Agenda Introduction to the Community Environmental Council (CEC) - - PowerPoint PPT Presentation

Agenda

• Introduction to the

Community Environmental Council (CEC)

• Solar Basics
• Solarize Santa Barbara
• Solar Financing Basics
• Batteries: Case Study with Katie Davis
• Q&A- meet the installers
• Next Steps

Since 1970, CEC has incubated and innovated real life environmental solutions that directly affect the California Central Coast. Our current work advances rapid and equitable solutions to the climate crisis – including ambitious zero carbon goals, drawdown of excess carbon, and protection against the impacts of climate change. Our programs lead to clean vehicles, solar energy, resilient food systems and reduction

• f single-use plastic.

What brings you here?

Benefits of Solar

• Use a renewable, local energy source
• Increase the value of your home
• Save money or earn a return on

your investment

Example: $167/month bill

After Solar: $30/month

Benefits of Solar

• Use a renewable, local energy source
• Increase the value of your home
• Save money or earn a return on your

investment

• Hedge against raising electricity rates

Recent/Upcoming Rate Changes

Time of Use Pricing SCE: TOU 4-9

How Solar Works

Inverters

Net Energy Metering: NEM

15 cents/kWh 32 cents/kWh 56 cents/kWh

Common Concerns with Solar

• How do I know if I’m selecting the

right contractor?

• How do I know if I’m selecting the

right panel?

• How much does solar cost?
• How do I pay for solar?

Problems & Solutions of Solar

• How do I know if I’m selecting the right contractor?
• Work with a contractor that has been evaluated by

an independent panel of experts.

• How do I know if I’m selecting the right panel?
• Best reputation manufacturers and high value

panels.

• How much does solar cost?
• Know that you are getting a great price for solar.
• How do I pay for my solar?
• Get advice on different ways to pay for your solar.

Goals of Solarize Santa Barbara

• Increase the amount of clean, renewable

energy in Santa Barbara County

• Support local businesses and the local

economy by stimulating the solar industry

• Reduce the costs of solar
• Ensure quality
• Help CEC continue to bring beneficial

programs to the South Coast.

Who is Eligible for Solarize?

• Own a home in Southern Santa Barbara

County

• Have an appropriate roof or open space for

solar

• Sign a contract with the selected installer by

October 31, 2020

Credits and Incentives

• Federal Tax Credit

– 26% in 2020 – Drops to 22% in 2021 – Disappears in 2022

• Net Energy Metering

Costs of Solar: Example

4.5 kW (DC) System Solarize Santa Barbara Installed Cost $15,000 Federal Tax Credit (26% cost after rebate)

• $3,900

End Cost $11,100 Portion of total that goes to CEC ($0.15/watt) $675

** Sized to ~ $125/month bill

Panel Options

• Silfab
• Panasonic
• LG
• SunPower
• REC

Optimizer and microinverter options

Financing Options: Loan payments can be lower than your SCE bill

Secured Loans Unsecured Loans

Solar Loans credit score above 680 = 2.99% APR ~12 year loans HELOC

What about leases?

• PPA (Power

Purchase Agreement)

• Buy the power from

your solar system for 20 years

• Save ~20 percent on

your electricity bill

Batteries: potential benefits

• Power when the grid goes down
• Load Shifting
• Regional Grid Benefits
• Eligible for 26% Federal Tax Credit when

paired with solar

Solarize Batteries:

Sonnen Tesla Powerwall LG Chem SunPower

Batteries: how much will they cost?

Example: Tesla Powerwall ~$15,000 Tax Credit (26%) ~ $3,900 Total Cost ~ $11,100

Add an Electric Vehicle

• Eliminate your gasoline bill
• Up to $7500 Federal Tax Credit, $2,000 State Rebate

and $1000 SCE Drive Clean incentive

• Lease payments ~ $200/month after incentives
• Nighttime charging may be 1/3 of gas prices

Get all this info at www.ElectricDrive805.org

Questions

Jeremy Favier Chelsea Vaughan Fraser Kersey Katie Davis: Lives in a solar powered home, drives an EV and has a battery system April Price: Has run the Solarize program for 5 years

Next Steps

• Fill out a form
• Sign up online

SolarizeSB.org

Tell your friends and neighbors!

Thank You!

SolarizeSB.org (805) 963-0583 x101