Delta SunEnergy Economic Benefits of Solar for Arkansas Farmers Presented by Justin Cleveland & Douglas Hutchings of Delta SunEnergy “Harvest the Sun”
Solar Becomes Economically Attractive in Arkansas Falling Costs Modules Costs Dropped 99% since 1976 80% since 2008 ¢/kWh Solar Becomes Economically Attractive in Arkansas
Ideal Location The Arkansas Delta is ideal due to: Flat land (with no rocks!) Plenty of sun Higher than average electric costs Available labor Easy to Install Highly Scalable
Grain Bins 200kw solar system on 1 acre 312,000 kWh generated annually Equivalent of 31 homes powered for a full year 380,640 lbs of CO2 emissions saved yearly $26,520 estimated annual savings
Irrigation Wells 179kw solar system 279,000 kWh generated annually Equivalent of 27 homes powered for a full year 340,380 lbs of CO2 emissions saved yearly $25,000 estimated annual savings
Other Applications 150kw solar system 230,000 kWh generated annually Equivalent of 23 homes powered for a full year 280,600 lbs of CO2 emissions saved yearly $20,125 estimated savings annually
Attractive Financials $600,000 Project Cost $196,980 Other Tax Benefits (Depreciation) $180,000 Federal Tax Credit $223,020 Final System Cost $39,015 Annually in Electric Production 19.20% Annual Returns ***Additional Potential Savings Through USDA REAP Grant
Real-Time Monitoring Actively Monitor Your System Real Time Energy Production Daily, Monthly, Yearly & Lifetime Production Reports Savings Calculated Based on Your Customized Metrics Individually Monitor Panel Production Full Accountability
Delta SunEnergy Justin Cleveland – justin@deltasunenergy.com Douglas Hutchings – doug@deltasunenergy.com Delta SunEnergy “Harvest the Sun”