Quick Facts
Average Annual Savings
$410
Energy Needs Met
75% to 99%
of electricity
Net Investment
$4,663
Return on Investment
8.8%
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Solar home in Allentown historic district
Quick Facts
Average Annual Savings
$410
Energy Needs Met
75% to 99%
of electricity
Net Investment
$4,663
Return on Investment
8.8%
Property
- Owner:
- Josh and Lauren
- Type:
- Single-Family Residence
- Address:
- 115 Mariner St., Buffalo, NY 14201
- Size:
- 2,600 sq ft
- Energy need met:
- 75% to 99% of electricity
- Event Participation:
- NESEA Green Buildings Open House 2012 Host
- NESEA Green Buildings Open House 2013 Host
Technology
- Type:
- Solar PV
- Installed:
- January 2010
- Size of System:
- 3.4 kW
- Monitor performance:
- https://enlighten.enphaseenergy.com/public/systems/8P7n14471
- Purposes:
- To generate electricity
Financial Details
- Gross Cost of System:
- $20,163
- Value of Rebates:
- $5,880
- Value of Tax Credits:
- $9,620
- Net Cost of System:
- $4,663
- Annual Savings:
- $410
- Own or Lease:
- Cash Purchase
- Additional Financial Notes:
- Generated 3309 kWh the first year. Savings based on my marginal cost of electric ($0.143), which includes $0.02 for a wind generation electric supplier.
What You Need to Know
Description:
Grid Tied PV 3.4 kW grid-tied PV solar, 16 PV panels on a pitched roof. **The first solar system in the Allentown historic preservation district. Microinverter based system, with real time, per panel, reporting. > 90% of electrical usage supplied by solar - 3,421 kWh.
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