Residential Financial Analysis
Homeowners can save 30% on the cost of installing a renewable energy system with federal tax credits. Financing options make it possible to invest in solar for your home with minimal out-of-pocket costs and have the system generate positive cash flow in the first year! See below for how the numbers break down for a typical residential system.
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Sample Residential System
(3.0 kW system with an average $150/mo electric bill)
| Net Savings (over 30 year life of system) | $105,199 |
| Home Appreciation | $19,000 - $22,780 |
| Rate of Return (after taxes) | 23% |
| Payback Period | 8 Years |
| Pounds of CO2 Avoided (per year) | 6,000 |
| Equivalent # of Trees Planted (per year) | 825 |