Bids Valid Through: July 16, 2019
Eileen Rauchenberger
Home Address:
283 Haypath Road, Old Bethpage, NY
UtilityProvider:
PSEG Long Island
BID 1
System Size
8.19 kW
First Year Production
8,350 kWh
Current Electric Bill
$ 145
Net System Price
$ 14,269
Gross System Price
$ 27,527
Electric Bill After Solar
$ 12
Monthly Loan Payment
Based on a $0 down 12 year loan
$ 151
Total Monthly Payment
$ 163
Monthly Savings
$ –
Savings (25 years)
$ 61,157
BID 2
System Size
8.19 kW
First Year Production
7,174 kWh
Current Electric Bill
$ 145
Net System Price
$ 14,269
Gross System Price
$ 27,527
Electric Bill After Solar
$ 29
Monthly Loan Payment
Based on a $0 down 12 year loan
$ 151
Total Monthly Payment
$ 179
Monthly Savings
$ –
Savings (25 years)
$ 50,829
Bid Details
Year Established:
Total Installations:
Workmanship Warranty: 25
Installation Time Frame: 12 weeks
SYSTEM DETAILS
System Size: 8.19 kW
Annual Production: 8,350 kWh
Annual Consumption: 8,181 kWh
Panel Model: (x26) Hanwha Q CELLS 315 Black
Performance Guarantee (years): 25
Inverter Model: (x26) Enphase IQ6+
Inverter Warranty: 25 years
Optimizer: N/A
Monitoring: Envoy Enphase
SYSTEM PRICE (CASH)
SYSTEM PRICE (LOAN)
Gross Price: $ 27,527
Federal Tax Credit*: $ 8,258
State Tax Credit: $ 5,000
Your Cost: $ 14,269
Contract Price: $ 33,165
Federal Tax Credit: $ 9,950
State Tax Credit: $ 5,000
Your Cost: $ 18,216
Electric Bill After Solar: $ 12
Bill Offset: 92%
Monthly Loan Payments: $ 151
(based on a $0 down 12 year loan)
Monthly Total Payment: $ 163
*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): $ 61,157
Added Home Value: $ 32,924
NOTES
– Module Features Black Frame – Improved Aesthetics
– Premium Micro-Inverters
LOAN OPTIONS
Your payments represent your net cost. In order for your payments to not increase you will need to apply all incentives and tax credits toward your loan balance within the first year.
Enerbank financing option 12 Year Payment Period: 2.99% interest rate
| Years 1 – 12 | Years 13 – 25 | |
| Monthly Payments | $ 151 | $ 0 |
| Monthly Savings | $ – | $ 133 + |
Year Established:
Total Installations:
Workmanship Warranty: 25
Installation Time Frame: 12 weeks
SYSTEM DETAILS
System Size: 8.19 kW
Annual Production: 7,174 kWh
Annual Consumption: 8,181 kWh
Panel Model: (x26) Hanwha Q CELLS 315 Black
Performance Guarantee (years): 25
Inverter Model: (x26) Enphase IQ6+
Inverter Warranty: 25 years
Optimizer: N/A
Monitoring: Envoy Enphase
SYSTEM PRICE (CASH)
SYSTEM PRICE (LOAN)
Gross Price: $ 27,527
Federal Tax Credit*: $ 8,258
State Tax Credit: $ 5,000
Your Cost: $ 14,269
Contract Price: $ 33,165
Federal Tax Credit: $ 9,950
State Tax Credit: $ 5,000
Your Cost: $ 18,216
Electric Bill After Solar: $ 29
Bill Offset: 80%
Monthly Loan Payments: $ 151
(based on a $0 down 12 year loan)
Monthly Total Payment: $ 179
*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): $ 50,829
Added Home Value: $ 32,924
NOTES
– Module Features Black Frame – Improved Aesthetics
– Premium Micro-Inverters
LOAN OPTIONS
Your payments represent your net cost. In order for your payments to not increase you will need to apply all incentives and tax credits toward your loan balance within the first year.
Enerbank financing option 12 Year Payment Period: 2.99% interest rate
| Years 1 – 12 | Years 13 – 25 | |
| Monthly Payments | $ 151 | $ 0 |
| Monthly Savings | $ – | $ 117 + |
