“The professionalism of the team at Entropy Solar is off the charts. From the sales process to implementation to installation, the entire process was seamless.” – Stacy Lunsford HR/Operations Manager System at a Glance ▪ 251 kilowatts ▪ 836 panels ▪ 42,000 square foot roof ▪ Non-penetrating roof mount system ▪ Over 310,000 kilowatt hours of annual electricity production ▪ System designed and installed in 60 days ▪ System life is 25+ years Case Study: JR Motorsports Featuring: Dale Earnhardt, Jr., NASCAR Champion Location: Mooresville, North Carolina JR Motorsports, the racing operations of NASCAR champion Dale Earnhardt, Jr. wanted to diversify their energy sources as part of their sustainability initiatives for the race team. The company, led by Dale Earnhardt, Jr. is very progressive and invests in new technology that helps make their team and company more competitive. After talking with several solar energy companies, they engaged Entropy Solar Integrators, which recently installed a solar energy system on another NASCAR team’s facility. After evaluating their property, Entropy Solar recommended a rooftop mount installation on the 42,000 square foot race shop. In alignment with the team’s interest in educating its fans about new technology and sustainability, the company also installed a monitor in the JR Nation Retail Store that shows real time data about energy production and usage. Case Study: JR Motorsports In addition to the environmental and technological aspect of installing a solar energy system, this investment made business sense for JR Motorsports. As a net metering project, the company will save 44% on their energy bills by using solar energy as a supplement to energy provided by the local utility company. State and federal tax incentives total 65% in North Carolina, creating a payback period of less than six years and a system life of over 25 years. Additionally, the company can take advantage of equipment accelerated depreciation and bonus depreciation to offset their capital expenditures. In addition to adding clean, renewable energy to their facility, JR Motorsports has been working to reduce its impact over the years. Their program includes comingled recycling, sheet metal recycling, an oil recycle and reuse program, lighting upgrades, motion sensor lighting, and more. Financial Returns ▪ Net metering project: Energy will be used on-site ▪ Expected reduction in electricity consumption by 44% annually ▪ State and federal tax incentives totaling 65% of the cost of the installation ▪ Equipment accelerated depreciation and bonus depreciation to offset capital expenditures ▪ Return on Investment: less than six years ▪ System designed and installed in 60 days ▪ System life is 25+ years “These solar panels will be a great addition to helping us meet part of our energy demand.” - Dale Earnhardt, Jr. Environmental Details ▪ Offset 236 tons of CO2 or 472,000 lbs of CO2 per year ▪ Power the equivalent of 25 homes per year Charlotte Office 704.583.0016 Maryland Office 919.795.5611 Chapel Hill Office 919.795.5611 New York Office 914.469.8676 Contact us by email: [email protected] Entropy Solar Integrators, LLC was formerly known as Argand Energy Solutions, LLC. – Dale Earnhardt, Jr.
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