Renewable Energy Tax Credits

www.RenewableEnergyTaxCredits.com

What is the Solar Investment Tax Credit?

On October 3, 2008, the Emergency Economic Stabilization Act of 2008 was passed (H.R.1424). 

Division B of this bill includes the "Energy Improvement and Extension Act of 2008." This landmark legislation extends critical Federal Investment Tax Credits for solar customers and other renewable energy projects and contains $18 billion in incentives for clean and renewable energy technologies, as well as for energy efficiency improvements. 

As part of this legislation, Solar Investment Tax Credits (ITC) have been extended for 8 years - through December 31, 2016. 

Here are the key provisions for Solar Investment Tax Credits:

• The 30% federal investment tax credit for both residential and commercial solar installations is extended for 8 years through December 31, 2016. 
  

• Eliminates the $2,000 cap on the tax credit for the purchase and installations of solar electric on residential properties.
  

• Addition of small wind energy and geothermal heat pump projects as qualifying installations for tax credits.
  

• Utilities may now benefit from the credit as eligible tax credit recipients.
  

• Extends through 2009 the authority to issue clean renewable energy bonds.
  

About Us

Our company develops "turnkey" solar energy systems for commercial industrial and utility  clients.  Our minimum size project is 100 kW.  We upgrade "brown" buildings to green buildings through our "Net Zero Energy Buildings"^sm programs, that can completely eliminate a company's Greenhouse Gas Emissions, while reducing their energy expenses!

We also provide Demand Side Management, Energy Efficiency Measures, Solar Cogeneration^sm, Solar Trigeneration^sm and other renewable energy project development services.

We work closely with our attorneys and affiliated sources that prepare and promulgate Power Purchase Agreements, Energy Purchase Agreements, Energy Service Agreements for our clients that have our company install, own and operate one of our cogeneration, peak-shaving, solar cogeneration, solar trigeneration or other renewable energy solutions for their qualified commercial businesses.

What is a Power Purchase Agreement? 

A Power Purchase Agreement is similar to an Energy Purchase Agreement or Energy Service Agreement wherein our clients agree to buy either the power (electricity) or the power and energy (hot water, steam and/or chilled water for air-conditioning) directly from us, for a term of 10 to 20 years, where we have installed, own and operate our cogeneration, peak-shaving, or trigeneration energy systems. This may also include our Solar Cogeneration or Solar Trigeneration energy system.

In nearly every case, once we have installed our cogeneration, peak-shaving, or trigeneration energy system at our client's commercial facility, we can immediately reduce our (commercial) client's electricity expenses by 10% over what they were paying for their power electricity from their electric utility.

The right Power Purchase Agreement or Energy Service Agreement - along with our Demand Side Management,  Peak-Shaving, solar cogeneration, solar trigeneration, or one of our other solar energy systems, may save your company hundreds of thousands, and possibly millions of dollars over the term of the agreement.  Simultaneously, having the wrong or poorly drafted PPA or ESA can cost your company thousands or millions of dollars.  You wouldn't consult a brain surgeon to treat your child's broken bone!  Selecting the wrong attorneys, law firm or team to promulgate or re-negotiate your Power Purchase Agreement can leave you "powerless" and penniless - and still requiring the skills and expertise of competent and qualified professionals to resolve the situation.     

Because a Power Purchase Agreement or Energy Service Agreement is at the "heart" and underlying foundation of our projects, we can help your business with the selection and oversight of PPA's and ESA's. We are a turnkey developer, owner and operator of solar energy systems. We can provide design, engineering and installations of our solar energy systems from as small as 
100 kW to well over 10 megawatts.

We can help your city or community create a Municipal Utility District or Public Utility District that may then qualify for our very competitively priced energy and electricity rates. Now is the time for cities, municipal and governmental clients to consider having our company install one of our renewable power and energy systems that will generate "clean" power and energy, lower costs, and avoid the coming electricity shortages and grid congestion problems!  

Products and services provided by our company or its partners/affiliates includes the following power and energy project development services: 

• Project Engineering Feasibility & Economic Analysis Studies  

• Engineering, Procurement and Construction

• Environmental Engineering & Permitting 

• Project Funding & Financing Options; including Equity Investment, Debt Financing, Lease and Municipal Lease

• Shared/Guaranteed Savings Program with No Capital Investment from Qualified Clients 

• Project Commissioning 

• 3rd Party Ownership and Project Development

• Long-term Service Agreements

• Operations & Maintenance 

• Green Tag (Renewable Energy Credit, Carbon Dioxide Credits, Emission Reduction Credits) Brokerage Services; Application and Permitting

More about Power Purchase Agreements

A Power Purchase Agreement is also "behind" almost every power plant.  A PPA is a contract involving the generation and sales of electricity - which is normally developed between the owner of a power plant generating the electricity, and the buyer of the electricity. PPA's can be quite lengthy agreements that may exceed 100 pages in length and take several months to even 1-2 years to finalize.  

The basic information contained in a Power Purchase Agreement include the following items:

          * Definitions
          * Purchase and Sale of Contracted Capacity and Energy (such as steam, hot
             water and/or chilled water in the case of cogeneration and trigeneration
             plants
          * Operation of the Power Plant
          * Financing of the Power Plant
          * Guarantees of Performance
          * Penalties
          * Payments
          * Force Majeure
          * Default and Early Termination
          * Miscellaneous
          * T&C's

For more information about Power Purchase Agreements and Energy Service Agreements, call or e-mail us today. Tel. (832) 758 - 0027 

We provide the answers to your questions about solar!

Does your commercial building, facility or campus or electric utility want a more sustainable solar power and energy solution?

Is your electric utility ready for an alternative to fossil fuels?

Does your city have a problem with air quality, yet still needs more power, and not have the financial resources to build a new, utility scale solar power plant?

Maybe you have already decided to go solar, but you have a lot of questions, and don't know where to start.

What is the optimum solar solution?  There are hundreds of companies in the solar power and energy industry.....  Who do you call to help you with these questions to help you make the right decisions?

There's still more questions, that you may not have thought about..... which solar technology do you go with, and what is the return on investment? 

Are there any solar rebates, refunds, tax credits or other incentives available?

What about investors that might be interested in owning/operating and maintaining our solar energy system under a Power Purchase Agreement?

You have numerous questions and need the answers to help in the decision-making process regarding the solar power and energy system you want to install.  These decisions will have a long-lasting impact as the solar energy system that you install at your business or facility will probably be generating clean power for the next 40 to 50 years, if not longer!  So, the decisions that you need to make now regarding your solar energy system will be a decision that will be either a long-term asset or a liability, depending on the equipment you select and who you choose to install it. 

We can help commercial (and large residential) customers make the switch to solar!

Examples include; universities, churches, data centers, shopping centers, schools, radio/television stations, food processing, warehouses, new real estate developments and subdivisions, and electric utilities - practically any commercial facility can be upgraded to one of our "pollution free power" systems featuring one of our solar energy systems,  including our "Solar Trigeneration"™ system!

Call or email us, we can provide these answers. We are focused on providing the optimum solar energy systems for our clients. This begins with an initial review of your past 12 months energy/electrical bills. The next step would include a site visit which may include a Demand Side Management study and/or a Solar Feasibility Study which determines the optimum solar energy system for your facility or location.  Once the optimum solar solution(s) are determined, we then have a blueprint to proceed that could include our installing one of our Solar Cogeneration™ or Solar Trigeneration™ energy systems.  Or for a city, real estate development or subdivision, or an electric utility, one of our utility scale power plants which might be a Concentrating Photovoltaic, Concentrating Solar Power, Concentrating Solar Thermal or High Concentration Photovoltaic power plants.

What is a "Feed In Tariff"?

A "feed in tariff" has proven to be the most successful incentive for rapidly expanding the use of renewable energy technologies. 

Feed-in tariffs have been used as a "stimulus" to jump start the renewable energy industry in many countries.  They were widely adopted by countries in Europe such as Germany, which has repeatedly led the world in solar energy systems deployment, all because of their Feed-in tariffs.

Feed-in tariffs have proven to be much more successful than the Renewable Portfolio Standard that is still presently used in the U.S. 

More specifically, a feed-in tariff is the price per unit of electricity that a utility or supplier has to pay for renewable electricity from private generators, such as a home owner who has, for example,  installed a solar energy system on their rooftop. 

Feed-in tariffs are also known as:  Electricity Feed Laws, Feed-in Tariffs (FITs), Advanced Renewable Tariffs (ARTs) and Renewable Tariffs. 

What is Demand Side Management?

Demand Side Management, or "DSM" is the process of managing the consumption of energy, generally to optimize available and planned generation resources.

Not all businesses are candidates for cogeneration or trigeneration, however, your company may be a great candidate for other energy-saving solutions. One of these is Demand Side Management, or "DSM". We also provide cost-effective DSM solutions.

According to the Department of Energy, Demand Side Management refers to "actions taken on the customer's side of the meter to change the amount or timing of energy consumption. Utility DSM programs offer a variety of measures that can reduce energy consumption and consumer energy expenses. Electricity DSM strategies have the goal of maximizing end-use efficiency to avoid or postpone the construction of new generating plants."

What is Automated Demand Response?

Automated Demand Response is a Demand Side Management solution that is specifically designed for a customer's specific location, energy/power requirements, and also for the specific electric rates for that customer's location. Automated Demand Response does not involve human intervention, but is initiated at a facility through receipt of an external communications signal.  Automated Demand Response is a rather new area of DSM technologies and may provide a lucrative revenue stream for customers who can curtail electric load in response to demand incentives, ICAP payments, and/or commodity prices.  Automated demand response technology seeks to automatically, through software and hardware applications, to respond to variations in the electricity/power market prices. 

Demand Response or Demand Side Management can be achieved through demand reduction, by shifting load to a less expensive time period, or by substituting another resource for delivered electricity (such as natural gas or onsite power generation, also known as "distributed generation." 

Demand Response (DR) is a set of activities to reduce or shift electricity use to improve electric grid reliability, manage electricity costs, and ensure that customers receive signals that encourage load reduction during times when the electric grid is near its capacity. The two main drivers for widespread demand responsiveness are the prevention of future electricity crises and the reduction of electricity prices. Additional goals for price responsiveness include equity through cost of service pricing, and customer control of electricity usage and bills. The technology developed and evaluated in this report could be used to support numerous forms of DR programs and tariffs.

A recent pilot test to enable an Automatic Demand Response system in California has revealed several lessons that are important to consider for a wider application of a regional or statewide Demand Response Program.

The six facilities involved in the site testing were from diverse areas of our economy. The test subjects included a major retail food marketer and one of their retail grocery stores, financial services buildings for a major bank, a postal services facility, a federal government office building, a state university site, and ancillary buildings to a pharmaceutical research company. Although these organizations are all serving diverse purposes and customers, they share some underlying common characteristics that make their simultaneous study worthwhile from a market transformation perspective. These are large organizations. Energy efficiency is neither their core business nor are the decision-makers who will enable this technology powerful players in their organizations. The management of buildings is perceived to be a small issue for top management and unless something goes wrong, little attention is paid to the building manager's problems. All of these organizations contract out a major part of their technical building operating systems. Control systems and energy management systems are proprietary. Their systems do not easily interact with one another. Management is, with the exception of one site, not electronically or computer literate enough to understand the full dimensions of the technology they have purchased. Despite the research teams development of a simple, straightforward method of informing them about the features of the demand response program, they had significant difficulty enabling their systems to meet the needs of the research. The research team had to step in and work directly with their vendors and contractors at all but one location. All of the participants have volunteered to participate in the study for altruistic reasons, that is, to help find solutions to California's energy problems. They have provided support in workmen, access to sites and vendors, and money to participate. Their efforts have revealed organizational and technical system barriers to the implementation of a wide scale program.

What is Demand Response and How is it Different from "Demand Side Management"?

"Demand Response" is a subset of Demand Side Management (DSM) or a potential  Demand Side Management program solution which helps make the electric grid much more efficient and balanced by assisting the electric grid's commercial and industrial customers reduce their electric demand, and/or shifts the time period when they use their electricity, and/or prioritizes the way they use electricity, and in so doing, reduces their overall energy costs. A Demand Side Management Program will include measures that promotes the following:

• Reduced customer peak and overall energy demand

• Improves the electric grid's reliability

• Balances the electric grid through increased efficiency

• Energy efficiency

• Manages electricity costs

• Conservation through both behavioral and operational changes

• Load management

• Fuel switching

• Distributed energy

• And provide systems that encourage load shifting or load shedding during times when the electric grid is near its capacity or electric power prices are high

Demand Response has also been defined as a "Demand Side Management" subset that is a set of time dependent activities that reduces or shifts electricity use of selected customers.

Electric power generation and distribution systems are strongly affected by supply-side policies (how, when, and where to generate electricity, how to couple generation into the grid, how to transmit and distribute generated electricity) and demand-side policies (pricing schemes, conservation efforts, customer premises automation, and, in extreme circumstances, rolling blackouts).  Demand-side programs focus on reducing the peak-to-average demand profiles through automation in the customer premises.

What are Demand Response Programs?

Demand Response Programs are programs usually designed and offered by electric utilities that offers those clients that sign-up for specific DR programs with financial incentives and other benefits that help those participating customers to curtail energy use.  These actions by the electric utilities and participating clients provide a reliable, predictable amount of power (megawatts) that the ISO's and RTO's can count on during an emergency when energy supplies are low, and there is an inadequate amount of available power generation. The electric utilities typically require that those customers that enroll in their DR program(s) install certain software and hardware, that communicates with these client's online energy management systems, and can control these client's electric power requirements as needed.

What is "Peak Shaving?"

Peak shaving is our demand side management solutions that reduces the use peak demand and amount of electricity by commercial and utility customers. Peak-shaving may significantly reduce the peak demand as well as the energy expenses for clients that have implemented a peak-shaving solution.  

One of the preferred technologies for peak-shaving is an onsite power generation system, which could be one of our solar energy systems, including; Evacuated Tube Collectors, Solar Cogeneration, Solar Trigeneration and Solar Water Heating Systems.  We can transform your facility into a "Net Zero Energy Building™ and eliminate your greenhouse gas emissions!

We provide Automated Demand Response, Bulk Energy Storage, Demand Side Management, and turnkey solar energy systems.  

We provide peak-shaving, and demand side management solutions through our turnkey solar energy systems. This translates into significant energy savings for our clients as well as the elimination of all greenhouse gas emissions.

We offer "Energy Master Planning" services for commercial, industrial, utility and municipal clients.  Our Energy Master Plan should be the fundamental building block for all energy-intensive businesses and customers as it has been shown to help customers reduce energy and power costs and overall electric consumption.

Our company and team of professionals are 100% vendor and supplier neutral.  This is a huge advantage we provide our customers as we are not sold on anything except the optimum solution for our clients. We have learned that the best, most-efficient, optimum energy and power solutions for our customers frequently blend multiple products and services from several companies.

What is "Peak Shaving?"

Peak shaving is our demand side management solutions that reduces the use peak demand and amount of electricity by commercial and utility customers. Peak-shaving may significantly reduce the peak demand as well as the energy expenses for clients that have implemented a peak-shaving solution.  

One of the preferred technologies for peak-shaving is an onsite power generation system, which could be one of our solar energy systems, including; Evacuated Tube Collectors, Solar Cogeneration, Solar Trigeneration and Solar Water Heating Systems.  We can transform your facility into a "Net Zero Energy Building™ and eliminate your greenhouse gas emissions!

We provide Automated Demand Response, Bulk Energy Storage, Demand Side Management, and turnkey solar energy systems.  

We provide peak-shaving, and demand side management solutions through our turnkey solar energy systems. This translates into significant energy savings for our clients as well as the elimination of all greenhouse gas emissions.

We offer "Energy Master Planning" services for commercial, industrial, utility and municipal clients.  Our Energy Master Plan should be the fundamental building block for all energy-intensive businesses and customers as it has been shown to help customers reduce energy and power costs and overall electric consumption.

Our company and team of professionals are 100% vendor and supplier neutral.  This is a huge advantage we provide our customers as we are not sold on anything except the optimum solution for our clients. We have learned that the best, most-efficient, optimum energy and power solutions for our customers frequently blend multiple products and services from several companies.

through our Carbon Free Energy and Pollution Free Power solutions.  

Peak shaving is one of the demand side management solutions that reduces the use peak demand and amount of electricity by commercial and utility customers. Peak-shaving may significantly reduce the peak demand as well as the energy expenses for clients that have implemented a peak-shaving solution.  

Also now in our product offerings is a complete line of solar energy systems, including; Evacuated Tube Collectors, Solar Cogeneration, Solar Trigeneration and Solar Water Heating Systems.  We can transform your facility into a "Net Zero Energy Building™ and eliminate your greenhouse gas emissions!

By:  Monty Goodell, MBA
Chairman
Renewable Energy Institute
www.SolarTrigeneration.com
Los Angeles, California

There is now a better, more efficient, “pollution free power” solution for cooling, heating and powering homes and commercial buildings where solar energy is available. It's called Solar Trigeneration^sm.

The Audubon Nature Center is completely powered by the sun’s energy - whether it's 12 noon or 12 midnite.  The building operates entirely “grid-free” and without any electric connections to the electric grid, or natural gas connections – a truly sustainable power and energy solution. Best of all, the Audubon Center doesn’t rely on the over-burdened electric grid or even natural gas.  Since the Audubon Nature Center and its'  Solar Trigeneration^sm  is not connected to the electric grid, and doesn't have a connection to the gas utility, the owners NEVER receive an electric bill or natural gas bill!

The Audubon Nature Center's 5,000 square foot office and conference facility is powered by a Solar Trigeneration^sm system that features a 25-kilowatt solar electric power system where the energy is stored in a bank of batteries. The Center is cooled by a 10-ton solar absorption cooling system powered by an array of very efficient solar heat pipe vacuum tube thermal collectors.  The collectors heat the water to temperatures of 200+ degree F stored in a 1,200 gallon insulated tank, another type of inexpensive battery. The Solar Trigeneration system at the Audubon not only provides the air-conditioning in the summer but also heats the building in the winter, and provides the hot water for the kitchen and bathrooms.  Absorption chillers make cooling a building with solar energy a very easy, reliable and very affordable solution that more and more customers are seeking to install. Cooling with absorption chillers is nothing new.  In fact, absorption chillers' technology is over 80 years old.  The first refrigerators were powered by propane gas to run the absorption chillers that used ammonia as a refrigerant.  Electricity and the electric compression chiller gained popularity only because of the convenient “plug and play” appliance and relatively cheap electric rates.  Electricity is no longer economically, or environmentally “cheap.”

To find our more about the new Solar Trigeneration^sm system at the Audubon Center in Los Angeles, or arrange for a tour of the Audubon Center, or discuss your Solar CHP, Solar Cogeneration^sm Solar Trigeneration^sm or other EcoGeneration requirements, call Monty Goodell at 832-758-0027

We Sell and Install Highly-efficient 
Solar Cogeneration and Solar Trigeneration energy systems

See one of the following affiliated sites for more information:

www.CapandTrade.net

www.CarbonDioxideEmissions.com

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www.CertifiedEmissionReduction.com

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www.RenewablePortfolioStandard.com

www.SolarCogeneration.com

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www.UtilityScalePowerPlant.com

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www.WindPowerGeneration.com

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We support the Renewable Energy Institute by donating a portion of our profits to the Renewable Energy Institute in their efforts to reduce fossil fuel use through renewable energy and their goals to end pollution from Carbon Dioxide Emissions and Greenhouse Gas Emissions. 

The Renewable Energy Institute is "Changing The Way The World Makes and Uses Energy by Providing Research & Development, Funding and Resources That Create Pollution Free Power, Carbon Free Energy & Renewable Energy Technologies"

Renewable Energy Institute

www.RenewableEnergyInstitute.org

info@RenewableEnergyInstitute.org

Renewable Energy Tax Credits

www.RenewableEnergyTaxCredits.com

Tel.  (832) 758 - 0027

Email:  info@RenewableEnergyTaxCredits.com

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