Poplar House
General Finances
Sourcing products locally, that are locally derived, proved to be extremely helpful thus far. Asking questions, and insatiably searching and uncovering products sources, sometimes directly to the manufacturer, until I found the answers I wanted also proved extremely beneficial. Relationships within the building business are vital. I bartered and traded lots of work t make it economically feasible. Sourcing reclaimed material, and relationships that allowed me to get almost 80% of my project materials at lower costs, has made the project feasible. Do It Yourself - Having thorough experience building high quality homes, and designing buildings will also prove to be my lucrative asset.
Total Cost of Project | $600,000 |
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Gross Cost of Renewable Energy System | $30,000 |
Value of Tax Credits for renewable energy systems | $10,000 |
Net Cost of renewable energy systems | $18,250 |
Savings and Revenue
Annual Electric Savings | $8,400 |
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Annual Revenue from SRECs or other RE credits | $1,080 |
Rebates and Financial Incentives
Federal incentives |
30% tax credit for PV solar |
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State incentives |
PUC rebate for PV = $1850 |
Local incentives |
PV System is not included in tax assessment of property. |
Utility incentives |
NH Electric Cooperative = |
Advice
Advice |
Where do I start? To begin with, don't be afraid to ask suppliers and builders to sharpen their pencils. Keep thorough records. Construction loans for owner/builders are one of the hardest, most comprehensive, tiring, stressful processes I have ever endeavored on. |
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