Bay Area SunShares

Bay Area SunShares

Discounted Solar & Zero Emissions Vehicles

Palo Alto September 17th, 2016

• We have the technology we need to create a world powered by 100% clean energy. • To beat climate change we have to deploy that technology must faster.

Why SunShares?

Barriers to Faster Clean Energy Uptake

• High upfront costs • Public perceptions of

economics • Information overload

and customer confusion

• …All adds up to higher costs for companies and customers

Benefits of SunShares SunShares makes it simple and affordable to go solar or get a zero emissions vehicle by: • Using the power of group buying to provide great discounts • Pre-vetting solar and zero emissions vehicle contractors • Providing third party technical assistance to simplify buying

decisions

How SunShares Works Step 1: Cities and major employers aggregate demand by agreeing to conduct outreach about the program. Step 2: Solar developers and vehicle manufacturers respond to a competitive RFP calling for limited time discounts in exchange for help reaching and educating customers. Step 3: A community review committee vets proposals and selects contractors. Step 4: Any Bay Area resident can sign up for discounts or attend workshops to learn more!

Based in Fremont, PetersenDean has provided top-quality roofing and solar power systems to homes for over 30 years and is known for its commitment to American-made products.

Serving the Bay Area since 2008, Skytech Solar has completed more solar installations in the City of San Francisco in recent years than any other solar company, local or national.

Founded in 2007 by Stanford grads and headquartered in San Francisco, Sunrun employs 500 residents of the greater Bay Area and is one of the largest integrated solar companies in the U.S.

2016 Bay Area SunShares Solar Providers

How Solar Works The Grid Tied Solar Electric System

Solar Panels Sunlight creates DC Electricity

Inverter Changes DC Power to AC (AC Power used in Home)

Net Metering Excess (Unused) power turns your meter backward and travels back into the grid. Utility is sues credits for power produced.

12 PM 12 AM 6 AM 6 PM

Usa

ge

Customer Load Solar Production Net Load

How NEM works Meter moves

forward Meter moves

backward Meter moves

forward

7.7MW

0

2

4

6

8

10

12

Capa

city

(MW

-CEC

-AC)

Palo Alto PV Installations 7.7 MW with 3 MW remaining in NEM program

New NEM Cap

Cumulative Installed NEM Capacity

10.8 MW CAP

NEM Successor Example

12 PM 12 AM 6 AM 6 PM

Usa

ge

Net Usage

Energy received from the grid credited @ retail rates (~11-17¢/kWh)

Energy exported to the grid credited @ export rate

(~7.5¢/kWh)

PV Economics on NEMSP

City of Palo Alto Utilit ies Electric Rate Tiers

CPAU minimum bill is $9.33/month No time-of-use for residents

0.11029

0.16901

0.00

0.02

0.04

0.06

0.08

0.10

0.12

0.14

0.16

0.18

0-330 kWh >330 kWh

$/kW

h

Usage per Month

System Pricing Example – 4.0kW (DC) Additional equipment and adder pricing details available on the program website

Panels Q Cell 1)Best ROI: Canadian Solar 2)USA Made: Solar World

3)Maximize space: LG Neon SolarWorld

Panel Wattage 265w Offer 1: 280w Offer 2: 285w Offer 3: 320w

285w

Inverter (Central) Solis Solar Edge, by request Solar Edge and Enphase EnPhase Micro-Inverters

Price / watt $4.00

$2.55- prepaid leasing option (2.50+ kw)

Offer 1: $3.80 (2-4 kw) Offer 1: $3.60 (4.01-6 kw) Offer 1: $3:45 (6.01+ kw)

$3.80 (1.6 kw)

Wattage (DC) 4,000 4,000 4,000

Base System Price $16,000 ($11,200) $14,400 ($10,080) 15,200 ($10,640)

Program Incentive $500 cash incentive $350 referral incentive

$75 rebate, if 50-100 sign up $100 rebate, if 100+ sign up

$100/panel rebate $250 referral incentive 5% discount for cash

payment (>12 panels )

Pricing

Equipment

Payback Period

8.4 - 9 years ($100/month) 5.6 - 6.2 years ($150/month)

Your Financing Options Flexibility in how you pay for solar

• $0 or minimal upfront investment

• Pay for solar monthly, at a rate lower than your current utility

• 20-year agreement: maintenance, monitoring, repairs, insurance and production guarantee

• Ideal for those who want to hold on to their cash for other purposes

2. Power Purchase Agreement

2.a Prepaid Power Agreement

• Invest more upfront, with no ongoing bill

• 20-year agreement: maintenance, monitoring, repairs, insurance and production guarantee

• Ideal for those who cannot or do not want to wait for the 30% Federal tax credit

1. Cash • Invest more upfront, with

no future bill or payments

• Monetize the 30% tax credit

• Ideal for those who desire to own their system from day one

3. Loan / PACE • Ideal for those who want

to own their system, but don’t have the full amount available now.

• PACE – Cost of upgrades applied to property tax bill

Why Should You Buy a ZEV?

•Fight Climate Change – be a trailblazer for clean energy •Technology is Improving, Market is Growing •Save Money!

Zero-Emission Vehicle Offerings

2016 Nissan Leaf Market Rate Price (MSRP): Nissan Leaf S + $32,000 Nissan Leaf SV + $37,190 Nissan Leaf SL + $39,780 - $4,389 off MSRP from dealership, SunShares (group sale price): - $4,000 off from Nissan

*Note: mus t use Nissan financing, 0% interes t upon credit approval, no pre-payment penalty).

- up to $7,500 (Federal tax credit) - approx. $2,500 (State of CA rebate) • A POTENTIAL NET VALUE OF:

• Nissan Leaf S = $13,611 ( up to 42% discount!) • Nissan Leaf SV = $18,801 ( up to 50% discount) • Nissan Leaf SL = $21,391 (up to 53% discount!)

• plus taxes and fees , after all credits & rebates are received

2016 Toyota Mirai Help bring Hydrogen Fuel Cell energy to the Bay Area and be a trailblazer in clean energy! The Mirai is the first vehicle of its type to be sold commercially. Market Rate Price (MSRP): Toyota Mirai + $58,335.00 (includes Delivery & Handling) - $2,290.00 off MSRP + Tax & License (SunShares Program Discount) - up to $7,500 (Federal tax Credit) - approx. $5,000 (State of CA Rebate) • A POTENTIAL NET VALUE OF

• $46,045 + Tax & License

Zero-Emission Vehicle Offerings

Registration

www.bayareasunshares.org Registration closes November 4th

• Solar registrants will receive a no-cost / no-obligation solar evaluation & proposal from firms of your choosing.

• ZEV registrants will receive a discount code.

• Also have information on new programs for renters.

www.bayareasunshares.org

Sign up by November 4th!

Christina Armor sunshares@bc3sfbay.org

For more information visit: www.cityofpaloalto.org/HPWHpilot

What is a Heat Pump Water Heater? • Very efficient proven technology • Moves heat from air into water using compressor

Why Switch? • Reduce your carbon footprint by reducing natural gas usage (18 tons GHG over life) • City of Palo Alto Utilities is offering up to $1,500 rebate • $300 Federal tax credit expires December 2016

Considerations? • Right location: Garage recommended for needed air flow and reduce noise • Electric Service: Dedicated 30 amp breaker may require panel upgrade • Increase solar system by 1 kW to cover additional electric consumption

Going Solar? Consider Changing your Water Heater

Seeing Is Believing. Professional in-house energy assessments and

complimentary project support

Interested in Solar PV? What is my first step?

Convert to Electric Power Heat Pump Systems Heating, Cooling, Hot Water

Make the most of your Solar Project.

Start with a Professional Home Assessment or complimentary

consultation.

Call the Genie! (650) 713-3411 or

efficiencygenie.com