Quick Facts
Average Annual Savings
$3,026
Net Investment
$21,822
Return on Investment
28.2%
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Quick Facts
Average Annual Savings
$3,026
Net Investment
$21,822
Return on Investment
28.2%
Property
- Owner:
- Deborah Ruhe
- Type:
- Multi-Family Residence
- Address:
- 16 Seven Pines Ave, Cambridge, MA 02140
- Size:
- 2,800 sq ft
Technology
- Type:
- Solar PV
- Installed:
- July 2016
- Size of System:
- 9.5 kW
- Monitor performance:
- https://monitoring.solaredge.com/solaredge-web/p/site/287147/#/dashboard
- Purposes:
- To generate electricity
Financial Details
- Gross Cost of System:
- $34,990
- Value of Tax Credits:
- $9,781
- Net Cost of System:
- $21,822
- Annual Savings:
- $3,026
- Annual Revenue:
- $3,133
- Own or Lease:
- Purchase with Loan
Professionals & Suppliers
- Financing:
- Mass Solar Loan
What You Need to Know
Other Benefits:
This system supports two units of an owner occupied two family house.
Maintenance Requirements:
Nothing yet
My Motivation:
The cost savings were remarkable. Because I could share the electricity with tenants, I was able to raise their rent. Between certificates and increased rent along with rebate, I am not spending anything.
Experience with Installer:
They were polite, professional and helpful. It did take longer than I had expected.
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