4 2016 Building & Design Expo || KONA-KOHALA CHAMBER OF COMMERCE FEBRUARY 12-14, 2016 SPONSOR PROFILE Renewable Energy Services In 1992, when Hawaii Island resident, Peter Shackelford, started Renewable Energy Services, Inc., the work consisted of installing windmills and solar panels with a battery to power homes that were off the HELCO grid. Shackelford used his experience as an engineering technician with the Hawaii Natural Energy Institute (HNEI) and the Pacific Center for High Technology Research (PICHTR) to design reliable electrical power systems that were backed up by customer care and professional service. The business has grown to 15 full-time employees including his wife, Lisa, and two sons, Roland and Tally. Roland was the first kamaaina to earn the National Association Shackelford sees the industry turning full of Board Certified Energy Practitioners (NABCEP) circle back to the days when a battery was an certification in Solar PV module installations. integral part of every solar power system. With the advent of Net Metering, RES added “Now even owners of grid connected solar grid connected solar power systems to their offering systems will need to manage their solar energy and has thousands of kWs of grid connected with a battery,” Shackelford says. “It only makes residential and commercial Solar PV systems sense that distributed solar generation should be in addition to continuing their off-grid work. combined with distributed storage as a means of Today, with the closing of Net Energy Metering modernizing the way the grid works for the future.” as a means of interconnecting with the utility, The new HELCO rules discourage and often disallow exporting solar energy into the grid and that is where the battery comes in. Customers can harvest their roofs’ solar energy and store it in their battery during the day for use later at night, never exporting to the grid but keeping a grid connection for cloudy times when the sun isn’t enough. Time of Use (TOU) rates, which are just around the corner, will make the economics of home solar storage even more attractive. Given their long history with battery based PV systems, Shackelford and the RES team are well positioned to understand the new rules and the dizzying array of new high tech batteries that are available like the TESLA Power Wall and others. RES represents Aquion Energy, a manufacturer of a unique, non-toxic salt water battery and is an authorized Sonnen Batterie Center, representing the German company Sonnen and their integrated storage solution utilizing the Sony Lithium Ion battery. RES is passionate about the benefits of solar power with storage and committed to it’s safe and artful use on Hawaii Island today and for generations to come. Federally insured by NCUA. VISIT US AT BOOTH #4 *APR = Annual Percentage Rate. HELOC introductory rates valid for applications received between February 1, 2016 and March 31, 2016 and may change at any time without notice. An initial draw of at least $25,000 is required. Otherwise the applicable Current Variable Index Rate will apply. After the introductory period expires, your rate will vary and the applicable Current Variable Index Rate will CRRN6JKUQHHGTCRRNKGUVQPGY*QOG'SWKV.KPGUQH%TGFKV4GſPCPEKPIQHGZKUVKPI HCFCU Home Equity Lines of Credit are not allowed. If you elect the 1-year, 3-year, 5-year or 7-year introductory rate, it will remain in effect until expiration of the introductory rate period.**The Current Variable Index Rate is based on the Weekly #WEVKQP *KIJ QH OQPVJ 75 6$KNN RNWU C OCTIKP QH UWDLGEV VQ C ƀQQT QH 5.00%. The Current Variable Index Rate shown is current as of February 1, 2016 and will not exceed 15.00% APR. ***Minimum credit line is $10,000. To obtain the introductory rates and/or waived closing costs, the minimum credit line is $25,000. The maximum credit line is $300,000. The credit union waives ordinary closing costs for certain third party fees (e.g. real estate evaluation, recordation, documentation, VKVNG UGCTEJ GUETQY ƀQQF FGVGTOKPCVKQP QT CRRTCKUCN EQUV GUVKOCVGF CV VQ $2500. You will be required to pay other closing costs involving trust review or other legal documentation. Only improved residential property in Hawaii is accepted as collateral up to 80% loan-to-value. Property must be fee-simple and owner occupied. Property insurance is required. There is no transaction or other activity charges. Membership in the credit union is required. Rates, terms and conditions are subject to change without notice. Other terms and conditions apply. Speak to a credit union representative for more information. Apply today! 930-7700 hicommfcu.com Happiness starts at home! Hawaii Community Federal Credit Union has the rates and terms you need. Use the equity in your home to consolidate debt, take a family vacation, pay for college tuition or anything else that will make your home happy! 1.00% 1-Year Fixed Rate APR* 3.00% 3 -Year Fixed Rate APR* 4.00% 5 -Year Fixed Rate APR* 4.50% 7-Year Fixed Rate APR* 5.00% Current Variable Rate APR** Our Home Equity Line of Credit will make you smile with HIGHER LTV FINANCING & NO CLOSING COSTS!***
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