Cost/payback analysis for the Forth year (2013) of operation of our 3.45kw solar array.
See Costs for an explanation of the chart.

Performance Based
Incentive
SSVEC Loan Cash
Investment
Original Amount $15,840 $7,115.40 $5,300
Currently Outstanding $10,862.23 $1,778.85 $2,661.87
Estimated Payoff Date Jan 2021 Mar 2015 Dec 2015
Income / Savings Loan Payment / Cash Back
Current Year PBI Elec Bill Total SSVEC Loan Cash Back
Jan $92.38 $70.69 $163.07 $118.59 $44.48
Feb $97.80 $70.18 $167.98 $118.59 $49.39
Mar $109.58 $62.05 $171.63 $118.59 $53.04
Apr $137.63 $56.56 $194.19 $118.59 $75.60
May $145.49 $57.99 $203.48 $118.59 $84.89
Jun $149.04 $60.51 $209.55 $118.59 $90.96
Jul $122.48 $75.57 $198.05 $118.59 $79.46
Aug $99.86 $76.14 $176.00 $118.59 $57.41
Sep $104.16 $119.71* $223.87 $118.59 $105.28
Oct $112.20 $61.38 $173.58 $118.59 $54.99
Nov $112.39 $53.00 $165.39 $118.59 $46.80
Dec $83.22 $56.28 $139.50 $118.59 $20.91
Totals $1,366.23$820.06$2,186.29$1,423.08$763.21
Surplus energy produced in 2013 = 1635 kWh
Previous years
2012 $1,437.84 $894.76 $2,332.60 $1,423.08 $625.83
2011 $1,436.35 $772.88 $5,980.67* $1,423.08 $0
2010 $737.35 $414.29 $6,367.64* $1,067.31 $1,249.09

* Includes state and Federal Tax Rebates.
* Includes $45.94 annual 'true-up'.