Evaluation Template 3.26.xlsx - Texas Solar Power Company

Lifetime Energy Cost: No Solar System vs. Proposed Solar System
Most people who consider purchasing a solar array only have one alternative: Continuing to purchase power from
their local utility. The below graph shows how much money you would save if you choose to invest in a solar system.
While solar systems have a large up‐front cost, they typically result in lower total power costs over their lifetime;
Meaning, in this case, purchasing a solar system makes financial sense.
Break­Even Payback
Years 8.2
$90,000
$80,000
$70,000
$60,000
Lifetime Savings from Solar
$24,360
4
$50,000
$40,000
$30,000
$20,000
Up‐front Solar System
Expense 2
Break‐Even Payback 3
$10,000
$0
2010 2012 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 2034
Without Solar System
With Solar System
Notes
2
The "With Solar System" Scenario starts out above zero because there is an up‐front cost to install a solar system.
3
The break‐even is the point at which you would have spent the same amount of money whether you had bought a solar system or if you had not. After this point, your
solar system will have paid for itself and would continue to offset your energy consumption for free.
4
"Lifetime Savings from Solar" equals the total amount of money you would save over the lifetime of the solar system vs. not having a solar system
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Unauthorized reproduction of any information in this report is strictly prohibited. All analysis is based on historical data. SunMath, LLC cannot be held liable for analysis inaccuracies.
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