Presentation on theme: "Time to Go Solar with Solarize U Gain energy independence Have more disposable income Increase the value of your home, but not property taxes State Sponsored."— Presentation transcript:
Time to Go Solar with Solarize U Gain energy independence Have more disposable income Increase the value of your home, but not property taxes State Sponsored Incentives Financial Options www.SolarizeU.com
How Solarize U Works Qualified Installers Brings multiple quotes to YOU Choice of product Choice of design Choice of financing Competitive price Personal Solar Advisor Answers & Advice to Help You Find What is Right for You!
What Makes a Home Solar-Friendly? ▪Ample sunlight, with little shade ▪Southerly exposure ideal, 35 degree pitch is optimal, but other configurations also work like east/west exposure & angle ▪Roof in good condition, ground mounted system may be an option
State and Federal Solar Incentives Connecticut Green Bank $.540/watt up to 10 kW $0.40/watt from 10-20kW Incentives may be adjusted based on site conditions Installers will handle all rebate applications with the Green Bank Federal Tax Credit 30% of project costs net of rebate
Purchase Example – 7 Kw System* Average Total System Cost: $27,860 CT Green Bank Rebate: -3,402 Out of Pocket Investment: 24,458 30% Federal Tax Credit: -7,337 Final Investment: $17,121 * 7 Kw System with an average of $3.98/w Actual prices will vary based on installer and adders
Smart-E Loans ▪Residential loan product for CT homeowners ▪Low-interest financing with flexible terms ▪Unsecured loan ▪Easy application through local lenders ▪40+ energy improvements 2.99% interest for 10 years ▪No dealer fees
CT Solar Lease 20-year lease for CT homeowners Credit scores ≥ 640 and DTI ≤ 45% Escalating (2.99% per year) or fixed lease options available May also buy down up to 50% of the value of future lease payments (9-10% discount on total obligation) No money down* If Total System Cost <= $4.50 per Watt Transferable if you sell your house Not available for ground mounts
What if Solar Doesn’t Work For Me? Some homes in CT may not be suitable for solar For information on programs and financing to help you reduce energy use and save money, please visit: http://EnergizeCT.com
Energy Efficiency Realize greater energy and cost savings through energy efficiency measures Must complete an energy audit on your home before receiving rebates for solar, insulation or other measures Home Energy Solutions (HES) program offered through UI or Eversource – Services Include: Blower door-guided air sealing Duct sealing Water-saving measures 40 CFL light bulbs Log onto energizect.com for more information
Questions? Bob Wall, CT Green Bank Bob.firstname.lastname@example.org 860-257-2354 Kate Donnelly, SmartPower email@example.com 860 604-4846
You must signup by August 31, 2015! Program Deadline Help spread the word so Solarize U – UCONN is a success!
Questions? Bob Wall, CT Green Bank Bob.firstname.lastname@example.org 860-257-2354 Kate Donnelly, SmartPower email@example.com 860 604-4846 Solarizect.com/UCONN