Solar Analysis

Prepared for:
Prepared by:

Dylan Wolman
Mike Perkins

3225 SW Hamilton St

mperkins@powernw.com 

Portland, OR 97239 (503) 828-2249

   
CCB# 229987 
About Us - Power Northwest 

We live here, we're local 

Going Solar with Power Northwest means that you're getting a solution designed for
Pacific Northwest conditions.  It also means that we'll always be around for local
support and to help with your future power needs.  We're here to make relationships
that last. 

We believe in quality
     NABCEP Certified Installers 
     Tier 1 Panels with full 25 year warranties
     10 Year Workmanship Warranty
     Production Guarantee

 
System approach to solar 
The Energy Experts at Power Northwest will help
you get the very most out of your solar system and
home energy usage by highlighting opportunities
such as energy efficient equipment, gas to electric
conversions, and battery storage. 

Your Expert - Mike Perkins

When not promoting solar

around Portland, Mike can be
found reading, hiking, playing
cards (lately Hanabi), or
watching the Celtics. 
 Your House 

Current Utility Bill  

$80/ mo 

523 kWh ​/ mo 

6,281 kWh ​/ yr 

Environmental Consumption  

140 lbs  2,480 gal  15.5 mg 

of nuclear waste
of Coal burned of Natural Gas generated monthly 
every month  burned monthly 

 
 Your New System 

REC REC400AA Pure BlackSolar

17  Panels 

average energy
6,489 kWh  produced the first
year 

of your electric needs

103%  covered by solar

kWh

800
600
400
200
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Production Consumption
 Your System 

REC REC400AA Pure Black Enphase Micro Inverters

   

Tier 1 Panels, Top 2% of Manufacturers

Mobile App for Monitoring
Highest level of Quality & Durability High Efficiency (97.5%)

Fantastic Service & Support High production when partially shade

25 Year Power Warranty 25 Year Manufacturer Warranty

   
 How much will I save? 

Current Annual Utility Bill  Year 1 Savings

$955  $741 
 

Total utility payments over   30 Year Savings

30 years without solar  After the cost of the System 

$58,034  $32,029 

Cost of Power Now 

$0.12 / kWh  Cost of Power with Solar 

Expected to rise 4-6% / yr  $0.07 / kWh 

$0.50 / kWh  Fixed  

Cost of power in 30 years

assuming 5.0% increase 
 How much will this system cost? 
Cost & Incentives Breakdown 

Reduced Cost    $23,243  

State Incentives  $1,960  

Out of Pocket  $21,283  

Federal Tax Credit  $5,533    

Net System Cost  $15,749  

Financing Example* 
 Solar Loan 

Term  15 Years 
Down Payment  $0 
Interest Rate  4.24% 
Initial Payment / mo  $160 

Payment / mo after FTC  $116 

*Loan amounts may vary based on loan approval.  Rates based on 740 credit score. 
 Additional Benefits 

4.1%  6.83% 
Increased Home Value  Return on Investment 
According to a study by      Put your money to work for
         , homes with solar you and earn a tax free return
sell for 4.1% more than on investment with relatively
homes without.
no risk. 
 

Environmental Impact  Lead By Example 

Become a steward for clean
By going solar you'll be energy by going solar,
eliminating the big three changing your life so that
fossil fuels; Coal, Natural Gas, others around you might do
and Nuclear waste.  the same.  
Key Assumptions:

The information provided in this proposal, such as savings calculations, is based on the following assumptions:

Utility Assumptions:
Utility Company — Portland General Electric Co 
Current Utility Rate — 7 Residential 
Current Estimated Annual Utility Bill — $955 
Annual Utility Price Increase Rate — 5.0% 

System Design:
(17) REC REC400AA Pure Black
(17) Enphase Energy Inc. IQ8PLUS-72-2-US
System Size — 6.80kW
Annual System Degradation due to soiling and general wear — 0.5%
Total System Cost — $23,243 
Estimated First Year Production - 6,489kWh

Financial Assumptions:
Energy Trust Incentive — $1,960 

Out of Pocket — $21,283 

Federal Tax Incentive — $5,533 
Other Incentive — $0
Cash flows Discount Rate — 0.0%
 

This solar power system is customized for your home, so its

pricing, system production, and savings are specific to the

information that
you have provided us.  We based the
system size, design, configuration, utility rates, applicable rebates, tax
 benefits realized, and your household's energy usage off of this information.
All energy pricing models are based on historical
data, assumed cost
escalation, and assumed degradation rates. Annual electric generation will vary
year to year and the
modeling is based on averaged data provided by third
parties.   

Financing terms may vary. Tax credits and incentives, if

any, are not guaranteed. This proposal is not an approval for a loan, and
all
financing terms are subject to approval.

 
Sign Contract  Site Visit  Permits  Installation  Utility Approval  Power Up! 

Today!
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Review and sign Finalize design City permitting Installation and Utility Connection money and the
proposal  and prepare and approvals  Inspections
Net Metering   environment 
drawings   

The time is now 

"I'd put my money on the sun and solar energy.  What a source of Power! I hope we don't
have to wait until oil and coal run out before we tackle that."   - Thomas Edison
 

Accept and Sign.  

​By signing this you agree to the Payment Terms and below  Contract. The Company is
authorized to begin work and will do so upon receiving your Down Payment.