Quick Facts
Average Annual Savings
$1,500
Net Investment
$29,600
Return on Investment
5.1%
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Wanted battery backup for power outages, and to hopefully extend use of solar after dark, or on cloudy days. Not installed yet, will update.
Quick Facts
Average Annual Savings
$1,500
Net Investment
$29,600
Return on Investment
5.1%
Property
- Owner:
- PowerHome
- Type:
- Residential
- Address:
- 5896 Mooresville Rd, Kannapolis, NC 28081-8745
- Size:
- 2,200 sq ft
Technology
- Type:
- Solar PV
- Installed:
- August 2020
- Size of System:
- 3.5 kW
- Purposes:
- To generate electricity
Financial Details
- Gross Cost of System:
- $40,000
- Value of Tax Credits:
- $10,400
- Net Cost of System:
- $29,600
- Annual Savings:
- $1,500
- Own or Lease:
- Purchase with Loan
- Additional Financial Notes:
- 2.99% 25 years at $143/mo
What You Need to Know
Description:
3.5kw PV (10 panels) with Generac 3.5k battery backup
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