About Solar

How Solar Energy Works

  1. Solar Panels - The solar panels are made up of photovoltaic (PV) cells, which convert sunlight into direct current (DC) electricity throughout the day.

  2. Inverter - This device converts the DC electricity generated by the solar panels into the alternating current (AC) electricity that your building uses.

  3. Electrical Panel - The AC electricity is sent from the inverter to your electrical panel to provide power for general use in the building.

  4. Utility Meter - As part of the solar installation, we will replace your meter with a “bi-directional meter”, which will allow measurement of how much energy is used, as well as as how much energy you put back on the grid.

  5. Utility Grid - Solar power works in tandem with utility grid power, so your building can utilize grid power whenever the sun isn’t shining, or if the solar energy produced doesn’t meet all the building’s needs. Any excess solar energy produced can also be fed onto the grid and credited to your bill at retail rates – this is called “net metering” (more on this here).

  6. Monitoring System - We include a user-friendly online monitoring package with every solar project. This allows you to see what how much power your array is producing, in real time, and historically.see page on current website... ideally it would look similar to the existing page.

Why Solar?

Solar has gone mainstream, due to its many proven benefits, including:

Solar cuts your electric bill and saves you money immediately. Solar provides a strong return on investment.

Solar provides a visible, tangible symbol of commitment, and a smart use of technology. Whether your stated goal is environmental responsibility, or just smart energy decisions, solar is seen as a positive and progressive improvement, by employees, shareholders, and the public.

Solar is a property improvement that adds value to your facility. Facilities with solar sell for higher prices due to higher Net Operating Income (NOI) and fetch higher rent, in most markets.

Many of our clients cite additional financial benefits as a result of free press coverage and consumer loyalty.

Save on Bills

Solar cuts your electric bill and saves you money immediately. Solar provides a strong return on investment.

Corporate Image

Solar provides a visible, tangible symbol of commitment, and a smart use of technology. Whether your stated goal is environmental responsibility, or just smart energy decisions, solar is seen as a positive and progressive improvement, by employees, shareholders, and the public.

Facility Investment

Solar is a property improvement that adds value to your facility. Facilities with solar sell for higher prices due to higher Net Operating Income (NOI) and fetch higher rent, in most markets.

Indirect ROI

Many of our clients cite additional financial benefits as a result of free press coverage and consumer loyalty.

Other Benefits

Demonstrate leadership within your industry and community

Risk reduction – freedom from increasing volatility of energy prices

Contributes to broader Corporate Social Responsibility (CSR) goals

Contributes to LEED points

Respond to increasing shareholder & customer demand for social responsibility

Environmentally responsible (lower carbon footprint)

Responding proactively to potential carbon legislation and regulations

Our Process

This is a simplified view of what is involved in a solar project, from start to finish.
A typical solar project will take 6-9 months for design and construction.

  1. Initial Consultation - Receive a preliminary proposal using satellite data, bills

  2. Diligence - Facility inspection, preliminary design, underwriting

  3. Agreement Signed - Kickoff meeting, schedule finalized

  4. Construction - Engineering, permitting, interconnection, installation

  5. System Operational - Start saving on bills, monitor your system performance

Incentives

Federal Incentives

For projects completed by the end of 2019, solar qualifies for a Federal Investment Tax Credit equal to 30% of the system cost, as well as accelerated depreciation. Combined, these incentives alone cover nearly half the cost of a solar installation.

Local Incentives

Additionally, some state or local solar incentives may be available; as part of our standard proposal, we detail all available incentives for your project.

Capturing Incentives

If you aren’t able to utilize these incentives, Pivot can, in many cases, offer a solar lease or Power Purchase Agreement (PPA), that allows capture of tax benefits and other incentives by Pivot and its finance partners, with a pass through to you in the form of a lower monthly payment or PPA rate.

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