Rob Pinder Executive Director, NextClimate

WHY GO SOLAR?

Price of solar has dropped

Fossil Fuels

Solar

Bernstein Research. Data: EIA, CIA, World Bank, Bernstein analysis

SOLARIZEMAKES ITSIMPLE

What we did

Sent out a request for proposals

Required two elements:

(1)Turn-key solution

(2)Tiered pricing

Extensive vetting

Solarize Research Triangle Installation Team

What you get

Free solar assessment

Access to group discounts

Help the community reach larger price

reductions

A portion of proceeds support

community solar initiatives

Two ways to participate

1. Solar for your business

2. Employee discount program

ENROLL

SITE REVIEW

ASSESSMENT

PROPOSAL

CONTRACT

Complete form on website by June 30:

www.solarizeNC.org

NextClimate will assign you to one of our vetted

installer partners. Using aerial imagery, installer will

examine solar potential.

Installer will contact you by phone to review your site

and your solar interests.

Installer creates proposal.

If you accept the proposal and sign the contract by

July 31, then your site counts towards to group

discounts.

Marc Pons Chapel Hill Tire

Why did Chapel Hill Tire decide to switch to

solar?

How has solar impacted Chapel Hill Tire’s

business?

Kathy MillerCEO, Yes! Solar Solutions

Stew MillerPresident, Yes! Solar Solutions

Solar is Good BusinessAnd Good For Business

Why Go Solar?

Energy Savings

Cost Savings

Supply Chain

LEED/ SBA

Moral Imperative

Public Image/

Marketing

Green Plus

Tax Credits

Your choice is to give the

government your money…

OR…

Invest in an asset that adds value to your

building and earns a good return on

investment!

Interconnection Options: Net Meter or Sell All

Roof Mounting Options: Ballasted, Penetration, Seam Clamp, Ground Mount

Investment Incentives

Federal Renewable Energy Tax Credit 30%

North Carolina Renewable Energy 35%

MACRS Depreciation Basis 85% (6 year schedule)

Reduced Electricity Costs 25-30 years

Or Create Income Stream 15+ Power Purchase Agreement

Investment Payback 5-8 years

Financing Options

Smaller Systems: Banks & Credit Unions

Larger Systems: Third Party Lenders

Balboa Capital Solar Equipment Financing

Providence Capital Funding Solar Equipment Financing

5-10 year products, step down financing options (tax credits), easier application processes

Case Study

20kW Solar System $ 68,068

30% Federal tax credit -$20,42035% State tax credit -$24,500

Net Investment Cost before Deprec. $ 23,148

MACRS Depreciation - $ 57,858Est. 25 Year Electricity Cost Savings $ 82,318

25 Year Annual Simple IRR 7.29%

Annual Solar Production

Statement of Sustainability

Questions …