Installed System Cost -$24,000 Investment
(25 Year
Warrantee) (Energy required to make
& install a PV system)
Rebate Incentive
+$16,000 -$8,000
Year Rate Saving
1 $.15
$1,020 -$6,980
2 $.162
$1,102 -$5,878
3 $.175
$1,190 -$4,688
4 $.189
$1,285 -$3,403
5 $.204
$1,388 -$2,015
6 $.22
$1,499 -$516
7 $.238
$1,619 +$1,103
Profit (for 2
decades)
8 $.257
$1,748 +$2,851
Free Electricity
Energy Efficient Mortgage allows INSTANT PAYBACK
Larger, Nicer Zero Energy Design
Home, with LOWER
MONTHLY PAYMENT the FIRST DAY that
you move in
With PV price falling 17% / year, soon
PV will be cost effective WITHOUT rebates
Solar America Initiative $.05/kWh