Draft 1: Artisan Renewables Free 20 Minute Workshop for Homeowners
1. Utilizing Government Grants to
Make Your Home More
Comfortable and Profitable
Chris Williams - Artisan Renewables
cwilliams@artisanreneables.com
617 702 2676
2. What you (the homeowner) will
takeaway from this workshop
✤ Where you can invest in your home and how it can improve comfort,
durability, and your financial condition
✤ How each renewable energy technology works, and how we integrate
into your home
✤ Which houses, and property owners are best suited.
✤ The positives and negative of investing in each technology
✤ How to take advantage of government incentives.
✤ What you can do next if you’re interested in investing in renewables
3. Outline of time
✤ My Story - 4 minutes
✤ Problems and Opportunities - 7.63 minutes
✤ Solutions and Technologies - 11.50 minutes
✤ Benefits and Downsides to you - 3.78 minutes
✤ Government Incentives - 4.14 minutes
✤ Next Steps - 1.99 minutes
✤ Q+A - How many questions do you have?
4. My Story
✤ IGSHPA Certified Geothermal Installer
✤ NABCEP Solar PV Installer
✤ Installed over 300kW of solar pv [ picture]
✤ Installed tens of residential geothermal systems
✤ Over 20 residential and commercial solar thermal
✤ Babson College Graduate
✤ HeatSpring Learning Institute CMO
✤ Write articles for Renewable Energy World,
Alternative Energy Stocks, Cleantechies
5. Artisan Builders --> Renewables
✤ Started by 3 guys 30 years ago
✤ Specialize in renovation and creating super-efficient shells
✤ KNOW Maine buildings and how to integrate new systems
✤ Expanding into renewables
6. 1. Problems and Opportunities
✤ Belfast Establish in 1853
✤ Built in Back in Brick
✤ Small Community but OLD HOMES + Oil Heat
✤ Ballon Framing. Single Pane Windows. Poor insulation's and air
sealing
✤ Maine’s primarily driven by oil heat due to our location and
density
✤ OLD Homes and OIL Heat = Bad combo :(
✤
10. 2. Solutions and Technology
✤ Cost
✤ Geothermal, Solar PV, Solar Thermal
✤ Comfort
✤ Geothermal, Energy Audit - Addresses air leaks
✤ Durability
✤ Energy Audit - Address mold, structural, and insulation issues
✤ What you can easily do yourself to save money and increase comfort
20. What you can do yourself?
✤ Power strips
✤ Kill a watt
✤ The Energy Detective
✤ Programmable Thermostate
✤ Lighting Changes
✤ Showerheards
21. 3. Benefits and Downsides
✤ Benefits ✤ Downsides
✤ Great Financial Returns (SEE ✤ Cash Investment - Do you have
Next Slide) the cash?
✤ Increase in Property Value ✤ Can you take advantage of
gov’t grants?
✤ Comfort - HUGE difference,
especially in old houses ✤ Are you staying in your home
for a while? Do you own your
✤ Increasing durability home?
✤ Contractors in your home.
23. Oil at $ 3.50 gallon....
✤ IRR around 18% pre-tax.
✤ 1 dollar invested yield .18
return for the next 30 years
24. 3. Financial Benefits - Solar PV
Your Electric Utility Costs
40,000
✤ Over the next 20 years
electricity from your
30,000
utility will cost you
$32,567
20,000
✤ Cash Purchase Returns
Minimum IRR of 7%
10,000
✤ Government Financing at
5% 0
0 20
25. 3. Financial - Solar Thermal
✤ Average home solar thermal saves 300 - 350 gallons per year.
✤ @ $3.50 per gallon that is...at least $1050 per year.
✤ Cash Returns are high $10k invested yields around $1050 savings
every year for the next 30 years.
✤ VERY Little Risk - You use hot water during recessions!
✤ Financed with a PACE loan (SEE Next Slide). More profitable from
day 1 --> Savings from oil = $107, additional loan $74, $29 dollar
savings from day 1. After 10 year, you’ll save whole amount
26. 3. Financial - Energy Audits
✤ Takes the most work - but cream of the crop. Increase comfort and cash!
✤ Can range from 2k to 20k just for the project. Varies widely.
✤ Energy savings between 10% and 50% depending on the state of your
home.
✤ 1st Phase: Weather stripping doors and windows, air sealing
basement, living, chimney, etc. Smart strips, switching appliances
✤ 2nd Phase: Whole house insulation, New windows/doors, adding
storm windows, HVAC upgrades
✤ 3rd Stage (or 1st if needed) Removing and replacing rotten cills,
porches, new roofs etc
27. 4. Government Incentives
(Federal)
✤ 30 % Federal Government Investment Tax Credit
✤ Until 2012 Can Apply as 1603 Grant in Lieu of Tax Credit
✤ MACRS - Modified Accelerated Costs Recovery Systems.
✤ Only Allowed for Commercial Properties
✤ 100% Bonus Depreciation until 2012 on Year 1
✤ 2012 50% on Year 1, then the rest over 5 years
28. 4. Maine State Incentives
Financing
✤ Rebates
✤ PACE - Up to $15k at 4.99%, 15
✤ Solar Rebates: year fixed interest rate.
Available in Belfast.
✤ Solar PV up to $2k
✤ New Generation Energy
✤ Solar Thermal up to $1k Commercial Solar Lending - Up
to $100k at 0 to 5% interest
✤ Home Energy Savings Plan.
30% project costs, up to $1.5k ✤ Small Business Loan Program -
For efficiency + solar thermal 90% of cost up to $35,000. 1%
interest
29. 5. Next Steps
✤ Best Candidates for Investing in
Their Homes
✤ How to Spot a Good Contractor
✤ Specific Process for Getting Work
Done
30. Best Candidates for Investing
✤ Own their home, planning on staying for 20 years
✤ Have tax appetite - Government based on tax credits
✤ Have cash and are looking for solid investment with little
risk
✤ Old house that is uncomfortable and inefficient
✤ Going to be replacing equipment soon anyway
31. How to Spot a good Contractor
✤ IGSHPA - Geothermal Installer
✤ NABCEP Certified for Solar
✤ Years of Building Experience - at least 10 years focused on energy efficiency
working on Maine Buildings
✤ Huge difference between knowing how to build a home and making it
energy efficient
✤ References - Always ask for references
✤ Do they know financing or are they just builders?
✤ All in one shop?
32. Process for Investing
✤ Find a good contractor (SEE last slide)
✤ Discuss your interests with them, get feedback
✤ Schedule a site visit
✤ Analyze Recommendations Made on Site Visit
✤ Make a yes/no decision
maine spends more on heating then others. old homes + oil\n80% heating by oil, 800-900 gallons per year. all leaves the state, $2 gallon is....this will continue to change\na few things to remember. \n--space heating number one single thing - audits and geo\n--electricity is the rest 50%\n--how water is electric, or oil at 12%. \n
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http://www.mosbybuildingarts.com/blog/2009/10/23/is-your-home-an-air-leak/\nhttp://www.energysavers.gov/pdfs/energy_savers.pdf\n\naddresses heating/cooling costs, comfort, durability. most evasive process but also has the largest bank for the buck. how does an audit work?\n
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same as refrigerator\nwhy is it so efficient?\n
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Geothermal. 50 - 80% more efficient then traditional fuel heating. vs heating oil close to 80%. heating bill from 2 to 4 k to 500 or less....which is STABLE!\n oil at $2.50\n assuming on AC\n
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100% may through september, then supplements existing system\n\n