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Your Rooftop As An Asset: Reducing Costs While Adding Value In the Future

Discover how turning your rooftop into a solar power generator can save costs and add value in the long term. Learn about the future developments in solar energy and how it can benefit you as an investment.

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Your Rooftop As An Asset: Reducing Costs While Adding Value In the Future

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  1. Your Rooftop As An Asset: Reducing Costs While Adding Value In the Future SimCenter Presentation SDRES – May 11, 2016

  2. Introduction • Full service solar C-10 contractor (CL #749095) • Locally-based, owned and operated • Founded 1998 • Better Business Bureau member

  3. Past Performance San Diego Cardiac Center, 58kW

  4. Past Performance Salk Institute, La Jolla, 540kW

  5. Past Performance First Unitarian Universalist Church – 135 kW

  6. Key Solar Questions Q.How does it work? A.Net Metering

  7. “How does it work?”

  8. “How does it work?” • Hooks up to building via circuit breaker box • During day, system usually makes more energy than home can use • Extra energy flows back onto utility grid, runs the electric meter backwards for credit

  9. “How does it work?” • Energy “banked” during day is “withdrawn” at night, after sun goes down • Electric bill only paid annually • As long as you withdraw the same amount as you put in, your energy cost is (almost) ZERO!

  10. Utility Power: Expensive • $200 per month electricity bill • x 12 months = $2,400 per year • x 10 years = $24,000 over next 10 years • Inflation factor (6%), 10-year cost = $31,634 • Cost of “doing nothing” • Return on investment?

  11. Solar Power: Great Investment • 5 kW System - 700 kWh per month = $20,570 • Less 30% Tax Credit ($6,171) • Net cost - $14,399 • About what you’d spend with SDG&E in 5 ½ years

  12. Solar Power: Great Investment • Recoup your investment in 3-5 years! • Add new value to your home (+ $20,000) • No moving parts; tempered glass for durability • 25-year warranty; 30+ year lifetime

  13. Solar Power: Great Investment

  14. Solar Power: Future Value “The earth receives enough solar energy in 1 hour to power the planet for 1 year.”

  15. Solar Power: Future Value Our Solar Supply Exceeds Our Needs By a Factor of 10,000! “The earth receives enough solar energy in 1 hour to power the planet for 1 year.”

  16. Solar Power: Future Developments • The Rise of the Energy “Pro-sumer” • Energy consumer who also produces • Will shop for best energy prices, times • Lowest price when buying; highest price when selling • TOU: Battery Storage

  17. Solar Power: Future Developments • Community Solar Gaining Momentum • Group ownership of solar array • Similar to co-op • 5% ownership provides 5% output of the system • 2016 “Breakout Year”

  18. Solar Power: Future Developments • Community Choice Energy (CCE or CCA)

  19. Solar Power: Future Developments • Peer to Peer Solar Energy Sales • Brooklyn pilot test • Uses “Blockchain” • Microgrid homes • Distance no issue

  20. Solar Power: Future Developments • China Plans Global Energy “Internet” • State Grid Corp. • $15-$50 Trillion • Operational by 2030 • Asian Grid Partners Include S. Korea, Japan and Russia

  21. Solar Power: Future Developments • China Plans Global Energy “Internet” • Jeremy Rifkin, speaking at Google in April 2014 • “Third Industrial Revolution” • “Internet of Things”

  22. Solar Power: Future Developments

  23. Turn Energy Costs Into an Investment! Questions?

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