Alternative Energy Solution Presentation for the Carolina Panthers
- 1. Presented by: Joey Kalchbrenner Jr. Steven Richmond Nick Gallaway Francis Brady Clark Erwin
- 2. Power Source
- 4. Solar Energy Solution Solar Electric Supply Inc.: Providers Solar Electric Supply, Inc. is a leading system integrator & wholesale supplier of grid tie solar systems, residential solar systems, commercial solar systems and industrial off grid solar systems. Volume discount wholesale pricing on pallets and containers.
- 5. NRG Energy Inc: Solar Energy NRG Energy, Inc. owns and operates power generation Solution facilities. Providers NRG Energy Inc.is engaged in the ownership, development, construction and operation of power generation facilities NRG Energy Inc. has also worked with Bank of America on the world’s largest single effort to put solar panels on rooftops. This solar project is around $2.6 billion, according to CNN Money’s Charles Riley.
- 7. SolarBlue: Solar Energy Solution SolarBlue is a developer of renewable energy projects. Providers SolarBlue was created with the intent of increasing awareness of methods to protect the environment by providing energy conservation and generation solutions. Solar Blue currently has worked or is currently working on stadiums and arenas for the Philadelphia Eagles, Boston Red Sox and the University of Florida Gators.
- 12. Proposed Designs
- 13. Carolina Panthers Current Energy Cost Currently uses: 13,350,000 (kwh/yr) x $0.08 Commerical Average Per Kwh $1,068,000.00 Yearly Cost
- 14. Carolina Panthers Proposed Solar System ROI $7,772,000.00 System Cost + Installation (Pre Tax Incentives) – $2,331,600.00 State Tax Incentive (35%) – $1,904,140.00 Federal Tax Incentive (30%) $3,536,260.00 System Cost (Post Tax Incentives) ÷ 20 Est. Life Expectancy (Years) $176,813.00 Yearly Cost
- 15. Carolina Panthers Proposed Solar System ROI 3650 Hours Per Year (365 Days/Year x 10 Hours/Day) x $80.00 Kwh Per Day $292,000.00 Total Cost If Purchased From Duke
- 16. Carolina Panthers Proposed Solar System ROI $3,536,260.00 System Cost (Post Tax Incentives) ÷ $292,000.00 Total Savings Per Year 12.11Breakeven In Years
- 17. Overall Savings $292,000.00 Total Savings Per Year x 7.89 Remaining After Breakeven $2,303,880.00 Overall Energy Savings
- 18. Overall Savings For an initial investment of $3.5 million, a 20 year solar system will save the Carolina Panthers $2.3 million. Netting a 65% return!!!!!
- 19. Final Word