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(954)474-9350 All Efficient Products, Inc. Solar Contractor Serving South Florida Communities of Palm Beach, Broward and Miami Dade |
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Solar Water Heating Return on Investment |
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“...the era of cheap oil and natural gas is coming to a crashing end, with global oil production projected to peak in 2010 and North American natural gas extraction rates already in decline. These events will have enormous implications for America’s petroleum-dependent food system” - Richard Heinberg |
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Energy Efficient
Green Contractor |
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_____________________________________________________________________________________________ Now take the Savings per year and divide by the net install cost and multiply by 100 to change to a percentage. Total Savings per year (savings per month x 12) $ 459.72 $ 735.00
This is your Simple Return on Investment 20.5 % 24.3 %
Wow! A higher interest rate than from the Stock Market, CD’s, Money Market, Savings Account or any whole life Insurance Policy on the Market |
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Licensed and Insured South Florida Solar Contractor Since 1984 - CWC-046209
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Serving all the following South Florida Residents and Businesses
Broward County areas including — North Broward Coconut Creek, Coral Springs, Deerfield Beach, Hillsboro Beach, Lighthouse Point, Margate, North Lauderdale, Parkland, Pompano Beach, Sea Ranch Lakes, Tamarac
Central Broward Fort Lauderdale, Lauderdale-by-the-sea, Lauderdale Lakes, Lauderhill, Oakland Park, Plantation, Sunrise, Wilton Manors
South Broward Cooper City, Dania Beach, Davie, Hallandale, Hollywood, Miramar, Pembroke Park, Pembroke Pines, West Park
Palm Beach County areas including South Palm Beach Boca Raton, Delray Beach, Highland Beach, Loxahatchee Groves
Central Palm Beach Boynton Beach, Briny Breeze, Cloud Lake, Glen Ridge, Golf, Green Acres, Gulf Stream, Hypoluxo, Lake Worth, Lantana, Manalapan, Ocean Ridge, Palm Springs, South Palm Beach, Wellington
Miami Dade County areas including North Miami Dade Aventura, Bal Harbour, Biscayne Park, Golden Beach, Hialeah, Hialeah Gardens, Indian Creek, Miami Gardens, Miami Lakes, Miami Springs, North Miami, Opa Locka, Sunny Isles, Surfside
Central Miami Dade Coral Gables, Miami, Miami Beach, Sweet Water, West Miami
South Miami Cutler Bay, Kendall, Key Biscayne, Palmetto Bay, Perrine, Pinecrest, South Miami
Exporting to all, but not limited to the following locations
Bahamas, Cayman Islands, Dominican Republic, Haiti, Jamaica, Puerto Rico, Trinidad, Virgin Islands |
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Why is a Solar Water Heating System Worth Investing In?
Let’s calculate the Return on Investment There are a couple ways to calculate return on investment. We’ll explain a simple way.
1. First let’s figure out the amount a Solar Water heater can generate per month.
Solar Water Heating System Savings per Month |
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Collector BTU rating X Days/month X Cost/kwh Total
Divide by kwh/BTU |
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AEP 80-40 80 gal tank, (1)4x10 collector, family 2-4
34,400 30.4 $.125 130,720 _______________ 3,412
38.21 |
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AEP 120-64 120 gal tank, (2)4x8 collector, family 5+
55,000 30.4 $.125 209,000 ___________ 3,412
61.25 |
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Monthly Savings on Solar System |
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Total Cost of the Solar System-financed Less Manufacturers rebate Less first year system savings Less Federal Credit (30% of total cost of the System) Net Install Cost |
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$ 5,289.00 $ 1,000.00 $ 459.72
$ 1,586.70 $ 2,242.58 |
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$ 6,791.00 $ 1,000.00 $ 735.00
$ 2,037.30 $ 3,018.70 |
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_________________________________________________________________________________ 2. Then you will need these figures to get the Net Install Cost (Example only-call for pricing) |