Below is a repost from one of our sister publications, Windermere Sun:
Sun Rays (credit: Windermere Sun-Susan Sun Nunamaker)
December 19, 2011- Kyle Travis, left and Jon Jackson, with Lighthouse Solar, install microcrystalline PV modules on top of Kevin Donovan’s town home. (Photo by Dennis Schroeder)
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The stage is set. The time is ripe. With the cost of both solar and wind having dropped tremendously in the past three years, solar technology having enabled greater efficiency, the incoming Tesla’s Powerwall, Powerpack solving the storage problem, and Tesla’s integrated and cost effective solar roof… the inevitable Solar-Renewable Tsunami is knocking on our door. Astute green investors and lenders could all hear the knock and are ready to finance solar energy projects and fund power developments of renewable-sustainable energy resources. In the U.S., a mix of federal production tax credits and individual state renewable portfolio standards (RPS) are definitely pushing the market. To better understand various policies and incentives for renewables and efficiency by states, please click HERE. For example, state of CA has 187 such policies and incentives whereas state of FL has 77. Of course the incentives of some of the E.U. nations are also fueling the market. But most importantly, it is the simple fact that the cost of solar have dropped so much that it is now a more secure investment than putting one’s money in the bank (bank has a rate of return of about 0.8%-1.1% without inflation protection whereas investing in solar provides a rate of return ranging from about 3% (in AK without any tax credit or incentive, it is 4.4% with tax credit and incentives) to 24.4% (in HI with tax credit and incentives, location-climate-incentive dependent, and this is with inflation protection).
For a simple Solar Investment Payback Formula:
Total System Cost/Value of Electricity Generated/Your Annual Electricity Usage = Payback Time
1/Payback Time = Rate of Return on Investment
This means:
a 6 kW grid-tied system that costs about $10,000 (subject to market fluctuation, excluding fees and incentives)
The average American household uses 10,932 kWh of electricity per year (source: EIA)
They pay an average of $0.12 per kWh for it
Therefore, using American national averages: $10,000 system price/$0.12 per kWh/10932 kWh per year = 7.62 years = Payback Time
Therefore, 1/Payback Time = 1/7.62 =0.13 1 or 13.1% = Rate of Return on Solar Investment, keep in mind that this is with inflation protection (utility bills are always going up).
At this point, I’d like to share with you all a site that had already done the work for you, state by state, Solar Power Rocks., in figuring out the Investment Return (IRR), with consideration of respective state’s tax credits and incentives.
As a result, there are much opportunities for high yielding rates of return on investment in solar as well as other green renewable sources. In the coming decades, there will be so much transformational developments waiting to be planned out and completed. If you have a project ($multi-million project) in mind, with a plan but insufficient funding, please contact me via: info.WindermereSun@gmail.com so Windermere Sun may be able to introduce you and your plan/project to potential investors/lenders. If you are an angel investor, potential investor or lender for solar projects, please feel free to contact me at: info.WindermereSun@gmail.com so we can spread the sunshine globally while saving our planet earth!
Investment Criteria for Joint Venture Financing: financing for all types of commercial real estate and alternative energy projects. In general, they must meet the following criteria: • The project 5% down or more; • The project must be shovel-ready–defined as ready to break ground in 90 days or less; • The project must be sponsored by an experienced developer with a significant financial stake. • Asset-based loans, including In-Ground Assets; • Corporate expansion loans; • International Funding; and • Hard money loans. Joint Venture Financing Project Types: (NEW DEVELOPMENT ONLY) • Hotel Resorts and Casinos • Assisted Living/Senior Housing • Apartment Buildings/Multifamily Housing • Alternative/Renewable Energy (i.e., solar, wind, hydro, geothermal, etc.) • Green Energy (i.e., biofuel/biodiesel, biomass, waste-to-energy, etc.) • Hospitals and Health Care Facilities • Infrastructure (roads, highways, rail, etc.) • College and University Buildings • Public-Use and Recreational Facilities • Industrial Projects • Other Related Types Locations: USA and International, Joint Venture Financing Terms: • 95% equity financing • Typically three to five year term • Non-recourse financing • No interest payments during term of investment • Minority equity stake in lieu of interest • Take out with permanent financing or sale Time to Closing: 90 to 120 days.
This is a repost from one of our sister publication, Windermere Sun, below:
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Tesla Solar Roof (credit: Tesla/Solar City)
Tesla Solar Roof (credit: Tesla/Solar City)
Tesla Solar Roof (credit: Tesla/Solar City)
Tesla Solar Roof single held up by CEO Elon Musk (credit: Tesla/Solar City)
Tesla Solar Roof (credit: Tesla/Solar City)
Tesla Solar Roof single held up by CEO Elon Musk (credit: Tesla/Solar City)
Tesla Solar Roof (credit: Tesla/Solar City)
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Just weeks after our previous reporting of Tesla/Solar City’s Solar roof, Tesla CEO Elon Musk stated that their Tesla/Solar City solar roof will be cheaper than the conventional/traditional roofing material. Previously Elon Musk said their solar roof would be cheaper, when taking into consideration of the fact that power would be generated from these solar roofs. But now he believes that the cost of manufacturing and installing their solar roofs will be less than the traditional roofs even before taking into consideration of its power generation. Solar City is the largest solar manufacturer and installer in USA. In November of this year, the share holders approved the merger of Tesla and Solar City. Tesla’s solar roofs are expected to hit the market in Summer of 2017.
It’s a no brainer: Tesla/Solar City solar roofs will cost lower, are stronger and last longer, better insulated, and generate power! So when it’s time for you to replace your existing roof or building your roof for the first time, think about Tesla-Solar City Solar Roof!!!
Talk about revolution! Elon Musk continues to lead the charge of this revolution for our Renewable Future!
This is a repost from one of our sister publication, Windermere Sun, below:
Sun Rays (credit: Windermere Sun-Susan Sun Nunamaker)
Sunshine Through Globe of Epcot (credit: Susan Sun Nunamaker)
(Please click on red links & note magenta)
Here is an update of a very meaningful project/campaign of one of our own Central Floridians, Marshall Pitcairn, owner of ZEAL (Zero Energy Apartment Living) apartment. Mr. Pitcairn is a Renaissance Man with background and experience in both computer science and entertainment. He is a single parent, juggling his time between parenthood and starting up a project initially near UCF campus and hopefully to spread to rest of the Florida and USA, during our transition toward the Clean and Renewable Future. The idea of reducing the cost of utility bills as much as possible for apartment tenants (via solar energy) is brilliant and definitely the right direction for our renewable future.
“ZEAL Apartments are fully powered by renewable energy, with enough to cover everybody’s normal usage for today, so you don’t have to skimp on your amenities,” Marshall Pitcairn comments, “The electricity is included in the rent, and the rent will be comparable to other apartments in the area. ZEAL Apartments offer to hassle sustainable living to renters and a better ROI for investors.”
This Indiegogo campaign will help to raise the funds for starting building the first ZEAL Apartments. Any of solar supporters, clean/renewable energy enthusiasts, or community supporters, this is your chance to help to participate in a meaningful project in spreading the sunshine. In exchange for pledging to the project, backers can gain access to a variety of rewards, including a spot on the waiting list to live in a ZEAL Apartment for $20, a spot on the waiting list and the choice of a ZEAL logo t-shirt, coffee mug, or tote bag, and more. Backers can also pledge $100 for a spot on the waiting list and personal thank you phone or skype call from the owner of the ZEAL Apartments. To find out more about this campaign or ZEAL Apartments, please contact Marshall Pitcairn via: 321-960-2630, marshall@zealapartments.com .
