Solar Panel System Quote

With the large rebates available, there is a lot of interest in solar panels.

In the San Francisco Bay Area many PG&E customers have a tiered energy pricing that starts at 10 cents, but jumps to 26 cents, 35 cents and 49 cents. An average US home in in PG&E’s territory is paying upto 26-49 cents/KWHr for more than 50% of their electricity usage.  This makes solar much more affordable.

We have an example of an real life solar panel quotation that was purchased. This large 5.4kW system is based in the San Francisco Bay Area and uses very high efficiency Sunpower solar panels and inverter and costs $22,725 after rebates and incentives.

The owner currently pays $1269 a year for power, and will save 70% in annual energy costs or $885 a year.

The system will pay for itself in about 13 years. They also calculated the home would increase in value by over $19,000 because of the solar panels.

The company also has an analysis if the system is paid for with a 15 year loan, which is the only way many people can afford the system. $188 is paid a month for the solar system or around $145 after tax deductions. You would have positive annual cash flow after 10 years. At year 16, your cumulative cash flow would be positive.

This solar panel system is a very large and state of the art efficient one.  Most people would purchase smaller or less costly systems.

More information on Solar Panel Leasing and zero down solar panels.

How to choose a licensed and qualified solar installer.

Related posts:

1. San Francisco Solar Panel Discount
2. Solar Panel Maintenance and Solar Panel Cleaning
3. Solar Panel Installation – Site Planning
4. No Money Down Solar Panels
5. Solar Panel Group Buy

Posted on September 21st, 2009
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