here - lamplightergreen.com

Download Report

Transcript here - lamplightergreen.com

What - How Does Solar System Work?

Grid-connected projects can apply for Net Metering (utility meter spins backwards)

Why - Net Metering Example

System Size – 5kW (5,000 watts) Annual Production ~5,600 kWh Annual Usage Onsite ~7,500 kWh December Produce 150 kWh Use 600 kWh Pay for 450 kWh on electric bill July Produce 800 kWh Use 600 kWh

Net Metering!!

Receive 200 kWh credit (in $)

Why - Massachusetts Residential Electricity Prices

35,00 30,00 25,00 20,00 15,00 10,00 5,00 0,00

MA

Sources: EIA 2011 Data

2011 Avg Residential Electricity Prices (cents per kWh) US

Why - Solar Incentives in Massachusetts

High electricity prices + Reduced Solar PV Costs + Numerous Incentives = Economical solar projects Incentives

Tax Incentives: Federal (30%) State (15% up to $1,000) Rebates from MassCEC: Typically $2k - $4k Net Metering SREC Sales Low/No money down options

Purchase Incentive

• Mass Commonwealth Solar II rebate • Residential energy tax credits

Production Incentive

• • Net Metering Solar Renewable Energy Certificates (SRECs)

How - What makes a good site?

• Southern exposure • PV panels angled 30˚ – 45˚ • At least 4-6 hours of direct sunlight • Open roof area of ~100 sq ft per 1 kW • Open space for a ground or pole mounted system http://energy.ltgovernors.com/solar-energy-pv-systems-self-generation-make-your-own-power.html

How - Ownership

Ownership Models

• Outright purchase • Power Purchase Agreement • Lease

Financing Options

• Home Equity Loan • FHA Title 1 Home Improvement Loan • Local banks may offer different options

How - Process for the Customer

Energy Audit Contract with Installer LGHA Design Review Installation paperwork reviewed & approved Site Assessment Installation paperwork (permits, interconnection, rebates) Installation scheduled Installer closes out installation paperwork Inspector( s) sign off on system System is turned on Sign up with an SREC aggregator Apply for tax credits

LGHA - Bylaw

Any resident may have solar panels installed on their roof of original main structure. The following restrictions apply and an exception will not be granted under any circumstances: - Solar panels must not be installed on common land that is entitled to Corporation - Solar panels must not be installed anywhere on the yard.

- Solar panels must not be installed on town's conservation land.

- Solar panels must not be installed on roofs of additions, porches, sun rooms, toolsheds, garage. Resident must submit a design review before scheduling installation and that design review needs to be approved by the Corporation. In addition to the required documentation, the design review must clearly state the insurance and liability coverage pertaining to Solar panel installation. Resident is responsible for maintaining and upkeep of the panels. If maintenance issues are found, the resident will be fined and must take action to fix.

The board will need 30 days notice.

In case of termination of ownership of the property, unless ownership of the solar panel installation is part of the termination agreement, the installation must be removed.

For solar installation, an Abutter(s) signatures is required, but ONLY for the purpose of notification. If they do not agree with the installation, Abutter(s) must mention the same on the design review form along with their signatures.