Kraus-Fabel Retrofit
Net Zero Renovation of Small Duplex Home in Cohousing Community
General Finances
Total Cost of Project
$62,100
Construction hard cost
$13,500
Gross Cost of Renewable Energy System
$48,600
Cost per sq ft of conditioned space
$39.00
Value of Tax Credits for renewable energy systems
$26,080
Net Cost of renewable energy systems
$22,520
Cost breakdown information:
Savings and Revenue
Annual Electric Savings
$1,520
Annual Revenue from SRECs or other RE credits
$2,350
Rebates and Financial Incentives
Federal incentives
PV System:
$14,580 tax credit
State incentives
PV System:
$10,500 rebate from Massachusetts Clean Energy Center
$1,000 MA tax credit
Utility incentives
Heat pumps:
$1,000 rebate
Advice
Advice
Note: The annual electric savings above also include the propane savings from removing the existing boiler.
Reflections: Don't overlook the mundane. A small, simple project can pack a lot of savings.
Net Zero Renovation of Small Duplex Home in Cohousing Community
General Finances
| Total Cost of Project | $62,100 |
|---|---|
| Construction hard cost | $13,500 |
| Gross Cost of Renewable Energy System | $48,600 |
| Cost per sq ft of conditioned space | $39.00 |
| Value of Tax Credits for renewable energy systems | $26,080 |
| Net Cost of renewable energy systems | $22,520 |
Cost breakdown information:
Savings and Revenue
| Annual Electric Savings | $1,520 |
|---|---|
| Annual Revenue from SRECs or other RE credits | $2,350 |
Rebates and Financial Incentives
| Federal incentives |
PV System: |
|---|---|
| State incentives |
PV System: |
| Utility incentives |
Heat pumps: |
Advice
| Advice |
Note: The annual electric savings above also include the propane savings from removing the existing boiler. Reflections: Don't overlook the mundane. A small, simple project can pack a lot of savings. |
|---|