Our Solar

Residential - October 2020

Solar Made a HUGE Difference For Us.

Quick Facts

Average Annual Savings

$900

Net Investment

$14,715

Return on Investment

6.1%

Property

Owner:: John Dungan
Type:: Residential
Address:: 12433 Angie Bombach Ave, El Paso, TX 79928
Size:: 1,181 sq ft

Technology

Type:: Solar PV
Installed:: October 2020
Size of System:: 4.91 kW
Monitor performance:: https://monitoring.solaredge.com/solaredge-web/p/site/1967678/#/dashboard
Purposes:: To generate electricity

Financial Details

Gross Cost of System:: $14,315
Value of Tax Credits:: $1,876
Net Cost of System:: $14,715
Annual Savings:: $900
Own or Lease:: Purchase with Loan

What You Need to Know

Description:

15 panels, plus inverter and devices for connection to local electrical provider.

Other Benefits:

Main benefit is that my monthly electric bill never exceeds $30, and has even been as low as $13, recently.

Maintenance Requirements:

none

Efficiency or Sustainability Improvements:

none

My Motivation:

Local Provider enjoys a real monopoly, and this was my best chance to not feed into that.

Advice:

By all means, do it. And, consider adding some sort of battery backup, if available.

Experience with Installer:

They were on time, efficient, and not obtrusive.

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