System Size (KW) |
10 |
10 |
Annual Energy Production KHW |
12,500 |
12,500 |
Annual Carbon Footprint Reduction (lbs/year) |
14,500 |
14,500 |
System Cost - Cash Benefits |
$120,000 |
$120,000 |
Incentive (For Profit) |
$27,500 |
$25,000 |
Federal Tax Cash Grant |
$36,000 |
$36,000 |
National Grid Energy Mgmt Bonus Grant-1 |
|
|
Initial Cash Outlay (Year 1) - NON Cash Benefits |
$46,500 |
$44,000 |
6-Year Depreciation MACRS Benefit |
$34,680 |
$34,680 |
6-Year Energy Savings |
$14,551 |
$14,551 |
4-Year NYC Tax Abatement (35%/4 years) |
|
$17,150 |
Total Savings & Tax Benefits (before taxes) |
$49,231 |
$66,381 |
Average Annual Saving & Benefits
(over the first 6 years) |
$8,205 |
$11,063 |
Pay Back (before taxes) |
|
|
1 - Tax rate |
34% |
|
2 - Depreciation basis |
$102,000 |
$102,000 |
3 - Equipment useful life expectancy |
25 years |
25 years |
|
