Quick Facts
Average Annual Savings
$10,205
Energy Needs Met
75% to 99%
of electricity
Net Investment
$128,787
Return on Investment
7.9%
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76.05 kW roof mounted system using SolarWorld panels and SolarEdge inverters.
Quick Facts
Average Annual Savings
$10,205
Energy Needs Met
75% to 99%
of electricity
Net Investment
$128,787
Return on Investment
7.9%
Property
- Owner:
- Troupe Run Stables
- Type:
- Farm
- Address:
- Hagerstown, MD 21740
- Size:
- 5,000 sq ft
- Energy need met:
- 75% to 99% of electricity
- Designations:
- Deep energy retrofit
Technology
- Type:
- Solar PV
- Installed:
- December 2016
- Size of System:
- 76.05 kW
- Purposes:
- To generate electricity
Financial Details
- Gross Cost of System:
- $190,500
- Value of Rebates:
- $4,563
- Value of Tax Credits:
- $57,150
- Net Cost of System:
- $128,787
- Annual Savings:
- $10,205
- Own or Lease:
- Cash Purchase
- Additional Financial Notes:
- Also able to depreciate 85% of the gross system cost.
Professionals & Suppliers
- Installers:
- Celestial Solar Innovations, LLC
What You Need to Know
Description:
The system faces toward the southwest on the back of two barns with no shading or obstructions. The daily kWh production on sunny days can exceed 500 kWhs!
Other Benefits:
Powers over 80% of the entire farm's energy needs..
Maintenance Requirements:
None.
Efficiency or Sustainability Improvements:
Geothermal system to help heat and cool the farm's buildings.
My Motivation:
Economics, energy efficiency, reliability.
Experience with Installer:
Quick turnaround on project with outstanding service. Crew and team were extremely dependable and did an exception job on the installation. The price was highly competitive and service was turnkey.
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