842 N. LAWRENCE STREET PHILADELPHIA, PA 19123 I Rene@HPSsolar.com I T: 267.297.2355 I T: 267.269.

8501

HELIO
POWER SYSTEMS

SOLAR ELECTRIC

Every month the average US home burns a halfton of coal to
generate electricity. Over the course of the year a single home
consumes six 40-yard dumpsters worth of coal to power their
home. Coal is the leading source of climate-changing
emissions.
PHYSICAL REQUIREMENTS?
This type of Solar System requires at least a few hundred
square feet of roof space with absolutely no shading from
buildings, trees, chimneys or other objects. The panels must
be oriented to the south.

HOW DOES SOLAR PV WORK?

The energy you produce is converted into electricity for your
home. Any excess is automatically sent into the grid where
PECO is required to buy it. This is what causes the ‘meter to
spin backwards.’ Each solar PV system comes with an free
online application that allows the owner to monitor energy
production.

HOW MUCH DOES IT COST?

WHAT IS SOLAR ELECTRIC?
Solar Electric is also known as “Solar Photo Voltaic” or
“Solar PV.” These systems convert energy from the sun
into electrcity that your house can use.
The cost depends on the size of the system. The Federal
Tax Credit and the State Rebate together reduce the cost of
the system by more than 50%. In many cases the monthly
loan payment for the solar system is the same as what you
would have paid in Ultilities. Most systems pay for them-
selves in 5-10 years, far less than the panel’s 25-year
warranty. This system also earns alternative energy credits
which can then be sold back to the utility company . These
credits currently trade for $275 each. You systems energy
production is monitored through an easy to use online appli-
cation.

SOLAR HOT WATER

Hot water is the second-largest energy expense in a home
and accounts for about one-quarter of the average utility bill.
If every American were to install a solar hot water system in
their home it would be the same as doubling the fuel
efficiency of every car on the road today.
PHYSICAL REQUIREMENTS?
A Solar Thermal System has less rigid physical requirements
than PV systems. Less roofspace is required and the
systems function in locations with partial shading. In many
cases a roof that may be inadequate for Solar PV is suitable
for Solar Thermal.

HOW DOES IT WORK?

A special fluid (glycol) circulates between the panel and the
hot water heater and transfers the heat from the sun to the
water in your tank.

HOW MUCH DOES IT COST?

WHAT IS SOLAR HOT WATER?
Solar Hot Water is also known as “Solar Thermal.” This
system uses the energy of the sun to heat hot water and
it is one of the simpliest and most efficient solar
technologies.
Solar Thermal is less expensive than Solar PV but can only
offset the hot water portion of your energy bill which is
usually 25% or less. The Federal Tax Credit and State
Rebate program reduce the cost of a Solar Thermal System
by nearly 50%. This system also earns alternative energy
credits which can then be sold back to the utility company .
These credits currently trade for $275 each.
 842 N. LAWRENCE STREET PHILADELPHIA, PA 19123 I Rene@HPSsolar.com I T: 267.297.2355 I T: 267.269. 8501

HELIO
POWER SYSTEMS

Thanks to a federal tax credit and a new state rebate program you pay for less than half the cost
of a solar system. This means you can generally finance the installation of a solar system with
the money you would have paid to the utility company.

FINANCIAL INFO

FEDERAL TAX CREDIT IMPENDING RATE HIKES

30% uncapped tax credit (not a deduction) for the Another incentive for installing solar is the impending
installation of a solar electric (Photo Voltaic) or solar thermal electricity hikes in January of 2011 when the Philadel-
(hot water) system. phia market is deregulated. Although PECO anticipates
a 25-45% increase in Philadelphia, rates in western
A tax credit is different from a deduction. A deduction Pennsylvania jumped 72% when the region was deregu-
reduces the amount of earned income you are taxed on. A lated last year. Here is what happened in the other
tax credit is subtracted from the amount of taxes you owe and states following after their markets were deregulated:
can be carried over from year to year until it is used up. Think
of a tax credit like pre-paying your taxes. Maryland: 72% increase
Delaware: 59% increase
REQUIREMENTS Connecticut: 79% increase
At tax time your accountant fills out Form 5695 with the Massachusetts: 56% increase
appropriate information and you receive a tax credit from the Rhode Island: 48% increase
IRS for 30% of the cost of the system. It’s really that simple! Illinois: 55% increase
Texas: 82% increase

PA STATE SOLAR REBATE

Since May the state of pennsylvania provides a rebate for

Solar PV and Solar Thermal. ALTERNATIVE ENERGY CREDITS

For Solar PV the state provide a rebate of $2.25 per watt
installed. This approximately covers 30-35% of the cost of
the system and is capped at $22,500 for residential. The
caps for commercial are much larger.
For Solar Thermal the state provides a rebate of for 25% of
the cost of the system up to $2,000.
For each megawatt of solar energy you generate you
earn an alternative energy credit known as an “AEC”
which can be sold. The state of Pennsylvania requires
utilities to purchase an increasing number of AECs to
offset their carbon footprint. These credits currently
trade in Pennsylvania for $275 dollars each.

REQUIREMENTS
Only solar systems installed by Pennsylvania Sunshine Certi-
fied Installers, such as Helio Power Systems, are eligible for
the rebate. Helio handles the entire rebate process. An If you have questions or would like to
application for the rebate is submitted on your behalf once a find out more about installing solar on
deposit is received. Before installing your new solar system your home, call Helio today!
we provide confirmation that your rebate application was
filed. Once installation is complete we submit the final paper-
work to the state and you receive a check within 60 days.
Cost Analysis Photo Voltaic

Sample House
Philadephia, PA 19123

Total System Cost

System Cost, before rebate / credit $37,500 System Cost
Less Federal Tax Credit 30% (11,250) Like prepaying your taxes.
Less PA State Rebate per watt $2.25 (11,250) Applied for by us. Check received in 4-6 weeks
Net Cost of System $15,000

Payback
Discount on Utility Bill
kW pruduced annually by panels 5,900 Reduction in your utility bill at projected rates
Price per kW saved 0.26
Annual utility savings $1,536
SREC money SRECS are energy credits that you sell back to
Value per SREC $300 your utility as you earn them
SRECS generated in one year 5.9
Annual SREC money $1,770
Total annual savings $3,306
Payback in Years 4.54

System Specifications Notes

System Size in Watts 5,000 Consisting of 210 watt modules
Average Usage Yearly 6,000 Number of kW you use a year
kW produced by solar panels 5,900 kW your panel produce per year
% Provided by Solar 98%

Projected Utility Rates

2010 0.17
2011 0.22 expected 30% increase when caps are lifted
2012 0.24 7% increase years 2012 - 2017
2013 0.25
2014 0.27
2015 0.29
2016 0.31
2017 0.33
Avg 0.26