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Published byKatherine Little Modified over 8 years ago
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PV Panel Investment
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Overview Solar Global Trends and Growth Solar Process and Net Metering Sample System Breakdown Personal System Details
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Worldwide Growth PV Cumulative Installed Capacity through 2008
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US Growth: Annual Number of Installations
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PV Panels Provide Clean, Valuable Electricity
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Net Metering Solar panels produce electricity Meter registers electricity produced and consumed Net electricity spins the meter forward or backward Electrical credit decreases future bills for using less electricity than you produce
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Regular Home Electricity Used by the House1000 kWh Charge for each kWh of Electricityx $0.10/kWh Total Cost of Electricity =$100.00 Solar Powered Home Electricity Used by the House1000 kWh Electricity Generated by the PV System- 750 kWh Net Metered Amount of Electricity250 kWh Charge for each kWh of Electricityx $0.10/kWh Total Cost of Electricity =$25.00 Net Metering Benefits
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Recent PV System Installation System Savings System Size4.32 Monthly Savings$55.40 Lifetime Savings$29,500.00 Simple Payback7 System Cost Cost of System$28,000.00 Federal Tax Credits$8,400.00 Louisiana Tax Credits$14,000.00 Net Cost$5,600.00
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Sample Monitoring System
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Investment Returns
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