Proposal for a

Municipal Turn-key
PV Solar System
Prepared October 31, 2016 for

Mr. Brannon Godfrey

Town Manager
Town Of Warrenton
18 Court St
Warrenton, VA 20186
Phone: (540) 347-1101
Email: bgodfrey@warrentonva.gov

Prepared by
Ben Glenzer

SSFA
227 Town Branch Terr.
Leesburg, VA 20175
Phone: 571.252.9717
Email: Bglenzer@solarsolutionsforall.com

Executive Summary
Electric Utility Savings: For the first year alone anticipate a savings of approximately $10,056 at current electric utility rate. The
purchase of electric energy (kWh) from your utility is expected to be reduced by 100%.
Over 25 years (guaranteed life of the system), annual utility savings are anticipated to average $15,527, for a total utility savings of
$388,163.

Performance Summary
Solar Electric (PV) System: 55.8 kW DC (53.847 kW AC) producing 91,557 kWh/Year.

Page 1 - All rights reserved 2016, SSFA

Solar Electric (PV) System Details

Tilt: 18o Azimuth: 180o Non-penetrating

Roof Mount
Shade reduces production: 0%
PV Panels:

180 x Suniva, Model: OPT310-72-4-100 US

MADE or similar

Inverters:

180 x Enphase Energy, Model: C250-722LN-S2 or similar

Included: All permits required by local and state building codes. DC/AC safety switches, disconnects &
combiner boxes to code. Cables, connectors, wires as needed. SSFA manages utility net
meter approval & installation. Remote internet based monitoring/alerts setup assuming a
reliable ethernet/wifi connection.

Contract Price Summary: Solar Electric (PV) System

Contract Amount:

$108,400 ($1.94 per watt DC)

Net Cost at Install (after incentives):

$108,400

Net Installed Price per Watt:

$1.94 per watt DC ($2.01 per watt AC)

Total Incentives available to Customer in Later Years *:

$21,516

* - SREC Program (out of state assumes ave. of $10 per MWh for 10 years)
Net-Present Cost:

$96,110

Financial Ratios
Cashflow Payback:

8.9 years

Internal Rate of Return (IRR): 11.8%

Finance:

Page 2 - All rights reserved 2016, SSFA

Cash

Carbon Footprint
Your carbon footprint will be reduced. Over the life of your system 1,877 tons of carbon dioxide (CO2) will be eliminated from your
footprint. Equivalent to:

Planting 43,734 trees.

Driving reduced by 3,754,000 auto miles, or 191,454

gallons of gasoline.

Recycling 5,931 tons of waste instead of sending it

to landfill.

Displacing CO2 emissions from the annual electric

use of 213 homes.

1,828,989 pounds (914.5 tons) of coal burned.

and you will help avoid the use of up to

45,778,500 gallons of water by Thermoelectric
Powerplants.

Page 3 - All rights reserved 2016, SSFA

Utility Energy Summary: Electric

Electric Utility Rates
Current Rate

Post Project Rate

Fixed Price per unit $0.1000/kWh

Fixed Price per unit

Tiered Rate:

No

Tiered Rate:

No

Time-of-Use Rate:

No

Time-of-Use Rate:

No

Demand Charges:

No

Demand Charges:

No

Summary of Utility & New Source Electricity

Electric by Month (kWh)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

Monthly Use

5,800

5,900

5,300

6,400

5,300

9,300

10,500

11,600

10,800

8,300

6,600

5,600

91,400

Historical Cost

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

Entered into Software (historical)

Estimated by Software at Current Rates

Estimated Use

5,800

5,900

5,300

6,400

5,300

9,300

10,500

11,600

10,800

8,300

6,600

5,600

91,400

Current Cost

$580

$590

$530

$640

$530

$930

$1,050

$1,160

$1,080

$830

$660

$560

$9,140

PV Production

(5,236)

(6,222)

(7,673)

(9,893)

(9,780)

(8,175)

(8,322)

(8,030)

(7,241)

(8,436)

(7,637)

(4,912)

Post Project Use

564

(322)

(2,373)

(3,493)

(4,480)

1,125

2,178

3,570

3,559

(136)

(1,037)

688

(157)

Post Project Cost

$56

$0

$0

$0

$0

$113

$218

$357

$356

$0

$0

$(1,100)

$0

17%

14%

13%

12%

25%

26%

29%

29%

18%

17%

18%

Production Self-Consumption Percent:

18%

Net-Meter Credit Values: Amounts Accrued and Applied to Post-Project Cost

Value Accrued in Month at Utility Retail Rate:

Value Applied

$0

$(32)

$(237)

$(349)

$(448)

$0

$0

$0

$0

$(14)

$(104)

$0

$(1,184)

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$(1,169)

$(1,169)

With Estimated Performance-Base Incentive (PBI) Values (First Year of 25 years shown)
PBI Value

$(52)

$(62)

$(77)

$(99)

$(98)

$(82)

$(83)

$(80)

$(72)

$(84)

$(76)

$(49)

$(914)

Post-Project Cost with PBI Values

$4

$(62)

$(77)

$(99)

$(98)

$31

$135

$277

$284

$(84)

$(76)

$(1,149)

$(914)

Page 4 - All rights reserved 2016, SSFA