Going Solar is more affordable than you think! Below is an example of your payback with our Ag Series 5.4 kW ‘RTI’ Steel Roof Mount or Ground Mount Solar System.
Terms to know
~A kilowatt (symbol: kW) is a unit of electric power. One kilowatt (kW) is equal to 1000 watts (W).
~A watt is the standard unit of power equivalent to one joule per second and equal to the power in a circuitin which a current of one ampere flows across a potantial difference of one volt.
~An ’RTI’ or Ready-to-Install is where you can do much of the work yourself saving a great deal in the cost of the system as you would not be paying us for the labor. We deliver the system to your location
and take the time to show you how it goes together and then you can complete the project on your own. We provide the electrical drawings for your electrician to connect to your panel or meter and the
spec sheets for ground mounts if needed.
~FOE or Focus on Energy is Wisconsin’s statewide utilities’ energy efficiency and renewable resource program. Utility companies participating in this program will send a rebate check equaling 12% of installed cost for your system, not to exceed $2,000 for residential or $4,000 for non-residential.
~30% Federal Tax Credit is a 30% credit of the entire cost of the system including electrical costs that can be applied as a tax credit at the end of the year when you file your taxes.
~Payback is the period of time in which to recoup the cost of the system.
~Accelerated depreciation is a 23% tax credit that can be applied as a tax write off for business owners. The payback example below is for an Ag Series ‘RTI’ 5.4 kW solar system with 20 Ag Series Peimar, 270 watt high performance solar panels with a 30-year performance warranty on a steel roof or a ground mount. Ground mount materials are not included and can be purchased at your local hardware store or building center using a list of required items provided by NES.
Finance your next energy solution solar system with Home Loan Investment Bank (HLIB)
Click on the financing information link below for a complete informational packet to learn how home loan investment bank (HLIB) can help you start saving with solar now!
- No equity requirements
- No appraisal requirements
- No seasoning requirements
- 100% up-front funding
- Funds must be used for eligible home improvements
- Single family
- Multiple family up to 5 units
- Mobile home
- Condominium (interior work only)