COSTS & BENEFITS
Things To Know When You Participate In
Solar Barn Raising
COSTS
1.
LEARNING CURVE
We want you to gain a basic knowledge of how a solar power system is designed and constructed.
2.
PROCESS
There are many steps - so it takes some time and effort on your part.
3.
INVOLVEMENT
We require you to be an active participant in all stages of the project; we do not install a solar power system for you.
4.
UP FRONT COST
Your up front cost is the wholesale cost of the solar panels, mountain hardware, shipping costs, and SBR operating costs surcharge of $0.65-$0.85/watt to cover paid staff, tools, engineering, etc. As an example, the up front cost of a 5 kW system would be approximately $7500-$8000.
5.
REBATES
After the project is completed, you can claim a 26% federal renewable energy tax credit and any available rebates from your utility.
6.
FINAL COST
With SBR, your final cost is typically under $2.50/watt, depending on the type of system and cost of electrical hookup.
7.
PAYBACK TIME
Your payback time is approximately 8-12 years.
BENEFITS
1.
LEARNING
You expand your knowledge of renewable energy systems - specifically how solar PV is designed, constructed, and performs.
2.
CAMARADERIE
You meet new friends who share your enthusiasm for generating your own electricity!
3.
DECARBONIZATION
Your solar installation contributes, at the local level, to decarbonizing our energy generation system. And there's more that you can do do like installing heat pumps, adding insulation, purchasing Energy Star appliances, and using LED lights.
4.
MONEY SAVINGS
You realize substantial savings on the installation of your solar power system (you earned it!). After about 5 years, your electricity is almost free (you still pay the base rate).