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
$7,000 for Mass Save Energy Star new construction
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.
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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