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Financial Analysis & Consultation
Clean Solar™ wants to see you maximize your return on investment as quickly as possible. Our consultation will include the following:
Solar power system installation cost
The cost of a solar power system can vary significantly depending on the amount of power required. A home with a small $50/month -electric bill will require a completely different system than a home or business with a $400/month electric bill. For this reason, residential solar power systems, after CSI rebate, range in cost from $6-7/Watt. The average residence in California has a $100-$200 electric bill. The average size system for the average residence would be 3.0-5.0 kW at $7 a watt, the cost for this size system in California would be $21-$35K.
Commercial systems will have an even wider range of cost. View Energy Snapshot
Understanding Rebates
Because of the California Solar Initiative (CSI) tax incentive program, commercial and residential solar customers can enjoy an extremely reduced price on solar installation.
There are two types of rebates: Performance Based Incentive (PBI) and Expected Performance Based Buydown (EPBB). We will explain in detail these programs that can offer up to a 50% discount on your solar electric system.
System Capital Cost and Incentives
There are many ways you can finance your solar energy investment. We will have an in-depth discussion about your costs and look specifically at two incentive options: Optimum Tier Shaving and Zero Out Your Bill.
Financial Benefits – Short term and long term
Your new solar power system will generate a substantial savings on your electric bill. These savings can provide a variety of direct and future economic benefits. The benefits can be measured in the following ways:
- Direct, immediate, and future savings on electric bill
- Total lifecycle payback
- Increase in home resale/appraisal value
- Compound Annual Rate of Return
- If financed, current and future cash flow