Typical Golf Course Savings & Any Business Return On Investments
Breakthrough Universal Solar Charging Systems Fits All
- Charging Costs when using Wall Charger
- Golf Cart Use
- Energy Consumption $
- Test Results
- Yearly Savings
- Prolong Battery Life
- Pay Back Analysis
- Earth Care Branding Solar Panels- Peel N Stick
This cost analysis was prepared using data collected during the several trial test at typical Golf Courses. This pay back analysis is an estimate based on environmental conditions, use of golf cart, and current utility costs. Actual savings and pay back time may be different from estimates.
Charging Costs when using Wall Charger
A 120-volt battery charger is rated to draw 10 amps of power. The power you use in charging the batteries is measured in kilowatt-hours. The formula is “volts X amps = watts”: The utility rates below may change in different parts of the US.
|Energy Rating||Multiplying Factor||Rates|
|Charger||120 Volts X||10 Amps =||1.2 Kilowatts
|1.2 Kilowatts X||1 Hour =||1.2 Kilowatt Hour|
|Utility Rate ($0.116)||1.2 Kilowatts X||$0.116 =||$0.14 Rounded per
hour of Charging
|It cost $0.14 per hour to charge carts|
1. Conventional golf cart – No solar roof: 54 holes
2. Peel and Stick: Minimum 72 holes – Maximum 144 holes
The trials tests were conducted under normal business operations, using golf course’s carts, employees, and guests. The tests were not modified to produce favorable results.
Golf Cart Use
Comparison Test between a non-solar golf cart and a solar driven golf cart
A non-solar golf cart’s battery is depleted approximately 30% after 18 holes of golf.
The Peel N Stick Solar Driven Carts that did the minimum of 72 holes of golf had a depletion of battery charge by 45%.
A typical set of golf cart batteries takes approximately 5 hours to fully charge a completely depleted battery system. Based on cart use, the non-solar charged carts, after 18 holes of golf were charged back up in 3 hours utilizing standard wall plugged 110 chargers.
This was not the technique or goal of The Resource Center (Earth Care Branding) to show our proven productivity of the peel and stick solar charging system.
The next course tested for the 72 holes of golf basically preformed in the same manner, meaning a 45% depletion in batteries for the solar charged carts. The non-solar cart after 18 holes went back to the barn and charged for 3 hours. This took labor, loss of playing time, not to mention the golfing fees lost during that period of time. We understand some non-solar golf carts can do more rounds of golf than the 18 holes, but the battery system depletes of charge at a rapid rate.
Therefore the time to recharge would change from 3 hours to 5 hours, creating more loss of time available on the course and taken its toll on the batteries of the golf cart.
The Solar Charged Peel and Stick Systems were given one third of the carts that were not recharged by plugging into the wall. They were left outside to charge and document the time it took to reach an 85% charge on the batteries. This was done to compare a non-solar charged golf cart, which depletes 30% after 18 holes to the filling of the solar charged golf cart up by 30%.
The major difference is the non-solar carts were only obtaining 18 holes of golf with a 30% depletion of battery charge. The solar charged carts had depleted 45% but the big difference they achieved a minimum of 72 holes of golf. The results were it only took leaving the carts sit outside the same evening for 4 hours and 4 hours of sunlight the following day. The carts were not being used during the total of 8 hours.
Energy Consumption Explained in Dollars
Using the equation and information provided above, a golf course spends approximately $22,995 a year to charge 150 golf carts for three hours every day: The illustration below is a non solar charging system.
|Energy Consumption||Utility Rate||#Hours Recharging||#Golf Carts||Days/Year||Recharging Cost / Year|
All this takes labor, time and space and you are only receiving 18 holes at a time.
By setting in place an alternating system of the golf cart use and allowing the batteries to charge from sunlight.
We found if the course decided to give a full charge the batteries after 72 holes after allowing sitting out time for recharging.
It would only take the 15% of charge needed by plug in on an average of 1 to 2 hours.
We also found that some of the time charges to top off the batteries were not really needed.
Trickle Charge of the batteries also increases the battery life.
A huge income consideration for purchasing our Solar Charging Systems is the amount of times per day you can re-rent the cart.
At the very least you would be able to double or triple your income daily. Based on a $35.00 golfing and cart fee for 18 holes,
saving money on charging cost, and if you are in business you can enjoy the huge Tax Deductions explained in the write up below.
The Resource Center (Earth Care Branding) wants to make it very plain that anytime a battery reaches 50% depletion of charge you
should stop your cart and charge in the manner you choose. Battery manufactures recommend charging anytime a battery discharges down to 50%.
Prolong Battery Life
Sulfation is the primary reason that batteries need to be replaced. Solar panels provide a constant charge to the battery bank preventing the
crystallization of lead sulfate and can double battery life. Undercharging of a battery to only 90% of capacity will allow sulfation of the …
Low electrolyte level – battery plates exposed to air will immediately sulfate. The Resource Center (Earth Care Branding) Charging Systems
will keep the batteries active with trickle charging and eliminate much of the problem.
Batteries cost $700 per golf cart.
$700 x 150 golf carts= $105,000
Batteries are normally replaced every three years.
The Resource Center (Earth Care Branding) Solar Charging Symptoms have proven in the field to increase batter life by 2 years. Battery cost averages $35,000 a year. The Peel and Stick Solar Charging System reduced the battery cost to $21,000 per year.
The 30% tax credit ended December 31, 2013. We understand that Congress hopes to vote it back for 2014 retroactive to Jan 1, 2014. If they do, you will be able to deduct 30%. You may use our web site to keep up with all Federal & State Tax advantages.
Resource Center (Earth Care Branding) Peel N Stick Solar Roof Kit Payback Analysis
This payback analysis shows the purchase of one Peel N Stick Solar Charging System Priced Retail $995.00. Most of our charging systems are sold wholesale based on volume at lower pricing.
Outline Below is a Year by Year Cash Tax Savings
Even though this is a tremendous saving, your cash tax savings per panel are shown below. One panel has a cash tax savings over a period of 5 years that would give you a return on investment of 238.1 % at a cash savings total of $2369.00. Now let’s take this figure and multiply it times 150 Units X $2369.00=$355,350. If you paid $995.00 for each panel you would have originally paid a total of 150 Units X $995 = $149,250.
GOLF CARTS SOLAR ENERGY PROGRAM
➢ Solar Panel Roof for End Users
➢ Solar Power Efficiency
➢ If you drive the ordinary solar golf cart (vehicle) four mile or less a day on a flat terrain and keep the vehicle outside in summer peak sun, the batteries will be recharged by solar power and will not require to be plugged in.
➢ Our unit Peel and Stick Thin Film – Pulls all day long from Sun up to Sun down.
➢ Or said another way, for every one and three-quarter hours the vehicle solar panel roof is charge in daylight hours, the vehicle will drive one additional mile further on flat terrain.
➢ Because the solar top is providing a continuous charge to the batteries from daylight to dark, the batteries will maintain a better charge and last longer. For every 1% reduction in draw down of a battery, there is 3% increase in battery life. Using the Peel and Stick Thin Film Solar Panel Roof, the battery life will be extended by an average of 30%.
➢ The following will summarize the cumulative economic benefit of using the Peel and Stick Thin Film Solar Panel Energy on a Golf Cart (vehicle) for business use.
GOLF CART Business Purchase of Solar Panel Roof Kit Cash Tax Savings at a cost of $995.
|Cash Tax Savings||Cash Savings||Total||Net Cash Cost||ROI *|
|First Year||$ 406.00||$ 383.00||$ 789.00||$ 206.00||79.3%|
|Second Year||$ 418.00||$383.00||$1,184.00||($189) **||119.%|
|Third Year||$ 430.00||$383.00||$1,579.00||($584.) **||158.7%|
|Fourth Year||$ 442.00||$383.00||$1,974.00||($979.) **||198.4%|
|Fifth Year||$ 454.00||$383.00||$2,369.||($1,374.) **||238.1%|
* Return on Investment
** Negative Cost of unit when tax savings and operational savings exceed original cost.
Cash Tax Savings is the amount the tax cost is reduced.
Cash Savings is the amount of operational cost saved by use of the Solar Panel.
The payback for investing in a solar roof panel can be almost two years. Here are the numbers:
Capital cost of solar panel roof $995.
Section 179 Deduction $995.
(For 2014 Section 179 allows up to $25,000, unless Congress extends the amount of the deduction)
$394. Federal Tax 1st Year Saving from Section 179
$ 12. State Depreciation (5 Years 120) 1st Year Savings
$ 12. Part of Annual Tax Savings above
Total 1st Year Tax Savings $ 406.
Net Capital Cost 1st Year $ 128.
*1 Internal Revenue Code, Section 179
*2 A state depreciation is available in states that collect a state income tax.
*3 In some states, the state sales tax does not apply for purchasing solar.
The First Year Return on Investment for a business is 87.1%.
The Five Year Return on Investment for a business is 277.3%.
Annual Operating Savings
Utility bill reduction * $216.
Improved cart utilization $ 94.
Increased battery life $ 73.
Annual Cash Savings $383.
Cash Savings above
Better customer relations $100
Total Annual Savings $561
* Electrical savings are based on $.10 kilowatts/hour (Environmental Impact (Solar power is the most effective source of energy because nothing goes back to pollute the environment. It is renewable and sustainable and does not diminish natural resources. (For every 1.0 kilowatt of electricity generated by solar power, nearly 2.5 pounds of carbon dioxide are NOT released into the atmosphere (source: U.S. Environmental Protection Agency). (Using solar power rather than fossil fuel power on the golf cart reduces the CO2 released into the air by 452 pounds per year.
–Appeals to all who want to protect the environment.
–Reduces the chance of stranded golfers at the far end of the golf course because of dead batteries
–Gives the golf cart more power to use on hilly terrains.
–Ideal for campers in remote areas with no plug-in ability.
–Eliminate plug-in altogether for short distances in sunny areas for businesses with maintenance vehicles.
–Reduces your electricity bill.
–Is a portable power generation system that can be used in emergency situations? You can plug in 12-volt appliances when the power is out such as radios, heaters, fans, lights, and even small refrigerators.
–The solar top is removable and can be transferred to another golf cart.
–Is an affordable way to convert a golf cart to solar power? You can Velcro, snap or use peel and stick.
–For non-profits with golf carts, it is a manageable fund-raising target to go solar.
Thanks so much for contacting us and taking the time to read our short introduction about our products and opportunities. Please take the same time viewing our complete frequently asked questions.
Resource Center (Earth Care Branding)
Grady Sr. , Ph.D.