This comes in handy when you are in a fix about the amount of solar energy you need to produce and the size of solar panels required for the same. All you have to do is feed in basic information such as your zip code, the kind of solar/wind system you are interested in, whether you are a residential, business or nonprofit user and the income tax brackets applicable to you. Even your specific electric utility, amount of typical electricity bill, average electric price and type of utility metering needs to be entered into the estimator.
Now all the information about the total panel area required, the system peak power and the annual power production expected will be right at your fingertips. The system even calculates the estimated price of the system and other costs, the solar tax credit and incentives available and the net price to you after deducting the incentives. It clearly indicates the rate of return on investment and the time of cashflow payback that you can expect.
And that’s not all either. You will also get an idea about the potential appreciation in property value and even the approximate amount of carbon footprint that you will eliminate by going solar!
Keep in mind that the figures are ballpark and you can always contact Plug It In Solar directly to get more accurate figures based on your specific situation.
