La Crescenta, CA – 6.2 kW
-
$
Old Monthly Bill
-
$
New Monthly Bill
-
Payback (Years)
-
%
IRR
-
Solar PV System
Panels (25 year warranty) – 20 (19 portrait, 1 landscape), 310 W, 72 cell, polycrystalline
Inverter (25 year warranty) – 1 transformerless 6000 W, 20 optimizers
Racking (20 year warranty) – attached to pitched roof, flush mount – 20 degree tilt, 270 degree azimuth
The Numbers
- Total Cost of System: $22,750
- Total Incentives: – $6,825
- Actual Cost of System = $15,925
Financing Options
$0 down, 10 years, 5.75% interest rate
Cash Flow Positive year 1: $6,424
Cash Flow Positive year 10: $5,060
Cash Flow Positive year 25: $69,609
Projected Increase in Equity
Maximum Resale Value: $63,050 occurs at year 11
Environmental Benefits
Over 25 years, this solar system is estimated to offset:
- 223,982 kWh of electricity
- 165,747 lbs of Coal burned
- 351,361 lbs of CO2 emissions
- 1,128 lbs of NOx (creates smog)
- 1,021 lbs of SO2 (causes acid rain)
- 69 lbs of particulates that cause asthma