Solar Electric System Economics

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SYSTEM ECONOMICS

The tables below layout sample economics for typical households. A Sunshine Solar technician can provide a tailored economic analysis for you.

Sample 3,500 Watt (3.5 kW) Solar Electric System
Total System Price Fully Installed		$27,200

LIPA Rebate ($3.50/watt)		$12,250

Net Amount Due from Homeowner		$14,950
(No Money Down Financing Available)

Tax Credits
New York State (25%, $5K Cap)		$3,738
Federal (30%, no cap)		$4,485

Net Cost of System after Tax Credits		$6,728

Annual Return on Investment		15.3%

Sample 5,000 Watt (5 kW) Solar Electric System
Total System Price Fully Installed		$38,500

LIPA Rebate ($3.50/watt)		$17,500

Net Amount Due from Homeowner		$21,000
(No Money Down Financing Available)

Tax Credits
New York State (25%, $5K Cap)		$5,000
Federal (30%, no cap)		$6,300

Net Cost of System after Tax Credits		$9,700

Annual Return on Investment		16.4%

Sample 10,000 Watt (10 kW) Solar Electric System
Total System Price Fully Installed		$77,000

LIPA Rebate ($3.50/watt)		$35,000

Net Amount Due from Homeowner		$42,000
(No Money Down Financing Available)

Tax Credits
New York State (25%, $5K Cap)		$5,000
Federal (30%, no cap)		$12,600

Net Cost of System after Tax Credits		$24,400

Annual Return on Investment		14.6%

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