Tuesday, April 23, 2019

Example Project Estimate

The difficulties of choosing the right solar can be insurmountable, especially if you've never thought about your electricity bill too much beyond what it is in the surface, a bill that goes up every month if you don't pay it, one that can leave a negative track on your credit score for many years if it isn't caught up after your next move. Something, that could potentially be thwarted be irresponsible neighbors telling the utilities provider that you're sharing the same bill. If you're not careful your utilities can leave an indent in your budget, your credit and your stress level. And, if you decide to make the switch to solar, you need to do your homework and shop diligently. Getting a good perspective can  be the hardest part, and shopping can easily change your buying decisions, and the real impact that switching to solar ultimately gives you.

The reason I refer so many people to HahaSmart, is because as a DIY expert, and someone who has paid a lot of electricity, bill, I can safely tell all of my customers that these guys, are giving you a fair and accurate price. Here is an example of a full system, generated by the sites price-checker. All you have to do is fill out your location, your average utility bill, and the site sizes your full system right away. From installation, to buying the panels and accessories you're getting an overall discount compared to the average market value of home solar. After tax incentives, your net costs is reduced by 30%, and the overall prices are  25% below the average market value of home solar. 2019 is still going to be one of your best years to adapt to solar, because  it is going to go down 4% from the original 30% reduction after 2020.

So, in 2019 here is what you are getting. The example is from a system size assessment in Santa Rosa, CA in 2019. And, switching from your standard prices is quoted as  $53,369 savings over a 20 year period. However, if you are looking for a partial system based on a certain amount of tools use the DIY tool instead. The following is from the price-checker.

System Size: 5.8 KW - DC
Your project address: ###, Santa Rosa, CA 95407, USA

Your average monthly electricity bill: $168

PERMIT & PRODUCT COST As Low As: $8,129
Solar Product Package includes: Engineer / Permit: $798

Panel:21 pcs * $145/pcs = $3,049

Inverter & Accessory:$1,725

Racking: $907

BOS: $738

Other mis:$0.05/watt * 5,775 watt = $280

Sales Tax:$7,217 * 8.75% = $632

*Solar product package does not include electrical main service panel upgrade, and finance expenses.
*Sales Tax Rate: 8.75%. Please consult with your CPA for more information of sales tax.

Your Project Analysis
Permit & Product + Installation Cost $8,129 + $6,300 = Total Cost $14,429
System Size: 5.8 KW - DC


$10,100 Net Cost - This is after tax incentives in 2019

1 comment:

  1. A very helpful. I came here after reading you article on quora.

    ReplyDelete

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