The NESEA website will be offline for a system upgrade most of the day on Saturday, July 19th.
General Finances
|
Gross Cost of Renewable Energy System |
$120,000 |
|
Value of Tax Credits for renewable energy systems |
$40,000 |
|
Net Cost of renewable energy systems |
$80,000 |
Savings and Revenue
|
Annual Electric Savings |
$1,500 |
|
Annual Revenue from SRECs or other RE credits |
$1,400 |
Rebates and Financial Incentives
|
Federal incentives |
1/3 for solar and geothermal systems
|
|
Utility incentives |
surplus solar power purchased by utility for ~10 cents per kWhr
Solar Rewards (Renewable Energy Certificates) purchased for 8 cents / kWhr
|
Advice
|
Advice |
Go for federal incentives and utility incentives!
|
