1 Solar Partner for Your Business
#1 Solar Partner for Your Business
• • • • • • •
Deep knowledge of tax strategies & planning In-house structural & electrical engineering expertise for complicated installations Dedicated point-to-point planning with single point of contact In-depth knowledge of small business requirements & needs Weekly project updates & seamless integration of project to suit small business needs No change orders unless requested by customer Roofing expertise for end-to-end maintenance & operations
2 2
Pingo at a Glance History Pingō: to paint, make by painting
About Pingo Solar
• Pingo Solar is the residential & commercial affiliate of Cenergy Power, the nation’s 4th largest commercial installer • We are the price leader in Southern California • We are transparent, only offering purchases via loans and straight purchase via loans & PACE Value Proposition Upfront pricing, with no pushy sales people
Guaranteed Lowest Price, always
Rail-less technology; less weight = less problems
Structured financing expertise
Pingo Team
3
Pingo Team David Yoo | Founder & CEO UC Berkeley – BA Ex-Samsung, CFO/GM @ S-Energy 10+ years of experience in solar industry
Micah Vetter | Sales Manager Cal State Northridge – BS Ex-Broadstreet Energy, REGreen Corp
Colin Shanner | Director of Sales Ft. Lewis College – BA Ex-First Plus Credit & Preferred Credit Director of Sales @ SolarMax
John Bui | Sales Manager San Diego State – BA Ex-Premier Power Sales Manager
Sylvie Berkoben | Customer Relations San Diego State University – BS Math
Scott Ahn | Customer Relations Manager UC Irvine – BA Psychology Ex-MBI, Marketing Associate
Mark Kim | Director of EPC Services Cal State Long Beach – BA Ex-COO Martin Builders, Ex-Belkin, AT&T
Kat Aranda | Customer Relations UC San Diego – BA Ex-Scripps Institute
Taylor Yang | Director of Engineering Jeju University – Architectural Engineering Ex-S-Energy, Mechanical Engineer @ LG
Andy Jung | Site Audit and Logistics Manager Hankyong University – Export Marketing Ex-SunSmart, Logistics Manager
Pingo Team
4
Board Advisors & Investors Steve Chan | Board Advisor UC Berkeley / Boston College – BA, JD Ex- Milbank, President @ Suntech President @ NRG, VP @ GCL Poly
Kang Ahn | Board Advisor Stanford / Yale – BA, MBA Ex-IBM, Principal @ Samsung Ventures COO @ MasterImage 3D
Cenergy Power | Seed Investor Nation’s 4th Largest Commercial Installer
Jerry Slavonia | Ex-Board Advisor SF State – BA Ex-Rent.com, CEO-Nestigator Led marketing at Rent.com. Rent acquired by Ebay for $433m Tom Van Daele | Investor Luca School of Arts Principal @ Unknownlab Ex-TBWA/Chiat/Day, Ex-Ogilvy Mather
Key Markets
5
We’re Local Markets We Serve Orange County San Diego County Kern County Fresno County Ventura County Los Angeles County
6
Why Go Pingo?
PINGO SOLAR PURCHASE - $0.05/kWh The Pingo Purchase is the best value solar purchase method. You purchase your system, keep the tax credit and enjoy the power you produce, with ZERO down finance options.
SOLAR LEASE - $0.18/kWh The solar lease rises starts at $0.18/kWh and rises 2.9% per year there after. After 10 years, the lease rate becomes $0.32/kWh.
ELECTRIC UTILITY - $0.25/kWh Your electric utility charges an average of $0.25/kWh. Rates have risen 6% per year on average. You consume brown power.
MAKE DOLLARS AND SENSE ON YOUR PROPERTY Authorized Service Center for Hyundai Solar
Tier 1 Solar Equipment Only
In-House Engineering
Drone Based Site Audit Technology
SolarEdge Included in All Projects
7
Key Benefits Maintenance
Module-level monitoring allows for lower cost of maintenance over solar facility life
Connectivity
SolarEdge provided GSM cellular modem good for 5 years - Additional subscription after 5 years is only $100/year for projects 20-100kW - No direct internet service required - Real-time monitoring on Android/iPhone or browser
Future Proof
Meets new NEC requirements for Rapid Shut-Down, without additional sub-components like SMA, Sungrow or Huawei
Warranty
• •
20-25 Year Inverter Warranty Extensions available 25 Year DC Optimizer Warranty standard
Bird-poop Proof your Solar System: Module performance separated from balance of string
Know when your modules are not performing
Pingo Customers
8
Our Work
Project: Samsung Location: Compton, CA Scope: Turnkey Installation Size: 498kW
Project: Metro Nissan Location: Redlands, CA Scope: Turnkey Installation Size: 181kW
9
Our Work
Project: Green Acres _UBOC Location: Elk Grove, CA Scope: Construction Mgnt Size: 4.98MW
Project: LS Energy Location: Arlington, AZ Scope: Maintenance Size: 250MW
10
Our Work
Project: Nally&Millie Location: Los Angeles, CA Scope: Turnkey Installation Size: 275kW
Project: Sunkist Farms Location: Porterville, CA Scope: Turnkey Installation Size: 698kW
11
Our Work
Project: JCPenney Location: Antioch, CA Scope: Turnkey Installation Size: 500kW
Project: Riverwalk Pediatrics Location: Bakersfield, CA Scope: Turnkey Installation Size: 38kW
12
Our Work
Project: Pamex Location: Chino Hills, CA Scope: Turnkey Installation Size: 64kW
Project: SMUD Location: Sacramento, CA Scope: Turnkey Installation Size: 68kW
13
Our Work
Project: Barona Tribe Location: Lakeside, CA Scope: Turnkey Installation Size: 7 Homes
14
Our Work
Project: Pala Tribe Location: Fallbrook, CA Scope: Turnkey Installation Size: 35+ Homes
15
Our Work
Contact
8201 Orangethorpe Ave. Unit D, Buena Park, CA 90621 [email protected] 760-888-1228
• • • • • • •
Deep knowledge of tax strategies & planning In-house structural & electrical engineering expertise for complicated installations Dedicated point-to-point planning with single point of contact In-depth knowledge of small business requirements & needs Weekly project updates & seamless integration of project to suit small business needs No change orders unless requested by customer Roofing expertise for end-to-end maintenance & operations
2 2
Pingo at a Glance History Pingō: to paint, make by painting
About Pingo Solar
• Pingo Solar is the residential & commercial affiliate of Cenergy Power, the nation’s 4th largest commercial installer • We are the price leader in Southern California • We are transparent, only offering purchases via loans and straight purchase via loans & PACE Value Proposition Upfront pricing, with no pushy sales people
Guaranteed Lowest Price, always
Rail-less technology; less weight = less problems
Structured financing expertise
Pingo Team
3
Pingo Team David Yoo | Founder & CEO UC Berkeley – BA Ex-Samsung, CFO/GM @ S-Energy 10+ years of experience in solar industry
Micah Vetter | Sales Manager Cal State Northridge – BS Ex-Broadstreet Energy, REGreen Corp
Colin Shanner | Director of Sales Ft. Lewis College – BA Ex-First Plus Credit & Preferred Credit Director of Sales @ SolarMax
John Bui | Sales Manager San Diego State – BA Ex-Premier Power Sales Manager
Sylvie Berkoben | Customer Relations San Diego State University – BS Math
Scott Ahn | Customer Relations Manager UC Irvine – BA Psychology Ex-MBI, Marketing Associate
Mark Kim | Director of EPC Services Cal State Long Beach – BA Ex-COO Martin Builders, Ex-Belkin, AT&T
Kat Aranda | Customer Relations UC San Diego – BA Ex-Scripps Institute
Taylor Yang | Director of Engineering Jeju University – Architectural Engineering Ex-S-Energy, Mechanical Engineer @ LG
Andy Jung | Site Audit and Logistics Manager Hankyong University – Export Marketing Ex-SunSmart, Logistics Manager
Pingo Team
4
Board Advisors & Investors Steve Chan | Board Advisor UC Berkeley / Boston College – BA, JD Ex- Milbank, President @ Suntech President @ NRG, VP @ GCL Poly
Kang Ahn | Board Advisor Stanford / Yale – BA, MBA Ex-IBM, Principal @ Samsung Ventures COO @ MasterImage 3D
Cenergy Power | Seed Investor Nation’s 4th Largest Commercial Installer
Jerry Slavonia | Ex-Board Advisor SF State – BA Ex-Rent.com, CEO-Nestigator Led marketing at Rent.com. Rent acquired by Ebay for $433m Tom Van Daele | Investor Luca School of Arts Principal @ Unknownlab Ex-TBWA/Chiat/Day, Ex-Ogilvy Mather
Key Markets
5
We’re Local Markets We Serve Orange County San Diego County Kern County Fresno County Ventura County Los Angeles County
6
Why Go Pingo?
PINGO SOLAR PURCHASE - $0.05/kWh The Pingo Purchase is the best value solar purchase method. You purchase your system, keep the tax credit and enjoy the power you produce, with ZERO down finance options.
SOLAR LEASE - $0.18/kWh The solar lease rises starts at $0.18/kWh and rises 2.9% per year there after. After 10 years, the lease rate becomes $0.32/kWh.
ELECTRIC UTILITY - $0.25/kWh Your electric utility charges an average of $0.25/kWh. Rates have risen 6% per year on average. You consume brown power.
MAKE DOLLARS AND SENSE ON YOUR PROPERTY Authorized Service Center for Hyundai Solar
Tier 1 Solar Equipment Only
In-House Engineering
Drone Based Site Audit Technology
SolarEdge Included in All Projects
7
Key Benefits Maintenance
Module-level monitoring allows for lower cost of maintenance over solar facility life
Connectivity
SolarEdge provided GSM cellular modem good for 5 years - Additional subscription after 5 years is only $100/year for projects 20-100kW - No direct internet service required - Real-time monitoring on Android/iPhone or browser
Future Proof
Meets new NEC requirements for Rapid Shut-Down, without additional sub-components like SMA, Sungrow or Huawei
Warranty
• •
20-25 Year Inverter Warranty Extensions available 25 Year DC Optimizer Warranty standard
Bird-poop Proof your Solar System: Module performance separated from balance of string
Know when your modules are not performing
Pingo Customers
8
Our Work
Project: Samsung Location: Compton, CA Scope: Turnkey Installation Size: 498kW
Project: Metro Nissan Location: Redlands, CA Scope: Turnkey Installation Size: 181kW
9
Our Work
Project: Green Acres _UBOC Location: Elk Grove, CA Scope: Construction Mgnt Size: 4.98MW
Project: LS Energy Location: Arlington, AZ Scope: Maintenance Size: 250MW
10
Our Work
Project: Nally&Millie Location: Los Angeles, CA Scope: Turnkey Installation Size: 275kW
Project: Sunkist Farms Location: Porterville, CA Scope: Turnkey Installation Size: 698kW
11
Our Work
Project: JCPenney Location: Antioch, CA Scope: Turnkey Installation Size: 500kW
Project: Riverwalk Pediatrics Location: Bakersfield, CA Scope: Turnkey Installation Size: 38kW
12
Our Work
Project: Pamex Location: Chino Hills, CA Scope: Turnkey Installation Size: 64kW
Project: SMUD Location: Sacramento, CA Scope: Turnkey Installation Size: 68kW
13
Our Work
Project: Barona Tribe Location: Lakeside, CA Scope: Turnkey Installation Size: 7 Homes
14
Our Work
Project: Pala Tribe Location: Fallbrook, CA Scope: Turnkey Installation Size: 35+ Homes
15
Our Work
Contact
8201 Orangethorpe Ave. Unit D, Buena Park, CA 90621 [email protected] 760-888-1228
