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SOLAR. SIMPLE. TOGETHER.
About Sunlight Solar Energy
• One of the leading design and installation companies in the
United States
• Founded in 1988 by Paul Israel in Sacramento, California
• One of the original approved contractors through the Clean
Energy Finance and Investment Authority
• Completed over 700 solar installations in Connecticut alone
• Located in New Haven
Solar Market Today
 More solar power capacity added in US in 2013 than
any energy source other than natural gas
Why Solar Growing So Fast
 Pricing has declined
 Module pricing dropped 80% since 2008
 Electric Rates are Expensive
 CL&P just increased generation cost by 21%
 CT one of the most expensive states for electricity
 State and Federal Incentive for Homeowner
 CEFIA rebates cover on average 20-30% of system cost
 Federal Tax Credit 0f 30% of net system cost
Solar in Essex
Why Solar?
• Lower your electric bill and insulate yourself
from CL&P rate increases
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr 11 Yr 12 Yr 13 Yr 14 Yr 15 Yr 16 Yr 17 Yr 18 Yr 19 Yr 20
Current Electric
Trajectory
CT Solar Lease
CT Solar Loan
Assumptions:
7 kW system atTier 5 pricing
First year electric production: 8,400 kWh
CL&P electric rate of $0.16/kWh with estimated 3% annual increase in
utility rates. Individual utility rates will vary.
Why Solar?
• Do good for the environment
Why Solar?
• Increase your home’s resale value
Why Solar?
• Enjoy energy independence
How Solar Works
How Solar Works
 Solar Panels  Inverters
How Solar Works
 Balance of System
 Unirac Racking with Eco Fasten Flashing
 Conduit and wiring to connect panels on
roof to inverter in basement
What Makes a Site Solar-Friendly
 If you have a roof that has…
- Little to no shade throughout the majority of the day
- A southern face (or some degree of southern orientation)
- An eastern or western roof with no shade
- A moderately steep pitch (25 - 45 )
- Few or no obstructions (vents, skylights, opposing roof lines…)
South
Incentives
• Clean Energy Finance & Investment Authority (CEFIA)
Rebate
• $1.25/watt up to 5 kW
• $0.75/watt from 5-10 kW
• Below 87% design factor, de-rated according to site conditions
• FederalTax Credit
• 30% of project costs net of rebate
Solarize Tiered Pricing
Tier 1
1-25 kW (~4 systems)
Tier 2
>25-50 kW (~7
systems)
Tier 3
>50-150 kW (~21
systems)
Tier 4
>150-250 kW (~36
systems)
Tier 5
>250 kW (~37+
systems)
$3.79
per watt
$3.74
per watt
$3.60
per watt
$3.59
per watt
$3.45
per watt
• Approximately 30-40 systems required to reach Tier 5
Purchase Example
Market System Cost: $31,360
Market Net Investment: $16,859
Solarize System Cost: $24,150
CEFIA Rebate: $7,225
Out of Pocket Investment: $16,925
Assumptions:
7 kW system atTier 5 pricing
First year electric production: 8,400 kWh
CL&P electric rate of $0.16/kWh with estimated 3% annual increase in utility
rates. Individual utility rates will vary.
Out of Pocket Investment: $16,925
30% FederalTax Credit: $5,077
Solarize Final Investment: $11,848
Years to Payback: 7-8
CL&P First Year Annual Savings: $1,344
Financing
• CT Solar Lease
• No money down in most cases
• 20-year lease
• Cash flow positive from day one
• CT Solar Loan
• Low money down and low monthly payments
• 15-year term
• Own your system
• Smart-E Loan
• 5, 7, 10, and 12-year terms
• Eligible upgrades include solar, energy efficiency, and other energy-related upgrades
Financing Examples
 CT Solar Loan
 Money Down: $899
 Initial Monthly Payment: $140
 Continuing Monthly Payment: $93
 Smart-E Loan (12 years)
 Money Down: $0
 Monthly Payment: $172
 CT Solar Lease
 Money Down: $0
 FirstYear Monthly Payment (Escalating): $71
 Fixed Monthly Payment (Non-Escalating): $88
Assumptions:
7 kW system at Tier 5 pricing
CT Solar Loan continuing payments assume full ITC used to pay down loan
Smart-E Loan term of 12 years
First year electric production: 8,400 kWh
Solarize Standard Equipment
 Phono Solar Panels  SMA and Power-One
Inverters
Common Solarize Adders
 Ground or pole mounts
 All Black Panels
 Flat roof installation
 Structural reinforcement of roof
 Service upgrade
 Micro-inverters/Power Optimizers
 High efficiency solar panels
Solar Installation Process
 Initial inquiry and assessment via satellite image
 On-site evaluation and proposal
Solar Installation Process
 Contract signed
 Schedule your Energy Audit
 CEFIA rebate application
 CL&P Interconnection Application
 Order Material
 Permit fromTown
Solar Installation Process
 Installation
 Town and utility inspections
Solar Installation Process
 Power your system on!
How to Get Started
 Visit: www.solarizect.com/Essex to learn more about the Solarize
program
 Call Sunlight Solar Energy: (203) 878-9123 or visit our website
www.sunlightsolar.com
 Ask us if your home is a viable candidate for solar
 Schedule a free site evaluation
 Receive your custom proposal
 Start saving money!
DEADLINE: SEPTEMBER 23, 2014

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Learn more about Solarize Essex!

  • 2. About Sunlight Solar Energy • One of the leading design and installation companies in the United States • Founded in 1988 by Paul Israel in Sacramento, California • One of the original approved contractors through the Clean Energy Finance and Investment Authority • Completed over 700 solar installations in Connecticut alone • Located in New Haven
  • 3. Solar Market Today  More solar power capacity added in US in 2013 than any energy source other than natural gas
  • 4. Why Solar Growing So Fast  Pricing has declined  Module pricing dropped 80% since 2008  Electric Rates are Expensive  CL&P just increased generation cost by 21%  CT one of the most expensive states for electricity  State and Federal Incentive for Homeowner  CEFIA rebates cover on average 20-30% of system cost  Federal Tax Credit 0f 30% of net system cost
  • 6. Why Solar? • Lower your electric bill and insulate yourself from CL&P rate increases $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr 11 Yr 12 Yr 13 Yr 14 Yr 15 Yr 16 Yr 17 Yr 18 Yr 19 Yr 20 Current Electric Trajectory CT Solar Lease CT Solar Loan Assumptions: 7 kW system atTier 5 pricing First year electric production: 8,400 kWh CL&P electric rate of $0.16/kWh with estimated 3% annual increase in utility rates. Individual utility rates will vary.
  • 7. Why Solar? • Do good for the environment
  • 8. Why Solar? • Increase your home’s resale value
  • 9. Why Solar? • Enjoy energy independence
  • 11. How Solar Works  Solar Panels  Inverters
  • 12. How Solar Works  Balance of System  Unirac Racking with Eco Fasten Flashing  Conduit and wiring to connect panels on roof to inverter in basement
  • 13. What Makes a Site Solar-Friendly  If you have a roof that has… - Little to no shade throughout the majority of the day - A southern face (or some degree of southern orientation) - An eastern or western roof with no shade - A moderately steep pitch (25 - 45 ) - Few or no obstructions (vents, skylights, opposing roof lines…) South
  • 14. Incentives • Clean Energy Finance & Investment Authority (CEFIA) Rebate • $1.25/watt up to 5 kW • $0.75/watt from 5-10 kW • Below 87% design factor, de-rated according to site conditions • FederalTax Credit • 30% of project costs net of rebate
  • 15. Solarize Tiered Pricing Tier 1 1-25 kW (~4 systems) Tier 2 >25-50 kW (~7 systems) Tier 3 >50-150 kW (~21 systems) Tier 4 >150-250 kW (~36 systems) Tier 5 >250 kW (~37+ systems) $3.79 per watt $3.74 per watt $3.60 per watt $3.59 per watt $3.45 per watt • Approximately 30-40 systems required to reach Tier 5
  • 16. Purchase Example Market System Cost: $31,360 Market Net Investment: $16,859 Solarize System Cost: $24,150 CEFIA Rebate: $7,225 Out of Pocket Investment: $16,925 Assumptions: 7 kW system atTier 5 pricing First year electric production: 8,400 kWh CL&P electric rate of $0.16/kWh with estimated 3% annual increase in utility rates. Individual utility rates will vary. Out of Pocket Investment: $16,925 30% FederalTax Credit: $5,077 Solarize Final Investment: $11,848 Years to Payback: 7-8 CL&P First Year Annual Savings: $1,344
  • 17. Financing • CT Solar Lease • No money down in most cases • 20-year lease • Cash flow positive from day one • CT Solar Loan • Low money down and low monthly payments • 15-year term • Own your system • Smart-E Loan • 5, 7, 10, and 12-year terms • Eligible upgrades include solar, energy efficiency, and other energy-related upgrades
  • 18. Financing Examples  CT Solar Loan  Money Down: $899  Initial Monthly Payment: $140  Continuing Monthly Payment: $93  Smart-E Loan (12 years)  Money Down: $0  Monthly Payment: $172  CT Solar Lease  Money Down: $0  FirstYear Monthly Payment (Escalating): $71  Fixed Monthly Payment (Non-Escalating): $88 Assumptions: 7 kW system at Tier 5 pricing CT Solar Loan continuing payments assume full ITC used to pay down loan Smart-E Loan term of 12 years First year electric production: 8,400 kWh
  • 19. Solarize Standard Equipment  Phono Solar Panels  SMA and Power-One Inverters
  • 20. Common Solarize Adders  Ground or pole mounts  All Black Panels  Flat roof installation  Structural reinforcement of roof  Service upgrade  Micro-inverters/Power Optimizers  High efficiency solar panels
  • 21. Solar Installation Process  Initial inquiry and assessment via satellite image  On-site evaluation and proposal
  • 22. Solar Installation Process  Contract signed  Schedule your Energy Audit  CEFIA rebate application  CL&P Interconnection Application  Order Material  Permit fromTown
  • 23. Solar Installation Process  Installation  Town and utility inspections
  • 24. Solar Installation Process  Power your system on!
  • 25. How to Get Started  Visit: www.solarizect.com/Essex to learn more about the Solarize program  Call Sunlight Solar Energy: (203) 878-9123 or visit our website www.sunlightsolar.com  Ask us if your home is a viable candidate for solar  Schedule a free site evaluation  Receive your custom proposal  Start saving money! DEADLINE: SEPTEMBER 23, 2014