1. Solar Electricity for Indiana Adapted from: “ Solar Electricity for Illinois” With permission from The Illinois Solar Energy Association www.illinoissolar.org 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org August 16, 2011 NWI Green Drinks
2.
3.
4.
5.
6. Some basics: Solar electrical energy is mostly from the Visible range of the solar spectrum 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org The Sun’s energy: about 51% is in Infrared about 46% is in Visible light about 3% is in UV radiation
7.
8. Primary Fossil mix in the US Electric Grid (from the US EIA) 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org * 96% of Indiana’s electricity comes from burning coal *
9. Primary Fossil energy costs are rising rapidly 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org US EIA sources 2003 2004 2005 2006 Natural Gas Residential Price/MMBTU $9.63 $10.75 $12.81 $13.75 Natural Gas Electric Utility Prices/ MMBTU $5.57 $6.11 $8.45 $7.09 Bituminous Coal $/Ton $25.82 $27.30 $30.98 $31.70 Uranium Hexafluoride/lb $10.81 $12.61 $10.40 $13.90
10. 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org Chart compliments of Indiana Utility Regulatory Commission. Energy Prices are on the rise
11.
12. 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org What’s Driving Energy Prices/Costs? Supply/Demand Political Factors Environmental War, Terrorism, Sanctions, Price Fixing = most attention Weather Patterns, “Natural” Disasters, Pollution = some coverage Population, Economic Growth, Resource Depletion = little to no attention or coverage
13. There is a global Paradigm shift underway in energy generation 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org Mining energy – petroleum, coal, natural gas, uranium Harvesting energy – solar, wind, water, earth, biomass Living off capital Living off interest
14.
15.
16. Or a Better question: What can harvesting the Sun do for you? 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org What Can tapping the Sun do for Indiana?
17. But first: What does Photovoltaic Power Look Like? 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org
18. Merrillville Town Hall Roof Mounted 5 kW Photovoltaic Array 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org
24. PV Works Well in Indiana 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org A solar electric system will work about as well in Indiana as one in Miami, Florida, around 88% . A PV system in Indiana can out-produce a Miami system in the summer . PVWATTS simulation – Natl Renewable Energy Lab, 1 kW AC, 30 degrees fixed angle due south
26. More BIPV 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org Thin film on standing seam in the UK On railings in Denmark Skylights in The Netherlands New housing in Arizona
28. Large Utility Scale PV Arrays 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org
29. More Large Utility Scale PV Arrays 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org
30.
31. Economic Values of Solar Electricity 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org Energy savings (return on investment and “payback”) Incentives Indiana $0 from state for residential systems, some grants for commercial, non profit, K-12. 30% Federal Tax Credit. Property tax exemption. NIPSCO FIT. Typical residential payback now under 10 years! Commercial systems now under 5!! ( Illinois 30% State rebate plus Federal Tax Credit) Capital asset (additional home value at re-sale is often close to initial investment) Visit http://www.dsireusa.org/ to see incentives from other states then write your member of congress and ask why we don’t have any incentives in Indiana!
32. Other Values of Going Solar 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org Pride in Ownership (satisfaction in taking part in solutions!) Greater Self Reliance/Resilience (Lower energy bills/locked in rates. Less dependence on foreign energy sources increases national security) Environmental Benefits (reducing carbon & mercury and other toxic emissions, not generating as much radioactive waste)
33. Cost of Solar Electricity (caveat!: all values estimated ) 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org Grid-Tied System Now most common system in the United States PV Hybrid Partial battery backup Off-Grid Full battery bank, perhaps a generator for backup For a 2.5 kW ( Half a typical home’s energy use) 2.5 kW (1/2 typical home) 4 kW to 7 kW (Typ. Home, but assumes making EE improvements) $14,000 to $20,000 (30% rebate excluded) (tax credit excluded) $25k + (rebate? batteries not included) $35k +
34. Cost of Solar Electricity (caveat!: all values estimated) 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org Inverter warranties increasing/added value with extended warranties Grid-Tied System PV Hybrid Fully Off-Grid 2.5 kW 2.5 kW 4 kW to 7 kW Savings in utility cost at CURRENT utility rates: $350-400/yr $350-400/yr $800-$1,400/yr Annualized Maintenance $100/yr amortized cost of inverter replacement $150 -$300/yr inverter replacement & battery maintenance $350 -$450/yr inverter replacement & battery maintenance & replacement
35.
36.
37.
38.
39. Where might PV fit in as home improvement value? 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org Cost Vs Value 2004 NAHB survey Investment PV Remodel Equivalent Cost vs. Value $10,000 1 kW Mid-range bathroom remodel 90.1% $20,000 2 kW Mid-range bathroom addition 86.4% $30,000 3 kW Sunroom addition 70.8% $40,000 4 kW Major kitchen remodel mid-range 79.4% $50,000 5 kW Basement remodel 70.8%
40. Resale Value 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org Home Improvement Net Investment Resale Value % Return Deck addition $6,300 $6,700 104% 4.3 kW PV system $23,000* $22,000 95% Bathroom remodel $10,100 $9,100 89% Window replacement $9,600 $8,200 85% Kitchen remodel $44,000 $33,000 75% Source: After California incentives Solar Today Magazine 5-6/2006 – info from Remodeling Online and NREL
41.
42.
43.
44.
45. First Saturday in October (Oct 1, 2011) ASES.org 08/16/11 Indiana Renewable Energy Association http://www.indianarenew.org - X