$3,000
100%
or more of electricity
$14,606
20.5%
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Make economic sense.
$3,000
100%
or more of electricity
$14,606
20.5%
Property
- Owner:
- Lee Perera
- Type:
- Single-Family Residence
- Address:
- 2168 Marguerite Street, Palm Springs, CA 92264
- Size:
- 1,790 sq ft
- Energy need met:
- 100% or more of electricity
- Designations:
- Zero net energy
Technology
- Type:
- Solar PV
- Installed:
- February 2019
- Size of System:
- 7.13 kW
- Purposes:
- To generate electricity
Financial Details
- Gross Cost of System:
- $20,900
- Value of Tax Credits:
- $6,294
- Net Cost of System:
- $14,606
- Annual Savings:
- $3,000
- Own or Lease:
- Cash Purchase
- Additional Financial Notes:
- The system comes with 25 year warranty and monitoring. Savings over 25 years $143,470. Future EV purchase would add extra savings years to com.
Professionals & Suppliers
- Installers:
- Planet Solar
What You Need to Know
Description:
22 Solar panels 16 facing south and 8 facing east with Solar Edge power optimizer inverter. No shading. The panels are not visible from the street.
Other Benefits:
Net metering from Edison plus three consumption rates, peak, off peak and super off peak which is the best time use the dish washer and electric dryer.
Maintenance Requirements:
Washing the panels twice a year.
Efficiency or Sustainability Improvements:
Future EV purchase may add to additional savings.
My Motivation:
Make economic sense and one less monthly payment, especially as a retiree. California grid rates are very high, especially during the hot summer months in the desert but plenty of free Sun.
Advice:
The prices are very competitive and at the same time the hardware is getting more efficient. The federal tax credit gradually phasing out as well. If you use energy sage, they rate the equipment for efficiency, it’s a great tool.
Experience with Installer:
Got quotes from 5 installers of which all seem well qualified with similar pricing. We chose one among them, who has great local presence. They did an outstanding job, from design, installation, getting permits and finally enabling us to get net metering from Edison.
Additional Notes:
Do your home work, get your annual energy use to compare the systems and use Energy Sage as a resource. No pressure salesmen, straight forward proposals to make your choice.
Open House Info:
One may use energy sage to communicate with any questions.
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