Residential Solar Calculator
 |
Disclaimer: The following residential solar power calculator is
provided as a courtesy to you, for approximation and general cost idea
only. To better asses your solar needs and to get a
FREE Energy Evaluation together with a solar system proposal, please fill out our Survey, and we'll contact you shortly. |
Enter your utility provider |
|
|
Enter your Monthly kWh Usage
|
|
|
|
|
|
Your Average Power Bill
(after August 2006)
|
|
|
|
System Size with 3 Options
|
Option 1
|
Option 2
|
Option 3
|
System Size
|
Small
|
Medium
|
Large
|
% of Total Power Bill
|
40% |
60% |
100% |
System Size in kW
|
|
|
|
Projected Solar system kWh/month
|
|
|
|
| |
|
|
Solar system price at $9.50 per watt
|
|
|
|
Less Federal Tax Cut up to $2000
|
|
|
|
Less State Rebate |
|
|
|
| |
|
|
Total System Price after Federal and
State Incentives
|
|
|
|
| |
|
|
Current Power Bill
(Using August 2006 rates)
|
|
|
|
New Power Bill with Solar
|
|
|
|
| |
|
Finance your System with a Home Equity Loan
|
|
Cost of Money (Home equity loan)
|
7.00%
|
7.00%
|
7.00%
|
Number of years financed
|
30
|
30
|
30
|
Your Monthly Loan Payment
|
|
|
|
Your State and Federal Tax Bracket
|
30%
|
30%
|
30%
|
Your State and Federal Tax Savings
|
|
|
|
Your Monthly Solar System Cost after tax
|
|
|
|
| |
|
Savings (Short term and Long term)
|
Rate of Energy Cost Inflation
|
6%
|
|
|
|
Your Savings per Month (1st year)
|
|
|
|
| |
|
|
Your 30 Year Savings
|
|
|
|
