Driving Your Electric Bill Down To Zero

7/23/2019 Driving Your Electric Bill Down To Zero

http://slidepdf.com/reader/full/driving-your-electric-bill-down-to-zero 1/15

Driving YourElectric Bill Downto Zero

How Solar Panels Put Money Back in Your Poc



Table of Contents

How It Works

Installation Time + Costs

Net Energy Metering (NEM)

The Annual True-U

Why It!s Imortant to A"t N#W

Ta$ In"enti%es & 'eates

How to ay *or olar

,easing #tions

.-/ear Trans0erale Warranty

taili1ing /our Costs in the *uture

Energy that ays /ou 2a"k



How It Works

*or more in0o %isit How olar anels Work

http://visitsunworks.com/resources/how-solar-works/

http://visitsunworks.com/resources/how-solar-works/



How It Works

Choosing to install solar panels on your home enables you and your family to create your own energy and sav

down, or even eliminating your monthly electric bill altogether.

- anels generate ele"tri"ity whene%er they are e$ose3 to sunlight4 o e%en when you!re not home or using ene

energy4 This e$tra a""rue3 energy "an then e 6sol37 a"k into the mainstream gri3 to o00set your normal utility

ool o0 energy to 3raw 0rom4

- I0 you o%erro3u"e energy an3 "onsume less than you ro3u"e5 you "an 3ri%e your ele"tri" "osts 3own to 1ero

- I0 the amount o0 energy you o%erro3u"e is signi0i"ant enough5 you may a"tually re"ei%e money a"k 0rom the u

en34

The process that enables this is what’s known as net energy metering, or NEM.



Installation Time + Costs

Most solar installations are completed in ust one day, often with !ero out"of"pocket costs incurred by the hom

- Installing a solar system lea3s to an imme3iate in"rease in roerty %alue4

- olar systems a%erage 89+ years o0 usaility4

- ystem tyi"ally ays 0or itsel0 two-to-three times o%er 3uring the 3uration o0 its use0ul li0e4

*or more in0o %isit The Cost o0 olar

http://visitsunworks.com/residential/what-it-costs/

http://visitsunworks.com/residential/what-it-costs/



Net Energ !etering "NE!#



Net Energ !etering "NE!#

Net energy metering #NEM$ enables residential and commercial customers who generate their own electricity f

sell energy they don’t use back into the mainstream grid.

- 6elling energy7 3oes N#T re0er to eing ai3 money 0or the energy you ro3u"e : although that is a ossiilit

in this s"enario re0ers to the aility to earn "re3its that "an e 6sent7 against your own energy ill4

- NEM in%ol%es using a single5 i3ire"tional meter that sins 0orwar3 to tra"k the ele"tri"ity you take 0rom the gri3

meter e$"ess energy that your solar anels ro3u"e4

- At the en3 o0 the month5 i0 you!%e use3 more ele"tri"ity than you!%e ro3u"e35 you!ll owe your utility ro%i3er 0or

at the en3 o0 the month5 you!%e ro3u"e3 more energy than you!%e 3rawn 0rom the gri35 you!ll owe nothing4 In 0a

"oul3 en3 u owing you money4



T$e %nnual True&'(

%ne of the biggest advantages for making the switch to solar is that you only have to consider your electric bi

- Homeowners with solar anels re"ei%e one ele"tri" ill er year known as a 6true-u7 that tallies all the energy y

ast year an3 measures it against all the energy your solar anels ro3u"e3 that year4

- At the en3 o0 your ;-month illing "y"le you!ll 6true-u7 an3 the energy "re3its you!%e a""rue35 a""or3ing to yo

will e measure3 against what you owe 0or your annual energy ill4

Average annual cost of powering a 2,500 - 3,000 sq ft home is typically in the $2,000 range. With solar, your true-up caas low as $200 or less.

&n fact, if you accrue enough credits, your annual bill can actually drop to !ero.



W$ It)s Im(ortant to %ct N*W

Net energy metering as we know it is being phased out in California.

- The state lans to en3 the "urrent rogram 0or awar3ing NEM "re3its to homeowners who install solar an3 sell

y <uly o0 9;=4

- A""or3ing to some "urrent ro>e"tions5 the "a 0or en3ing the "urrent rogram 0or awar3ing NEM "re3its to hom

rea"he3 mu"h sooner than that : ossily y as early as August or etemer o0 9;?4

- Homeowners who install solar anels an3 ot into the rogram e0ore the "uto00 3ate will e gran30athere3 into

rogram 0or the ne$t 9 years4



Ta Incentives , -ebates

- *e3eral solar In%estment Ta$ Cre3it (ITC) o00ers 89@ 3ollar-0or-3ollar re3u"tion in in"ome ta$es ase3 on amou

roerty4

- Un3er "urrent law5 the ITC is set to remain in e00e"t through e"emer 8;5 9;?4 2ut a0ter this 3ate5 the resi3en

will 3ro to 1ero4

- tate o0 Cali0ornia no longer o00ers any reates asso"iate3 with solar5 howe%er reates still a%ailale 0rom some

ser%ing lo"ali1e3 3istri"ts4 Tyi"ally5 these reates range 0rom anywhere etween B.99 to B9994

I0 you re"ei%e at least .9@ o0 gross in"ome 0rom agri"ulture5 then learn aout UA rants 0or olar

http://visitsunworks.com/financing/usda-grants/





How to .a /or 0olar

- Cash u 0ront4

- e"ure len3ing 0rom your "re3it union

- Take a3%antage o0 UNworks 0inan"ing otions that allow 0or B9 3own with ;-;. year 0inan"ing terms with the

ayment that woul3 tra3itionally e asso"iate3 with a thir3 arty lease or olar ower ur"hase Agreement (

&nstallation available for no money down and a monthly payment typically no greater, and often less, than wha

paying for monthly utility bill.



1easing *(tions

- UNworks leases are always without ayment es"alators4

- ,eases asso"iate3 with the numer one solar anel on the market : unower : that o00ers in3ustry lea3ing

- ,eases 3esigne3 with ease o0 trans0eraility in min34

,earn more aout *inan"ial ,en3ing 0or olar anels

http://visitsunworks.com/financing/financial-lending/

http://visitsunworks.com/financing/financial-lending/



23&Year Transferable Warrant

'olar systems typically come with ( different warranties covering each of the different product classes that co

!Warranty lengths for each of the systems vary "epen"ing on the solar company.

'tandard warranty terms found across the industry)

olar mo3ules "o%ere3 0or ;9 - . years

olar in%erters "o%ere3 0or ;9 years

'a"king an3 wiring systems 0or ;9 years

Contra"tor workmanshi roo0 enetrations 0or ;9 years

'*Nworks warranties are different. +e etend - eisting warranties into one /0"year warranty that is

for up to 12 years and costs only 3022 to transfer to a new homeowner after that period has elapsed. e

'*Nworks solar panel warranties.

http://visitsunworks.com/company/25-year-worry-free-warranty/





0tabili4ing Your Costs in t$e /uture

&nvesting in a solar energy system for your home 4 installing a power plant on top of your roof. +ith '*Nwork

energy and leveli!e your costs.)

- taili1e 0uture "osts y se"uring a 0i$e3 lower ayment 0or the ne$t 9 years4

- *ree yoursel0 0rom "onten3ing with energy rate 0lu"tuations 0rom year to year4

- ay yoursel0 a"k e%ery month 0or out-o0-o"ket e$enses in"urre3 with money you sa%e y minimi1ing5 or alto

monthly energy ill4

-Take "ontrol o0 0uture 0inan"es 0rom unre3i"tale energy rates y ro3u"ing your own energy4

- *inan"ing or owning a solar system is %ery like the 3e"ision to own your home %ersus >ust renting it4

- Installing solar es"aes you 0rom the tiere3 mainstream energy system that kees you ehol3en to the whims o

("hanging tier le%els5 "osts5 et"4)



Energ T$at .as You Back

5or more information) check out '*Nworks 'olar 6anel &nstallers or call 788"822"8722

Thank you.

http://visitsunworks.com/





Documents

Driving Your Electric Bill Down To Zero