Solar Math
by Osman Parvez
From New West, here’s a followup to our post on the rising popularity of solar electric systems.
The post breaks down the business case for solar in a commercial building, including a hypothetical 10KW system installation. According to the article, an $80,000 commercial installation will cost $24,500 after Xcel Rebates and Tax Credits. Depreciation may kick in an additional $4,000 of value per year in the first 5 years. With about $1,000/year saved on the electric bill, payback occurs in about 5 years.
This doesn’t include the potential marketability advantage of having an active solar powered building.
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Ready to buy or sell? Schedule an appointment or call 303.746.6896.
You can also like our Facebook page or follow us on Twitter.
As always, your referrals are deeply appreciated.
—
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
Solar Math
by Osman Parvez
From New West, here’s a followup to our post on the rising popularity of solar electric systems.
The post breaks down the business case for solar in a commercial building, including a hypothetical 10KW system installation. According to the article, an $80,000 commercial installation will cost $24,500 after Xcel Rebates and Tax Credits. Depreciation may kick in an additional $4,000 of value per year in the first 5 years. With about $1,000/year saved on the electric bill, payback occurs in about 5 years.
This doesn’t include the potential marketability advantage of having an active solar powered building.
—-
Want to get blog updates via email? Click HERE.
Ready to buy or sell? Schedule an appointment or call 303.746.6896.
You can also like our Facebook page or follow us on Twitter.
As always, your referrals are deeply appreciated.
—
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
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More about the author
Osman Parvez
Owner & Broker at House Einstein as well as primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has appeared in the Wall Street Journal and Daily Camera.
Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. Learn more about Osman.
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Thinking about buying or selling and want professional advice?
Call us at 303.746.6896
Your referrals are deeply appreciated.
