T & C | COPYRIGHT | CONTACT US | JOBS | PRIVACY
All rights reserved.
REESSE LLC | 509 N 3RD ST | VIENNA | GA | 31092
Let's agree that a PV-
You can finance a car for a certain time frame, as you can do that for a PV-
However, you cannot sell electricity to everyone.
Sometimes, households and small businesses are financing PV-
In case of a short term investment, we say between [3-
Let's assume the following:
Your entire electricity bill is $3600.-
Realize, that electricity costs will go up, not down!
Conclusion, there might be budget of $18,000.-
Now, how much electricity do we need?
When we had to pay $3600.-
We should understand that consumption in the winter and in the summer are higher and in spring and fall lower than average.
However, we take approximately 66 kWh per day. As an average, we have 4.72 sun hrs per day in GA. This give us a 14 kW requirement continuously. (14 kW*4.72hrs = 66 kWh)
To produce 14 kW continuously, times 4.72 sun hrs average per day, we have to figure out how many PV-
Apart of this you may have the right for a tax rebate of 30%. This is a real interesting discount, which brings the final price back to $29,400.-
In this case your payback is $29,400.-
However, the profitability of your investment might be:
There are several ways to make the picture nicer or worse, but to remain in averages:
Yearly saving after 20 years of use, that is not a bad number.
Realize, this math is based on 100% offset of your electricity bill.
Thus for an on-
What if, you go for a hybrid PV-
This case will be worked out next time, click here, as soon it is available….
INVESTMENT | PAYBACK