Quick Facts
Average Annual Savings
$1,300
Energy Needs Met
50% to 74%
of electricity
Net Investment
$22,000
Return on Investment
5.9%
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New 9kw installation by El Paso Green Energy
Quick Facts
Average Annual Savings
$1,300
Energy Needs Met
50% to 74%
of electricity
Net Investment
$22,000
Return on Investment
5.9%
Property
- Owner:
- Paul Richards
- Type:
- Residential
- Address:
- 1037 Haverhill Pl, Colorado Springs, CO 80919
- Size:
- 3,600 sq ft
- Energy need met:
- 50% to 74% of electricity
Technology
- Type:
- Solar PV
- Installed:
- December 2017
- Size of System:
- 9 kW
- Purposes:
- To generate electricity
Financial Details
- Gross Cost of System:
- $34,500
- Value of Rebates:
- $1,750
- Value of Tax Credits:
- $11,000
- Net Cost of System:
- $22,000
- Annual Savings:
- $1,300
- Own or Lease:
- Purchase with Loan
- Additional Financial Notes:
- Financed with mortgage refinance
Professionals & Suppliers
- Installers:
- Peak View Solar
What You Need to Know
Description:
SE-10000US inverter with P-320 power optimizers. SSE facing Decra metal roof.
Maintenance Requirements:
Too soon to know
My Motivation:
1. Possible loss of federal tax credit 2. Possible discontinued offering of utility rebate and/or full credit net metering 3. Fairly continuous 2kw load after implementing energy efficiency changes prompted investigation of PV
Experience with Installer:
They were familiar with several technologies such as microinverters of DC optimized strings. Gave advice based on direct experience, not marketing. They were willing to accommodate personal preferences on cable routing.
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