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SAVE WITH STARLIGHT SOLAR CONSTRUCTION

INSTALL A SOLAR HOT WATER HEATING SYSTEM

Your initial investment of $1,500.00 generates $800.00 in savings per year for 25 years for a total gain of $20,000.00.


Here's how:

  • Install a solar hot water heating system for $6,500.00 (average cost)
  • Receive an 85% reimbursement for $4,500.00 from three sources:
    • $1,500.00 cash rebate from TEP
    • $1,000.00 direct state tax credit
    • $2,000.00 or more direct federal tax credit
    • Your energy savings are the equivalent of receiving a check for $800.00 each year for 25 years
    • The return on your initial investment of $1,500.00 is $20,000.00 over 25 years

Summary:

  • Your initial investment of $1,500.00 will give $20,000.00 over the 25 years life of the system.
  • Your system pays for itself in three years and then provides many years of virtually free hot water.

Assumptions:

  • 85% of the system is paid for in rebates and tax credits.
  • You spend $41.00 monthly heating water in your home.
  • You are in the 35% federal tax bracket.
  • The $500.00 saved per year is equal to $800.00 in post tax dollars for someone in the 35% tax bracket.

This prospectus is an estimation based on past experience and current incentive rates. Since your house uses electricity on a common mater for all power needs, including hot water, please know that actual savings may vary from projections. It is important that you seek tax and legal advice from your advisors to determine your actual savings and tax benefits.

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