Enter your utility provider |
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Enter your Monthly kWh Usage
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Your Average Power Bill
(after August 2006)
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System Size with 3 Options
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Option 1
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Option 2
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Option 3
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System Size
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Small
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Medium
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Large
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% of Total Power Bill
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40% |
60% |
100% |
System Size in kW
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Projected Solar system kWh/month
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Solar system price at $9.00 per watt
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Less Federal Tax Cut up to $2000
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Less State Rebate |
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Total System Price after Federal and
State Incentives
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Current Power Bill
(Using August 2006 rates)
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New Power Bill with Solar
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Finance your System with a Home Equity Loan
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Cost of Money (Home equity loan)
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6.00%
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6.00%
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6.00%
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Number of years financed
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30
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30
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30
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Your Monthly Loan Payment
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Your State and Federal Tax Bracket
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30%
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30%
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30%
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Your State and Federal Tax Savings
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Your Monthly Solar System Cost after tax
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Savings (Short term and Long term)
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Rate of Energy Cost Inflation
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6%
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Your Savings per Month (1st year)
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Your 30 Year Savings
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