Residential Solar Presentation
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“Smart Solutions For A Green Tomorrow” Residential Solar
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Transcript of Residential Solar Presentation
“Smart Solutions For A Green Tomorrow”
Residential Solar
FOCUS:
“To reduce the world’s dependence on fossil fuels by
distributing solar technologies.”
Project References:
NASA- 36 KW photovoltaic
Fakhoury- 25 KW photovoltaic
U.S. Coast Guard- Solar Thermal
Kenyon- 26 KW photovoltaic
Authorized Dealer
Middle Tennessee’s Only
Also featuring:
When sunlight is absorbed by these
semiconducting materials, the solar
energy knocks electrons loose from their atoms, allowing the electrons to flow through the material to produce electricity.
Solar cells are made of silicon, the second most common element, exceeded only by
oxygen.
This process of converting light (photons) to electricity (voltage) is called the photovoltaic
(PV) effect.
Where is the sun?
Map courtesy of National Renewable Energy Laboratory, U.S. Department of Energy
The vast majority of households in the U.S. receive 100% of their energy from the grid. Over 70% of all electricity in the grid is supplied from power plants burning fossil fuels like
coal, gas, and oil.
The U.S. currently ranks 2nd in coal consumption at over 500 million tons a year.
41%
6%20%
15%
16%
CoalOilGasNuclearHydroOther
Every time you switch on your computer, washing machine, TV, or toaster, pollution is being created
somewhere at the other end of the wire. This pollution has far-ranging consequences and contributes to poor air
quality and climate change.
Energy Information Administration2009 International Energy Outlook
•With solar, there's no fuel to mine. •No mechanics, noise or moving parts. •No power stations and long-distance transmission. Solar energy is local, clean, and efficient.
The Future of Electricity Production….
What does it cost?
System Size
2,500 Watts
5,000 Watts
7,500 Watts
10,000 Watts
12,500 Watts
Cost $20,000 $40,000 $60,000 $80,000 $100,000
30% Tax Credit
-6,000 -12,000 -18,000 -24,000 -30,000
TVA GPS -1,000 -1,000 -1,000 -1,000 -1,000
Total $13,000 $27,000 $41,000 $55,000 $69,000
Incentives!
30% Federal Tax Credit TVA Green Power Switch
Before 2009, the tax credit for installing a qualified solar system was limited to $2000. But now there is no limit. The credit is good for 30% of the system cost, after rebates. This tax credit is more powerful than a tax deduction. A deduction simply reduces your taxable income, while the credit reduces your tax bill directly. In plain English, a $10,000 tax credit reduces your taxes by $10,000. A tax deduction reduces it by only $1500 to $3500, depending on which tax bracket you're in.
30% Federal Tax Credit
How the program works:
Tennessee Valley Authority
“Green Power Switch”How the program works:
A solar system is installed by a residential customer served by the TVA. TVA will purchase all of the green energy produced at 12 cents per kilowatt-hour above the retail rate AND any fuel cost adjustments. All new Generation Partners participants will receive a $1,000 incentive to help offset start-up costs. The customer is guaranteed payments for 10 years from the start of the agreement.
More Incentives
For You• Lower utility bills• Stable energy costs• Increased property value• Smaller carbon footprint• Setting a “green” example• Tax Shelter
For Environment• Pollution free power• No greenhouse gases• No noise pollution• No mining or drilling• Less reliance on fossil/foreign
fuels
Why AlterEco Systems?
•Price – competitive pricing through mass purchasing power.
•Service – we’re not satisfied until you’re satisfied.
•Quality – we treat your home as if it were our own.
“Never doubt that a small group of
thoughtful, committed citizens can change the world; indeed, it’s the only thing that ever
has.”
-Margaret Mead
