Cape Cod Passive House
General Finances
| Total Cost of Project | $800,000 |
|---|---|
| Construction hard cost | $500,000 |
| Gross Cost of Renewable Energy System | $34,600 |
| Cost per sq ft of conditioned space | $210.00 |
| Value of Tax Credits for renewable energy systems | $12,400 |
| Net Cost of renewable energy systems | $22,200 |
Savings and Revenue
| Annual Electric Savings | $1,400 |
|---|---|
| Annual Revenue from SRECs or other RE credits | $3,000 |
Rebates and Financial Incentives
| Federal incentives |
$10,400 for pv |
|---|---|
| State incentives |
$2,000 for pv |
Advice
| Advice |
Owning PV is preferable to leasing. Take full advantage of incentives (US Federal tax credit for PV, Mass Save Program, SREC program). Passive House construction premium pays for itself in reduced energy bills. Owners are essentially pre paying their energy bills. |
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