Solar Usage: Domestic hot water for apartment tenants
Installer: www.quixotic-systems.com |
|
|
|
SYSTEM COMPONENT SPECIFICATIONS:
- 20 G410 Collectors
- 3 rack mounted arrays
- 1,200 gal. non-pressurized tank
- 350 gal. auxiliary heater tank
|
|
PROJECT COST: |
|
Equipment Labor |
$ 129,333 |
|
|
LESS INCENTIVES: |
|
NYCEDC Grant |
$ 38,801 |
Federal Energy Tax Credit |
$ 27,161 |
|
|
Depreciation amount (5 years) |
$ 26,165 |
|
|
TOTAL PROJECT COST: |
$ 37,210 |
|
|
ENERGY DATA: |
|
Average Annual Energy Output |
|
Calculated Annual Energy Savings |
2,590 Therms |
Average Annual CO2 Offset |
|
|
|
FINANCIAL FEASIBILITY: |
|
Payback |
5 Years |
Current Utility Rate |
$ 1.55 Per Therm |
Fixed Solar Energy Rate |
$ .71 Per Therm |
|