Solar Summary

Method : Prepay

System Size : 40

Date system was turned on : 08-02-2023

Panel Count : 22

Prepaid Amount : $4000

Cost per KWh : $1,000.000

Electric Usage Offset : 105%

Savings (annual) : $ 800.00

Savings (20 Years) : $14,000.00

Savings (20 years): $54,857.60

Return on Investment : 25.00 %

Return on Investment including battery credit : 97.96 % How is this calculated

Break Even (in years): 1

Break Even (in years) : 4

Property

Address: Barbury Pal, California, 54000

Owner Posted by: ihsan k

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Technology
Solar Installers

nwlogics (Read My reviews)

Utility Company

Southern California Edison

Before

After

Before Solar

Total energy use (Annually) from utility before going solar: 8000 Kwh

Annual Utility Increase: 6.75%

Annual Bill: $0.00

Old Monthly Cost of Energy: $0.00

Cost of Energy BEFORE (per kWh) : $0 ------- inf% Saved

After Solar

Total energy use (Annually) from utility after going solar: -1000 Kwh

Annual Bill (Solar + utility): $0.00

First Year Savings: $800.00

New Monthly Cost of Energy: $0.00

Cost of Energy AFTER (per kWh) : $1000

Value to home: $200,000.00

What was agreed to

Proposal Stated system would produce: 9000 KWh

Proposal said 1st year savings would be: $800.00

What was delivered

My system actually produced : 7,934.00 KWh

First year actual savings: N/A

Owners Logic

Why did you go solar? :

Notes on experience :

Finance

Gross System Cost : $4,000.00

Rebates : $

Other Incentives : $

Net System cost : $4,000.00

Structure

Term: Years

Rate: %

Finance Company : Not Reported

Projections
Years Before Solar After Solar Savings
Yr 1 $2,240.00 $8,000,000.00 $-7,997,760.00
Yr 5 $2,908.84 $8,000,000.00 $-39,987,182.45
Yr 10 $4,032.36 $8,000,000.00 $-79,969,414.21
Yr 15 $5,589.83 $8,000,000.00 $-119,944,783.10
Yr 20 $7,748.86 $8,000,000.00 $-159,910,638.40