Building Management Hawaii - February/March 2012 - (Page 16)

the roofing system are met so that the warranty is not voided. A typical PV installation can include anywhere from dozens to hundreds of penetrations to the roofing system – every penetration requires a specific type of flashing to ensure a sound waterproof platform for a power generating array. Keep in mind that there are many roofing types of various formulations and nomenclatures. Materials compatibility are concerns for high consideration due to the advent of technology that has increased performance life expectancies. One can not under emphasize the continuity of the manufacturer warranty, which is in many cases worded to protect the manufacturer of the roofing assembly. As a side comment, there are an elite amount of roofing manufacturers that will support a systems warranty if property disclosure and prejob information is provided in compatibility with PV systems. Keep in mind, when a system NDL warranty is acquired – the customer is backed by manufacturers with strong financials to be able to weather the ups and downs of the economy to support the warranty. How does investing in clean energy actually pay back? Commercial development of renewable energy and energy efficiency is critical to Hawaii’s energy future. Building owners can hedge themselves against rising energy costs and can provide additional streams of income to their bottom line. From a holistic perspective, the valuation of real estate as an income-producing asset is determined by the income it generates. What is the one floor on any building So Does Photovoltaic Make Fiscal Sense For Your Building? AOAO / HOA/ Community Association System Benefits One Unit System Benefits Multiple Units Typical Properties SFR/Townhouses Individual Owner/AOAO member Individual Owner/AOAO member 30 percent 35 percent or $5,000/system Typically Ideal Generally no, unless in AOAO n/a 3-7 years not ideal Lower Electricity Costs Tax Incentives Increase Property Value Ideal for most Typical Properties Condo/High rise/Low rise Individual Owner/AOAO member Individual Owner/AOAO member 30 percent 35 percent or $350/unit Varies based on # units & roof area Generally yes n/a 7-9 years not ideal Lower Common Area Electricity Green Initiatives Increase Property Value Varies case by case Non-Profit Residential For Profit or Non-profit For Profit Commercial Property Commercial Non- Profit Commercial Property Owners or PPA Owners and PPA 30 percent (PPA) 35 percent or $500,000/system (PPA) typically ideal n/a yes 1-3 years (for PPA) yes No Cash Outlay with PPA arrangement Lower Electricity cost Increased Property Value Ideal Who can invest Who Benefits Fed. Tax Incentives State Tax Incentives Roof Space Common Area Roof High Energy CAM Payback Period PPA Ideal? Benefits of PV Installation Feasibility Owners or PPA Owners or PPA 30 percent 35 percent or $500,000/system typically ideal n/a yes 1-3 years only if tax liability low Tax Incentives MACRS implications Acc. Depreciation Lower Electricity cost Increased Property Value Ideal Feasibility depends on building and classification as SFR or multi-unit, intended usage and tax situation. Neither CRW nor its affiliates and employees are tax professionals. The tax information provided herein is provided as a guide only. Please consult your tax advisor for professional guidance. 16 February-March 2012 BMH www.buildingmanagementhawaii.com http://www.buildingmanagementhawaii.com

Table of Contents for the Digital Edition of Building Management Hawaii - February/March 2012

Cover
Editorial
Associations
Movers and Shakers
Aimee Harris, Trade Publishing’s New Editorial Director
Energy-generating Elevators
Rooftop Evolution: The Convergence of Roofing and Energy Technologie
Being Smart About PV Systems
Hawaii Energy and You
Solar Leasing Programs Lower Costs and Maintenance
Shifting Winds: The Changing Shape of A/C
How Safe Is Your Safety Glass?
Window Glazing as a Source of Water Leaks
Technologically Advanced Window Films Provide Smart Solutions
Hawaii Buildings, Facilities and Property Management Expo 2012

Building Management Hawaii - February/March 2012