Annual electricity usage (kWh) See electric bill or call utility

kWh

Percent of my electricity bill I'd like to offset with solar

I'll use Aggregator to sell RECs for

Market Value Fixed Price Will Not Sell

Price I pay now for electricity (per kWh)

$

For my new system, I expect to pay ($/installed Watt)

$

$

Increase I expect in electricity prices (%)

My federal income tax rate (%)

12% 25% 28% 33% 35%

Discount Rate (used only for NPV)

System Size

Environmental Impact

S-REC Income

Solar electricity needed

Greenhouse gas emissions avoided each year, same as

RECs earned

DC power rating of array

Carbon sequestered by a forest this size each year

REC net income (after fees, PA income tax 3.07%, Fed income tax)

Approximate size of array needed

Carbon dioxide avoided each year

REC net income over first 10 years

System Cost

Carbon dioxide avoided over 25-yr system life

Financial Analysis

Installation Cost

$

Savings

Cost of your solar electricity over life of system

PA Sunshine Solar Rebate

- $

Annual power bill savings

$

Return On Investment (ROI)

Federal Tax due on PA Sunshine Solar Rebate

$

Savings over 25-yr system life

$

Simple Payback Period

Federal Tax Credit

- $

Home Value

Internal Rate of Return (IRR)

Final Initial Cost

$

Expected increase in appraisal value

$

Net Present Value (NPV)

All values are estimations based on general data. Please use for general planning purposes only. See State & Federal guidelines for incentive qualifying conditions.

©2010, 2009 by Mid-Atlantic Renewable Energy Association, www.themarea.org

Questions and suggestions welcomed.

Please direct to vera.cole@themarea.org