Incentives & Rebates

Solar Energy Systems
Ecological Advantages rebates.


Look at a years worth of YOUR electric bills. Sum up the kilowatt hours and dollar costs. For your PEAK power use month look at the size (round up) system in the list below. Then do the same for the dollar amounts.

500 Watt photovoltaic system
This system will have a net cost of $25 per month, produce 853 kWh of electricity per year, and eliminate 1,889 lbs of CO2, 8 lbs of SO2, and 4 lbs of NOX emissions in the first year.

Assumptions: $5,500 cost, system financed with 8%, 30-year loan with tax-deductible interest for a residential customer with a taxable income of $80K (Form 1040, Line 38) filing as married joint. $1,200 per year electric bill, Florida Power & Light Co., Residential Service (Rate RS-1) rate schedule.

1 KWatt photovoltaic system
This system will have a net cost of $22 per month, produce 1,705 kWh of electricity per year, and eliminate 3,777 lbs of CO2, 15 lbs of SO2, and 8 lbs of NOX emissions in the first year

Assumptions: $9,900 cost is reduced to a $5,900 net cost after all economic incentives, system financed with 8%, 30-year loan  with tax-deductible interest for a residential customer with a taxable income of $80K (Form 1040, Line 38) filing as married joint. $1,200 per year electric bill, Florida Power & Light Co., Residential Service (Rate RS-1) rate schedule.

2 K Watt photovoltaic system
This system will have a net cost of $34 per month,
Produce:
3,410 kWh of electricity per year, and eliminate 7,554 lbs of CO2, 30 lbs of SO2, and 16 lbs of NOX emissions in the first year

Assumptions: $17,900 cost is reduced to a $9,900 net cost after all economic incentives, system financed with 8%, 30-year loan with tax-deductible interest for a residential customer with a taxable income of $80K (Form 1040, Line 38) filing as married joint. $1,200 per year electric bill, Florida Power & Light Co., Residential Service (Rate RS-1) rate schedule.


3 K Watt photovoltaic system
This system will have a net cost of $50 per month,
Produce:
5,116 kWh of electricity per year, and eliminate 11,331 lbs of CO2, 45 lbs of SO2, and 25 lbs of NOX emissions in the first year.

Assumptions: $26,200 cost is reduced to a $14,200 net cost after all economic incentives, system financed with 8%, 30-year loan with tax-deductible interest for a residential customer with a taxable income of $80K (Form 1040, Line 38) filing as married joint. $1,200 per year electric bill, Florida Power & Light Co., Residential Service (Rate RS-1) rate schedule.

4 K Watt photovoltaic system
This system will have a net cost of $68 per month,
Produce:
6,821 kWh of electricity per year, and eliminate 15,108 lbs of CO2, 60 lbs of SO2, and 33 lbs of NOX emissions in the first year.

Assumptions: $34,300 cost is reduced to a $18,300 net cost after all economic incentives, system financed with 8%, 30-year loan with tax-deductible interest for a residential customer with a taxable income of $80K (Form 1040, Line 38) filing as married joint. $1,200 per year electric bill, Florida Power & Light Co., Residential Service (Rate RS-1) rate schedule.


5 K Watt photovoltaic system
This system will have a net cost of $106 per month,
Produce:
8,526 kWh of electricity per year, and eliminate 18,885 lbs of CO2, 75 lbs of SO2, and 41 lbs of NOX emissions in the first year.

Assumptions: $42,000 cost is reduced to a $26,000 net cost after all economic incentives, system financed with 8%, 30-year loan with tax-deductible interest for a residential customer with a taxable income of $80K (Form 1040, Line 38) filing as married joint. $1,200 per year electric bill, Florida Power & Light Co., Residential Service (Rate RS-1) rate schedule.

Source information BP.solar