Customer Name

James Carlin

Phone

305-2577

Address

839 W. Calle Ranunculo 85704

Email

?
Yrly

Current KWH
Current $
Current rate

monthly avg
12000
1000.00
$1,440.00
$120.00
$0.1200

Yrly
Current KWH
Current $
Current rate

monthly avg
12000
1000.00
$1,440.00
$120.00
0.12

Watts Needed

5454.545

Panel Wattage

Qty Needed
300
18

Panels
Watts

18 Qty
5400

Project Cost
Add ons
Service Upgrade
Ground Mount
Roch
Carport
Other

$18,360.00

Cost Per Watt

$3.40

panel watts
285
245
240 a/c

output for panel

520
404
404

Current Incentive
0.1 TEP
0.3 SRP
0.5 SSVEC
0.1 Trico
0.1 APS

UFI
UFI
PBI
UFI
UFI

cost per watt

3.5
3.5
3.9

$0.00

Total
Utility
Incentive per watt
Type of Incentive
Total Amount Paid

watts per panel

300

$18,360.00
Trico Co-Op
0.1
Performance Based Incentive
$540.00

10 percent payment 1
60 percent payment 2
30 percent payment 3
total

paid out monthly

$1,836.00
$11,016.00
$5,508.00
$18,360.00

Standard Loan Analysis

Fixed 4.25 15 year
Analysis
Amount financed

$9,872.00

Annual interest (e.g., 8.25)

5.00

Duration of loan (in years)

8.5

Start date of loan

07-01-12

Current Electric Bill

$120.00

Monthly payments

#VALUE!

$119.00

Total number of payments

102

Yearly principal + interest

1,428.02

Principal amount

$9,872.00

Finance charges
Total cost
Payment
Number

$2,266.20
#VALUE!

Payment
Date

1
2

Beginning Balance

$12,138.20

Interest

Principal

Balance

$9,872.00

41.13

$77.87

$9,794.13

Accumulative
Interest

Accumulative
Principal

$41.13

$77.87

$9,794.13

40.81

$78.19

$9,715.94

$81.94

$156.06

#VALUE!

$9,715.94

40.48

$78.52

$9,637.42

$122.43

$234.58

#VALUE!

$9,637.42

40.16

$78.85

$9,558.57

$162.58

$313.43

#VALUE!

$9,558.57

39.83

$79.17

$9,479.40

$202.41

$392.60

#VALUE!

$9,479.40

39.50

$79.50

$9,399.89

$241.91

$472.11

#VALUE!

$9,399.89

39.17

$79.84

$9,320.06

$281.07

$551.94

#VALUE!

$9,320.06

38.83

$80.17

$9,239.89

$319.91

$632.11

#VALUE!

$9,239.89

38.50

$80.50

$9,159.39

$358.41

$712.61

10

#VALUE!

$9,159.39

38.16

$80.84

$9,078.55

$396.57

$793.45

11

#VALUE!

$9,078.55

37.83

$81.17

$8,997.38

$434.40

$874.62

12

#VALUE!

$8,997.38

37.49

$81.51

$8,915.86

$471.89

$956.14

13

#VALUE!

$8,915.86

37.15

$81.85

$8,834.01

$509.04

$1,037.99

Project Details

Renesola 300 W Solar Module

18
System Wattage

5,400
System Output Kilowatt Hours

11,880
System Cost
$18,360.00
Federal Rebate

$5,508.00
State Rebate

$1,000.00
Utility Incentive for solar

$540.00
Total Rebate / Incentive

$7,048.00
System Cost After Rebate / Incentive

$11,312.00

Contact: Solar Solution AZ LLC 520-471-1866

For any questions or comments. ROC # 282700
Estimated Current Electric Bill
$120.00

Amount Financed Same As Cash

$18,360.00

Apply Federal / State Rebates

$6,508.00

Apply
1 Year of AVG Electric Expense
$120.00 x12

$1,440.00

1 year Utility Incentive

AND

$540.00

$1,980.00

New Balance After 1st Year which needs to be refinanced

$9,872.00
$9,872.00 Loan 5%

for

8.5 yrs

pmt=

Keep Making Payments of

$119.00

Power is then free after

9.5

years

Protects you from Electric Price Increase

$119.00

VS

Electric Bill NOW

Year

Avg Monthly
Electric Bill

Avg Yearly Totals

Electric Bill

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

$120.00
$124.80
$129.79
$134.98
$140.38
$146.00
$151.84
$157.91
$164.23
$170.80
$177.63
$184.73
$192.12
$199.81
$207.80
$216.11
$224.76
$233.75
$243.10
$252.82

$1,440.00
$1,497.60
$1,557.50
$1,619.80
$1,684.60
$1,751.98
$1,822.06
$1,894.94
$1,970.74
$2,049.57
$2,131.55
$2,216.81
$2,305.49
$2,397.71
$2,493.61
$2,593.36
$2,697.09
$2,804.98
$2,917.18
$3,033.86

21
22

$262.93
$273.45

$3,155.22
$3,281.43

23
24

$284.39
$295.77

$3,412.68
$3,549.19

25

$307.60

$3,691.16

26

$319.90

$3,838.80

27
28
29

$332.70
$346.00
$359.84

$3,992.36
$4,152.05
$4,318.13

30

$374.24

$4,490.86

$7,799.50

$17,288.79

$28,833.97

$42,880.43

$59,970.11

$80,762.31

Solar Cost

Year
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

Monthly
Electric Cost
$119.00
$119.00
$119.00
$119.00
$119.00
$119.00
$119.00
$119.00
$119.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00

Yearly
Electric Cost
$1,428.02
$1,428.02
$1,428.02
$1,428.02
$1,428.02
$1,428.02
$1,428.02
$1,428.02
$1,428.02
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00

Totals
Electric Bill

Savings

$7,140.11

$659.39

$12,852.21

$4,436.59

$12,852.21

$15,981.76

$12,852.21

$30,028.23

$12,852.21

$47,117.90

$12,852.21

$67,910.10

Note: This chart represents a solar application where the solar system is financed vs if you continued to pay for electricity
from the utility.
The column on the Left Represents the exact same amount of energy as the column on the Right.

Your Gauranteed Solar Production

The Bottom Line:

What you're currently paying for one unit of

energy
vs
What one unit of energy costs from solar

Which would you rathe

Annual Electricity Usage
System Annual Output
$/KWH
$
TOTAL
Electricity TOTAL
$0.12 $1,440.00 $1,440.00
12000
12000
$0.12 $1,497.60 $2,937.60
12000
24000
$0.12 $1,557.50 $4,495.10
12000
36000
$0.13 $1,619.80 $6,114.91
12000
48000
$0.13 $1,684.60 $7,799.50
12000
60000
$0.13 $1,751.98 $9,551.48
12000
72000
$0.14 $1,822.06 $11,373.54
12000
84000
$0.14 $1,894.94 $13,268.49
12000
96000
$0.14 $1,970.74 $15,239.23
12000
108000
$0.14 $2,049.57 $17,288.79
12000
120000
$0.15 $2,131.55 $19,420.35
12000
132000
$0.15 $2,216.81 $21,637.16
12000
144000
$0.15 $2,305.49 $23,942.65
12000
156000
$0.16 $2,397.71 $26,340.35
12000
168000
$0.16 $2,493.61 $28,833.97
12000
180000
$0.16 $2,593.36 $31,427.32
12000
192000
$0.17 $2,697.09 $34,124.42
12000
204000
$0.17 $2,804.98 $36,929.39
12000
216000
$0.17 $2,917.18 $39,846.57
12000
228000
$0.18 $3,033.86 $42,880.43
12000
240000
$0.18 $3,155.22 $46,035.65
12000
252000

$/KWH
$
$0.12 $1,428.02
$0.12 $1,428.02
$0.12 $1,428.02
$0.12 $1,428.02
$0.12 $1,428.02
$0.12 $1,428.02
$0.12 $1,428.02
$0.12 $1,428.02
$0.12 $1,428.02
$0.11
$0.00
$0.10
$0.00
$0.09
$0.00
$0.09
$0.00
$0.08
$0.00
$0.08
$0.00
$0.07
$0.00
$0.07
$0.00
$0.06
$0.00
$0.06
$0.00
$0.06
$0.00
$0.06
$0.00

$0.19
$0.19
$0.20
$0.20
$0.20

$3,281.43
$3,412.68
$3,549.19
$3,691.16
$3,838.80

$49,317.08
$52,729.76
$56,278.95
$59,970.11
$63,808.91

12000
12000
12000
12000
12000

264000
276000
288000
300000
312000

$0.05
$0.05
$0.05
$0.05
$0.05

$0.00
$0.00
$0.00
$0.00
$0.00

$/KWH for electricity over 25 years

$/KWH for solar over 25 years

LIFETIME TOTALS
SUM
$63,808.91
TOTAL $/KWH

312000
$0.20

$12,852.21
TOTAL $/KWH

ottom Line:
$0.120

<-- and increasing

$0.046

would you rather pay?

12000
11,880
TOTAL
Solar
$1,428.02
$2,856.05
$4,284.07
$5,712.09
$7,140.11
$8,568.14
$9,996.16
$11,424.18
$12,852.21
$12,852.21
$12,852.21
$12,852.21
$12,852.21
$12,852.21
$12,852.21
$12,852.21
$12,852.21
$12,852.21
$12,852.21
$12,852.21
$12,852.21

11,880
11,785
11,690
11,595
11,500
11,405
11,310
11,215
11,120
11,025
10,930
10,835
10,740
10,644
10,549
10,454
10,359
10,264
10,169
10,074
9,979

TOTAL
11,880
23,665
35,355
46,950
58,450
69,854
81,164
92,379
103,499
114,523
125,453
136,287
147,027
157,671
168,221
178,675
189,035
199,299
209,468
219,542
229,522

degradation year
1 1
0.992 2
0.984 3
0.976 4
0.968 5
0.96 6 Solar Degradation
0.952 7
0.008
0.944 8
0.936 9
0.928 10
0.92 11
0.912 12
0.904 13
0.896 14
0.888 15
0.88 16
0.872 17
0.864 18
0.856 19
0.848 20
0.84 21

$12,852.21
$12,852.21
$12,852.21
$12,852.21
$12,852.21

TOTAL $/KWH

9,884
9,789
9,694
9,599
9,504

277,992
0.04623229

239,406
249,195
258,889
268,488
277,992

0.832
0.824
0.816
0.808
0.8

22
23
24
25
26

18