1. Converting a House to Solar Energy By Matt Duty

2. What is solar energy? Energy from the Sun How can it power my house?

3. What are my options? Grid-tied – Utility power can be used if needed – Any excess power can be sold to utility company Grid-tied with battery backup – Excess sent to utility company and stored for backup Off-grid – Complete power independence Emergency backup – Solar power stored for backup Tax breaks? 30% Federal tax credit with no limit 35% NC State Tax Credit up to $10,500 NC State Property Tax Abatement – 80% reduction of upgraded value on property tax

4. Cost Comparison Based on 2,000 kwh consumption per month Solar Energy Solar equipment with 25 year warranty  $20,026.44 Minus tax credits  $20,026.44 – $13,017.19 = $7,009.25 Duke Energy Monthly bill from utility company  $220 per month  $2,640 per year  $66,000 over 25 years MonthlyYearly25 Years Duke Energy$220$2,640$66,000 Solar Energy$23.37280.377,009.25 Savings with Solar$196.63$2,359.63$58,990.75 Figures are approximate and individual results may vary Does not reflect using utility power or selling excess power Information based on the cost of basic Grid-tied solar equipment Maximum energy efficiency is recommended prior to system installation

5. Sources "DSIRE." : Incentives/Policies by State: North Carolina : Incentives/Policies for Renewables & Efficiency. N.p., n.d. Web. 22 July 2014.. "Enthusiasm for Solar Panels Is Contagious (Wired UK)." Wired UK. N.p., n.d. Web. 04 Aug. 2014.. "Grid-tie / Off-grid Kits, Solar Panels, Home Backup." Solar Panels, Grid Tie / Off-Grid Kits, Backup Power. N.p., n.d. Web. 22 July 2014.. "Solar Power." Alternative Energy. N.p., n.d. Web. 04 Aug. 2014..