Photo of the Month: June 2013
LightWave Solar recently completed this 50 kilo-watt (kW) solar system for Standard Construction Company, an asphalt paving contractor and supplier in Memphis. Standard Construction decided to go solar not only because solar power is renewable, efficient and reduces pollution, but it made a great financial investment too.
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New Solar Investment Strategy for Businesses
LightWave Solar has a new finance model that shows a 33% 20-year IRR on cash outlay for a 50kW solar installation. The approach combines a 5% 10 year loan, federal tax incentives and TVA's Green Power Providers solar premiums. Here are the financial benefits:
- Return on cash outlay in less than one year
- Cash flow positive in first year
- Re-direct 2013 tax payment into energy cost reduction project
- 20-year contract with TVA for generation credits
- Leveraged 20-year IRR = 33%!
Who can benefit most from a 50kW system? A business who:
- Owns building or has long-term lease
- Pays between $7,500-$80,000/year for electricity
- Has 2013 tax liability of $69,000 or more
- Is cost conscious and sees the value in hedging against rising utility costs
TVA will be accepting Green Power Providers program applications later this year on a first-come, first-served basis. Let us help you get your project in the queue for approval.
Contact LightWave Solar to discuss a solar investment in your business. Reach us by phone: 877-748-1260
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 TVA Solar Program Update As we reported last month, TVA reached capacity for their two solar programs, Green Power Providers and Solar Solutions Initiative. Although TVA is not approving new applications at this time, LightWave Solar will sign contingent contracts and complete utility paperwork to be ready to submit project applications as soon as TVA releases capacity. We expect that when TVA opens new capacity, the program will fill up quickly. Next month we will have more information regarding renewed capacity for 2013. Stay tuned! |
 Dan Stroh, LWS Engineer, now NABCEP-Certified Dan Stroh, PV Design Engineer at LightWave Solar, is now NABCEP-certified. NABCEP stands for the North American Board of Certified Energy Practitioners, and it is the gold standard for PV installation certification. LightWave Solar now employs four NABCEP-certified professionals, including President Steve Johnson, Engineer Karl Jaeger, and Solar Sales Consultant JP Plumlee who holds the NABCEP PV Technical Sales certification. Dan graduated from Southern Illinois University Carbondale in December 2010 with a degree in Civil Engineering. Dan started his career at LightWave as an intern in the summer of 2010. Congrats, Dan! |
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Solar Referral Program Reminder
If you already own a LightWave Solar system, you can earn money by referring your friends, family and colleagues to us. Each referral that leads to an installation is worth $250. Please encourage your friends to contact us for a free solar consultation. Ask them to tell us that they heard about us through you. We appreciate the business!
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E3 Innovate Builder Workshop June 21
LightWave Solar is participating in E3 Innovate's Workshop for Builders, Architects and Realtors in Nashville on Friday, June 19 from 9:30 a.m.-2 p.m. At the event, industry experts will:
- Identify building and housing trends
- Define the process of Building a High Performance Home
- Answer questions about Home Energy Rating Score (HERS) and ENERGY STAR v.3.0
- Explain the Home Certification process and benefits of Preliminary Energy Modeling
- Share Builder benefits and importance of third party verification
- Introduce Guest Experts, Dr. Allison Bailes, President of The Energy Vanguard and Wendy Monday, Bob Parks Realty
- Introduce Vendors: LightWave Solar, Pella Windows and Doors, Precision Air Heating and Cooling, All American Pest Control and Gardens of Babylon.
- Much much more...
Early bird tickets are $85 ($115 regularly). Space is limited so register today! Click here to register.
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LightWave Insider is a monthly online newsletter from LightWave Solar bringing you news and information about the solar industry.
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Where We'll Be...
Blue Plum Festival
June 7-9
Downtown Johnson City
Johnson City, TN
More info here
TN Renewable Energy & Econ. Dev. Council (TREEDC) Forum
Wed, June 12 9am-1pm
900 Columbia Ave
Franklin, TN
More info here
Nashville Chamber Business After Hours
Wed, June 12 5:30-7:30pm
Music City Center
More info here
E3 Innovate's Builder Workshop
Fri, June 21 9:30am-2pm
Greater Nashville Association of Realtors
Nashville, TN
More info here
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Preferred Partners  Precision Air is a full service heating, cooling and indoor air quality provider with over 18 years of geothermal experience. LWS customers receive $250 off HVAC systems.  Founded in 2008, E3 Innovate is an integrated home performance company that creates healthier, more comfortable, more energy efficient, and more sustainable homes. LWS customers receive $80 off Home Energy Assessments.  Since 1994, Wilmot Inc. offers consulting services for LEED and green building, education and training, green business strategy, and waste prevention and recycling. LWS customers receive 1% off sustainability services.  greenvillagerecycling.com Green Village Recyling provides single-stream, curbside recycling services for businesses across Middle TN and for residents in the Hendersonville area. GVR offers a 10% discount to all LightWave commercial customers. |
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