alternative energy solution presentation for the carolina panthers
DESCRIPTION
This presentation is a proposal presentation to show why and how solar power could help Bank of America Stadium reduce their energy bill with solar power.TRANSCRIPT
Presented by: Joey Kalchbrenner Jr.
Steven RichmondNick GallawayFrancis BradyClark Erwin
The Carolina Panthers &
Bank of America Solar Project
Power Source
How Solar Cells Work
Solar Energy Solution ProvidersSolar Electric Supply Inc.:
Solar Electric Supply, Inc. is a leading system integrator & wholesale supplier of grid tie solar systems, residential solar systems, commercial solar systems and industrial off grid solar systems. Volume discount wholesale pricing on pallets and containers.
Solar Energy Solution Providers
NRG Energy Inc:
NRG Energy, Inc. owns and operates power generation facilities.
NRG Energy Inc.is engaged in the ownership, development, construction and operation of power generation facilities
NRG Energy Inc. has also worked with Bank of America on the world’s largest single effort to put solar panels on rooftops. This solar project is around $2.6 billion, according to CNN Money’s Charles Riley.
Visual Examples
Washington D.C.
Washington Redskins
Solar Energy Solution Providers
SolarBlue:
SolarBlue is a developer of renewable energy projects.
SolarBlue was created with the intent of increasing awareness of methods to protect the environment by providing energy conservation and generation solutions.
Solar Blue currently has worked or is currently working on stadiums and arenas for the Philadelphia Eagles, Boston Red Sox and the University of Florida Gators.
Visual Examples
Philadelphia, Pennsylvania
Philadelphia Eagles
Visual Examples
Seattle, Washington
Seattle Seahawks
Kwh Cost Compariso
nPhiladelphia, Pennsylvania pays $0.17
Washington DC pays $0.14
Seattle, Washington pays $0.09
Charlotte, North Carolina pay $0.08
New York, New York pay $0.16
United Kingdom pay $0.18
Germany pay $0.30
Kwh Cost Compariso
n
Proposed Designs
Carolina Panthers Current Energy Cost
Currently uses: 13,350,000 (kwh/yr)
x $0.08 Commerical Average Per Kwh
$1,068,000.00 Yearly Cost
Carolina Panthers Proposed Solar System ROI
$7,772,000.00 System Cost + Installation (Pre Tax Incentives)
– $2,331,600.00 State Tax Incentive (35%)
– $1,904,140.00 Federal Tax Incentive (30%)
$3,536,260.00 System Cost (Post Tax Incentives)
÷ 20 Est. Life Expectancy (Years)
$176,813.00 Yearly Cost
Carolina Panthers Proposed Solar System ROI
3650 Hours Per Year (365 Days/Year x 10 Hours/Day)
x $80.00 Kwh Per Day
$292,000.00 Total Cost If Purchased From Duke
Carolina Panthers Proposed Solar System ROI
$3,536,260.00 System Cost (Post Tax Incentives)
÷ $292,000.00 Total Savings Per Year
12.11 Breakeven In Years
Overall Savings
$292,000.00 Total Savings Per Year
x 7.89 Remaining After Breakeven
$2,303,880.00 Overall Energy Savings
Overall Savings
For an initial investment of $3.5 million, a 20 year solar system will save the Carolina Panthers $2.3 million. Netting a 65% return!!!!!
Final Word