TOPIC: SOLARIZE South Bend
Getting Solar for your home before the discounts disappear July 19, 2017, 6:30 pm, Near Northwest Neighborhood Center Council Persons Present: Tim Scott Sustainability Director: Therese Dorau NOTE: This is NOT a City based program SolSmart is part of the Department of Energy Solarize South Bend is a community-driven initiative to make it more affordable and easier to go solar. Website: www.SolarizeNI.org Contact: Leah Thill 574-287-1829 x801 [email protected] The purpose of the program is to mobilize citizens to install solar by combining efforts. They work on getting a discount up front, research the installers, help people understand the process. Solar 101 with Vick Meyers: * There was orginally Solar on the White House with President Carter, but President Regan removed it. * You can put Solar panels on the roof, ground mount them and even create a pergola with them. * Solar comes off the panels as DC (Direct Current) and it needs a converter to make it AC (Alternating Current) * A kW is 1,000 Watts * 3 335 Watt panels will produce 1 kW when unshaded or ~1,250kWh/Yr * Northern Indiana sun gets about 1,550 kWh/m2/year, which is a lot more than Germany * Germany gets 7% or more from Solar * Pricein Q3 2016 is $2.98/watt (SEIA) Reasons to go Solar: * Lower utility bills * Return on Investment * Increases home resale value * Reduces carbon footprint * Personal Values * Improve local air quality * Support the local economy * Energy costs are rising * Panels are rated to last over 25 years * Net Metering and Federal Tax Credits are scheduled to phase out, so installing now will make yours grandfathered in * Installing now means you get Net Metering for 30 years * Tax Credits are 30% until 2019 and go to 0 by 2022 Financing Solar: * Home equity line of credit - no closing fees, payment of interest only, tax deductible * Home Improvement Loan * If Indiana adopts RPS, we will be able to sell our Solar Credits to others - SREC Solar Renewable Energy Credits Size of Installation: * Average Indiana Residential Uses ~ 11,000 kW in a year * Average Cost for Solar is ~ $12,500 (like a car cost) but it appreciates instead of depreciating * ROI ~ 8.8% with payback at 11.4 years * If you have a smaller area for panels, you can get higher density panels * Good to add on "Optimizers" so if one panel goes down or is shaded, the other panels still keep working at 100% * Some have IoT so the notify the installer by internet if a panel is having a problem * If your system is tied to the Grid and the power goes down, you will lose power unless you have battery storage * There are already 2 battery storage units similar to the Tesla one that will be coming out Manufacturers Available: * Mitubishi - High Density Panels * Sonali Solar - Lower Cost * Mission Solar - Made in the USA Steps to Take Advantage of this Program: * Contact Leah T. Hill (info at top) * Attend one of the four information sessions * Submit an Information form and Participant Survey * Complete a Letter of Intent (non-binding) * Agree on System Details * Schedule a site visit with the vendor * Complete the Survey * Receive and review the quote * Sign Contract * Go Solar! Approved Installer: Solar Energy Systems LLC 1952 W. Market Street, Nappanee, IN 46550 574-773-0546 #MichianaObserver
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