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