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Solar Economics

Solar Energy Makes Sense – for Your Budget as well as the Planet

Global warming. Pollution. Skyrocketing energy costs. Dependence on foreign oil. We are already paying the price for our reliance on fossil fuels. These problems will only escalate unless we take immediate action. SunFlower makes it easy for you to not only become part of the solution, but also cash in on all the financial rewards:

Immediate Positive Cash Flow: The combination of state/federal rebates & incentives together with affordable system financing will provide positive cash flow, putting cash back in your pocket. Businesses can obtain ITC & state incentives up to 80% of total system cost.

Protection from Rising Utility Rates: Conventional electricity rates are rising dramatically. By going solar, you will rest easy as your system provides decades of free electricity – courtesy of the sun!

Add Value to Your Property: Your home value will increase $20 for every $1 in annual energy savings. So saving $750/year in electricity could increase you home value by $15,000! What’s more, this value increase is tax exempt. As energy prices continue to spin out of control, the value of your system and your energy savings will increase dramatically.

Your Solar-Powered Home: Now more than ever, solar energy makes good financial sense. The table below shows the positive cash flow of a solar powered home. This home in this example has a 4kW solar electric system & a 120 gal. solar water heating system financed with a 15-year typical home improvement loan, and 6% annual utility energy price increase:

Estimated monthly system cost (mortgaged)

$290

Estimated average monthly savings over 5 years

$170

Annual power bill savings

$2,040

Florida rebate @ $4 per watt, paid in year-1

$16,000

Federal Tax Credit for solar electric and solar hot water(yr-1)

$4,000

Year-one positive cash flow

$18,560

5- Year total positive cash flow

$12,800

Increase Home value year-One

$40,800