N2Electric, Inc.

Why Go Solar? Click on the solar tab at the top of the page for more information!!

• Support environmental commitments by using a renewable energy source

• Reduce greenhouse gas footprint and impact on climate change

• Reduce operating expenses

• Make a public statement

• Create a new room or covering and use panels as shade

The Solar Solution

150kW Solar System is equivalent to:

– 18,000 barrels of oil not produced

– 16.2 million miles not driven

– 66,000 lbs of acid rain emissions eliminated

– 33,000 lbs smog emissions eliminated

– 13.2 million lbs greenhouse gas eliminated

– Planting 30,000 trees

6kW Solar System is equivalent to: still impressive numbers!!

– 720 barrels of oil not produced

– 648 thousand miles not driven

– 2,640 lbs of acid rain emissions eliminated

– 1,320 lbs smog emissions eliminated

– 528 thousand lbs greenhouse gas eliminated

– Planting 1,200 trees

Installation Performance Factors

• Local weather and insulation

• Shading

• Inclination angle

     – Shading

     – Time of Use Rates

• Orientation: S, E or W

General Factors That Affect Size

• Sun exposure

• Electricity demand – lighting is largest electrical load

• Efficiency of system

General Factors That Affect Cost

• System type

• Structural requirements

• Number of panels required

How PV Industry Works

• Manufacturers: manufacture products

• PV Installers with in-house labor: contractors that bid on projects, contract, design, and install (N2 Electric, Inc. falls under this heading)

• PV Companies without in-house labor: contractors that bid, contract, design, and manage outside labor

• Facilitators: sales entities (not contractors) that facilitate bid, design, and installation

• Banks

PV System Types

• Fixed System

• Tracking System

Horizontal Fixed System

• Panels installed at a fixed inclination and direction (0, 5 or 10 degrees)

• Pros: provides shading; structural requirements are less; lower installation cost

• Cons: less energy per kW of PV installed

Horizontal Tracking System

• Panels mounted in the north-south direction that rotate in the east-west direction to track the angle of the sun

• Pros: more energy per kW of PV installed

• Cons: does not provide much shade; higher structural load demands; more expensive installation cost

Financing Opportunities

• Power Purchase Agreements (PPA)

     – Third party finances, installs, and maintains PV panels

     – Project owner locks in utility rate over life of agreement

     – Long term, complex agreement for purchasing power

Financial Incentives and Rebates

• Clean Renewable Energy Bonds (CREBs) for non-profit entities

• State Rebates: Arizona, California, Colorado, Hawaii, Florida, New Jersey, New Mexico, Nevada, New York, Ohio, Pennsylvania, and Texas

• Net Metering