Post on 01-Apr-2015
Solarize Great Barrington/Egremont
Making Solar Affordable Through Program
Agenda2
☀ About RGS Energy
☀ About solar energy
☀ Incentive tiers
☀ Solarize Great Barrington/Egremont solar options
☀ How to Get Started
☀ Questions & Answers
About RGS Energy3
• Decades of Experience
• More than 35 years and over 14,500 systems installed across the country.
• Locally since 1981 (formerly SolarWorks/Alteris Renewables/Real Goods Solar)
• Premier Customer Base
• Our happy customers include homeowners and leading corporations, utilities, and educational institutions
• Deep Engineering Skills
• Award-winning technical team for residential, commercial, and utility-scale projects
• Peace of Mind
• As a publicly-traded company with a history longer than most PV manufacturer warranties, you have the added security that we will be here long-term
Experience. Expertise. Results4
Serving homes, businesses and schools in MA
Full-service
- Sales-Administration-Design-Procurement-Installation-Financing-Monitoring
Key Solar Benefits5
Electricity rates – SOARING Energy independence Environmental benefits $0 down options provide instant savings Federal and State Incentives Solarize Great Barrington/Egremont special pricing
Solar Radiation6
Is Solar right for your home ?7
An ideal solar customer has…. $50+ monthly electric bills 300+ square feet of
roof or ground space
A southerly exposure
4-6 hours of un-shaded daily sunlight
Solar System Components8
1. Solar panels2. Inverter3. Monitoring system
4. Utility meter & panel5. Your current utility
serves as backup6. You own and control
your electricity
Installed by an experiencedRGS Energy
team
Equipment9
The solar modules we use come from top manufacturers and have 25-year warranties.
Our inverters carry 10-year mfg. warranties (25 years for Enphase).
Tiered Reward Incentive10
Tiers 1 kW - 25kW
25 kW- 50kW
50 kW - 100 kW
100 kW - 200 kW
Over 200 kW
Cost per Watt
$3.69 $3.64 $3.59 $3.54 $3.44
Incentive/ Watt
N/A $0.05 $0.10 $0.15 $0.25
Example 5.0kW (5000
watts)N/A $250 $500 $750 $1250
Lease/PPA Tiered Incentive11
Tiers 1 kW - 25kW
25 kW- 50kW
50 kW - 100 kW
100 kW - 200 kW
Over 200 kW
Lease/PPA Incentive N/A $100 $150 $250 $250
Solarize Great Barrington/Egremont Options12
Power Purchase Agreement(PPA)
vs.
Purchase
SOLARIZE GREAT BARRINGTON/EGREMONT OPTIONS
13
PurchaseFinancing available
SREC ownership
Rebates and incentives
You own the system
Typically a better long-term ROI
SOLARIZE GREAT BARRINGTON/EGREMONT OPTIONS
14
PPA (Power Purchase Agreement)
Little or no $ down
Fixed electricity rate for 20 years(less than your current utility rate)
Full system maintenance
Insured
Instant or short payback time
INCENTIVES15
Base Rebate: $0.40 per watt (DC) for up to a 5 kW system Moderate Home or Income Adder Rebate (less than $300K home value,
less than 120% of median income: individual or family): Additional .40/watt
Maximum $4,000 15% State Tax Credit (up to $1000) 30% Federal Tax Credit SREC’s (Solar Renewable Energy Certificates)
SRECS16
What is an SREC? SREC stands for Solar Renewable Energy Certificate. 1,000 kWh = 1 SREC SRECs behave like stock certificates and are traded on a market administered
by the Massachusetts Department of Energy Resources (DOER).
Who buys them? In MA, electric utilities need SRECs to meet solar production mandates
placed upon them through the state’s Renewable Portfolio Standard.
What is an SREC worth?
THE COST OF A SOLAR SYSTEM17
System cost $18,450
Estimated rebate ($0.40/watt) -$2,000
Final system cost $16,450
Federal tax credits (30%) - $4,935
MA tax credit (15% up to $1,000) -$1,000
Net cost $10,515Example based on a 5.0 kW (5,000 Watt DC) system at $3.69/Watt
AN INVESTMENT THAT PAYS DIVIDENDS18
Electricity savings(6,000 kWh * $0.17 / kWh)
$1020
Income from SRECs(6 SRECs * $200 / SREC)
$1200
Total annual savings(electricity savings + SREC income) $2,220
*Example based on average annual production of 6,000 kWh
Payback 5 years
Total net 10-year return(assumes 10 years of SRECs at an avg. of $200 / SREC)
$10,500
PPA EXAMPLE19
Down payment kWh rate Escalator
$0 down 11-15 ₵ 0%
$3,000 down 5-8 ₵ 0%
Prepaid Total kWh produced over 20 years at a reduced rate
N/A
WE MANAGE THE PAPERWORK, YOU GET THE BENEFITS
20
Township permits – zoning & electrical Utility interconnection – meter swap State inspection MA rebates SREC registration Shading analysis
OUR CUSTOMERS SAY IT BEST21
“Excellent service, knowledgeable, friendly and courteous staff. Hard to find this level of service these days!”
-Julie from Lexington, MA
“I’m really thrilled to see how much electricity my panels generate and to know that I’m doing my bit to contribute to the health of the planet.”
-Lee from Amherst, MA
“5 years and 25,000 kWh later, our system is working as well today as it was when it was installed. We couldn’t be more happy with our decision to go solar.”
-Bob from Bolton, MA
Surveyed customers who secured multiple competitive proposals cited
four reasons for selecting RGS Energy:
Most responsive company
Employee expertise
Most experienced company
Best PV product offering
Give the Gift of Solar22
Even if your home isn’t a fit for solar, you can: Earn $500 or more Lower the cost of solar for others Help spread clean energy in Great Barrington/Egremont
Refer friends, family, or neighbors. When someonegoes solar with us, we’ll payyou $500! There’s no limit to the amount of referral money you can make.
Go to http://rgsenergy.com/friends-of-solar/ to get started!
Get Started 23
Call 888.56.SOLAR (76527) Be sure to mention Solarize Mass when you
call to get special pricing Or visit:
www.rgsenergy.com/solarizegreatbarrington or
www.rgsenergy.com/solarizeegremont
To learn more about the program, visit: www.SolarizeMass.com
WHAT’S NEXT?24
Contact •Visit www.rgsenergy.com/solarizegreatbarrington or /egremont or call 888.56.SOLAR (76527)
Consult •Phone evaluation
Site Visit •Local solar energy specialist
Proposal •Choose the Solarize Great Barrington/Egremont option that’s right for you
Go Solar! •Start living green and saving!