The time is right for Solar!

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Transcription:

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 tax credits & California rebates make systems very affordable No pollution, reduces country s need for oil, silent Warranted for 25 years, very little maintenance Adds to property values without increasing taxes

Who Can Use Solar Residences Best with electric bills over $80/month Small to large business owners Wineries Warehouses Light industry Office buildings Roofs Hillsides Parking structures Patios Southeast to West orientation Some direct sun exposure needed

Tax Credit & Rebate US Federal Tax Credit Residential 30% of system cost full CREDIT Businesses 30% of system cost full CREDIT Accelerated depreciation CA Solar Initiative (CSI) 1Million installations: 2017 goal, achieved next year Pays $200/kw rebate now Will be used up in a few months

What is the Cost of Solar Cost of PV panels has dropped to 25% of 5 years ago A typical 5 kw AC residential system will cost under $22,000, or $14,700 net after rebate and tax credit CA rebates $200/kW Federal tax credit of 30% for residences Businesses receive 30% tax credit and accelerated depreciation

Best Time to Install Solar During new home financing or refi Usually a buyer can save much more on electric bills than the added cost of the mortgage for PV system Cash positive from day one Home equity line or separate financing Savings begin from day one of the loan Home equity financing has low rates & tax advantages

More Reasons to Go Solar Now CA rebates will be gone in a few months PV prices at historic lows Lock in energy costs for 30 years Reduce US oil imports Reduce Greenhouse gases Start saving $ and energy now!

Solar is highly leveraged in PG&E territory because of: Tiered Rate Structure Time Of Use Rate Schedule

345, Tier 1 449, Tier 2 725, Tier 3 Cents per kwh 9) 5) 1 4 1 7 7 8 6 7 0 9 3 1 0 8 5 9 1 9 5 9 It will pay for itself in 5 years This project could increase your home's value by: $49,409 PG&E Rate Source: The Tiers Appraisal Journal, - Sweet www.ongrid.net/appraisaljournalpvvalue10.98.pdf Spot for Solar 40 35 30 25 20 15 10 5 0 Residential Tiered Usage With Solar Net Usage Production

Time of Use (TOU) Rate Schedule E6 TOU rates charge/credit more during summer (May Oct) weekday afternoons (peak) Summer Tier 1 peak rate: $0.28/kwh Off peak Tier 1 rate: $0.10/kwh Solar is most productive during summer peak Properly sized system will produce excess power during peak, getting high peak credits You buy power at 1/3 that cost during off peak

Annual Savings Cents per kwh Resale Value SunStar Energy, Inc. 408 838-8400 richardd@sunstarenergy.com Annual Cost Accumulated Savings Annual Savings 16 14 12 10! " #$%&' ()*' #+, (&-.#/0#1&, )-# Rates have risen on average, 6.7% per year since 1970 $10,000.00 $9,000.00 Cash Flow Over Time: " 223, %#! 4-(-5## 64%, )#7%3-#8*2, 2' *29#: -;#< 4#64%, )# 8 $8,000.00 6 4 2 $7,000.00 $6,000.00 0 1970 1975 1980 1985 1990 1995 2000 $5,000.00 $4,000.00 Residential Small Business $3,000.00 $7,000.00 $6,000.00 $5,000.00 Annual Savings Before and After Payback Annual Savings Before Payback Annual Savings After Payback Payback Year (Occurs at 5.4 Years) $2,000.00 $1,000.00 $0.00 Years 1 3 5 7 9 11 13 15 17 19 21 23 25 Old Utility Bill w/ 5.0% inflation Solar Cost w/ Financing $4,000.00 $3,000.00 $2,000.00 $1,000.00 $7,000.00 $6,000.00 $5,000.00 Net Annual Savings When Financed $0.00 1 3 5 7 9 11 13 15 17 19 21 23 25 $4,000.00 $3,000.00 $140,000.00 Resale Value Over Time $2,000.00 $120,000.00 $1,000.00 $100,000.00 $80,000.00 $60,000.00 $0.00 Years 1 3 5 7 9 11 13 15 17 19 21 23 25 Net Annual Savings (Old Bill minus Solar with Financing) $40,000.00 $20,000.00 $0.00 Years 1 3 5 7 9 11 13 15 17 19 21 23 25 Effective Resale Value $90,000.00 $80,000.00 $70,000.00 Accumulated Net Savings When Financed 20 times Annual Savings Remaining savings within 25 years Area of Equivalent Number of Trees Planted Relative to a Typical 6000 sqft House Lot (.14 acre) $60,000.00 $50,000.00 $40,000.00 $30,000.00 $20,000.00 $10,000.00 $0.00 Years 1 3 5 7 9 11 13 15 17 19 21 23 25 Accumulated Net Annual Savings (with Financing) Equivalent Area of Trees Planted Typical 6000sqf Residential Lot Area OnGrid Tool v5.11

Cash Flow Example with Solar: Old Bill: $235 / month New Bill: Net Loan Payment: New Total: $ 26 / month $ 52 / month $ 78 / month Positive Cash Flow from day 1: $ 157 / month

Total Net Savings over 25 years: $84,000 Increased home resale value usually exceeds cost & improves marketability per The Appraisal Journal & NREL If paying cash, is comparable to getting 33.2% ROI on a taxed investment like stock Pays for itself in 5 years

Warranties 25 year manufacturer PV performance warranty: PV panels are very robust 10 year manufacturer Inverter warranty, or 25 years with micro-inverters 10 year comprehensive system warranty from SunStar Energy

How do you get started You provide us with your monthly electricity costs & address We can look at your roof on GoogleEarth to size the array We can then email you a proposal & financial analysis Next, meet at your home to look at details, answer questions We handle all the paperwork

Why SunStar Energy Owner is NABCEP certified, a LEED AP, & a member of BBB Owner will be involved with YOUR project Very cost effective, attractive systems Locally owned since 2002 We manage the whole process, from permit through installation to PG&E & CSI rebate

Thanks for your interest in working Thanks for working with SunStar Energy with SunStar Energy Contact us at: Contact us at: info@sunstarenergy.com info@sunstarenergy.com www.sunstarenergy.com 1130 Wilderfield Road Los Los Gatos, Gatos, CA CA 95033 408-838-8400 800-673-1003 408-838-8400