Poplar House
Poplar House - Andover, NH
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
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
Annual Revenue from SRECs or other RE credits
$1,080
Rebates and Financial Incentives
Federal incentives
30% tax credit for PV solar
Energy Star Rebate = $4,000
State incentives
PUC rebate for PV = $1850
Local incentives
PV System is not included in tax assessment of property.
Utility incentives
NH Electric Cooperative =
Rebate for Heat Pump Water Heater = $600
Rebate Energy Audit
Rebate for Mini-Split Heat Pumps = $500/ton max 5 tons ($2500) + $250/ton for whole house heating =$4000 total
Rebate for Wi-Fi Thermostat = $100
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.
Save, save, save.
Craigslist.
Auctions.
Barter.
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 |
---|---|
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 |
---|---|
Annual Revenue from SRECs or other RE credits | $1,080 |
Rebates and Financial Incentives
Federal incentives |
30% tax credit for PV solar |
---|---|
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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