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Presentation for:Photovoltaic Roof-InstallationGround Mounted Installation
By,Joseph Pecorelli, CEO
Document/Fulfillment Center Applications
“ Ontario’s Green Energy Act could propel theProvince past California as the mostInnovative North America leader in theRenewable energy field”
Q: Can my roof be repaired after the equipment is installed?
A: PV panels can be removed for service of the system and your
roof. If need be, the entire system can be removed from the
roof. If you need to replace or have work done on your roof –
do so before adding a PV system. If you already have a PV system installed and need a new roof, contact the PV installer (or Solar Home Energy Solutions),
before roof repair work is begun.
Engineering, Finance & design•our mission is to significantly decrease carbon dioxside emission and to significantly reduce the dependency from fossil and nuclear fuels•Provides all the necessary engineering to construct optimized solar, ethanol. Bio-diesel and Algae installations.•Backed by more than 10 MWp of development experience in Italy –one of the world’s largest countries of solar PV development.•This wealth of experience , combined with our Germany-based engineering team, ensures impact-less, highly efficient installations tha over-perform for many decades.
K5 Green Energy Inc Construction & MaintenanceEstablished in 2006, is a privately owned company in the Kidd Teller Park in Loyalist county. Ontario largest green energy production park with solar, Ethanol Biodiesel and Algae production. K5 operates there own 10MW farm ( In the planning stage now) experience ideally suited to efficient, high quality installation of solar PV equipment Efficient and responsive after installation service to all panels and associated electrical system provided by one of the local service offices in Ottawa, Montreal, Kingston, Toronto Hamilton london Sarnia and Windsor.
Ontario’s Energy Market, OverviewOn feb 23rd, 2009, Bill 150- the Green Energy Act (GEA) was introducedOn May 14th 2009, the new act was passed in to law.Ontario’s current energy mix includes approximately 8,300 MW of installed capacity from renewable energy sources.Ontario’s goal is 10,000MW by 2015 and 25,000MW by 2025Although the GTA is in its infant stage, it plans to achive this goal by focosing on making renewable energy projects financially viable
Ontario’s Energy Market, Feed in Tariffs•Bill 150 oblige that all utilities ( I.E. Hydro One) grant
priority grid access to renewable energy projects.•Developers of renewable energy projects will be incentivized•The GEA proposes a revised Feed-In Tariff ( FIT) system, which will mimic Germany’s, Spain’s, and France’s successful programs• The new FIT will ensure a guaranteed return on investment for developers• According to many expert, the GTA has the potential to make Ontario a world leader in renewable energy production and energy conservation.
Renewable, Fuel less Energy
Cellulosic Ethanol’/ Bio Diesel
Option 1: Lease Roof Space
Option 2: Own the Solar Installation
Ontario’s Energy Market, Opportunities? The highest FIT’s proposed are for development of solar Photovoltaic (SPV) systems These systems come in two formats;• Ground MountedRoof Mounted
The Highest Fit is for roof mounted systems with a regressive fee based on increasing size. Agreement with the Ontario Power Authority ( OPA) have a minimu, duration of 20 years,
Lease your Roof Space- generate income from
an underutilized Asset•Your roof space can be leased to a solar developer to generate a new revenue stream.•Revenue will vary based on design and structural considerations •( approx, 30 cents/sq used/year)
•No investment required•System does typically not require any roof penetration nor interferes with exsiting roof usage.• Design and installation process completed in a transparent manner with building owner.
Q: How much of my electric bill will be eliminated with a Solar Solution? A: The amount that your electric bill can be reduced depends on many factors. Your ability to manage your use of electricity (the “load”) is important. If your house’s “load” is 7 kWh AC, and your PV system has an AC output of 7 kWh – then your electric bill will be very little (less than $100/year). If your house’s “load is 12 kWh AC and your system’s AC output is 6 kWh, your expectations should be for an electric bill reduction by ½ of the previous year’s. Remember that if you add electrical devices (more televisions, computers, freezers, room additions, etc.,) that increase your “load” after installing a PV system – you will be using more electricity.Q: Will my roof support the weight of all that equipment? A: At the time of your home purchase, it was approved as meeting Uniform Construction Code (UCC) guidelines and specifications (to hold >75 lbs/square foot). Solar Photovoltaic (PV) panels for residential installation have been designed to be compliant with these building codes. A PV system will be well supported on roofs that meet code (PV system adds <3lbs/square foot) to a roof load. If you’re unsure about your roof still meeting code due to age or other conditions – Solar Home Energy Solutions can help you with a building engineer’s analysis
Q: What if it snows/ ices heavily? A: Accumulation of snowfall or ice will diminish the system’s output if the panels are covered. You will notice however, that the solar panels are located on the sunnier side of your roof and that snow and ice will melt fastest in this area. Bottom line, you don’t need to do a thing if they are covered in snow or ice. PV systems work well in sunlight (whether it is hot or freezing). Once the snow and ice melt or blow off the panels, they will start to generate electricity
Q: How much of my electric bill will be eliminated with a Solar Solution? A: The amount that your electric bill can be reduced depends on many factors. Your ability to manage your use of electricity (the “load”) is important. If your house’s “load” is 7 kWh AC, and your PV system has an AC output of 7 kWh – then your electric bill will be very little (less than $100/year). If your house’s “load is 12 kWh AC and your system’s AC output is 6 kWh, your expectations should be for an electric bill reduction by ½ of the previous year’s. Remember that if you add electrical devices (more televisions, computers, freezers, room additions, etc.,) that increase your “load” after installing a PV system – you will be using more electricity
Invest in your own Roof space – to generate attractive returns, while significantly increasing the value of your biulding•Investment varies depending on rooftop capacity:•About * $ Can 350,000 for a 250 KWp installation ( * 80% debt, 20% equity)
•Guaranteed IRRs range between : 11 and 13% depending on the size of the project, connectivity cost ,cost of debt, and location of the building.•Typically cash flow positive after the first year, yielding over a period of at least 20 years, mostly extendable foe an additional 5- -10 years.
Q: What if it snows/ ices heavily?
A: Accumulation of snowfall or ice will diminish the system’s output if the panels are covered. You will notice however, that the solar panels are located on the sunnier side of your roof and that snow and ice will melt fastest in this area. Bottom line, you don’t need to do a thing if they are covered in snow or ice. PV systems work well in sunlight (whether it is hot or freezing). Once the
snow and ice melt or blow off the panels, they will start to generate electricity.
Example installation ( 249 KWP )•Required space 25,000-50,000 sqft•Expected electricity production 275.000KWh per year•Average income ( revenue-/- operation cost) $ 190.000 per year•For a period of 20 years•Own investment* $ 375.000• Total net cash flow ( over 20 years) $ 1 m( after tax)
Grid-tie solar systems are used for homes in the city. A solar system mounted on a roof can produce same or most of the eletricity consumed in the homes. Most Canadian houses use between 5,000KWh ( very efficient) and 13,000KWh ( not so efficient) per yearSolar system can reduce eletrical consumption by the followingamountArray Size KWh/ per year % typical electrical load
1Kilowatt 1250 12% -25%5 Kilowatt 6250 55% -125%10 Kilowatt 12500 100%- 250%
Tax aspects of solar PV installatios•Accelerate depriciation: advantageus tax facility for solar PV installation•Unused tax losses can be attributed to other sources of income, thereby creating an additional tax brake•Losses that cannot be deducted from other sources of income can be carried forward and claimed against futere income
• Please note : tax situations are specific for eachand every situation and should therefore always be discussed with your tax advisor.• Estimated**Homeowner cost• 3 kWh $23,500.00•5kWh $39,000.00•7kWh $55,000.00•10kWh $71,000.00
Next Step?
• Review the standard lease agreement and if the project seems viable then------•Make available roof structural plants for initial review, If this step is successful ----•Conduct a preliminary site visit to determine other variable factors such as shading, roof impediment, proximity to inter connection, client aesthetic concerns •Provide an initial assessment to the customer• Preliminary review is positive- move to detailed
engineering
Plans not available Measure Building
RoofProject
StructuralPlans?
StructureSuitable
Prepare Proposal
Proposal Accepted
Estimate the costTo re-enforce
Down Payment
Engineering
DownPayment
OrderMaterials
Construction ConnectFinal
Payment
AdminMaintenance
CostTo re-enforce
Cost OK
Building Owenr decition
Sample calculation ( 249 KWp) $ 350.000
Revenue:
Year 1 2 3 4 18 19 20
195.291 195.291 195.291 195.291 1865.125 1865,566 285,010
Operation cost 15,466 15,698 15.933 16.172 19.920 20,219 20,522
Debt service 176,956 170,914 164 871 158 829 0 0 0
Tax 0 0 0 0 52.198 52,418 52,389
Cash out: 192,422 186,611 180,804 175.001 72 118 72,636 72,911
Cash Flow 2,869 8,680 13,901 19,120 114,007 112 930 112 098
Founded in 2005, K5 is an engineering company that manufactures Photovaoltaic panells in Kingston On . K5 also produces Ethanol, Biodiesel and Algae farm To feed stuck the Etanol and Bio diesel K5 Uses only the best equipment from Germany to produce our panels “ automated fulfillment solutions.” Made in Canada for CanadaCEO Joseph Pecorelli
About K5
