Agenda 2 ☀  About RGS Energy ☀  About solar energy ☀  Incen6ve 6ers ☀  Solarize North Smithﬁeld solar op6ons ☀  How to Get Started ☀  Ques6ons & Answers Providence, RI Westerly, RI About RGS Energy 4 Decades of Experience •  •  More than 35 years and over 22,000 systems installed across the country. •  Locally since 1981 (formerly Solar Works, Solar Wrights and Alteris Renewables) 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 Experience. Exper6se. Results 5 Serving homes, businesses and schools in Rhode Island Full-‐service Sales Administra6on Design Procurement Installa6on Financing Monitoring 11 kW PV System Westerly, RI Key Solar Beneﬁts 7 ¨  Electricity rates – SOARING ñ ¨  Energy independence ¨  Environmental beneﬁts ¨  $0 down op6ons may provide instant savings ¨  Federal and State Incen6ves ¨  Solarize North Smithﬁeld special pricing Is Solar right for your home ? 8 An ideal solar customer has…. ¨  ¨  ¨  ¨  $75+ monthly electric bills 300+ square feet of roof or ground space A southerly exposure 6+ hours of un-‐shaded daily sunlight Solar Radia6on 9 Solar System Components 10 1.  2.  3.  Solar panels Inverter Monitoring system 4. U9lity meter & panel 5. Your current u9lity serves as backup 6. You own and control your electricity Installed by an experienced RGS Energy team Equipment 11 The solar modules we use come from top manufacturers and have 25-‐year warran6es. Our inverters carry 10-‐year mfg. warran6es (25 years for Enphase). Audubon Society of RI Headquarters RHODE ISLAND INCENTIVES 13 ¨  Renewable Energy Fund (REF) Solar Rebate ¨  Base Rebate: $1.15 per wab (PTC) (assuming 80% or beber eﬃciency) ¨  Maximum $10,000 ¨  30% Federal Tax Credit Tiered Reward Incen6ve 14 Tiers Cost per Wab 1 kW -‐ 50kW 51 kW-‐ 150kW 151 kW + $3.70 $3.60 $3.45 Incen6ve/ Wab N/A $0.10 $0.25 Example 7.0kW (7000 wabs) N/A $700 $1750 Shading Requirements ¨  ¨  ¨  RGS Energy will determine site feasibility During site visits RGS will perform Shading Analysis Projects should meet the 80% of op6mal requirement for grant. Save the Bay Providence, RI Roger Williams Park Zoo Providence, RI Assump6ons: Simple Solar Ownership Model 5.5 kW system Tier 1 Tier 2 Tier 3 Dollar Per Wab Cost 3.70 3.60 3.45 Total Installa6on Cost $20,350 $19,800 $18,975 REF grant ($1.15wab) -‐$6,325 -‐$6,325 -‐$6,325 Total upfront cost $14,025 $13,475 $12,650 ITC (30% of cost) -‐$4,207 -‐$4,042 -‐3,795 Total aNer tax credits $9,818 $9,433 $8,855 Disclaimer and Considera6ons: No price adders were considered in this breakdown. This ﬁnancial analysis is only an es6mate. Actual installed costs, savings, and revenues are subject to change. Es6mate, costs, and savings will be speciﬁc to individual projects. AN INVESTMENT THAT PAYS DIVIDENDS 18 5.5 kW system Tier 1 Tier 2 Tier 3 Dollar Per Wab Cost 3.70 3.60 3.45 Total aNer tax credits $9,818 $9,433 $8,855 Electricity oﬀset Es6mated 6500kWh $1,040 annually Es6mated 6500kWh $1,040 annually Es6mated 6500kWh $1,040 annually 25 year electricity savings $35,410 $35,410 $35,410 Payback Approximately 8.5 years Approximately 8 years Approximately 7.5 years Disclaimer and Considera6ons: No price adders were considered in this breakdown. This ﬁnancial analysis is only an es6mate. Actual installed costs, savings, and revenues are subject to change. Es6mate, costs, and savings will be speciﬁc to individual projects. 3% annual electric bill escala6on. WE MANAGE THE PAPERWORK, YOU GET THE BENEFITS 19 Town permits – building & electrical ¨  U6lity interconnec6on – meter swap ¨  State inspec6on ¨  REF rebates ¨  Shading analysis ¨  Online Monitoring ¨  20 year property tax exemp6on ! ¨  Ground Mount PV Array Scituate, RI What if you have a non-‐feasible site? ¨  Energy Eﬃciency! ¤  Complete an energy audit through RISE/Na6onal Grid ¨  Other renewables technologies ¤  Solar Hot Water ¤  Geothermal ¤  Wind ¨  Help spread the word about Solarize Rhode Island! Thermostat App App Store: hbps://itunes.apple.com/us/app/home-‐by-‐building-‐36/id668025697?mt=8 Android: hbps://play.google.com/store/apps/details?id=com.alarm.alarmmobile.android.building36&hl=en 24 Get Started 25 Call 888.56.SOLAR (76527) Be sure to menZon Solarize North Smithﬁeld when you call to get special pricing Or visit: h`p://rgsenergy.com/solarize To learn more about the program, visit: h`p://www.solarizeri.com/ WHAT’S NEXT? 26 •  Visit h`p://rgsenergy.com Contact •  call 888.56.SOLAR (76527) Consult Site Visit Proposa l Go Solar! •  Phone evalua6on •  Local solar energy specialist •  Choose the Solarize North Smithﬁeld op6on that’s right for you •  Start living green and saving! Middletown, RI Barrington, RI Ques6ons? 28 Get Started 29 Call 888.56.SOLAR (76527) Be sure to menZon Solarize North Smithﬁeld when you call to get special pricing Or visit: h`p://rgsenergy.com/solarize To learn more about the program, visit: h`p://www.solarizeri.com/