Solar Energy : Here Comes the Sun!!!
June 28, 2012
Hannah Solar Story• 5-year-old Renewable Energy Solutions Provider
• Installed over 7 MW of solar capacityo Largest and Highest Commercial Roof Mounted array in Georgia
• Our team has 100 + years combined experience in the energy, electrical and construction industries
• Services include turnkey installation of roof, ground and tracking solar arrays as well as critical back-up power and EV charging infrastructure.
My Story
• University of Georgia Class of 2009 • Work History
o Insurance Payment Policy Management Company o Hannah Solar
– Business Development – 1 Year mark last week» Collaborated on nearly 25 Solar Projects» Help companies and individuals hedge their energy costs for the
future by owning their own utility
Common Solar Myths…
• Solyndra means bankruptcy for the entire industry…• Different technology
which couldn’t compete• My lights will go out if it’s
cloudy!• 98% Grid – tied
• Solar is a fad…• FedEx, UPS, eBay, Hewlett
Packard Google, Apple and the U.S. Air Force
Nellis Air Force Base 14 MW!!!
America’s Greatest Resource!
Solar Saves Us All Money!• Energy prices are most expensive when demand is highest
June – September 2pm – 7pm
• Solar energy production is highest during these peak demand times
• Solar reduces customer demand for the utility’s peak (most expensive) power which makes energy less expensive for all ratepayers
Solar - We Will Lead!
The economics are in your favor, right now!
THE ECONOMICS
Solar - We Will Lead!
NEW NUKE IS GOING TO BE FAR MORE EXPENSIVE THAN SOLAR . . . FOR FAR LONGER . . .
Nuclear Power is ‘Base Load’ delivered for approximately $.04 per kWh
Vogtle 3&4 - $14,000,000,000 – 2,200 MW – 10+ Years to Build
Solar - We Will Lead!
SOLAR & NUCLEAR COSTS – HISTORIC CROSSOVER Dr. John O. Blackburn & Sam Cunningham
NC WARN: Waste Awareness & Reduction Network (July 2010)
2007$8 /Watt Installed
100KW = $800,000Generates 160,000 kWh/year
30 Year Generation = 4.8mCost Per kWh = $.19/kWh *
2009$6.25 /Watt Installed
100KW = $625,000Generates 160,000 kWh/year
30 Year Generation = 4.8mCost Per kWh = $.15/kWh *
2012$3.50 /Watt Installed
100KW = $350,000Generates 160,000 kWh/year
30 Year Generation = 4.8mCost Per kWh = $.09/kWh *
Delivered Cost per Kilowatt Hour (kWh) without incentives
* Assumes 30 years of operation & maintenance and capital at 6%.
Solar - We Will Lead!
$450,000 (56%) price reduction in 5 years!
2012$3.50 / Watt Installed
100KW = $350,000Generates 160,000 kWh/year
30 Year Generation = 4.8mCost Per kWh = $.09-$.11/kWh *
Delivered Cost Per Kilowatt hour (kWh) with incentives
* Assuming 30 years of operation, normal operational costs and capital at 6%.
Federal Incentive: 30% = -$1.05Depreciation: 25% = -$.875Final Cost Per Watt Installed: $1.58
Cost Per kWh over 30 Years = $.033/kWh
Solar - We Will Lead!
Solar Has Reached Grid Parity!
Solar Options
12 Panel Tracker Lanier Tech
200 kW Ground Mount
30 kW Solar Canopy LOHR
355 kw Roof Mount HP1 2
34
Hewlett Packard Data Center • 355 kW Ballasted Flat Roof Array Panel Claw – Andover, Massachusetts
• 1,420 Mono-Crystalline Solar Panels Suniva - Norcross, Georgia • Industrial Grade Inverter PV Powered – Portland, Oregon • 21 days to install with local labor and electrical work• Grid-Tied System on Georgia Power
Hewlett Packard Data Center • Array will produce 17,000,000 kWh over 30 yrs.
• That is $.033 / kWh hedged for 30 years VS. peak rates of $.36 per kWh and RISING!!!
• 30 years of Savings: $2 - $5 M
100 kW Solar Array in Georgia
3 Year Cost Recovery!!!
Thank You Gwinnett Chamber of Commerce!