Understanding the Costs of Solar

previous arrow
next arrow
Slider

Understanding the costs of Solar can be difficult and confusing. The chart below breaks down the costs of installing a system by Clear Sky Solar. 

Did you know the U.S. government is offering a 30% Tax Credit for installing Solar on your home?

 

 

Understanding the Costs of Solar

Example of 5kW Solar PV System a $2.70 per watt

$13,500  = total cost of system installed  (2.70 x 5000 watts)
30%  = Federal Tax Credit
$100  = Average Monthly Electric Bill
$13,500  = total cost of system installed (2.70 x 5000 watts)
x    .70  = Federal Tax Credit
$9450  = Cost after Tax Credit
$9450  = Cost after Tax Credit
/   100  = Average Monthly Electric Bill
94.5  = Number of Months for Return On Investment
94.5  = Number of Months for Return On Investment
/     12  = Number of Month in a Year
7.8  = Number of Years to Return On Investment

 

 

Contact Us For A FREE Consultation!