We only have 20 days left to get that Consumers Energy Earp application turned in so that you can get excepted to participate in the feed-in tariff for solar power for residential only. So far I have one person planning on getting into the program.
You will be paid .259¢ a kWh of electricity that is produced.
Lets do the math:
I'm going to use a 12 panel system mounted on the roof.
Cost installed $14,900.00
30% Federal tax credit $4470.00
System cost is $10,430.00
System average production over a year around 300 kWh a month. $78 a month from the feed-in tariff. $936.00 a year.
Now divide the total kWh dollar amount a year by the system cost after the Federal tax credit.
Your system will be paid off in 11 to 12 years.
Solar panels last 40 plus years. The panels and inverters that I use all have 25 year warranties.
So what are you waiting for? Lets get you signed up and make it happen.