Solar installation with detailed electrical house circuit monitoring

Residential - July 2016

Clean power and reduced electrical expense with detailed circuit monitoring

Quick Facts

Average Annual Savings

$2,400

Energy Needs Met

100%

or more of electricity

Net Investment

$12,600

Return on Investment

23.8%

Property

Owner:: Laibach Solar LLC
Type:: Residential
Address:: 856 Miramar Terrace, Belmont, CA 94002
Size:: 3,000 sq ft
Energy need met:: 100% or more of electricity

Technology

Type:: Solar PV
Installed:: July 2016
Size of System:: 6.2 kW
Purposes:: To generate electricity

Financial Details

Gross Cost of System:: $18,000
Value of Tax Credits:: $5,400
Net Cost of System:: $12,600
Annual Savings:: $2,400
Annual Revenue:: $600
Own or Lease:: Cash Purchase
Additional Financial Notes:: Considering the Hot Tub was the big energy hog, I decided to add solar hot water transfer to help heat the Hot Tub. I already have an abundance of domestic hot water, and virtually use no natural gas for heating domestic hot water.

Professionals & Suppliers

Products:: SolarEdge Technologies
Installers:: Laibach Solar LLC

What You Need to Know

Description:

I have eighteen - 335-watt panels and solar edge inverter

Other Benefits:

Happy spouse with reduced energy cost over the short term -- and a very happy spouse when the system is paid off and the extra energy is revenue

Maintenance Requirements:

Almost no maintenance, except hosing down the panels a couple time a year

My Motivation:

working the numbers on cost and return -- plus being good to the environment.

Experience with Installer:

Dan's company was awesome, everything went smoothly and he owned every issue and resolved them quickly

Open House Info:

All are welcome

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