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For every Customer, we do a specific Cash-Flow Calculation with our proprietary program to ensure that you know exactly what savings you can expect after installing a Prudent Power System.
Our most recent specific Cash-Flow Calculation for a 10 kW residential system showed $42,139 of net savings over an expected minimum lifetime of 30 years based on the assumption of only a 3%* inflation rate for electricity rates and a 10-year home equity loan at 6% with a loan rate reduction of 4%**.
Changing the assumptions will increase or decrease the Cash Flow generated by the system and, naturally, your electrical consumption profile has the biggest impact on all Cash-Flow Calculations.
The following table shows a breakdown of system value, costs and incentives for a 5 kW system ( the most popular system size selected by customers).
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The system value is $ 48,750.
Incentives from New York State are $20,000 and the NY State Tax Credit is $3,750.
The Net Cost of $25,938 can be financed through a loan and the loan interest rate is reduced by 4% through the New York Energy $martSM program.
www.nyserda.org/loanfund
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* Official government data*** show a price increase of electricity of 3% over the last 30 years. Due to shrinking fossil fuel resources and stricter environmental laws, we think the future electricity price inflation rate will most likely outpace the historical electricity inflation rate. Therefore we believe that $42,139 is the minimum profit in the above mentioned 10 kW example.
** Home Equity Loan data are based on real offers from banks who are Participating Lenders under the NYSERDA Energy $martSM program..
***http://www.econstats.com/BLS/blsn_m3.htm
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