EXAMPLES
Installation

Solar Installations: Savings Examples

With all the benefits of going solar, there has never been a better moment than now to consider a solar solution for your home or business.
SunHeat Solar helps you find the programs that provide “getting-started” assistance for your project. These programs lower the effective cost of an installation through many means, and speed the return on your investment.

Here are some examples of real savings from real jobs completed by SunHeat Solar

Residential Solar Home Water Heating w/ New High Efficiency Water Heater  

Initial Cost of Installation
 
$10,000
Incentives, Rebates and Tax Credits
 
$ 5,000
Net Installed Cost
 
$ 5,000

In this example, the client also avoided the replacement cost of the installation of an new water heater, saving between $800 and $1,200.

The annual energy savings netted by our solar installation should be between $500 and $1,000. The exact figure depends on actual hot water usage and heating fuel costs.

This homeowner will see a simple return on their investment in three to seven years. They immediately saw an increase in the value of their home--the collectors on the roof make a property desirable for any prospective buyer interested in an eco-friendly lifestyle.

 

Commercial Solar Water Heating System: Brighton Car Wash, Naperville, Illinois 

Initial Cost of Installation
 
$60,000
Incentives, Rebates and Tax Credits
 
$40,000
Net Installed Cost
 
$20,000

Brighton Car Wash saved 1,000 therms in the month of December/January (once their solar system was in operation.) At a cost of $1.00 per therm, they would see a simple return in between two and four years.

Their 10-year ROI will reach $50,000.00 to $100,000.00 (At current energy prices; this does not include energy price increases over time.)

Brighton was quick to market this new green aspect of their business. It's estimated that this will give them up to a ten percent boost in business!

 

Commercial Solar Solar Electric PV System: Earth Friendly Products, Addison, Illinois 

Initial Cost of Installation
 
$275,000
Incentives, Rebates and Tax Credits
 
$150,000
Net Installed Cost
 
$125,000

The amount of energy produced annually by the array we installed for Earth Friendly Products is approximately 110,000 kW (kilowatt).

Calculating Earth Friendly Products simple return on their net cost depends on the cost of non-solar produced electricity. At 10 cents/kWH, they will see a simple return in 11.4 years. If costs rise to 20 cents/kWH, the figure is 5.7 years. And should the cost of electricity rise to 30 cents/kWH, Earth Friendly will see a simple return on their investment in only 3.8 years!

There is a 20 year warranty on all solar equipment. Earth Friendly will be enjoying the benefits of their sustainable energy practices even longer than that.