Tuesday, 17 February 2009

SOLAR HOT WATER

SolaRay

 

Estimated Installed Cost of System $5,800

**State Rebate**

25% of investment Maximum $1,000

 

**SRP/APS**

.50 time the annual KWR

48 SQ with 80 Gallon Electric 2900

APS $2,175 SPR $1,450 Rebate

Annual Electric Savings

KW Hours Saved  $232

 

**Federal Tax Credit**

30% of investment Maximum $2,000

Tax credit of $1,740

 

***TOTAL NET COST OF SYSTEM *** $885.00!!!

 

Cost of Electric 50 gallon water heater installed $1,000

Being green will save you $115! That’s less then the traditional method!