Rates for SCE Territory Solar Energy in Inland Southern California: The Future is Now The University of California, Riverside Solar Project Financing Commercial Power Purchase Agreements (PPAs) & PPA Market Rates for SCE Territory

More information

CNMEC REC PROGRAM. The REC meter will be read monthly by CNMEC. Payment for RECs will be calculated using the monthly readings from the REC meter.

CNMEC REC PROGRAM. The REC meter will be read monthly by CNMEC. Payment for RECs will be calculated using the monthly readings from the REC meter. CNMEC REC PROGRAM Renewable Energy Certificates (RECs) are tradable, non-tangible energy commodities that represent proof that 1 megawatt-hour (1000 kilowatt-hours) of electricity were generated from an

More information

California Solar Initiative

California Solar Initiative California Solar Initiative 2 Content Introduction Overview of California Solar Initiative (CSI) Generation Interconnection Services (GIS) ClimateSmart 3 PG&E s Integrated Approach Energy Efficiency Reduce

More information

Free electricity for your home, offices or factory with solar PV panels

Free electricity for your home, offices or factory with solar PV panels Free electricity for your home, offices or factory with solar PV panels Who we are Easy Being Green helps customers reduce their household s energy consumption by using energy saving products. Easy Easy

More information

GUIDE TO NET ENERGY METERING. www.heco.com

GUIDE TO NET ENERGY METERING. www.heco.com GUIDE TO NET ENERGY METERING www.heco.com Welcome to Net Energy Metering As a Net Energy Metering (NEM) customer, you are helping Hawaii reach its clean energy goals. Your photovoltaic (PV) system should

More information

Using the sun to generate electricity

Using the sun to generate electricity Using the sun to generate electricity Image source: http://www.globalsolarcenter.com/files/2009/04/commercial-solar.jpg Solar panels information sheet What are the benefits? How does it work? What is the

More information

Main. Model error status: No known errors Income Method FMV ($ / Watt) General Assumptions and Fund Structure

Main. Model error status: No known errors Income Method FMV ($ / Watt) General Assumptions and Fund Structure Main Green cells are user inputs. Blue cells are model outputs. Other cells are fixed or are intermediate calculations.. See legal notice. Output Summary Tax Equity IRR @ flip 9.0% Sponsor IRR @ year 20

More information

Solar for the Entrepreneur

Solar for the Entrepreneur 12.16.09 Solar for the Entrepreneur For Solar Contractors Matt Heling Program Manager Solar & Customer Generation Pacific Gas and Electric Co. 2 Goal Identify the information, resources, and requirements

More information

Solar Power at Vernier Software & Technology

Solar Power at Vernier Software & Technology Solar Power at Vernier Software & Technology Having an eco-friendly business is important to Vernier. Towards that end, we have recently completed a two-phase project to add solar panels to our building

More information

Solar Photovoltaic Basics

Solar Photovoltaic Basics Solar Photovoltaic Basics A solar electric system is a simple, no-maintenance way to reduce or eliminate your electricity costs. The right size system can zero out your bill, plus reduce carbon emissions

More information

2,1 MW Solar Park Danfoss Nordborg. 1 Real Estate

2,1 MW Solar Park Danfoss Nordborg. 1 Real Estate 2,1 MW Solar Park Danfoss Nordborg 1 Real Estate GS-R Organisation GS-R Real Estate Torben Christensen GS-RB Building Projects Flemming B. Møller ManagementGS-RP Portfolio Management Henrik Skourup Hansen

More information

City of Pomona Municipal Facilities Solar Photovoltaic Feasibility Study. Pomona, CA

City of Pomona Municipal Facilities Solar Photovoltaic Feasibility Study. Pomona, CA City of Pomona Municipal Facilities Solar Photovoltaic Feasibility Study Pomona, CA March 13, 2012 City of Pomona Solar Feasibility Study Contents Background... 1 Technical Feasibility Evaluation... 1

More information

Federal Tax Incentives for Solar Energy Investments

Federal Tax Incentives for Solar Energy Investments Federal Tax Incentives for Solar Energy Investments There are two federal tax incentives available to commercial entities to encourage private investment in solar energy equipment and systems: (1) an investment

More information

Developing Solar Photovoltaic for Competitively Priced Energy

Developing Solar Photovoltaic for Competitively Priced Energy 66 Cogeneration and Distributed Generation Journal Developing Solar Photovoltaic for Competitively Priced Energy Rose A. Hanzlik CEM Constellation Energy ABSTRACT Parker Hannifin Corporation ( Parker ),

More information

Are you interested in saving money while producing solar sourced energy? Are you someone whose house, business or land can t host solar panels?

Are you interested in saving money while producing solar sourced energy? Are you someone whose house, business or land can t host solar panels? Page 1 of 16 Winter 2016 Group Solar Farm Panel Purchase and License Information Packet Are you interested in saving money while producing solar sourced energy? Are you someone whose house, business or

More information

Summary of Electric Power Research Institute (EPRI) Report on Residential Off-Grid System Economics

Summary of Electric Power Research Institute (EPRI) Report on Residential Off-Grid System Economics Summary of Electric Power Research Institute (EPRI) Report on Residential Off-Grid System Economics September 11, 2014 0 Forward-Looking Statements Leading the Way in Electricity SM Statements contained

More information

Photovoltaic Industry Technologies, Markets & Trends

Photovoltaic Industry Technologies, Markets & Trends Photovoltaic Industry Technologies, Markets & Trends AIAA Los Angeles Enterprise Chapter Joel Davidson Solutions in Solar Electricity Presentation Outline The Big Picture Brief History of PV Solar Array

More information

A Residential Customer Guide to Going Solar: Duke Energy Progress Version

A Residential Customer Guide to Going Solar: Duke Energy Progress Version A Residential Customer Guide to Going Solar: Duke Energy Progress Version Prepared by the for Duke Energy Progress Residential Customers 1 T hroughout its history, North Carolina has been at the forefront

More information

Solar for Homeowners. Discover solar technologies for your home

Solar for Homeowners. Discover solar technologies for your home Solar for Homeowners Discover solar technologies for your home Our Mission: Accelerate the transition to a sustainable world powered by clean energy What We Do Information Resource & Expert Implementation

More information

Introduction to Project Finance Analytic Methods

Introduction to Project Finance Analytic Methods Introduction to Project Finance Analytic Methods Renewable Energy and Project Development and Financing for California Tribes Sacramento, CA Jack Whittier, McNeil Technologies January 2008 Why? Use a model

More information