Solar Potential Calculator

1. Solar System Assumptions

Building Owner Description

* financing options can change your required upfront cost (see below) to adjust payment type.

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Financing


2. Output

Assumptions

Address line 1
Address line 2

System Size

11.96 kW-DC

Payback Period

16 years

Annual Savings

$2,000

Total System Cost After Incentives

$96,860

+ Open Cost Details

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

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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