Alternative Energy - Tommy Blas
18
27 th Pacific Islands Environmental Conference 2013
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Business Development Pacific Solar and Photovoaltics
Transcript of Alternative Energy - Tommy Blas
27th Pacific Islands Environmental Conference
2013
Pacific Solar & Photovoltaics
• 1st to do net metering with GPA
• All products used are made in USA
• Designed our own Metgot rails for mounting
• 1st PPA on Guam• Largest privately owned PV
system on Guam
Table of Contents
• What is a grid-tied photovoltaic system?
• What is net metering?• What system size is
needed?• What does a PV system
cost?• How to afford a PV system?• Why make the investment?• Questions?
What is a grid-tied Photovoltaic system?
What is net metering?• Net metering is an
interconnection agreement with the utility to allow grid-tied PV systems to connect into utility's grid and feed power in and only pay for net consumption.
What system size is needed?
• Build a system to offset your usage with your goals in mind
YEAR GPA RATE YEAR GPA RATE
2009 $ 0.2206 2022 $ 0.5308
2010 $ 0.2216 2023 $ 0.5627
2011 $ 0.2507 2024 $ 0.5964
2012 $ 0.2822 2025 $ 0.6322
2013 $ 0.3142 2026 $ 0.6702
2014 $ 0.3331 2027 $ 0.7104
2015 $ 0.3530 2028 $ 0.7530
2016 $ 0.3742 2029 $ 0.7982
2017 $ 0.3967 2030 $ 0.8461
2018 $ 0.4205 2031 $ 0.8968
2019 $ 0.4457 2032 $ 0.9506
2020 $ 0.4724 2033 $ 1.0077
2021 $ 0.5008 2034 $ 1.0681
GPA RATE
$-
$0.2000
$0.4000
$0.6000
$0.8000
$1.0000
$1.2000
2009
2011
2013
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
GPA RATE
GPA per kWh rate has historically gone up 6% per year!
What does a PV system cost?
• 1000kWh per month• Current GPA rate per
kWh is $0.3142• Monthly bill is $314.20
Scenario
$31,000.00
How to afford a PV system?
• $31,000 investment• Savings from power bill
$314.20• Tax credit of $9,300
– IRS Form 5695 Residential Energy Credits
• 69 months to payback $21,700
Scenario 1
How to afford a PV system?
• Finance $31,000 with a bank
• Monthly payments $628.57(8%APR, 5yr term)
• Savings $314.20(power bill) +
$155.00(tax credit) = $469.20
• Monthly investment $159.37
Scenario 2
How to afford a PV system?
• Tax credit– IRS Form 5695 Residential Energy Credits
• Accelerated depreciation of the equipment
• Return in investment in 4 – 5yrs
Scenario – commercial
How to afford a PV system?
$(50,000.00)
$(40,000.00)
$(30,000.00)
$(20,000.00)
$(10,000.00)
$-
$10,000.00
$20,000.00
1 3 5 7 9 11 13 15 17 19 21 23 25 PV CASH
PV FINANCE
PV COMMERCIAL
GPA EXPENSE
Effects on your cash flow
Why make the investment?
• Fix your monthly power bill
• Increase value on your home
• No longer pay anyone for power!
• Be environmental conscious
Why buy a car when you can buy a PV system?!
• Car payments on top of power bill
• Cost you money on the 1st day
• Car will depreciate about 78%* within the 5yr period
*http://www.free-online-calculator-use.com/car-depreciation-calculator.html
• Monthly investment• Saves you money in the
long term• PV system increases in
value by 30% within the 5yr period
Car vs. PV system
Cost of Operation
• Maintenance– Oil change every 3 months at
$25 each• $100 per year
• Fuel– Weekly at $40
• $2,080 per year• Tires, set of 4
– 1.5yrs at $600• Insurance
– $1,300 per year
• Maintenance– Cleaning, voltage check,
etc• $25.83 per month• $310 per year
• Insurance– $38.49 per month– $461.90 per year
Car vs. PV system
Cost of Operation
• Total– $3,780 per year– 5yrs = $18,900
• Total– $771.90 per year– 5yrs = $3,859.50
Car vs. PV system
What’s New
• Industry growth• Industry organization• Policies from senators
• Affordable• Consistent• Safe & reliable• Job growth
QUESTIONS?
Scott [email protected]
Tommy [email protected]
389 Acho Latte St.,Dededo, Guam 96929632-4002
