Solar Energy Budget
Solar Energy Budget
This Solar Energy Budget outlines all project costs, financing options, and expected savings. Use it to evaluate financial feasibility and plan for installation, operation, and maintenance of your solar energy system.
Project Name |
[Project Name] |
Location |
[Project Address] |
Project Type |
|
Budget Duration |
[Years] |
Initial Costs
Equipment Costs
Item |
Unit Cost |
Quantity |
Total Cost |
---|---|---|---|
Solar Panels |
$[00] |
$[00] |
$[00] |
Inverter |
$[00] |
$[00] |
$[00] |
Mounting Hardware |
$[00] |
$[00] |
$[00] |
Electrical Components |
$[00] |
$[00] |
$[00] |
Total Equipment Cost |
- |
- |
$[00] |
Installation Costs
Item |
Unit Cost |
Quantity |
Total Cost |
---|---|---|---|
Labor |
$[00] |
$[00] |
$[00] |
Permits and Fees |
$[00] |
$[00] |
$[00] |
Total Installation Cost |
- |
- |
$[00] |
Total Initial Costs
Description |
Total Cost |
---|---|
Total Equipment Cost |
$[00] |
Total Installation Cost |
$[00] |
Total Initial Costs |
$[00] |
Operational Costs
Annual Maintenance Costs
Item |
Unit Cost |
Quantity |
Total Cost |
---|---|---|---|
Maintenance Service |
$[00] |
$[00] |
$[00] |
Insurance |
$[00] |
$[00] |
$[00] |
Monitoring System |
$[00] |
$[00] |
$[00] |
Total Annual Operational Cost |
- |
- |
$[00] |
Financing Options
Available Financing Options
Description |
Amount |
Interest Rate |
Duration |
---|---|---|---|
Solar Loan |
$[00] |
[00]% |
[00] years |
Lease |
$[00] |
[00]% |
[00] years |
Incentives and Rebates
Tax Credits and Rebates
Description |
Total Cost |
---|---|
Federal Tax Credit (26%) |
$[00] |
State Rebate |
$[00] |
Total Incentives |
$[00] |
Expected Savings
Annual Energy Savings
Description |
Total Cost |
---|---|
Monthly Utility Savings |
$[00] |
Annual Utility Savings |
$[00] |
Return on Investment (ROI)
ROI Calculation
Description |
Total Cost |
---|---|
Total Initial Costs |
$[00] |
Total Incentives |
$[00] |
Net Investment |
$[00] |
Annual Savings |
$[00] |
Payback Period (Years) |
[00] years |