Energy & Solar

Energy Reduction Before Production

We Are Unrepentant Energy Nerds

We get excited around words like solar module efficiency, operating temperature and voltage drop, and to us the merits of solar electric are self-evident. However, we had to step out of ourselves and ask “why should I (home or business owner) go solar?” At Malcarne, we’re not like most solar companies. Our philosophy is ‘energy reduction before production.’ That’s because we first look for ways to reduce your energy needs before deciding on your solar needs. Most solar companies simply review your current energy bills and suggest a system that can handle those needs. We take a completely different approach. We’re certified Energy Managers. Our audit goes well beyond simply reviewing energy bills.

For Home Owners:

Appliance Replacements Refrigerators / Freezers
Window AC Units Dryers
Hot Water Heaters Pool Pumps
Low flow shower head replacements Lighting Retrofits
Insulation and air sealing HVAC upgrades

For Business Owners:

HVAC Upgrades
HVAC Monitoring and Control Systems
Lighting Upgrades
Motor Replacements and/or controls
Appliance Upgrades

We Are Unrepentant Energy Nerds

We get excited around words like solar module efficiency, operating temperature and voltage drop, and to us the merits of solar electric are self-evident. However, we had to step out of ourselves and ask “why should I (home or business owner) go solar?” At Malcarne, we’re not like most solar companies. Our philosophy is ‘energy reduction before production.’ That’s because we first look for ways to reduce your energy needs before deciding on your solar needs. Most solar companies simply review your current energy bills and suggest a system that can handle those needs. We take a completely different approach. We’re certified Energy Managers. Our audit goes well beyond simply reviewing energy bills.

For Home Owners:
Appliance Replacements Refrigerators / Freezers
Window AC Units Dryers
Hot Water Heaters Pool Pumps
Low flow shower head replacements Lighting Retrofits
Insulation and air sealing HVAC upgrades
For Business Owners:
HVAC Upgrades
HVAC Monitoring and Control Systems
Lighting Upgrades
Motor Replacements and/or controls
Appliance Upgrades

The Malcarne Process

The Malcarne Process

Step 1: Set Up a Site Survery

Set one up via our website, email or call directly. We request a digital copy of your latest electricity bill (all we need from Central Hudson customers is your account number). Once we receive the bill, we request an hour of your time, although for larger commercial buildings it can take longer. We will go through your house or business with you and give you our expertise on your building’s energy use. The survey is free of charge, so if nothing else, you can use our energy experts to learn about your building’s electricity use.

Step 2: COLLECT OUR FINDINGS

and model your electric usage. We then determine the most cost effective electric reduction measures for your home or business. Using our model, we then calculate the amount of electricity saved via the electricity reduction measures. Next, we will cross reference your potential electricity reductions with your energy bill to determine your new electric use footprint. We then design your solar array based on this smaller footprint.

Step 3: REVIEW OUR FINDINGS

We review our findings and propose to you. Once you have agreed to move forward, we work with you and our partners to secure financing if requested. We will secure building permits, utility interconnection agreements, order materials, install the solar array as well as electric reduction measures, arrange inspections and close out all permits and interconnection requirements. You can expect updates on our progress at all points during the project. Not only will we continually update you, but you will also have a direct number to your project’s construction manager.

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Step 4: HANDOVER MANUAL

We create a handover manual for your records with all relevant information, set up online data monitoring for your solar production, and give you, a hands-on demonstration of how the equipment works.

How Solar Works:

Solar Electric Panels absorb sunlight and convert light energy into DC electricity. DC electricity is a form of electricity used in batteries. The DC electricity from the solar panels flows to an Inverter. The Inverter converts the DC electricity into AC electricity, the kind of electricity your home and business uses. The electric output from the Inverter will first satisfy any demand from your home or business and if any is left over, it will flow out into the grid.

Before it goes out into the grid, it will pass through an electric meter called a Net Meter also known as a PV Meter, which your utility will install free of charge. This PV utility meter measures electricity in kilowatt hours (kWh) which is the unit of measurement your utility uses to determine how much to bill you.

When electricity comes from the grid into your house, the number on your meter goes up. When electricity comes from your solar array out to the grid, the number on your meter goes down. Each month, the utility will note the number on your meter. If the number is more than last month, they will bill you for the difference, if the number is less than last month, they will credit your account (in kWh) for the difference. Your credits will continue to roll over month to month for a full year from your anniversary date (when it was installed).

With a correctly calculated Electric Reduction plan, and an appropriately sized solar array we can offset 100% of your electricity usage with solar (PV) production saving you tens of thousands of dollars on electricity costs, protect you from rises in electricity costs, and provide you with new appliances, lighting retrofits and heating/cooling upgrades.

Why Go Solar?

Why Go Solar?

For Homeowners

Savings

Lower or eliminate your energy costs while building equity in your home. We offer a wide range of financing structures to meet your investment requirements. Whether you are looking to lower your monthly costs (and build equity in your home at the same time), or make a larger upfront investment and maximize your electricity cost savings, we can match your individual goals. Depending on the financing structure, the typical New York single family house can expect to save anywhere between $27,000 to $55,000 AFTER accounting for project costs, over the course of the investment. In addition, homeowners are now insulated from rises and spikes in energy costs while at the same time getting Tax Exempt property value increases. Don’t forget: homeowners receive Federal and State tax credits for going solar; save on taxes too!

Incentives

NYSERDA Rebate- The New York State Energy Research and Development Authority will help you pay for your solar array. They offer what is called a “capacity based cash rebate.” This means that they will pay us, the installer, a rebate based on the wattage (your solar panels have a rated wattage; multiply this wattage by the number of panels) of your solar array, which is deducted from your project cost.

Federal Income Tax Credit: You will receive 30% of the system cost minus the NYSERDA rebate in federal income tax credits. You will have two tax seasons to use all of the credits.

State Income Tax Credit: You will receive 25% of the system cost minus the NYSERDA rebate, capped at $5,000, in state income tax credits. You will have five tax seasons to use all of the credits.

Financing

Our first step towards financing your project is finding out if you are eligible for a home equity loan or line of credit. We have partnerships with several local banks as well as national banks to make the process easy. We start with home equity because it is the best deal; the interest payments are tax deductible, essentially eliminating the interest costs of financing. We have direct contact with lending agents and we will do most of the application work for you.

Some homeowners do not want to dip into their home equity, that’s okay, we have many more solutions. With our financing partner, Spruce Financial, we can get homeowners signed up for short or long term loans, with low APR’s within minutes.

We also offer interest free bridge loans. Many homeowners will take a 12 to 24-month bridge loan for the amount of the resulting tax credits. The following tax season, instead of paying the government, they pay off the loan, completely eliminating any interest payments.

We will structure the project financing to meet your financial goals. Whether its an immediate reduction in monthly electricity costs or maximizing the investment, we can meet your needs.

For Business Owners

Savings

With Malcarne Solar’s reduction before production concept, business owners can reduce or eliminate not only electricity supply and delivery charges, but also demand charges. Business owners will be able to reliably predict their energy costs and not ever worry again about electricity price hikes. In addition to saving on electricity, business owners will also benefit from generous tax credits as well as tax deductions. Malcarne Solar can negotiate multiple kinds of financing structures to fit your business’s needs. Whether its immediate savings with no upfront cost, or maximizing energy and tax savings, or somewhere in between, Malcarne Solar will help your business’s bottom line.

Incentives

NYSERDA Rebate: The New York State Energy Research and Development Authority will help you pay for your solar array. They offer what is called a “capacity based cash rebate.” This means that they will pay us, the installer, a rebate based on the wattage (your solar panels have a rated wattage; multiply this wattage by the number of panels) of your solar array, which is deducted from your project cost.

Federal Income Tax Credit: You will receive 30% of the system cost minus the NYSERDA rebate in federal income tax credits. You will have two tax seasons to use all of the credits.

MACRS: MACRS (pronounced MAKERS) stands for Modified Accelerated Cost-Recovery System and depreciation is known as the reduction in the value of an asset over time due to wear and tear or normal use.

Depreciation is classified as an expense and may be deducted from your taxable income, thus reducing the cost incurred for the solar power system. Depreciation is your businesses way of recovering the costs incurred from a solar power installation.

Commercial solar power systems are eligible to be depreciated over a 5-year, accelerated rate schedule. You can find more information on IRS Publication 946: How to Depreciate Property. The most important detail to note is that 85% of the cost of solar is eligible for the 5-year depreciation rates.

Financing

We understand that the financial goals and needs for each business are different. That’s why we negotiate financing structures to fit your needs. Here are some examples:

1) A business owner is looking for tax relief, electricity savings and wants to add assets to their books. We’ll put you in touch with our commercial lending partners at several banks. The federal solar tax credits, NYSERDA rebate and MACRS depreciation deductions can cover up to 70% of the project cost. With a business loan from our trusted banking professionals you can deduct the interest payments as well. With the savings on taxes and energy costs, typical investment payback periods are under 5 years; so your business can enjoy 25-35 more years of return.

2) A business owner wants some tax relief, wants to add assets to their company, but does not want to show debt. We will negotiate an operating lease for you. With no upfront cost, reduce or eliminate your electric costs. The entirety of your lease payments is tax deductible. At the end of seven years buy the system at the greater of fair market value or 15% of the lease amount, then enjoy ownership of the system as well as take the MACRS tax reductions.

3) A business owner wants to lower their electric bills, has little or no interest in tax credits/reductions and does not want to make any investment. No problem. We will get you a Power Purchase Agreement. Our third -party financier will pay for the system, own and maintain the system and sell you the power it produces at a reduced rate.

Services:

Services:

Commercial & Residential Solar

Commercial Solar

With the electricity savings to tax incentives to economy of scale, commercial solar is an excellent investment for business owners. Malcarne Solar can bring even more value to your investment by implementing:

  • Lighting Retrofits (comes with Utility rebates!)
  • HVAC Upgrades
  • HVAC Controls and Monitoring
  • Energy Efficient Motor Upgrades
  • Motor Controls
  • Appliance Upgrades
  • Air Sealing/Insulation (for electric heating and cooling)

With solar and energy reduction projects at housing authorities, hospitals, senior care centers, gyms and more, Malcarne Solar has the experience, certifications, and values to make your project a win for your company’s bottom line.

Residential Solor

Save on electricity. Save on taxes. Build equity in your home. Increase your property value without an increase in taxes. Stop renting electricity and start owning it! Solar for the home is a winning investment for homeowners. Don’t stop there though- with Malcarne Solar you can also get:

  • New Appliances
  • Lighting Upgrades
  • Water Pump Replacements
  • New Bath and Shower Fixtures
  • HVAC Upgrades
  • Air Sealing/Insulation (for electric heating and cooling)

All for a smaller investment than just going solar. Maximize your investment in your home with Malcarne Solar.

Energy Monitoring

Included with every solar installation is solar production monitoring software. From anywhere in the world (where there is internet) you will be able to see what each individual solar panel is producing and what each panel has produced in the past. Not only will you have a bird’s eye and detailed view of your solar array production, your energy monitoring software will alert Malcarne Solar if there is ever an issue. Malcarne Solar can also install consumption monitoring. This will allow you to see in almost real time what your house is currently using side by side with your production. Consumption monitoring will give you assurance and more control of your energy usage. Some of our homeowners have taken this to the next level. We installed home automation, so they can see what they are producing, consuming and be able to turn on and offloads remotely, for full control of their energy. Ask your auditor for all your options and determine what level suits your needs.

Electric/Solar Survey

Free of Charge!/Solar Survey
Assessing the electricity use of a building is the cornerstone of Malcarne Solar. Our certified auditors will ask you a few simple questions about your energy use habits and then survey all the electric loads in the house. Then they will perform a solar site survey to determine the amount of available sunlight on your roof or property. With your electric usage history and this site survey, we can reduce your electric usage by swapping appliances, upgrading lighting and shower fixtures, setting timers, replacing water pumps, HVAC upgrades and/or HVAC controls, and insulation/air sealing for buildings with electric heat. We only suggest the most cost-effective options, as solar, along with its rebates and tax incentives, will cover the rest of your electricity needs. The electric/solar site survey is completely free of charge; contact us to schedule one today!

Full Energy Assessment

For building owners who want an audit for all energy use (electric, gas, oil, etc..), we suggest a full energy audit. Our certified auditors will not only perform the electric/solar survey but also run pressure diagnostics (to determine how well your building retains heating/cooling) as well as test and diagnose your HVAC system’s performance. With our findings in hand we will create a full model of your building and determine a wide range of energy efficiency measures that make sense for your building. By filling out an application, New York State will cover half to all of the survey cost (depending on income level). For the business or homeowner that wants the full picture of their energy usage, contact us to schedule the full energy audit.
Download Full Energy Assessment!
Download Full Energy Assessment!