EIB Presentation 4-12-2016

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. 1 “We are like tenant farmers chopping down the fence around our house for fuel when we should be using Nature's inexhaustible sources of energy — sun, wind and tide. ... I'd put my money on the sun and solar energy. What a source of power! I hope we don't have to wait until oil and coal run out before we tackle that” - Thomas Edison (1931)

Transcript of EIB Presentation 4-12-2016

Page 1: EIB Presentation 4-12-2016

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“We are like tenant farmers chopping down the fence around our house for fuel when we should be using Nature's inexhaustible sources of

energy — sun, wind and tide. ... I'd put my money on the sun and solar energy. What a source of power! I hope we don't have to wait until oil

and coal run out before we tackle that” - Thomas Edison (1931)

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About UsEIB develops, builds, and operates commercial RENEWABLE ENERGY Systems – In Solar, we can use your roofs, available land for ground mounts, and parking spaces for carports, all of which can be financed through a Power Purchase Agreements (PPAs). Our host clients buy the electricity generated by the solar systems at contractually determined rates that are below the cost of conventional electricity.We work with bankable Construction Companies to design, procure, engineer, and construct your renewable energy projects, to make the financing process flow a lot smoother.

EIB Projects completed (over last 36 mos.) Irvington Housing Authority , NJ 197 kW (please see article pg 3) Sciota Partners LLC, PA 150 kW Pumping Services, NJ 190 kW MIS Implants NJ 50kW

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Energy In The Bank’s completed projects

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Energy In The Bank’s Current Projects

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• Providing 1.1 MW carport system.

• Savings of $4 mil. Over 20 years.

• Providing 5.4 MW Tracker system offsite.

• Savings of $8.3 mil over 20 years.

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Energy In The Bank’s Current Projects

• Providing 870 kW system offsite.

• Savings of $2.43 mil over 20 years.

• Providing 4.2 MW system offsite.

• Savings of $3.4 mil over 20 years & $1.5 mil. donation

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More good news for solar in NY

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EIB Construction PartnersExperienceHeller Industrial Parks – 3.327 MW; South Brunswick, NJLackland Self Storage – 2.543 MW; multiple sitesNWL Transformers – 1.465 MW ground-mount; Bordentown, NJ Walters Group – 612 kW; multiple sitesFort Dix – 12.3MW ; multiple sites McGuire-Dix- Lakehurst, NJ

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Toys R’ Us, Inc., 5.4MW Rooftop Array, Flanders, NJBenjamin Moore Paints, Inc., - 1.9MW Ground Array, Flanders, NJHess Corporation -1.1MW Ground Tracker Array, Woodbridge, NJVineland Solar Plant – 6.5 MW Ground Array, Vineland, NJ

Experience Kohl’s – 691kW, Multiple LocationsBed, Bath and Beyond – 1376 kW, Multiple LocationsJack Daniel’s Motors – 1.2 MW, Bergen County, NJSpiral Building Company – 817 kW, Totowa, NJ

Experience

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Solar Demand is due to the following mandates and incentives:

1. State Renewable Mandates• New Jersey 22% by 2021• Pennsylvania 18% by 2020• New York 25% by 2015• Connecticut 25% by 2020• Delaware 25% by 2025• Maryland 20% by 2022• Massachusetts 22% by 2020• Puerto Rico 20% by 2035

2. State and Federal Incentives to facilitate• Tax credits (Federal)• Grants (Federal, State, Local)• Accelerated Depreciation (Federal)• SREC (Solar Renewable Energy Credits) (State)

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Summary - Quid pro quo

•Agree to:•Purchase electricity at a lower rate•Allow investor to utilize assets (roof or land)

•Benefits:•Reduced electrical expenses•Capital improvements•Funding for other projects•Fixed budget

Host Customer

• Agree to:• Cover all project funding:• Price and management to furnish and

install solar systems• Price and management for deliver capital

expense • Repair of roofs to withstand lifetime of the

installation• Insurance for the lifetime of the

installation• Maintenance for lifetime of the installation• Risks for all the above

• Benefits:• Tax Credits• Depreciation of solar system• Grants (depending on the state)• SRECS (depending on the state)• Revenue from the solar system

Investors

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Solar Development Team

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Private Customer / School/Municipality /Place

of worship

Funds and Financiers

InstallersDesigners

Utility Company

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Solar Development ProcessPresentation to Client – Initial

Idea

Client to Provide 12 mo. Utility

Bills

Solar Team to audit Energy Use

Presentation to Client with

general analysis and Letter of

Intent

Client to Execute Letter of

Intent

Solar Team toAnalyze in detail

and apply for grants

Presentation to Client with final

Power Purchase/Lease

Agreement

Client to Execute Power

Agreement

Solar Team todeliver Solar System at no

expense

Step 1

Step 2

Step 3

Step 4

Step 5

Step 6

Step 7

Step 8

Step 9

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In Conclusion - Let’s go Solar!• Put you onto the path of sustainability• Reduce annual energy costs.• Hedge against any future energy price increases.• Enhance your image in the public eye.• Provide skill training and job creation.• Provide capital expenses for additional needs when

applicable

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CONTACT :Alexander Ortiz, Director of DevelopmentDirect:570-977-8900 Email: [email protected]

Joseph Beltrán, Project and Development ManagerDirect: 570-977-9170 Email: [email protected]

Office : 570-223-5001 Fax: 877-434-2912www.energyinthebank.com