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SOLAR. SIMPLE. TOGETHER.

Learn more about Solarize Essex!

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Solarize Essex is a unique discount buying program that uses a tiered-pricing structure, town-supported education and outreach and one competitively selected installer to dramatically reduce the cost of solar. The more residents sign up for Solarize, the more the cost comes down. All contracts must be signed by September 23 to participate.

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Page 1: Learn more about Solarize Essex!

SOLAR. SIMPLE. TOGETHER.

Page 2: Learn more about Solarize Essex!

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

Page 3: Learn more about Solarize Essex!

Solar Market Today

More solar power capacity added in US in 2013 than any energy source other than natural gas

Page 4: Learn more about Solarize Essex!

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

Page 5: Learn more about Solarize Essex!

Solar in Essex

Page 6: Learn more about Solarize Essex!

Why Solar?

• Lower your electric bill and insulate yourself from CL&P rate increases

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

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

Current Electric Trajectory

CT Solar Lease

CT Solar Loan

Assumptions:7 kW system at Tier 5 pricingFirst year electric production: 8,400 kWhCL&P electric rate of $0.16/kWh with estimated 3% annual increase in utility rates. Individual utility rates will vary.

Page 7: Learn more about Solarize Essex!

Why Solar?

• Do good for the environment

Page 8: Learn more about Solarize Essex!

Why Solar?

• Increase your home’s resale value

Page 9: Learn more about Solarize Essex!

Why Solar?

• Enjoy energy independence

Page 10: Learn more about Solarize Essex!

How Solar Works

Page 11: Learn more about Solarize Essex!

How Solar Works

Solar Panels Inverters

Page 12: Learn more about Solarize Essex!

How Solar Works

Balance of System Unirac Racking with Eco Fasten

Flashing Conduit and wiring to connect

panels on roof to inverter in basement

Page 13: Learn more about Solarize Essex!

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

Page 14: Learn more about Solarize Essex!

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

• Federal Tax Credit• 30% of project costs net of rebate

Page 15: Learn more about Solarize Essex!

Solarize Tiered Pricing

Tier 11-25 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

Page 16: Learn more about Solarize Essex!

Purchase Example

Market System Cost: $31,360Market Net Investment:

$16,859

Solarize System Cost: $24,150CEFIA Rebate: $7,225Out of Pocket Investment: $16,925

Assumptions:7 kW system at Tier 5 pricingFirst year electric production: 8,400 kWhCL&P electric rate of $0.16/kWh with estimated 3%

annual increase in utility rates. Individual utility rates will vary.

Out of Pocket Investment: $16,92530% Federal Tax Credit: $5,077Solarize Final Investment:

$11,848

Years to Payback: 7-8CL&P First Year Annual Savings:

$1,344

Page 17: Learn more about Solarize Essex!

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

Page 18: Learn more about Solarize Essex!

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 First Year Monthly Payment (Escalating): $71 Fixed Monthly Payment (Non-Escalating): $88

Assumptions:7 kW system at Tier 5 pricingCT Solar Loan continuing payments assume full ITC used to pay down loanSmart-E Loan term of 12 yearsFirst year electric production: 8,400 kWh

Page 19: Learn more about Solarize Essex!

Solarize Standard Equipment

Phono Solar Panels SMA and Power-One Inverters

Page 20: Learn more about Solarize Essex!

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

Page 21: Learn more about Solarize Essex!

Solar Installation Process

Initial inquiry and assessment via satellite image

On-site evaluation and proposal

Page 22: Learn more about Solarize Essex!

Solar Installation Process

Contract signed

Schedule your Energy Audit

CEFIA rebate application

CL&P Interconnection Application

Order Material

Permit from Town

Page 23: Learn more about Solarize Essex!

Solar Installation Process

InstallationTown and utility inspections

Page 24: Learn more about Solarize Essex!

Solar Installation Process

Power your system on!

Page 25: Learn more about Solarize Essex!

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 solarSchedule a free site evaluationReceive your custom proposalStart saving money!

DEADLINE: SEPTEMBER 23, 2014