Transcript Site Assessments - Welcome to the NC Wind Energy Site

Harvesting Solar Energy in
Western North Carolina
Brent Summerville
Western NC Renewable Energy Initiative
July 2008
If we took all the world’s reserves of coal, oil, and
gas and burned them at a rate fast enough to give us
the same amount of heat we are accustomed to
receiving from the sun, the supply would be entirely
gone in less than three days.
-Branley, F. (1957). Solar Energy
Learn from Nature
“A cat sunning himself in the doorway of a barn knows all about solar energy. Why can’t man learn?”
-E.B. White
[Augustyn, J. (1979, 2003) The Return of the Solar Car Book]
[Augustyn, J. (1979, 2003) The Return of the
Solar Car Book]
Big
Brains
New Construction? Build It Right
www.wncgbc.org
www.dsireusa.org
Database of State Incentives for
Renewables & Efficiency
Available Incentives
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NC State tax credit
Federal tax credit
Federal Accelerated depreciation
(MACRS)
USDA Farm Bill
Property tax exemption
NC State Tax Credit
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Enacted in 2000, extended 5 years in 2005
 35% of installed cost
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Limits
$1,400 – solar hot water and solar pool heating
 $3,500 – passive solar, active solar space heating,
combined solar space and water heating
 $10,500 – PV, Wind, other residential RE
 $2,500,000 – Commercial/Industrial
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Federal Tax Credit
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Part of Energy Policy Act of 2005
Set to Expire December 31, 2008
 30% of installed cost for solar water and PV
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Limits
$2,000 for solar-electric systems and solar waterheating systems
 No max – Commercial/Industrial
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Now’s The Time!
The system will cost ~$6000 installed
After tax credits, your cost is only ~$3192
Combining NC and Fed Credits
Accelerated depreciation
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Federal Modified Accelerated Cost-Recovery System
(MACRS)
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Solar property can be depreciated in five years.
Total deduction = tax rate x 85% x system cost
= .34 x .85 x 80,000 = $23,120
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NC Property Tax Exemption
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In addition to the tax credit, North Carolina
provides for a property tax exemption for solar
water heating and active space heating or
cooling systems.
This means that the additional value of your
solar system relative to a conventional heating or
cooling system is excluded in the appraisal for
property tax purposes.
USDA Rural Energy for America
Program (REAP) – Grants and Loans
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The Food, Conservation, and Energy Act of
2008
$55 million for FY 2009, $60 million for FY
2010, $70 million for FY 2011, and $70 million
for FY 2012.
All applications go through our
NC contact:
25% grants
H. Rossie Bullock, USDA RD
75% max grant + loan PO Box 7426
Lumberton, NC 28359
www.farmenergy.org
(910) 739-3349 ext #4
[email protected]
Goat Lady Dairy
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Solar thermal system = $10,000
 Federal Farm Bill grant for
$2,500
 30% federal tax credit
 Depreciate the system over
five years
 35-percent North Carolina
corporate tax credit
Add it all up, and the $10,000 solar
thermal system is costing Steve
Tate less than $1,500.
Local Installers
Find a NC installer at
www.greenprofessionals.org
Here are a few local ones....
Local Installers
Advanced Thermal Solutions
Tomas Koenig
Saluda, NC
828-749-1774
[email protected]
www.gotsun.com
Local Installers
Appalachian Energy Services
Seth Wiley
Murphy, NC
Toll Free (888)314-1933
Local (828) 278-2074
[email protected]
www.WNCsolar.com
Local Installers
Appalachian Energy Solutions
Kent Hively
Sugar Grove, NC
828-773-9762
[email protected]
www.appalachianenergysolutions.com
Local Installers
Appalachian Energy
Fletcher, NC
866-813-7323
[email protected]
www.appalachianenergy.com
Local Installers
Atomic Solar
165 Whirlwind Drive
Burnsville, NC 28714
(828) 675-9643
[email protected]
Local Installers
Blue Ridge Energy Solutions
Bill Poteat
Morganton, NC
800-689-8824
[email protected]
www.brescoltd.com
Local Installers
FLS Energy, Inc.
Dale Freudenberger
400 Eastside Dr.
Black Mountain, NC 28711
828-669-5070
FAX 828-669-5046
[email protected]
www.flsenergy.com
Local Installers
Solar Dynamics
Ole Sorenson
phones: 828-665-8507 and 828-231-9106
Fax 828-665-8507
[email protected]
40 Green Valley Rd.
Asheville, NC 28806
www.solardynamicsnc.com
Local Installers
Sundance Power Systems
Dave Hollister
Phone: 828.689.2080
Fax: 828.680.9798
925 Beauty Spot Cove
Mars Hill, NC 28754
[email protected]
www.sundancepower.com
www.nabcep.org
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North Carolina Solar Center
Web
www.ncsc.ncsu.edu
Resources
Florida Solar Energy Center
www.fsec.ucf.edu
Database of State Incentives for Renewables &
Efficiency
www.dsireusa.org
NC GreenPower
www.ncgreenpower.org
USDA Farm Bill
www.farmenergy.org
WNC Renewable Energy Initiative
www.wind.appstate.edu
Questions?
Thanks
Brent Summerville
828-262-7333
[email protected]
wind.appstate.edu
This presentation is available at wind.appstate.edu
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