| What if I could tell you that you can buy tomorrow's energy at today's price? | |||||||
| Saving you thousands of dollars!! Interested? | |||||||
| Electricity Cost Comparison | |||||||
| The cost of installing a Solar System | |||||||
| The prices here are in an estimate from a dealer in Arizona. You can find it on this website. | |||||||
| Total Material & Labor | |||||||
| (from cost estimate of system) | $ 12,390.42 | ||||||
| Rebate or Voucher | $ - | ||||||
| Net Amount to be financed | $ 12,390.42 | ||||||
| Loan Amortization | |||||||
| Beginning Principle | $ 12,390.42 | ||||||
| Peirod in Months | 120 | ||||||
| Percent Annual Interest | 12.00% | ||||||
| Monthly Payment | ($177.77) | $177.77 | |||||
| Electric Capacity Generated | |||||||
| 8 panels at 120 watts per panel (watt/hours) | 960 | ||||||
| Daylight hours at location | 8 | ||||||
| Watt/Hours created per day | 7,680 | ||||||
| Per month (30 days) | 230,400 | ||||||
| Reduced by reliability factor (reliable not optimum energy) | 218,880 | 218.88 | kWh | ||||
| Reduced by factor for not optimum weather | 207,936 | 207.94 | kWh | ||||
| Compare this to buying per kWh by utility company | $ 0.11 | $ 22.25 | |||||
| Add monthly service charges | $ 25.00 | ||||||
| Add taxes and surcharges | $ 5.00 | ||||||
| Total Charge if purchased from Utility Company | $ 52.25 | ||||||
| Amount Saved per Month by Using Photovoltaics | $ (125.52) | ||||||
| At end of payment period all cost of electricity generation is eliminated. | |||||||
| Consider that these systems are known to last 30+ years and from the 11th year on there will be NO utility costs. | |||||||
| If this is as far as you look, the answer looks easy. It simply costs too much money to buy solar! | |||||||
| But if you look into it a bit more… | |||||||
| Total payments toward purchasing PV system in same period | $177.77 | 120 | $ 21,331.98 | ||||
| Inflation works for you when you pay locked in payments on system. | |||||||
| Utility payments for 10 years | $52.25 | 120 | $ 6,269.90 | ||||
| Inflation works against you when you continue paying current utility bills. | |||||||
| If inflation is only 4% Your loss in the very first year. | 4.00% | $ 250.80 | |||||
| $6,269.90 | 43.00% | $ 8,965.95 | |||||
| Over 10 years the actual utility bill paid would increase more than 43% of your initial payment. | |||||||
| Utility payments for 10 years | $52.25 | 120 | 43% | $ 8,965.95 | |||
| Utility payments for 20 years | $52.25 | 240 | 212% | $ 39,124.17 | |||
| Utility payments for 25 years | $52.25 | 300 | 258% | $ 56,115.59 | |||
| Utility payments for 30 years | $52.25 | 360 | 315% | $ 78,060.23 | |||
| Inflation works against you when you continue paying current utility bills. | |||||||
| Over 30 years the actual amount paid would increase more than 315% of your initial calculation. | |||||||
| Actual savings over 10 year period by locking in utility bills by purchasing system at today's prices. | $ (12,366.03) | ||||||
| Actual savings over 20 year period by locking in utility bills by purchasing system at today's prices. | $ 17,792.18 | ||||||
| Actual savings over 25 year period by locking in utility bills by purchasing system at today's prices. | $ 34,783.61 | ||||||
| Actual savings over 30 year period by locking in utility bills by purchasing system at today's prices. | $ 56,728.25 | ||||||
| The year that you would "break-even" would be in the 12th year. | $ 52.25 | 149 | 174% | $ 21,331.24 | |||
| This is the power of compounding inflation…all working against you. Unless your buy now. | |||||||
| So, you see, you can afford solar! | |||||||
| It's about working for the future. | |||||||
| Your future, not their's. | |||||||