Collector Area (m2): 80.71

Pay−back Time (yrs):6

Initial Cost of Investment: 1,254,399.92

Year

Fuel Savings

Extra Mortgage Payment

Extra Insurance, Maintenance, Energy

Extra Property Tax

Income Tax

Solar Savings

Present Worth of Solar Saving

0

−125,440

−125,439.99

1

53,064.45

−170,457.15

−125,439.99

0

0

−242,833

−224,845.08

2

499,970.12

−170,457.15

−146,137.59

0

0

183,375.4

157,214.84

3

599,964.15

−170,457.15

−170,250.29

0

0

259,256.7

205,806.33

4

719,956.98

−170,457.15

−198,341.59

0

0

351,158.2

258,111.79

5

863,948.37

−170,457.15

−231,067.95

0

0

462,423.3

314,717.51

6

1,036,738.05

−170,457.15

−269,194.17

0

0

597,086.7

376,265.93

7

1,244,085.66

−170,457.15

−313,611.2

0

0

760,017.3

443,462.8

8

1,492,902.79

−170,457.15

−365,357.05

0

0

957,088.6

517,085.18

9

1,791,483.35

−170,457.15

−425,640.97

0

0

1,195,385

597,990.23