This presentation represents a semester long research and analysis project for a local Venture Capital firm named Birchmere Ventures. My group conducted extensive markest research and industry analysis on the current and future use of solar thermal technology.

1. Solar Thermal Energy Market Maps

2. Introduction Amber N. Lynch anlynch@katz.pitt.edu Simon Matthiensen smatthiensen@katz.pitt.edu Joseph C. Nachinson jcnachinson@katz.pitt.edu

4. Solar Thermal Applications

5. Cost Analysis

6. Solar Thermal Collectors - Residential

7. Costs and Savings

8. Tax and Rebate Incentives

9. Potential Opportunities

11. Electricity Generation

12. Cost Analysis

13. Cost Analysis

14. Solar Thermal Collectors

16. A south-facing roof that gets ample amounts of sunlight between 9 am and 3 pm

17. Need space for equipment

18. ICS systems needs to be located by hot water heater

19. Need adequate room for the panels (awning, on the ground, or on a garage)

20. Costs:

21. One time initial upfront cost of the system

22. Maintenance costs are typically low, more attention needed for Evacuated-tube solar collector

23. Depends on physical size of house and number of people that live in it

24. Ex) A family of four will probably require two 4-feet by 10-feet solar collectors and a tank with 70- to 140- gallon capacity.

25. Savings:

26. Immediate reductions in monthly utility bills

27. Substitution for a portion of the power that customers use

28. Can replace up to 80% of your energy needs for heating

29. Savings for a family of four

30. Systems can save up to $300 per year

31. For a $4500 system, it would be a 15-year payback

33. 30 percent tax credit for home owners buying certain heating and cooling equipment

34. Grants for offsetting 30 percent of the cost of installing a solar energy system at a home

35. Federal Tax Credits for Energy Efficiency

36. Tax credits for existing homes & new construction are available at 30% of the cost, with no upper limit through 2016 (Energy Economic Stabili­zation Act of 2008)

37. Depends on the state that you reside in

38. Ex) San Diego, CA, offers a local rebate, larger tax credit

39. Ex) Florida charges no sales tax on solar systems

41. aerodynamically stable

42. transparent upper surface protects the PVCoolEarth already raised $21 million in its Series A financing Opportunity for VC Birchmere to get involved at second round of financing

43. Heliostat www.practicalsolar.com

45. Constructionintegration

46. Roof Windows

47. Skylights