Solar 101 - Solar Energy for Homeowners

12
Ross Williams

Transcript of Solar 101 - Solar Energy for Homeowners

Page 1: Solar 101 - Solar Energy for Homeowners

Ross Williams

Page 2: Solar 101 - Solar Energy for Homeowners

AT THIS POINT THE SOLAR INDUSTRY IS A $16 BILLION PER YEAR BUSINESS

Residential – 30% Commercial – 40%

Utility Scale – 50% Est.

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RESIDENTIAL PHOTOVOLTAICS (PV)

420,000 homes have solar electric power in California

This constitutes 50% of PV installed in America 72,000 Homes and Businesses in San Diego

County have PV, about 5% The great majority of homeowners are grid

connected

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SOLAR BENEFITS FOR YOUR HOME Increases home value

by 3-4%, without increasing property taxes

New buyers seek out homes with solar

Ability to live without high electricity bills from SDG&E

Environmental benefits

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ENVIRONMENTAL BENEFITS Reduces carbon

emissions Panels offset their

production and disposal in as little as 1.6 years, yet are generally usable for over 25 years

Reduce the need for fossil fuels, non-renewable resources

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ECONOMICS OF SOLAR HAVE NEVER BEEN BETTER, THANKS TO:

1. Increased affordability of solar systems2. Continued high utility prices3. 30% Federal ITC tax credit4. Most homeowners enjoy a 5-6 year return

on solar system investment

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NET METERING Allows interconnection of solar system to utility

grid Excess energy produced by the solar system is

sent to the grid Utility pays for excess energy produced by solar

system at full retail rate minus non-bypassable charges (NBC’s)

Instead of a monthly bill, utility company charges annually on your true-up date, the day you started using your solar system

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FINANCING OPTIONS Home Equity line of credit HERO Program Point Loma Credit Union Solar Lease Cash works, too!!

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WHAT IS A KWH AND WHY IS IT IMPORTANT?

kWh is a measurement of energy over time The utility bills you on the amount of kWhs

consumed Solar produces energy in kWhs Analogy: Miles per hour and Miles traveled Average San Diego homeowner pays $.25 per kWh The idea is that the solar system is designed to

produce the same amount of kWhs the home consumes on an annual basis

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WHAT TO LOOK FOR IN A SOLAR COMPANY

How long has the company been in business Quality of products used Quality of craftsmanship Are aesthetics important and discussed Turn-key service In house sales, design, installation, and service teams (no

subcontractors) Attractiveness of employees

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Founded in 2001, over 15 years of service One of the oldest PV companies in San Diego Installed over 750 residential systems Installed over 25 commercial systems Installed over 5 Megawatts of PV panels Fully licensed, bonded and insured

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THANK YOU FOR YOUR TIME

Please feel free to ask any questions and

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