Green is the New Black Solarize Houston!
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1 Green is the New Black Solarize Houston! Texas Solar Outfitters is the leading solar company in the Greater Houston Area, and recognized as one of Top 250 in the U.S. by Solar Power World Magazine. Located at 705 Shepherd Dr., the company is a licensed Texas Electrical Contractor, with a team that includes NABCEP and UL Certified Installers, Master Electrician, and LEED AP designer. The company designs residential and commercial grid-tied, off-grid, and grid-interactive systems. TexasSolarOutfitters.com TECL #
2 The amount of solar energy reaching Earth in 1 hour is more than mankind consumes each year. TexasSolarOutfitters.com
3 Topics Covered Today: Today s PV Market System Economics Why Go Solar The In s and Out s TexasSolarOutfitters.com
4 Global Solar Market TexasSolarOutfitters.com
5 U.S. Solar Market Source: GTM US Solar Market Insight Q Publication TexasSolarOutfitters.com
6 Installed Costs across Segments TexasSolarOutfitters.com
7 Average Breakdown of Costs TexasSolarOutfitters.com
8 Texas Solar Market Rhone Resch, President and CEO of the Solar Energy Industries Association: "Texas has the potential to be a MASSIVE solar market...to put it into perspective, the sunshine that falls on Texas each month has more energy than all of the oil that has EVER been pumped out of this state. If you think oil made Texas great, just wait till you see what they do with solar..." Solar Energy International Oct TexasSolarOutfitters.com
9 Some Groundwork Module prices declined steadily for 30 years until 2008, prices then dropped a staggering 70% through 2013, and have levelled off since. A South-facing array in Houston will generate about 1,300 kwh per installed kw (DC). Rule of Thumb: Size the array to cover base loads TexasSolarOutfitters.com
10 Sample Homes TexasSolarOutfitters.com
11 Sample Home: Best Option TexasSolarOutfitters.com
12 Sample Home: Assumptions Your electric bill is quoted in cents per kwh, we'll use 12 cents (including TDSP) We're also going to assume our home uses 16,000 kwh /year Low usage month (base) is February (670 kwh) Peak usage month is August (2,000 kwh) TexasSolarOutfitters.com
13 Sizing the System 'Rule of Thumb' size system the base load - about 670 kwh With available space, utilizing 19 x 270w panels, we can generate an average of 7,436 kwh per year (620 kwh avg month) In this case, solar will provide 46% of demand, saving the customer $892 in year 1. Of course savings will rise and fall with electricity rates. TexasSolarOutfitters.com
14 Economics This system costs about $19k to purchase before tax credits. Federal 30% tax credit reduces this amount to $13k. For our model home, let's assume electricity costs increase by only 3% a year from 2016.* By the 25th year savings rise to $1,800 a year from $892 in year 1, or an average of $1,312. Total savings will amount to $33,000, or $49,000 if you consider pre-tax dollars are used to pay your electric bill. *assumes utility rate will be $0.24 in 2040 TexasSolarOutfitters.com
15 Summary of the Numbers TexasSolarOutfitters.com
16 Summary of the Numbers II So, even with NO rebates, the savings add up to far more than the system cost ($33,000 vs $13,000) Levelized Energy Cost is the lifetime cost of the energy produced by a system. (cost) / (total kwh) $13,000 7,436kWh X 25years The LEC at 25 years for this system is $0.07 kwh...not bad! TexasSolarOutfitters.com
17 Environmental Impact Source: epa.gov/cleanenergy/energy-resources/calculator.html TexasSolarOutfitters.com
18 Going Solar Now Has there been a better time to install solar? Prices at the lowest point in history 30% federal tax credit extended through 2019 Hedge against electricity price increases Reduce CO 2 footprint now Be a leader in your community Increased property value (tax exempt) TexasSolarOutfitters.com
19 The In s and Out s In No Particular Order In-house sales, design, procurement, installation and service Knowledge of the various net-metering policies High number of installations (seen it all). Verifiable power generation figures Access to best components Texas Property Code Law Broad product offerings Interconnection policies The permitting process Inspection priorities Committed HOA s Local TexasSolarOutfitters.com
20 Questions and Answers Thanks for taking the time to learn more about solar energy. We left out a lot of math and science, and specific benefits for a business - very happy to talk about those in more detail. Some of the other subjects we didn't cover, but which you can find on our website include: Solar Leasing - monthly and prepaid options Off-grid and Back-up Energy Storage PPAs and other financing vehicles TexasSolarOutfitters.com
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