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



Go for federal incentives and utility incentives!