2. Output |
System Size | 11.96 kW-DC |
Payback Period | 16 years |
Annual Savings | $2,000 |
Total System Cost After Incentives | $96,860 |
Cost Breakdown | |
Incentives | |
NY-Sun Incentive | $13,851 |
Federal Investment Tax Credit | $28,164 |
NY State Tax Credit | $5,000 |
NYC Property Tax Abatement | $18,776 |
MACRS + 50% Bonus Depreciation Year 1 | $0 |
Finances | |
Loan Payment | $76,432 |
Cost After All Incentives and Taxes | $32,277 |
Total System Cost Before Incentives | $107,730 |
Charts |
+ Open Financing and System Details
Financial Metrics | |
Payback Periods | 18 Years |
Net Present Value | -$21,369 |
Internal Rate of Return | 3% |
Levelized Cost of Electricity w/Incentives | 0.30 $/kWh |
Electricity Bill Savings | |
Energy Production | 16,006 kWh/yr |
Savings | $3,361/yr |
Environmental Impact | |
C02 Emissions Reductions | 11,020 lbs/yr |
Tree Planted Equivalent | 29 trees |
Building Information | |
Building Footprint | — |
Usable Area for Solar | — |
Fire Code setbacks apply? | No |
Zoning | — |
Strategic Zone? | No |