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Realtor Solar Overview California Solar Initiative Updated 07.16.12.

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Presentation on theme: "Realtor Solar Overview California Solar Initiative Updated 07.16.12."— Presentation transcript:

1 Realtor Solar Overview California Solar Initiative Updated 07.16.12

2 California Solar Initiative 22 CSI Overview Created by Senate Bill 1 (SB1) and launched in Jan. 1, 2007 Under direction of the California Public Utilities Commission (CPUC) PG&E SCE California Center for Sustainable Energy (SDG&E)

3 California Solar Initiative 33 Goals Statewide goal of 3,000 megawatts (MW) of solar-produced, grid-connected electricity by Dec. 31, 2016 Reduce peak demand on electric grid Help create a sustainable solar industry in California

4 California Solar Initiative 4 Solar Installations Ground-mounted PV Building-integrated PV

5 California Solar Initiative 5 Solar Installations (cont’d) Roof-mounted on Spanish tile

6 California Solar Initiative 6 CSI Homeowner Benefits Can increase the value of your home SCE Customer Case Studies Homes SpecsBill Before Bill After Solar Savings Per Year ROI 3,500 sq. ft. home; 5.4 kW; 32 panels $300$20$3,36012-13 Years* 2,500 sq. ft. home; 3 kW; 30 panels $200$10$2,2808-9 Years* *Calculations based on $8 per kW solar system

7 California Solar Initiative 7 PV System Cost Example for a 4-kW System at $7 per Watt $28,000 System Cost - $1,400 Approx. SCE Incentive $26,600 Net Cost - $7,980 30% Investment Tax Credit $18,620 Approx. Final Cost Example for a 4-kW System at $6 per Watt $24,000 System Cost - $1,400 Approx. SCE Incentive $22,600 Net Cost - $6,780 30% Investment Tax Credit $15,820 Approx. Final Cost Resources for Tax Credit Info www.irs.gov www.dsireusa.org

8 California Solar Initiative 8 Ways to Purchase Solar 75% Lease or Power Purchase Agreement 25% Pay Cash Home Equity Line of Credit City Programs Banks & Credit Unions

9 California Solar Initiative 9 1) Everyone Needs to Complete an Energy Efficiency Self-Audit 2) Select a Solar Installer Get at least three estimates List of solar contractors online: www.californiasolarstatistics.com/search/contractor/ www.gosolarcalifornia.ca.gov/retailers/search-new.php Contractors State License Board and the Better Business Bureau www.cslb.ca.gov & www.bbb.org 3) Contractor will Submit an Application to Reserve Funding & Interconnection Application to connect to the grid 4) Install Your System How to Participate in CSI Program

10 California Solar Initiative 10 5) Permission to Operate on SCE’s Power Grid (Interconnection) 6) Submit Your Incentive Claim Form 7) Collect Your Rebate How to Participate in CSI Program (Cont’d.)

11 California Solar Initiative 11 KEY POINTS TO REMEMBER Make sure your home is as energy efficient as possible before selecting a solar system Get three bids before selecting a reliable contractor Make sure you ask the cost per watt! Solar panels should be free of shade on a south- or southwest-facing roof Important to keep solar panels clean for optimum performance. Consider the life of your roof before install

12 California Solar Initiative 12 SCE CSI Contact Information & Resources CSI Support & Web Address Email: CSIGroup@sce.com Web site: www.sce.com/gosolar Phone Support: (866) 584-7436 Interconnection: (626) 302-9680 General Questions: (800) 799-4177 Go Solar California! Web site: www.gosolarcalifornia.ca.gov

13 California Solar Initiative CSI Thermal (Solar Water Heating) 13

14 California Solar Initiative 14 CSI Thermal Overview Overview CSI Thermal offers rebates to customers who install solar water heating (SWH) systems on their home or business. Program ends 12/31/16 for electric and 12/31/17 for gas Incentives The total incentive budget for gas- and electric-displacing SWH systems is $280.8 million $180 million for gas-displacing SWH systems Up to $100.8 million for electric-displacing SWH systems Program Administrators SCE pays incentives on electric water heating backup only Southern California Gas pays incentives for gas water heating backup only

15 California Solar Initiative 15 CSI Thermal Program Goals Program Goals Significantly increase the size of the SWH market in California by increasing the adoption rate of SWH technologies Statewide goal of 275.7 million kWh/year electric-displacing, 585 million therms of natural gas for thermal-displacement Support reductions in the cost of SWH systems by at least 16% through a program that increases market size and encourages cost reductions through market efficiency and innovation. Increase consumer confidence and understanding of SWH technology and its benefits. Engage in market facilitation activities to reduce market barriers to SWH adoption, such as high permitting costs, lack of access to information and lack of trained installers.

16 California Solar Initiative 16 How Much Does a System Cost? Per last quarterly progress report through June 30, 2011: Average Project Cost per Electric single-family system is $7,426 Average Project Cost per Natural Gas single-family system is $8,495 $7,426 Avg. Single-Family System $1,263 SCE Incentive (Max.) --------- $6,163 Net Cost $1,849 30% Investment Tax Credit --------- $4,314 Final Cost

17 California Solar Initiative 17 CSI-Thermal Training Contractors and Self-Installers are required to complete a mandatory CSI-Thermal Training The training will cover an overview of the program, application process and an inspection checklist that identifies what the inspectors will be looking for To attend one of the trainings, please visit our Web site at www.sce.com/csithermal The contractor must hold an A, B, C4, C36 or C46 license

18 California Solar Initiative 18

19 California Solar Initiative 19 CSI Thermal Resources & Contact Info Resources CSI Thermal Program Web Site (includes eligible contractors, calculator and program handbook): www.csithermal.com Go Solar, California: www.gosolarcalifornia.ca.gov SCE’s CSI Thermal Web site: www.sce.com/swh California State License Board: www.cslb.ca.gov Contact Info Southern California Edison: Phone: (866) 584-7436 Email: CSIThermal@sce.com Web site: www.sce.com/csithermal Southern California Gas Co.: Phone: (800) Gas-2000 Email: swh@SoCalGas.com Web site: www.socalgas.com/rebates/solar/

20 California Solar Initiative Q & A 20

21 California Solar Initiative Thank You for Coming! 21


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