Skip LaPlante
Home Address:
1675 Norman St, Ridgewood, NY
Utility Provider:
Consolidated Edison Co. Of New York Inc.
BID 1
System Size
2.943 kW
First Year Production
3,341 kWh
Current Electric Bill
$ 60
Net System Price
$ 6,634
Gross System Price
$ 15,920
Electric Bill After Solar
$ 0
Monthly Loan Payment
Based on a $0 down 10 year loan
$ 78
Total Monthly Payment
$ 78
Monthly Savings
$ –
Savings (25 years)
$ 30,876
Bid Details
Year Established: 2003
Total Installations: 1,500
Workmanship Warranty: 10
Installation Time Frame: 12 weeks
SYSTEM DETAILS
System Size: 2.94 kW
Annual Production: 3,341 kWh
Annual Consumption: 3,120 kWh
Panel Model: (x9) SunPower X20 327 Black
Performance Guarantee (years): 25
Inverter Model: (x9) SunPower Built-in
Inverter Warranty: 25 years
Optimizer: N/A
Monitoring: SunPower Equinox
SYSTEM PRICE (CASH)
SYSTEM PRICE (LOAN)
Gross Price: $ 15,920
State Rebates: $ 1,177
Federal Tax Credit*: $ 4,423
State Tax Credit: $ 3,686
Your Cost: $ 6,634
Yearly Tax Abatement: $ 737
Lifetime Tax Abatement: $ 2,949
Contract Price: $ 17,072
State Rebates: $ 1,177
Federal Tax Credit: $ 4,769
State Tax Credit: $ 3,974
Your Cost: $ 7,153
Electric Bill After Solar: $ 0
Bill Offset: 100%
Monthly Loan Payments: $ 78
(based on a $0 down 10 year loan)
Monthly Total Payment: $ 78
*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.
Note: New York City offers a tax abatement for 5% of system expenditures per year for 4 years. The maximum incentive is either $62,500 annually or the amount of real property taxes owed during a year.
PERKS
Savings (25 years): $ 30,876
Added Home Value: $ 11,831
NOTES
– Module Features Black Frame – Improved Aesthetics
– Critter guard included
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.
Sungage financing option 10 Year Payment Period: 5.49% interest rate
| Years 1 – 10 | Years 11 – 25 | |
| Monthly Payments | $ 78 | $ 0 |
| Monthly Savings | $ – | $ 60 + |
