Solar Energy Installation
The best way to Go Green and Be Cool is to Go Solar
Solar panel installation is finally affordable. A properly designed and installed Photovoltaic System and a commitment to a Clean, Green energy strategy can pay for itself in as little as 5 to 10 years.
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How can I afford Solar Panels?
- First, of all the Photovoltaic industry has made huge advances in the efficiency and cost effectiveness of Solar Electric Systems in last few years.
- Second, the Federal Government's Income Tax Credit offsets 30% of the cost of residential and commercial Solar Photovoltaic systems.
- Third, local Utility and solar rebates offset as much as $2.10 - $4.50 per installed watt!
Let's take a look at a realistic Residential Solar installation senario.
Solar Energy Worksheet
| Home Size: | 2500 sqft |
| PV System Size: | 3000 watt |
| Dollars per watt Cost: | $7 / watt |
| Total Cost: | $21,000 |
| $2.46 / watt Utility Rebate: | -$7,380 |
| Sub Total: | $13,620 |
| 30% Federal Grant or Tax Credit: | $4,086 |
| Total Investment: | $9,534 |
| Annual Output: | 4,376 kWh |
| Average / kWh Cost in Texas | $0.15 / kWh |
| Current Annual Value: | $656 |
| $656 x 20= Immediate added property value: | $13,120 |
| $656 / $9,534= Tax Free Rate of Return | 6.8% |
| Avg Rate of Utility Increase in Texas: | 8% |
| Projected Average kwh cost in 2014: | $0.24 / kWh |
| Projected Annual Value in 2014: | $1,050 |
| $1,050 / $9,534= Tax Free Rate of Return | 11% |
Contact us if you would like to schedule service or visit our online store to purchase our products over the web.
You're one phone call away from a more comfortable energy efficient home.
Green Mountain Energy Company’s Pollution Free – Reliable Rate
- Consulting: Energy Efficiency Inspections.
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Many people would like to have concrete answers when it comes to energy efficiency. A Cooler House, with years of experience in the field of energy efficiency, offers energy consulting to businesses and home owners. We have certified inspectors with experience in BPI, HERO, HERS, and CMC energy efficiency inspections.
We have used our experience with electric utility companies, non profits and government agencies. We currently have a ...
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Federal Amount Available: $300 million, nationally SECO Estimated Allocation: $23,341,000
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It ...
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It is really nice to be able to make a ...
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