Note:Each property we evaluate is different, and has different economics. In order to determine your potential savings you would need to contact us at 631-771-5152 and request a FREE CONSULTATION.
Sample Long Island Basic System:
3,010 Watt (3KW) System producing 3,838 kWh/year 1
Total System Price Fully Installed:
$20,107
Utility/LIPA Rebate Check ($2.00/watt) Note: you assign this check to us,
so you do not need to put up this money.
-$6,020
Net Amount Due From Homeowner:
$14,087
Homeowner Tax Credits: 2
New York State: -25% ($5,000 Cap)
-$3,522
Federal: -30%
-$4,226
Net Cost of System after Tax Credits: $6,339
Finance For Only:
$73.60/month3
Estimated Life of System
(Manuf. Warranty = 25 years!)
30+ years
Estimated Lifetime Power Produced by System
105,282 kWhs
Net Cost of Solar Power
$0.06/kWh
Current Average Cost of LIPA Power
$0.22/kWh
ESTIMATED SAVINGS & RETURN 4
Lifetime Savings
$50,166
Annual Return on Solar Investment (after tax!)
17%
Greenhouse Gases Saved Over Life of System
212,000 lbs.
Equivalent of planting 1 Acre of Trees!
NOTE: The above system price is an example and not a specific offer. The price and savings for each system varies depending on size and other factors. In order to determine your pricing, please contact us at (631) 771-5152 for a FREE CONSULTATION.
1. Based on conventional framed panels for retro fit installation, south facing roof; 33 degree pitch, with no shading
2. These are tax credits and not deductions. Taxpayer figures out how much tax they owe, and then deducts the credit from the amount of tax due. So the taxpayer saves the entire amount. Consult with your tax advisor to verify that you are eligible for these credits.
3. Based on financing the Net Cost of the system over 10 year term at 7% interest. Rates and terms will vary so call for current quote.
4. Estimates are based on average LIPA rate increase of 5% each year, below the actual average increases for the last 7 years. The higher LIPA's rates, the more you save with Solar.
