Mannington Wood - Greener Product

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Transcript Mannington Wood - Greener Product

Solar Smart Program
Company Overview
Greener Product LLC, is a professional services and project developing firm
providing renewable energy through photovoltaic (“PV”) and solar thermal
technologies.
Greener Product LLC model is to Build, Own, Operate and maintain solar
generation facilities as small as 50 KW and utility scale facilities in the
Gigawatt range. In the Solar Smart model, we build all facilities with no cost
to the customer.
Tennessee Valley Authority (TVA)
The Tennessee Valley Authority,
a corporation owned by the U.S.
government, provides electricity
for 9 million people in parts of
seven southeastern states at
prices below the national
average. TVA, which receives no
taxpayer money and makes no
profits,
TVA's Mission and Vision
TVA has renewed its vision to
help lead the Tennessee Valley
region and the nation toward a
cleaner and more secure energy
future, relying more on nuclear
power and energy efficiency
and relying less on coal.
The Generation Partners Pilot Program
Generation Partners supports
homeowners and businesses that install
small-scale renewable generating
sources – solar panels or wind turbines,
for example – on their property.
Generation Partners puts ordinary users
of TVA power into business generating
renewable energy.
Click here to see TVA Video
Note: Only the area highlighted in yellow are eligible for program
 Increases
the property value between 3% to
4% according to the NBER - 9/11 report
 Reduces our dependence on foreign oil
 Provides stable future energy costs
 Improve our environment through reduction
of harmful gases
 Creates new green jobs in our communities
 Benefit American Business

What if you could install a solar system at no cost,
earn $1000 immediately and save on future energy
cost?
Greener Product LL is offering homeowners, schools, businesses,
non-profit organizations and municipalities in
Tennessee and certain areas of the
neighboring states (NC, GA, MS, AL, GA, KY)
an opportunity to participate in the
Solar Smart program.
Under the program Greener Product leases your roof-top or land
and shares the guaranteed revenue for 20 years.
To qualify the participate must;
• Have an available area of 10,000 sq. feet
on a roof-top or land
• Premises must be available for lease i.e.
20 years
• Area must be free of shade all year
• Roof (if applicable) must be structurally
sound
• Accessible metered location
 GP
installs, operates and maintains system
 No Capital Cost
 Revenue is shared with the host
 Receive $1000 upon activation
 Stable energy costs
 Option to purchase the system
 Revenue guaranteed for next 20 years
50 kW System
Note: Chart represents the estimated host revenue expressed as a present value in each
year of agreement with assumed 5% interest rate.
1. Sign a Letter of Intent – indicating that you
want to participate in Solar Smart Program
2. Greener Product will do a
site review and approve
the site for an installation
3. The parties enter into a 20
year lease agreement
4. The Solar System will be designed
5. TVA and local utility approvals obtained
6. System is inspected and energized
1
Project Evaluation
& Assessment
• Completion of LOI
(2 weeks after application)
2
3
Documents
completed &
approved
System Built
•Completed PPA
•Utility approved
•Lease
•System designed
•Utility application
•PPA completed
(4 weeks after LOI received)
(3 weeks after approvals)
5
4
System Inspected
& Energized
•Utility inspects and approves
system
•Connection Completed
(2 weeks after system built)
Engineering (Electrical, Structural for roof mounts )-------------------------------------------------------------------30 days
Permitting------------------------------------------------------------------------------------------------------------------------14 to 60 days
Product Procurement ----------------------------------------------------------------------------------------------------------14 days
Site Preparation (grading, trenches, etc)---------------------------------------------------------------------------------- 7 days
Construction (including wiring, etc) ----------------------------------------------------------------------------------------7 to 14 days
Energizing System----------------------------------------------------------------------------------------------------------------7 days
Commissioning--------------------------------------------------------------------------------------------------------------------7 days
Many activities can be completed at the same time.
Normally from time of signed LOI to commissioning it requires 60 to 90 days.
To apply for the program and start
receiving the benefits of the Solar
Smart program contact:
Tel: 1-843 -576-0112 x 121
Email: [email protected]
To apply online go to :
www.greenerproduct.com
Thank you for the Interest