Quick Facts
Average Annual Savings
$1,270
Energy Needs Met
75% to 99%
of electricity
Net Investment
$19,600
Return on Investment
14.9%
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Our electric bill for last year was just $60; for the WHOLE year!
Quick Facts
Average Annual Savings
$1,270
Energy Needs Met
75% to 99%
of electricity
Net Investment
$19,600
Return on Investment
14.9%
Property
- Owner:
- Teakwood Enterprises
- Type:
- Office Building
- Address:
- 3351 Shannon Park Drive, www.teakwoodsolar.com, www.teakwood, Fredericksburg, VA 22408
- Size:
- 7,500 sq ft
- Energy need met:
- 75% to 99% of electricity
- Designations:
- Zero net energy
Technology
- Type:
- Solar PV
- Installed:
- October 2014
- Size of System:
- 8.48 kW
- Monitor performance:
- https://enlighten.enphaseenergy.com/
- Purposes:
- To generate electricity
Financial Details
- Gross Cost of System:
- $28,000
- Value of Tax Credits:
- $8,400
- Net Cost of System:
- $19,600
- Annual Savings:
- $1,270
- Annual Revenue:
- $1,641
- Own or Lease:
- Cash Purchase
Professionals & Suppliers
- Products:
- KYOCERA Solar, Inc.
- Installers:
- Teakwood Solar
- Financing:
- EnerBank USA
What You Need to Know
Description:
32 modules at 265W each total -8.48kW
Other Benefits:
Enphase micro inverters allow for module level monitoring
Maintenance Requirements:
None
My Motivation:
Cost savings
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