$900
$19,647
4.6%
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$900
$19,647
4.6%
Property
- Owner:
- Randy Olson
- Type:
- Residential
- Address:
- 11318 N. Guinevere Drive, Spokane, WA 99218
- Size:
- 2,375 sq ft
- Designations:
- Zero net energy
Technology
- Type:
- Solar PV
- Installed:
- April 2022
- Size of System:
- 9.36 kW
- Purposes:
- To generate electricity
Financial Details
- Gross Cost of System:
- $26,550
- Value of Tax Credits:
- $6,903
- Net Cost of System:
- $19,647
- Annual Savings:
- $900
- Own or Lease:
- Cash Purchase
- Additional Financial Notes:
- Paid total cost with my credit card. 50% up front and 50% upon completion. Note: My installer waived the credit card fee!
Professionals & Suppliers
- Products:
- Panasonic
- Installers:
- Northwest Renewables
- Financing:
- none
- Architects:
- None
- Builders:
- None
- Energy Auditors:
- Avista Utilities
What You Need to Know
Description:
26 solar panels and 26 inverters located on the south side of my shop. The system is projected to supply 94% of my annual electricity for both my shop and home.
Other Benefits:
Reduced carbon footprint and electricity increases in the future will have little to no impact on my monthly electric bill.
Maintenance Requirements:
System is brand new and officially went online May 4, 2022. The solar panels and inverters come with a 25 year warranty.
My Motivation:
I was motivated to go with solar panels in order to reduce my environmental footprint, save money and increase the value of my home.
Advice:
Act now if you're considering solar to take advantage of the state and federal tax credits, as they are projected to be going away in the near future. I wish that I had purchased my solar system last year because of an even larger federal tax credit.
Experience with Installer:
The process of choosing a solar contractor was fairly straightforward. I contacted my current energy provider via their website and was able to get valuable information. I also perused the internet and located EnergySage which was a great help.
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