eib corporate presentation - 2016
TRANSCRIPT
About Us
EIB 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 mths)
• Irvington Housing Authority, NJ -- 197 kW
• Sciota Partners LLC, PA -- 150 kW
• Pumping Services, NJ -- 190 kW
• MIS Implants, NJ -- 50kW
Energy In The Bank’s Current Projects
• 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.
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.
EIB Construction Partners
Projects• Heller Industrial Parks – 3.327 MW; South Brunswick, NJ• Lackland Self Storage – 2.543 MW; multiple sites• NWL Transformers – 1.465 MW ground-mount; Bordentown, NJ • Walters Group – 612 kW; multiple sites• Fort Dix – 12.3MW; multiple sites McGuire-Dix- Lakehurst, NJ
• Toys R’ Us, Inc., 5.4MW Rooftop Array, Flanders, NJ• Benjamin Moore Paints, Inc., - 1.9MW Ground Array; Flanders, NJ• Hess Corporation -1.1MW Ground Tracker Array; Woodbridge, NJ• Vineland Solar Plant – 6.5 MW Ground Array; Vineland, NJ
Projects• Kohl’s – 691 kW; Multiple Locations• Bed, Bath and Beyond – 1376 kW; Multiple Locations• Jack Daniel’s Motors – 1.2 MW; Bergen County, NJ• Spiral Building Company – 817 kW; Totowa, NJ
Projects
• Pfizer, Inc – 49.368 kW; Groton, CT • Pennsauken Sanitary Landfill – 1.09 MW; Pennsauken, NJ • Jet Aviation – 311 kW; Teterboro Airport, NJ • Stowaway Self Storage – 243.85 kW; multiple sites• Valley National Bank – 47.87 kW; Wayne, NJ
Solar Demand is Due to The Following Mandates and Incentives:
1. State Renewable Mandates:
• New Jersey 25% by 2020
• Pennsylvania 18% by 2020
• New York 50% by 2030
• Connecticut 27% 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)
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 (You)
Agree to:• Cover all project funding:• Price and management to furnish and install
solar systems• Price and management for deliver capital
expense • Repair 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 (EIB)
Solar Development Team
Private Customer/ School/Municipality /Place of
Worship
Funds and Financiers
InstallersDesigners Utility Company
Solar Development Process
Presentation 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 to
analyze in detail and
apply for grants
Presentation to
Client with final
Power
Purchase/Lease
Agreement
Client to
Execute Power
Agreement
Solar Team to
deliver Solar System
at no expense
Step 1 Step 2 Step 3
Step 4 Step 5 Step 6
Step 7 Step 8 Step 9
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 applicableCONTACT :
Alexander OrtizDirector of DevelopmentDirect: 570-977-8900 Email: [email protected]
Joseph BeltránDirector of OperationsDirect: 570-977-9170 Email: [email protected]
Office : 570-223-5001 Fax: 877-434-2912 www.energyinthebank.com