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Ongrid Proposal Sample 2013
Ongrid Proposal Sample 2013
Ongrid Proposal Sample 2013
Bicycle Solar
111.222.3333
Net Savings
Total Electric Bill Savings over loan term / over 25 years *
Net System Cost = Total System Cost - Incentives
Total Net Financing Costs over 20-year loan term
$110,475 / $153,747
$29,834 = $42,620 - $12,786
$16,854
$63,787 / $107,060
Smart Financing
Cash Paid At Installation
$5,000
PV System
System Size STC Rating
9.4 kW STC DC
Total System Efficiency
69.9%
PV System On:
South-facing composition shingle roof
$400
$300
$200
$100
$0
Electric
Bill Before
Solar
$359
Electric Bill
New Net
Cost
$194
LOC Payment
1,600
1,400
1,200
1,000
800
600
400
200
0
kWhs
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Production
Usage
Billy Wilder
Bicycle Solar
111.222.3333
Electric Bill With Solar plus Smart Financing Payments compared to the Electric Bill Without Solar
$12,000
Annual Costs
$10,000
$8,000
$6,000
$4,000
$2,000
$Years
11
13
15
17
19
21
23
25
1 Year
7 Years
13 Years
20 Years
25 Years
$4,161
($7,171)
($3,010)
$32,368
($21,230)
$11,139
$67,042
($33,426)
$33,616
$117,665
($53,877)
$63,787
$162,061
($55,001)
$4,161
($29,939)
($25,779)
$32,368
($30,653)
$1,715
$67,042
($31,531)
$35,512
$117,665
($37,024)
$80,641
$123,913
$0
$0
$0
$0
$107,060
o CASH PURCHASE
Cumulative Savings
Cumulative Cost ** ($42,620)
Net Savings
o NO SOLAR
Net Savings
$162,061
($38,147)
- DO NOTHING
$0
* Page-1 Bill Savings is after system operating expenses. Page 2 includes these expenses under Cumulative Cost.
** Cumulative Cost is reduced by incentives when received.
DISCLAIMER: This information is provided as an illustration of potential financial benefits stemming from ownership of a solar electric system. This is
not a production guarantee.A professional accountant or tax advisor should confirm these estimates.Neither Bicycle Solar nor OnGrid Solar warrants the
applicability of these estimates for particular business cases, and both disclaim all liability.
Billy Wilder
Bicycle Solar
111.222.3333
Environmental Benefits