Sample Savings With A
Skyline Solar Hot Water Heating System
Solar hot water, with its 3-6 year ROI is a much better first solar investment than photovoltaics (PV/electricity) with its 10-20 year ROI.
Example 1: You are a Do-It-Yourselfer with a family of 4 who installs a four 10-01 panel system (40 ft2) costing $2,500.
Immediate saving off your electric bill (at 10¢ per kWh) is about $320/year. That's a 12.8% ROI (return on investment).
But, the 30% Federal Tax Credit ($750) will bring the actual cost of the system to $1750. Your ROI is 18.29%.
It's really even better. If you are in the 28% income tax bracket you would need to earn pre-Income Tax $444 to pay that electric bill.
Your real ROI is 24.5%!
Plus you have added value to your home's equity.
So, where are you investing your money?
Yes, there are a lot of variables, but these four are totally realistic examples.
Example 2: Suppose you paid $500 for a helper and some supplies. The cost would be $3,000 ($900 Income Tax Credit) that would bring the above ROIs (respectively) to 10.66%; 15.24% and 19.33%.
Example 3: Suppose you paid $1,000 for a licensed installer. The cost would be $3,500 ($1,050 Income Tax Credit) that would bring the above ROIs (respectively) to 9.14%; 13% and 16%.
Example 4: Doing-it-yourself, suppose your electricity cost 15¢ per kWh (as it does in parts of Florida). Your savings would be $480/year ($686 pre income tax). The respective ROIs become: 19.2%, 27.4% and 39.2%
That only scratches the surface of your real savings and return on investment.
Ask, and I'll send you an Excel spreadsheet that will take into account the added value to your home equity and energy cost inflation. It will compare it with investing that money in a bank with compounding interest. For example: in 10 years your bank investment (say $2,500) would be worth about $3,500, while your solar hot water investment would be worth about $9,500. In 20 years those figures would be $5,000 and $19,000.
What is your money doing for you today?
How do you value this big step in "Going GREEN?"
You could have a Skyline Solar Hot Water system working for you in just a few weeks.
Call today: 1-800-326-2751.
Think SOLAR means photovoltaic (PV) cells that produce electricity?
One Skyline 20-01 Collector produces around 20,000 Btu in one sunny day!
It would take a 1 kW Solar Electric PV system costing over $10,000.00 to produce that!
Did you know?
The state of Florida State Energy Offices estimate that the average all electric Florida home uses 30% of its total electric energy just to HEAT WATER!
Water heaters often cost more than heating or air conditioning!
Your hot water heater is likely to use more energy in a year than your automobile!
Florida Solar Hot Water