The Economics of Solar

Residential System Benefits

• Utility rebates of up to $3.00 per installed watt
• Reduced energy bills
• Federal tax credit of 30% of initial cost with no dollar cap
• State tax credit of $1,000
• System cost is sales tax exempt
• Increased Home Value
• Reduction in Carbon Footprint
• Equipment useful life of 25-30+ years
• Investment Rate of Return exceeding 12%

Example System Benefits

Solar System Size:		1.9 kW		3.0 kW		4.9 kW		10.1 kW		12.5 kW
Installed Price		11,875		18,450		29,400		60,398		74,375
Utility Rebate		(5,700)		(9,000)		(14,700)		(30,199)		(37,188)
Installed Price After Rebate		6,175		9,450		14,700		30,098		36,875
Federal Income Tax Credit		(3,563)		(5,535)		(8,820)		(18,119)		(22,313)
State Income Tax Credit		(1,000)		(1,000)		(1,000)		(1,000)		(1,000)
Net Installed Price After Rebates & Incentives		$1,613		$2,915		$4,880		$10,979		$13,563
Savings:
Est. First Year Utility Savings		$447		$695		$1,142		$2,335		$2,881
Est. First Year kWh Generated		3418 kWh		5316 kWh		8734 kWh		17848 kWh		22025 kWh
Est. 25 Year Savings		$14,889		$23,217		$38,188		$78,064		$96,242
Est. Immediate Increase in Property Value		$8,225		$12,825		$21,094		$43,120		$53,163
Roof Area Required (square feet)		128		199		327		668		825
Rate of Return on Investment		12.0%		13.0%		13.8%		14.5%		14.6%
Environmental Impact Equivalents:
Tons Reduction in CO2, a leading greenhouse gas		67		104		171		350		432
Offset of Miles Driven		218,087		339,246		557,333		1,138,897		1,405,447
Acres of Trees Planted Equivalent		1.1		1.8		2.9		6		7.4

Note: The system information outlined above was derived utilizing multiple assumptions, including home construction, size, energy usage patterns, utility rate structure, tax status, system design, and other variables. The information does not constitute a guaranteed price nor is it intended to be used as tax or financial planning advice.

This is merely a small sample of possible system configurations, pricing, and benefits

All system configurations are unique and require specific analysis. to contact Solar Eco Energy today to schedule your FREE SITE AND SOLAR FINANCIAL ANALYSIS which will ensure you get the solar system that best suits your needs.

Commercial System Benefits

• Utility rebates up to $2.50 per installed watt
• Reduced energy bills
• Federal tax credit of 30% of initial cost with no dollar cap
• Accelerated federal and state depreciation
• State tax credit of 10% up to $25K
• System cost is sales tax exempt
• Increased Property Value
• Reduction in Carbon Footprint
• Equipment useful life of 25-30+ years
• Investment Rate of Return exceeding 12%
• Payback periods commonly less than 7 years

Due to the complexity of commercial solar systems, including but not limited to, rebate and incentive variables, tax considerations, and design options, a pricing example is not provided on our website.

Rest assured that Solar Eco Energy will be pleased to meet with your team to discuss your requirements and break down the pricing and design variables to help you achieve the performance that you expect from your commercial investment.

Arizona Incentives & Rebates

NC States Dsire Incentive Database