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From these charts, the following information can be derived: 1) The total system cost will be $45,119. 2) After the US Federal Income Tax Credit of $13,535, the net system cost to you will be $31,583. 3) The system will produce $1,108.96 in electrical savings, per year, assuming a current rate of $.08/kWh. 4) The Washington State Incentive payment will be $5000 per year. ($.54 per kWh x 13,862 = $7,486, however the maximum payment, per year, that can be received is $5000) IN SIX YEARS: 1)
Electrical usage saved ($1,108.96 x 6).......$6,653
BOTTOM LINE:
(All numbers are approximations. Although not guaranteed, they are believed to be accurate enough for representative planning purposes.)
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