Green Zero Carbon Home
Renovation of 1970's house to a zero carbon footprint
General Finances
All paid in cash
Total Cost of Project
$75,000
Gross Cost of Renewable Energy System
$75,000
Cost per sq ft of conditioned space
$14.00
Value of Tax Credits for renewable energy systems
$50,000
Net Cost of renewable energy systems
$25,000
Savings and Revenue
Annual Electric Savings
$2,500
Annual Revenue from SRECs or other RE credits
$3,750
Rebates and Financial Incentives
Federal incentives
30% federal tax credit on solar panels, about $23,000
State incentives
MA SREC2 solar power subsidy, about $29,000
Utility incentives
$1500 utility rebate on heat pumps
Advice
Advice
Get all the incentives and the low cost, or zero interest, state loans. Get Massive to pay for the insulation.
Renovation of 1970's house to a zero carbon footprint
General Finances
All paid in cash
| Total Cost of Project | $75,000 |
|---|---|
| Gross Cost of Renewable Energy System | $75,000 |
| Cost per sq ft of conditioned space | $14.00 |
| Value of Tax Credits for renewable energy systems | $50,000 |
| Net Cost of renewable energy systems | $25,000 |
Savings and Revenue
| Annual Electric Savings | $2,500 |
|---|---|
| Annual Revenue from SRECs or other RE credits | $3,750 |
Rebates and Financial Incentives
| Federal incentives |
30% federal tax credit on solar panels, about $23,000 |
|---|---|
| State incentives |
MA SREC2 solar power subsidy, about $29,000 |
| Utility incentives |
$1500 utility rebate on heat pumps |
Advice
| Advice |
Get all the incentives and the low cost, or zero interest, state loans. Get Massive to pay for the insulation. |
|---|