How much does it cost?
The answer is it depends on a number of factors including, but
not limited to, the following:
- the state you live in,
- how much electricity your system will produce,
- and the financing options in which you qualify.
Bill Granger, Trinity VP, explains the economics of solar for
If you are purchasing the system outright, then the costs below
provide an illustration of the costs and incentives one would
receive for a project that produces SRECs.
|System Production, kilowatt-hours
|Annual Electric Savings
($0.18/kw electric rate)
|Annual SREC Income
|Total Annual Income
|Cost of system
|Less 30% Federal Tax Credit
|Cost after tax credit
|Return on Investment
Some incentive programs provide
calculators to see just how much savings you will