Eigel Farm

Residential - May 2009

Ecohouse Solar Rooftop solar array on barn

Quick Facts

Average Annual Savings

$1,400

Energy Needs Met

75% to 99%

of electricity

Net Investment

$13,000

Return on Investment

29.2%

Property

Owner:: Kevin Eigel and Marcia Miller
Type:: Residential
Address:: 7657 Feder Rd,., Galloway, OH 43119
Size:: 1,600 sq ft
Energy need met:: 75% to 99% of electricity
Designations:: Zero net energy

Technology

Type:: Solar PV
Installed:: May 2009
Size of System:: 7.8 kW
Purposes:: To generate electricity

Financial Details

Gross Cost of System:: $50,000
Value of Rebates:: $22,000
Value of Tax Credits:: $15,000
Net Cost of System:: $13,000
Annual Savings:: $1,400
Annual Revenue:: $2,400
Own or Lease:: Cash Purchase
Additional Financial Notes:: I signed a five year contract to sell Solar Renewable Energy Credits at $240 each for five years. This has provided $12,000 over the first five years. I will continue to sell the SRECs at a lower price starting in 2016. The system has paid for itself in under five years.

Professionals & Suppliers

Products:: SMA America; Schuco Solar
Installers:: Ecohouse Solar

What You Need to Know

Description:

7.8 kW system installed on south facing barn roof

Other Benefits:

I have used the system to demonstrate the benefits of solar to many other people

Maintenance Requirements:

Just keep the wires off the roof.

Efficiency or Sustainability Improvements:

My house is super energy efficient

My Motivation:

I am concerned about climate change and want to do whatever I can reduce its effects.

Advice:

GO SOLAR now.

Experience with Installer:

I did the installation myself with my company Ecohouse Solar. This was my first installation and I have now don nearly 70 other installations

View Other Case Studies

Search for Other Case Studies

The EnergySage Marketplace

Get the best deal on solar.

Get Started

Learn More About

On Our Solar News Feed