Local Solar Facts
- Solar Exposure per day per KWinstalled (insolation): 5.43 kWh
- Average cost of electricity in your area: $0.12 per kWh
- Expected Annual Energy Yieldper installed kW: 1,592.07 kWh
- Average Annual Cost savings per installed kW (residental): $144.79
- Average Annual Cost savings per installed kW (commercial): $115.03
Costs & Payback Analysis
- Payback period: 12.5 years
- Required System Size: 8.40kW
- Estimated Cost Before Rebates $51,300
- 25 year Savings: $49,000
- Break Even Point: 22 years
Financing Options Available in your area:
- Leasing -Yes
- HELOC -Yes
- PPA -No
- Bank financing -Yes
- PACE -No
About Your System
- Requrend Roof size: 850 sq ft
- It will take approximately 3 days to install
- Total Carbon offset: 19,780 pounds per year
- Equivalent to planting 49 trees
- Equivalent to driving 21,400 miles
- Equivalent to 1000 people turning off a 100W light bulb for 1 hour
Additional Information
Estimating System Costs
Rebates, Tax Credits and Other Incentives
Federal Rebates
Current Federal Rebates Include a 30% Tax Credit.
There is currently a 30% tax credit for qualified renewable energy systems that is valid until December 31st, 2016. In 2009, legislation was passed (the 1603 grant) that allowed taxpayers to receive this 30% rebate as a cash grant versus waiting for a tax credit. The 1603 grant has been very popular and there is a lot of pressure on congress to extend this grant. However, as of December 31st, 2011 the 1603 grant is officially expired and unless congress acts to pass this or another longer term version of it, taxpayers will only be able to receive a tax credit.
A history of Federal Rebates and much more information can be found at SolarPlanet.net’s Federal Solar Rebates Overview.
State Rebates
We are currently updating our current list of state rebates, however, you can visit our main website, Solar Planet, which has information on most states by clicking here: Solar Rebates