Purchase Group for Solar Energy Systems

Purchase Group for Solar Energy Systems

For Residents of Efrat, Golan Heights, Gush Etzion, Yehuda & Shomron

Welcome• Solar Energy Systems - background and

market status • The purchase group of the Efrat

Development Company (EDC)• Tiv Solar• Components of the system• The value of the deal• The purchase process

Solar Energy Systems – Background and status of the market

In 2008 the State of Israel announced that it was offering an opportunity for homes and businesses to generate solar electricity, restricting the amount of produced electricity .

We can use the sun and sell electricity to the Electric Company at a high price!

The price for home production is 1.22 NIS per kWh, you get double (!) the price that you pay to the Electric Company!

According to Electric Company ads, this is the last chance for this great opportunity and there will not be another chance!

The Problem:• Us consumers have limited knowledge about solar

energy systems…• We lack the professional tools to compare between

the different companies• Each sales person convinces us that his company is

best…• The individual consumer has no power against to

get a good bargain (good price, extended warranty, contract written by the consumer’s lawyer, excellent loans etc.)

What’s the solution?

A purchase group that will create significant consumer power with the leading companies in the market.

We chose!•Professional and trustworthy companies•An unbeatable price•Additional benefits in guarantees, financing and insurance

• Minimum 60 meters of available roof space• Houses with building permits or form 4 with no building deviation.• A permanent electricity connection, at the rate for private homes.

Who can join the project?

Benefits of the EDC purchasing group

• We conducted an extensive market research• We chose the best offer• We got you excellent prices• We negotiated a contract that is best for group

members• We got you an extended warranty for the

system• Attractive financing from the bank working with

the project and the option to insure the system

Tiv Solar• We chose “Tiv Solar” in a tender after an intense evaluation

of their abilities and advantages• The main reasons for choosing these companies is their

service and long-term guarantees.• A solar energy system is meant to last for 20 years – we

need trustworthy companies with strong administrative backing who will stay with us all the way.

• The two companies are medium-sized and excel in flexibility, professionalism and most important, reliability.

National electricity network

Meter which measures usage

Solar panels

Power converter

Production meter

How does it work?

Components of the system

DOES THE SYSTEM EMIT RADIATION?ACCORDING TO THE MINISTRY OF ENVIRONMENTAL PROTECTION: “Today’s converters are more sophisticated and their electronic components guarantee low levels of magnetic energy. For a converter which provides 4-10KW the security distance is 0.5 meters. For a distance greater than 0.5 meters the exposure is less than 2 milligauss.

The system produces direct current electricity using light panels (modules) that do not emit radiation at all.

The converters, that transfer the current directly to an alternative current, emit radiation on a very low level similar to the electricity that supplies the house and does not cause health damage. The Ministry of Environmental Protection approves the placement of facilities for power generation using photovoltaic technology on the roofs of existing or future buildings. The placement of photovoltaic cells on roofs is desirable and should be encouraged."

Alberto Bernstein, in charge of non-ionizing radiation electrical facilities, 2009.

Our experience

• The Golan Solar Group successfully implemented the group purchase model in the Golan with more than 50 houses.

• The EDC organized a group of 60 families in the last tender in Judea and Samaria, within 3 months. These systems are currently being installed.

Working together with the EDC

• The EDC requested an independent evaluation that was conducted by Dr. Dan Weinstock, an expert in solar electricity systems

• As a result of the evaluation, the EDC recommends Sun Electra and Tiv Solar for installing solar electricity systems

• Dr. Weinstock examined, compared and rated three companies which offer solar electricity systems

The conclusions of Dr. Weinstock’s evaluation

Detailed Calculations• Calculation for 8kw system – 18% return• Calculation for 12kw system – 20% return• Calculation for 16.5kw system – 22% return

Calculation for the KW 8 System

Income linked to the index 3% per year

Profit is calculated when system is financed

privately

Return Profit Cleaning and Maintenance Insurance Income Year

18%-₪ 94,000  -₪ 94,0000

16,1041 129₪ 800₪ 15,175₪ 15%₪לעוסק פטור

שנים10כולל החלפת ממיר אחרי

₪ 15,592₪ 800₪ 129₪ 16,5212

₪ 16,020₪ 800₪ 129₪ 16,9483

₪ 16,458₪ 800₪ 129₪ 17,3874

₪ 16,908₪ 800₪ 129₪ 17,8375

₪ 17,370₪ 800₪ 129₪ 18,2996

₪ 17,843₪ 800₪ 129₪ 18,7727

₪ 19,068₪ 800₪ 129₪ 19,2588

₪ 19,566₪ 800₪ 129₪ 19,7569

₪ 12,139₪ 8,000₪ 129₪ 20,26810

₪ 19,863₪ 800₪ 129₪ 20,79211

₪ 20,401₪ 800₪ 129₪ 21,33012

₪ 20,953₪ 800₪ 129₪ 21,88213

₪ 21,520₪ 800₪ 129₪ 22,44914

₪ 22,101₪ 800₪ 129₪ 23,03015

₪ 22,697₪ 800₪ 129₪ 23,62616

₪ 23,308₪ 800₪ 129₪ 24,23717

₪ 23,935₪ 800₪ 129₪ 24,86418

₪ 24,579₪ 800₪ 129₪ 25,50819

₪ 25,239₪ 800₪ 129₪ 26,16820

סהכ321,035 2,576₪ 23,200₪ 296,736₪ ₪

Year Income Insurance Cleaning and Maintenance Profit Return

Calculation for KW 12 System

Income linked to the index 3% per year

Income is calculated

when system is independently

financed

Year Income Insurance Cleaning and Maintenance Profit Return

KW 12תחשיב מערכת

Return Profit Cleaning and Maintenance Insurance Income Year

20%-₪ 124,000  -₪ 124,0000

24,1561 170₪ 1,200₪ 22,786₪ 17%₪לעוסק פטור

שנים10כולל החלפת ממיר אחרי

₪ 23,411₪ 1,200₪ 170₪ 24,7812

₪ 24,053₪ 1,200₪ 170₪ 25,4223

₪ 24,711₪ 1,200₪ 170₪ 26,0804

₪ 25,386₪ 1,200₪ 170₪ 26,7555

₪ 26,078₪ 1,200₪ 170₪ 27,4486

₪ 26,788₪ 1,200₪ 170₪ 28,1587

₪ 28,625₪ 1,200₪ 170₪ 28,8878

₪ 29,372₪ 1,200₪ 170₪ 29,6349

₪ 18,232₪ 12,000₪ 170₪ 30,40110

₪ 29,818₪ 1,200₪ 170₪ 31,18811

₪ 30,625₪ 1,200₪ 170₪ 31,99512

₪ 31,454₪ 1,200₪ 170₪ 32,82313

₪ 32,303₪ 1,200₪ 170₪ 33,67314

₪ 33,174₪ 1,200₪ 170₪ 34,54415

₪ 34,068₪ 1,200₪ 170₪ 35,43816

₪ 34,986₪ 1,200₪ 170₪ 36,35517

₪ 35,926₪ 1,200₪ 170₪ 37,29618

₪ 36,892₪ 1,200₪ 170₪ 38,26219

₪ 37,882₪ 1,200₪ 170₪ 39,25220

סהכ498,552 3,398₪ 34,800₪ 462,570₪ ₪

Calculation for 16.5KW System

Year Income Insurance Cleaning and Maintenance Profit Return

Income linked to the

index 3% per year

Income is calculated when

system is independently

financed

KW 16.5תחשיב מערכת

1.22

Return Profit Cleaning and Maintenance Insurance Income Year

22%-₪ 155,000  -₪ 155,0000

33,2151 212₪ 1,600₪ 31,402₪ 19%₪לעוסק פטור

שנים10כולל החלפת ממיר אחרי

₪ 32,262₪ 1,600₪ 212₪ 34,0742

₪ 33,144₪ 1,600₪ 212₪ 34,9563

₪ 34,048₪ 1,600₪ 212₪ 35,8614

₪ 34,976₪ 1,600₪ 212₪ 36,7895

₪ 35,928₪ 1,600₪ 212₪ 37,7416

₪ 36,905₪ 1,600₪ 212₪ 38,7177

₪ 39,384₪ 1,600₪ 212₪ 39,7198

₪ 40,412₪ 1,600₪ 212₪ 40,7479

₪ 26,590₪ 15,000₪ 212₪ 41,80210

₪ 41,071₪ 1,600₪ 212₪ 42,88411

₪ 42,181₪ 1,600₪ 212₪ 43,99412

₪ 43,320₪ 1,600₪ 212₪ 45,13213

₪ 44,488₪ 1,600₪ 212₪ 46,30014

₪ 45,686₪ 1,600₪ 212₪ 47,49815

₪ 46,915₪ 1,600₪ 212₪ 48,72816

₪ 48,176₪ 1,600₪ 212₪ 49,98917

₪ 49,470₪ 1,600₪ 212₪ 51,28318

₪ 50,797₪ 1,600₪ 212₪ 52,61019

₪ 52,159₪ 1,600₪ 212₪ 53,97120

סהכ701,009 4,247₪ 45,400₪ 654,316₪ ₪

Who are you signing a contract with?

The cost for the services of the office of ERM Lawyers is 300 shekels including v.a.t

•Your contract will be signed with the company that installs your system.•Your contract with the installation company was prepared by the ERM Lawyers' Office, that specializes in the solar energy.•The contract will ensure the interests of the members of the group by a binding schedule, complete warranty, comfortable payment terms and the possibility for external supervision on the installation of the system.

Guarantee• For installation of system – 10 years

• For panel output – 25 years

• Guarantee for panels - 10 years

• Guarantee for SMA Converter– 10 years

• Guarantee for SolarEdge Converter – 12 years

Loan Terms offered by the bank suitable for the members of the group

• Interest rate: Prime + 0.75%• Loan amount: Up to 100% of the price of the system

up to NIS 190,000• No personal guarantors required• Salary account not required• Offered to clients of all the banks, based on

customer’s reliability and the bank’s decision

Collateral required:• The system must be registered with the relevant authority• Insurance policy on the equipment charged in favor of the Bank• Reciprocal assignment of rights approved by Israel Electric Company or Electricity Authority

The granting of the loan is at the sole discretion of the Bank, and the Bank retains the right to announce changes, including a decrease or ceasing of the loan with ten days prior notice.

Payment Schedule• Upon signing – 4,060 NIS• Upon receiving license from electric

company (PV) – 15% • Upon arrival of panels to site – 55%• Upon completion of installation of system –

15%• Upon connection of the system to electric

company network – balance of payment

And What Does Menachem Horowitz say about this?…

2Take a look at what was broadcast on Channel

 www.youtube.com/watch?v=FQwUBuxhxHE

What is the next step?• Registration• Roof assessment• Price estimate• Signing of contract• Submitting building permits by the

company’s planner• Permit from the Electric Company• System installation• Connecting to the electric network

Are you next?

Order an assessment of the roof of your home and get a

price estimate Sign up now!

Ramat Hagolan: Avi 050-8383865 avi@golansolar.co.ilThe Shomron: Eitan 052-8119855 eitan@golansolar.co.ilEfrat, Yehuda, Binyamin: Ori 0508383861 orili6@gmail.com

Main Office- yoel 050-990-9944 energysolar12@gmail.com