Solar Math

by Osman Parvez

From New West, here's a followup to our post on the rising popularity of solar electric systems.

The post breaks down the business case for solar in a commercial building, including a hypothetical 10KW system installation. According to the article, an $80,000 commercial installation will cost $24,500 after Xcel Rebates and Tax Credits. Depreciation may kick in an additional $4,000 of value per year in the first 5 years. With about $1,000/year saved on the electric bill, payback occurs in about 5 years.

This doesn't include the potential marketability advantage of having an active solar powered building.

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The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties.   We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate. 

Please Note

This document contains forward-looking statements. You are strongly cautioned that investment results are subject to business, economic and other uncertainties. There are no guarantees associated with any forecast and the opinions stated here are subject to change at any time. Always consult your financial advisor before making an investment decision.