Quick Facts
Average Annual Savings
$1,000
Net Investment
$22,000
Return on Investment
4.5%
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I really, really wish this was financial viable. I was willing to pay $18k for an 8-10 Kwh system on my roof (new roof ideal layout 4/10 pitch pointed south no shade). I kept getting estimates around $25-30k , When DIY was $12-15k. If I just invest the $30k at 5% I will get a 50% higher return versus savings. Oh well, I might just do it myself or wait until there is a better system available.
Quick Facts
Average Annual Savings
$1,000
Net Investment
$22,000
Return on Investment
4.5%
Property
- Owner:
- Robbie
- Type:
- Residential
- Address:
- Seymour, IN 47274
- Size:
- 3,000 sq ft
Technology
- Type:
- Solar PV
- Size of System:
- 8-10 kW
- Purposes:
- To generate electricity
Financial Details
- Gross Cost of System:
- $30,000
- Value of Tax Credits:
- $8,000
- Net Cost of System:
- $22,000
- Annual Savings:
- $1,000
- Own or Lease:
- Cash Purchase
- Additional Financial Notes:
- just could not justify financially it
Professionals & Suppliers
- Installers:
- 3 different
- Financing:
- paying cash
What You Need to Know
Description:
none
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