home - for Long Island & New York State --- a collaboration for the 21st century

 

How a 2.5 kilowatt PV system might shake out:

System Cost

2,500 x $8.50/watt

 $21, 250
LIPA Incentive

2,500 x 4.50/watt

 (11,250)
5 Year NYS Tax Credit

Net Present Value

 (1,563)

To be Financed over 10 Years

 $8,437
Monthly Payment

Prime @ 6.0% less LIPA's Buydown

 (43.69)
Monthly kWh Production ($)

394 kWh x $0.145

 57.02
Saved per Month

kWh Savings ($) less Monthy Payment

$13.35
Annual Savings 160.20

Call Frazer Dougherty at 631.537.1654 or email info@solaroptions.com

  updated 06/23/06