EnergySage Customer
Quick Facts
Average Annual Savings

$1,120

Energy Needs Met

50% to 74%

of electricity

Net Investment

$14,788

Return on Investment

7.6%

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Residential - November 2017

Tesla Energy 26-panel 8.45Kw PV system - worthwhile, net metering, sized to reduce yearly electricity from Dominion Energy by two-thirds.

EnergySage Customer
Quick Facts
Average Annual Savings

$1,120

Energy Needs Met

50% to 74%

of electricity

Net Investment

$14,788

Return on Investment

7.6%

Property

Owner:
Mark Malcolm
Type:
Residential
Address:
12824 Tournament Drive, Reston, VA 20191-5860
Size:
2,702 sq ft
Energy need met:
50% to 74% of electricity

Technology

Type:
Solar PV
Installed:
November 2017
Size of System:
8.45 kW
Monitor performance:
Tesla provides online monitoring only through iOS or Android apps
Purposes:
To generate electricity

Financial Details

Gross Cost of System:
$21,125
Value of Tax Credits:
$6,338
Net Cost of System:
$14,788
Annual Savings:
$1,120
Own or Lease:
Cash Purchase
Additional Financial Notes:
Fairfax County, Virginia: $0 for building permits, etc. Real estate tax abatement (reduction), 5 years, real estate tax base rate x gross cost of system: 2018, 2019 ($1.15/$100) $242.94 each year. 2nd year anniversary: 20475 kWh solar energy produced in 730 days (2017, Nov 20-Dec 31: 1076; 2018 full year: 9696; 2019 thru Nov 20: 9702), Dominion Virginia Power residential schedule 1 (2019) [over course of year: effective average rate $0.11/kWh inclusive all charges). Expect system degradation of PV performance at 0.25%/year for 30-35 year life; guaranteed performance levels with respect system life under Tesla Energy warranty.

Professionals & Suppliers

Products:
Solarcity (PV panels branded as Sanyo, Panasonic design)
SolarEdge inverter
Installers:

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