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
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Utility incentives |
surplus solar power purchased by utility for ~10 cents per kWhr
Solar Rewards (Renewable Energy Certificates) purchased for 8 cents / kWhr
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Advice
Advice |
Go for federal incentives and utility incentives!
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