The incentives add up

Solar Electric

Incentive Residential Commercial

Federal 30% 30%

DTE Install Credit $2.40/watt $2.40/watt

DTE ongoing payments $.11/kwh $.11/kwh

Also consider:• Accelerated equipment depreciation• Property taxes on equipment

Solar Electric

Incentive 5KW 10KW

30% Tax Credit $10,500 $21,000

DTE Install Credit $12,000 (34%) $24,000 (34%)

Out-of-pocket $12,500 $25,000

Installation Cost: $7/watt5kW: $35,00010kW: $70,000

Cash Flow 5KW 10KW

Ongoing DTE payments $630 / $12,527 (35%) $25,054

Energy Savings $575 $1,146

Payback (w/o financing) 10.4 10.4

Payback (w/financing) 2.9 2.9

ROI 35%

Solar Thermal

Incentive Residential Commercial

Federal 30% 30%

State of Michigan 25% (up to $2,500) N/A

Also consider:• Accelerated equipment depreciation• Property taxes on equipment

Solar Thermal

Incentive Residential Commercial

30% Tax Credit $1,950 $1,950

25% State Credit $1,625 N/A

Out-of-pocket $2,925 $4,550

2 Collector systemInstallation Cost: $6,500

Cash Flow

Energy Savings $258 $258

Payback 11.3 17.6

Installation cost and savings information obtained from Great Oak Cohousing

Contact Information:

Joshua Brugeman – Rebuild Ypsilantijosh@cec-mi.org888-818-0987 x 708