Quick Facts
Average Annual Savings
$2,940
Energy Needs Met
75% to 99%
of electricity
Net Investment
$43,655
Return on Investment
6.7%
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Solar array will help off set fuel bill because primary heat source is heat pumps.
Quick Facts
Average Annual Savings
$2,940
Energy Needs Met
75% to 99%
of electricity
Net Investment
$43,655
Return on Investment
6.7%
Property
- Owner:
- A. Hammer
- Type:
- Residential
- Address:
- 346 Elm St, Montpelier, VT 05602
- Energy need met:
- 75% to 99% of electricity
Technology
- Type:
- Solar PV
- Installed:
- September 2021
- Size of System:
- 17.44 kW
- Purposes:
- To generate electricity
Financial Details
- Gross Cost of System:
- $58,993
- Value of Tax Credits:
- $15,338
- Net Cost of System:
- $43,655
- Annual Savings:
- $2,940
- Own or Lease:
- Purchase with Loan
Professionals & Suppliers
- Installers:
- Natosi Solar
- Financing:
- Mosaic
What You Need to Know
Other Benefits:
The canopy provides shade on our porch.
My Motivation:
The benefit to the environment and the concept of solar as an investment. The system will pay itself off in 15 years and then I will have 10-15 more years of solar energy that I don't have to purchase from the utility.
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