Pricing

Solar System 5760 Watt Capacity
(24 SUNPOWER 240 watt module,

approx. 350 sq. feet)

Total Retail Price $29,500
LIPA rebate at $1.75 per watt $10,080
Initial Investment after rebate $19,420
NY State Tax Credit
(25% of net cost max. $5,000)		 $4,855**
Federal Tax Credit
(30% of net)		 $5,826
Total Investment $8,739
Est. Electrical Production / yr $1,548***
Est. Increased Value of Property $30,960
Simple “TAX FREE”
Return On Investment		 17.7%

This return is enhanced if interest on funds borrowed is tax deductible, and results in owning the system for an after tax cost less than $50.00 per month. By reducing the utility costs for your home, the value of your property will increase when you sell your home.

**NY State Tax Credit can be carried over multiple years if needed.

***Estimated savings based on LIPA Clean Power Estimator.

The systems that SUNation install are custom-configured to each homeowner’s needs.   This maximizes both the energy produced and the monthly energy savings.  It also minimizes the total system costs, monthly payment, and space requirements.

Return on Investment

For those homeowners who have the available up front investment capital, a SUNation solar system will provide a risk free return on investment that can approach 15% TAX FREE. As the cost of energy escalates over the years your return on investment grows. The equity value of your home increases to double your initial investment. With proven state of the art technology your risk is minimal. What is the risk of the Sun coming out tomorrow?

Cash-Flow Financing

The best way to finance a PV (Photovoltaic) system for your home is through a long term mortgage loan. This includes a primary mortgage, second mortgage or home equity loan. Primary mortgages are great when you are carrying no mortgage or have paid off your mortgage.

For the rest of us, home equity financing is the ideal choice. Home equity financing allows you to look at your investment on a cash-flow basis -- do the savings each month cover the monthly costs? The right system will help you cut your electric bill to almost nothing, and with the advantage of tax-deductible mortgage interest, the savings cover the monthly costs for a positive cash flow from the day the system is installed.

Specifications

Designing the right system starts with the output requirements, and then involves a little art and a little science to strike the right balance between optimum generating capability and aesthetics. SUNation designs your system to fit your budget, your space requirements, and your annual electrical consumption using the most efficient solar panels available.  This means that your SUNation system generates the most amount of electricity in the least amount of space. The average system requires between 400 and 600 square feet of clean roof area or about 100 sq feet per 1000 watts. Of course, the size of your SUNation system will depend on your specific needs, roof configuration, and recommended equipment.