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Purchase Group for Solar Energy Systems

Purchase Group for Solar Energy Systems. For Residents of Efrat, Gush Etzion, Judea and Samaria. Welcome. Solar Energy Systems - background and status of the market The “Sun Electra” company components of the system the value of the deal the purchase process.

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Purchase Group for Solar Energy Systems

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  1. Purchase Group for Solar Energy Systems For Residents of Efrat, Gush Etzion, Judea and Samaria

  2. Welcome • Solar Energy Systems - background and status of the market • The “Sun Electra” company • components of the system • the value of the deal • the purchase process

  3. Solar Energy Systems – Background and status of the market The State of Israel has announced that it is offering an opportunity for homes and businesses to generate solar electricity, but it is restricting the amount of electricity that can be produced. We, the consumers, can sell electricity to the Electric Company at a high price! The maximum for businesses has been completely reached. The maximum for homes is 1.67 NIS per kilowatt hours and will be offered until the end of 2011 without a restriction on amount.

  4. What’s the solution? • A purchase group which will convey significant consumer power vis-à-vis the leading companies in the market. • A professional and trustworthy company • An unbeatable price • Additional benefits in financing and insurance

  5. Benefits of the group • Market research • Choice of company • A contract which is right for members of the group • Increased responsibility for the system • Attractive financing from Bank and the option to insure the system

  6. Sun Electra • Golan Solar chose Sun Electra in the tender after an intense evaluation of its abilities and advantages • A medium-sized company, flexible, professional and trustworthy • Provides systems with leading components • For a lower price than the other companies in the home market

  7. How does it work? ה Solar panels National electricity network Power converter Meter which measures usage Production meter

  8. Components of the system

  9. Working together with the Efrat Development Company • The Golan Solar Group successfully implemented the group purchase model in the Golan with more than 50 projects • The EDC approached three leading companies in the market for proposals for installing solar panels on roofs of private houses • Attractive and green financial investment for residents of Efrat, Gush Etzion, Judea and Samaria.

  10. Working together with the Efrat Development Company • The EDC requested an outside evaluation that was conducted by Dr. Dan Weinstock, an expert in solar electricity systems • As a result of the evaluation, the EDC recommends Sun Electra in cooperation with Golan Solar for installing solar electricity systems • Dr. Weinstock examined, compared and rated three companies which offer solar electricity systems

  11. The conclusions of Dr. Weinstock’s evaluation

  12. Economic Calculations • Rate – 167 NIS • Yearly production per 1650 kw

  13. Detailed Calculations • Calculation for 4kw system – 16% return • Calculation for 10kw system – 21% return • Calculation for 15kw system – 22% return

  14. Calculation for the KW 4 System ההכנסה צמודה למדד 3% בשנה. ההכנסה מחושבת על מימון המערכת במימון עצמי.

  15. Calculation for KW 15 System ההכנסה צמודה למדד 3% בשנה. ההכנסה מחושבת על מימון המערכת במימון עצמי.

  16. Contract Your contract with the installation company has been worded by the ERM Lawyers' Office which specializes in the area of solar energy and will safeguard the interests of the members of the group with the help of a binding schedule, wide responsibility, especially comfortable payment terms and the possibility for outside supervision on the installation of the system. The cost for the services of the office of ERM Lawyers is 300 shekels including v.a.t

  17. Guarantee • For installment of the system – 10 years • For 90% output – 10 years • For 85% output – 18 years • For 80% output – 25 years  • Guarantee for Trina Panel – 10 years, For Sharp Panel – 5 years • Guarantee for German Converter– 5 years, Solarage Converter – 12 years

  18. Loan Terms offered by Mizrahi Tefahot to Residents of Efrat, Gush Eztion, Judea &Samaria to Purchase Solar Systems • Interest rate: NIS Prime + 0.25% • Loan amount: 100% funding up to NIS 190,000 • No personal guarantors required • Salary account not required • 50% reduction “opening” fee • “Grace” on loan for up to four months • Offered to clients of all the banks Collateral required: • Charge over the solar system equipment registered with the relevant authority • Insurance policy on the equipment charged in favour of the Bank • Reciprocal assignment of rights approved by Israel Electric Company or Electricity Authority The granting of the loan is at the sole discretion of the Bank, and the Bank retains the right to announce changes, including a decrease or ceasing of the loan with ten days prior notice.

  19. Payment Schedule • Upon Signing – 4,060 shekels • Arrival of Modulars to the site – 60% • Completion of the installation of the system – 25% • Connecting the system to the network – balance of payment

  20. DOES THE SYSTEM EMIT RADIATION? ACCORDING TO  THE MINISTRY OF ENVIRONMENTAL PROTECTION: "There is no fear of danger  to the public's health of non-ionized radiation being emitted from the photovoltaic installation for those who live in close range to it on condition that one installs the converter  at a distance of at least 4 meters from the area where people reside on a permanent basis. The facility produces direct current electricity using light panels (modulars) that do not emit radiation at all.

  21. The converters, that transfer the current directly to an alternative current, emit radiation on a very low level similar to the electricity that supplies the house and does not cause health damage. The Ministry of Environmental Protection approves the placement of facilities for power generation using photovoltaic technology on the roofs of existing or future buildings. The placement of photovoltaic cells on roofs is desirable and should be encouraged." Albert Bernstein, in charge of non-ionizing radiation electrical facilities, 2009.

  22. And What Does Menachem Horvitz say about this …? Take a look at what was broadcast on Channel 2: www.youtube.com/watch?v=FQwUBuxhxHE

  23. What is the next step? • Registration • Roof assessment • Price estimate • Signing of contract • Submitting building permits by the planner • Permit from the Electric Company • System installation • Connecting to the electric network

  24. בקרוב אצלכם? Are you next?

  25. Order an assessment of the roof of your home and get a price estimate Sign up now! 02-9939374 ec@efrata.muni.il

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