$2,278
75% to 99%
of electricity
$31,147
15.5%
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14.4 kW solar energy system with 45 LG panels.
$2,278
75% to 99%
of electricity
$31,147
15.5%
Property
- Owner:
- Mark Sedlack
- Type:
- Residential
- Address:
- New Franklin, OH 44216
- Energy need met:
- 75% to 99% of electricity
Technology
- Type:
- Solar PV
- Installed:
- March 2016
- Size of System:
- 14.4 kW
- Purposes:
- To generate electricity
Financial Details
- Gross Cost of System:
- $44,496
- Value of Tax Credits:
- $13,349
- Net Cost of System:
- $31,147
- Annual Savings:
- $2,278
- Annual Revenue:
- $2,563
- Own or Lease:
- Cash Purchase
- Additional Financial Notes:
- The $2,563 is the annual electricity savings plus the value of the SRECs at $15 an SREC.
Professionals & Suppliers
- Products:
- LG Solar
- Financing:
- Cash Payment
What You Need to Know
Description:
45 LG panels with Enphase microinverters. The system is rooftop mounted on the garge, which is used for laboratory research. There is ground trenching connecting the wires from the garage to the main residence.
Other Benefits:
Carbon offset of 9.5 tons of coal per year.
Maintenance Requirements:
No maintenance required. If the system experiences any problems, YellowLite is on-call to service the system.
My Motivation:
The motivation to go solar was the economic payback and the feeling of independence. Mr. Sedlack uses a significant amount of electricity to power his home business and going solar was a good option for him.
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