Solarize Great Barrington/Egremont Making Solar Affordable Through Program.

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Solarize Great Barrington/Egremont Making Solar Affordable Through Program

Transcript of Solarize Great Barrington/Egremont Making Solar Affordable Through Program.

Page 1: Solarize Great Barrington/Egremont Making Solar Affordable Through Program.

Solarize Great Barrington/Egremont

Making Solar Affordable Through Program

Page 2: 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

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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

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Experience. Expertise. Results4

Serving homes, businesses and schools in MA

Full-service

- Sales-Administration-Design-Procurement-Installation-Financing-Monitoring

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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

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Solar Radiation6

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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

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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

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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).

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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

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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

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Solarize Great Barrington/Egremont Options12

Power Purchase Agreement(PPA)

vs.

Purchase

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SOLARIZE GREAT BARRINGTON/EGREMONT OPTIONS

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PurchaseFinancing available

SREC ownership

Rebates and incentives

You own the system

Typically a better long-term ROI

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SOLARIZE GREAT BARRINGTON/EGREMONT OPTIONS

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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

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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)

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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?

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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

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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

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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

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WE MANAGE THE PAPERWORK, YOU GET THE BENEFITS

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Township permits – zoning & electrical Utility interconnection – meter swap State inspection MA rebates SREC registration Shading analysis

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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

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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!

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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

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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!