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Mailing Address:
Happy Solar Owner
1234 Sunny Lane
Portland, OR 97201
Summary
Customer
Happy Solar Owner
Site Address
1234 Sunny Lane
Portland, OR 97201
Mailing Address
1234 Sunny Lane
Portland, OR 97201
Company Contact
We turn sunlight into power
SolarWorld Americas
CA
$27,463
$92 / mo (avg)
5-6 years
378%
14.4%
$0.081 / kWh
$8,959
Cost Breakdown
Installer Contract Cost
$16,560
($3,105)
($4,037)
$9,418
($6,000)
$3,418
System Description
Total System Size
Estimated Annual Production
PV Panel Description
Inverters
Energy Analysis
Your historical energy usage was used to help size your solar system. Based upon the system size suggested, the expected
electricity bill savings over a 25 year period are provided. In addition, the first-year electricity bill savings you can expect are
provided together with a chart of the monthly solar system output (PV production) you can expect.
Assumptions: Post-Solar Electric Rate Schedule for Portland General Electric (PGE) is Residential (Single Phase) Annual utility inflation: 6.70%
(assumed). Energy Bill Savings are actual, without any tax effects applied.
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Annual
500
450
400
400
450
500
400
350
425
450
400
525
5,250
Solar Production
194
267
381
456
515
551
594
574
501
366
175
158
4,732
306
183
19
-56
-65
-51
-194
-224
-76
84
225
367
518
(Cost)
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
$64
$57
$52
$52
$58
$63
$52
$46
$55
$58
$52 $66
$675
$41
$27
$10
$7
$8
$7
$8
$8
$7
$17
$32 $48
$220
Credit for excess electricity generated (month of credit depends on interconnect date) $72
$72
$23
$30
$42
$45
$50
$56
$44
$38
$48
$41
$20 $90
$527
Financial Analysis
The first chart summarizes the cash flow you can expect from the system quoted. Key financial measures are also provided.
Financial Summary
Utility Savings Over Initial Term
$27,463
Net Cost
(In year of installation)
Payback Period
Rate of Return on Cash Invested
Total Life-Cycle Payback
(Cash flow compared to Net Cost)
$9,418
5-6 years
14.4%
378%
$0.081 / kWh
274,576 miles
Medium Car:
147,273 miles
SUV:
103,185 miles
Air Miles:
167,010 miles
Trees Planted:
CO2 from Trash & Waste:
$16,560
$0
Balance of System
$0
Labor
$0
$0
Gross Cost
$16,560
($3,105)
($4,037)
Total Incentives:
(In year of installation)
Net Cost:
(In year of installation)
Contract Cost:
System Description
Total System Size:
4,732 kWh
Array 1
4.140 kW
Number of PV Panels:
18
PV Panel Description:
Inverters:
100%
100%
($7,142)
$9,418
$16,560
$3,105
$0
$0
$0
$0
$0
$1,500
$1,500
$1,500
$1,500
$4,037
$0
$0
$0
$0
$0
$527
$556
$588
$621
($16,560)
($16)
($16)
($17)
($17)
($9,418)
$2,011
$2,040
$2,071
$2,104
($9,418)
($7,407)
($5,367)
($3,296)
($1,192)
Year:
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$656
$694
$732
$774
$817
($17)
($17)
($17)
($17)
($18)
$639
$677
$715
$757
$799
($553)
$124
$839
$1,596
$2,395
Year:
10
11
12
13
14
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$863
$912
$963
$1,017
$1,074
($18)
($18)
($18)
($18)
($19)
$845
$894
$945
$999
$1,055
$3,240
$4,134
$5,079
$6,078
$7,133
Year:
15
16
17
18
19
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$1,135
$1,199
$1,266
$1,338
$1,413
($19)
($19)
($19)
($19)
($20)
$1,116
$1,180
$1,247
$1,319
$1,393
$8,249
$9,429
$10,676
$11,995
$13,388
Year:
20
21
22
23
24
25
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$1,493
$1,577
$1,666
$1,759
$1,859
$1,964
($20)
($20)
($20)
($20)
($21)
($21)
$1,473
$1,557
$1,646
$1,739
$1,838
$1,943
$14,861
$16,418
$18,064
$19,803
$21,641
$23,584
25 years
0.10% of system cost per annum
PV Degradation:
Estimated Inverter Life:
Environmental Analysis
CO2 gas emissions avoided per passenger via various travel methods:
Travel Method
Emissions / mile
Small Car
.59 pounds
Medium Car
1.10 pounds
1.57 pounds
0.97 pounds
Air travel average USA capacity.
Tree offset calculation is based on a tree planted in the humid tropics absorbing on average 50 pounds (22 kg) of carbon dioxide
annually over 40 years - each tree will absorb 1 ton of CO2 over its lifetime; but as trees grow, they compete for resources and
some may die or be destroyed - not all will achieve their full carbon sequestration potential. This calculator assumes that 5 trees
should be planted to ensure that at least one lives to 40 years or that their combined sequestration equals 1 ton.
General waste is based on the USA average carbon dioxide emission equivalent of 1,010 pounds per person per year.
Sources: Sightline Institute, Trees for the Future and USA Environmental Protection Agency