“Assume a solar system on your rooftop of about 8 kW in size. Cost to put up this system is approximately $27,500. After the rebates and federal state tax credits, your out of pocket expense is under $19,000.

 Generation in Winter is approximately $200 during winter months, and $400 during Summer months.

 Usage in Winter is approximately $250 per month, and during summer is $400 per month.

Old Bills were about $3900 per year. After the solar system installation, new bills will be $350 per year.

If you take equity loan for $17,500 with 5% interest rates, payments are $3000 per year.

 Savings are $3550 per year, and your system is paid off in 6 years. If you do not take a loan, system is paid off within 5 years.