Bids Valid Through: March 08, 2018
Abe Yokell
Home Address:
118 Reed St, Mill Valley, CA
Utility Provider:
Pacific Gas and Electric Co.
BID 1
System Size
3.685 kW
First Year Production
4,181 kWh
Current Electric Bill
$ 251
Net System Price
$ 9,157
Gross System Price
$ 13,082
Electric Bill After Solar
$ 151
Average Monthly Payment
Based on a $0 down 12 year loan
$ 87
Total Monthly Payment
$ 237
Monthly Savings
$ 13
Savings (25 years)
$ 39,318
BID 2
System Size
5.025 kW
First Year Production
5,637 kWh
Current Electric Bill
$ 251
Net System Price
$ 12,311
Gross System Price
$ 17,588
Electric Bill After Solar
$ 122
Average Monthly Payment
Based on a $0 down 12 year loan
$ 116
Total Monthly Payment
$ 238
Monthly Savings
$ 12
Savings (25 years)
$ 54,402
Bid Details
Year Established: 2008
Total Installations: 1,000
Workmanship Warranty: 20
Installation Time Frame: 12 weeks
SYSTEM DETAILS
System Size: 3.69 kW
Annual Production: 4,181 kWh
Annual Consumption: 10,884 kWh
Panel Model: (x11) LG 335 Black
Performance Guarantee (years): 25
Inverter Model: (x11) Enphase IQ6+
Inverter Warranty: 25 years
Optimizer: n/a
Monitoring: Enphase Envoy
SYSTEM PRICE (CASH)
SYSTEM PRICE (LOAN)
Gross Price: $ 13,082
Federal Tax Credit*: $ 3,925
Your Cost: $ 9,157
Contract Price: $ 14,866
Federal Tax Credit: $ 4,460
Your Cost: $ 10,406
Electric Bill After Solar: $ 151
Bill Offset: 40%
Avg. Monthly Loan Payments: $ 87
(based on a $0 down 12 year loan)
*NOTE: The tax credit represented on this bid is wholly dependent on your personal tax liability and it is recommended that you speak with an accountant on your ability to claim it. You will be responsible for payment or financing of the tax credit prior to receiving it.
PERKS
Savings (25 years): $ 39,318
Added Home Value: $ 14,814
NOTES
– Module Features Black Frame – Improved Aesthetics
– Optimizers Increase Overall System Efficiency – Improved System Performance
LOAN OPTIONS
The Tax Credit is included in your initial principal. After you receive the tax credit it is advised to use your one free re-amortization and apply the tax credit towards your principal. This will bring your loan payments down to the second payment amount displayed.
Matadors financing option 12 Year Payment Period: 2.99% interest rate
| Year 1 | Years 2 – 12 | Years 13 – 25 | |
| Monthly Loan Payments | $ 123 | $ 83 | $ 0 |
| Monthly Savings | $ – | $ 17 | $ 100 + |
Year Established: 2008
Total Installations: 1,000
Workmanship Warranty: 20
Installation Time Frame: 12 weeks
SYSTEM DETAILS
System Size: 5.03 kW
Annual Production: 5,637 kWh
Annual Consumption: 10,884 kWh
Panel Model: (x15) LG 335 Black
Performance Guarantee (years): 25
Inverter Model: (x15) Enphase IQ6+
Inverter Warranty: 25 years
Optimizer: n/a
Monitoring: Enphase Envoy
SYSTEM PRICE (CASH)
SYSTEM PRICE (LOAN)
Gross Price: $ 17,588
Federal Tax Credit*: $ 5,276
Your Cost: $ 12,311
Contract Price: $ 19,986
Federal Tax Credit: $ 5,996
Your Cost: $ 13,990
Electric Bill After Solar: $ 122
Bill Offset: 51%
Avg. Monthly Loan Payments: $ 116
(based on a $0 down 12 year loan)
*NOTE: The tax credit represented on this bid is wholly dependent on your personal tax liability and it is recommended that you speak with an accountant on your ability to claim it. You will be responsible for payment or financing of the tax credit prior to receiving it.
PERKS
Savings (25 years): $ 54,402
Added Home Value: $ 20,201
NOTES
– Module Features Black Frame – Improved Aesthetics
– Optimizers Increase Overall System Efficiency – Improved System Performance
LOAN OPTIONS
The Tax Credit is included in your initial principal. After you receive the tax credit it is advised to use your one free re-amortization and apply the tax credit towards your principal. This will bring your loan payments down to the second payment amount displayed.
Matadors financing option 12 Year Payment Period: 2.99% interest rate
| Year 1 | Years 2 – 12 | Years 13 – 25 | |
| Monthly Loan Payments | $ 165 | $ 112 | $ 0 |
| Monthly Savings | $ – | $ 17 | $ 129 + |
