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Commercial
Solar System Investment
Initial
Investment
Here is a typical
example:
| Total
Project Size |
50 Kilowatts
AC |
| Total Installed
Cost ($7*/watt AC) |
$350,000 |
| State Rebate
($1.9/Watt AC)** |
- $95,000 |
| Initial
Cost |
$255,000 |
| 30% Federal
Tax Credit |
- $76,500 |
| Final
Out-of Pocket Cost |
$178,500 |
*Cost
of SES grid tie system plus $1.50/watt for installation, taxes,
permit fees, etc.
**Varies state by state. California rebate currently $1.90/Watt
AC |
Cost
Effectiveness
Depending on your specific need and location, there are a number
of factors that affect cost effectiveness for your business, including:
·
System Size
Larger systems can cost less per watt than small systems because
of economies of scale.
· Installation Complexity
More complex installations, including mounting systems on racks,
working around obstructions, such as pipes and HVAC equipment, and
building-integrated custom installations can be more expensive.
· System Production
Installing your system at the optimal orientation and tilt will
maximize system production. The more energy your system produces
over time, the faster you will recoup your investment.
· Operation and Maintenance (O&M)
Compared to other distributed energy technologies, operation and
maintenance costs of PV systems are relatively low. Costs may include
occasional cleaning of PV modules, regular visual inspections and
repair, and possible replacement of inverter and/or components.
How much
can I expect to save?
If you are creating some of your own electricity, your electric
bills will be lower each month. One major advantage of a solar power
system is that it produces power during peak demand times, offsetting
expensive power. It is almost impossible to give you an accurate
estimate of financial savings, because it depends on the future
price of electricity and your patterns of use.
Call
us toll-free (877) 297-0014
for expert assistance.
Click
here to go to our Commercial Solar System page
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