Load Profiles

A

B

C

D

Annual electricity charge without solar

$2435.16

$2421.54

$2159.35

$2417.39

Annual electricity charge with solar

$1358.39

$1634.15

$1084.86

$1487.98

Annual avoided electricity charge (years 6 - 25)

$1076.77

$787.39

$1074.48

$929.41

Glide path credit for first 5 years (for installations in 2023)

158.09

211.65

154.90

190.00

Cost of solar installation after tax credit

$8868.14

Solar Installation in 20233

Payback Period (years)4

7.67

9.93

7.70

8.66

Net present value at discount rate of 4.49%

$7809.03

$3748.86

$7761.15

$5761.95

Net present value at discount rate of 6.49%

$4935.43

$1625.02

$4894.32

$3269.04

Internal rate of return

12.25%

8.54%

12.20%

10.44%

Solar Installation in 2025

Payback Period (years)

7.89

10.42

7.91

8.99

Net present value at discount rate of 4.49%

$7531.34

$3377.11

$7489.07

$5428.21

Net present value at discount rate of 6.49%

$4672.57

$1273.11

$4636.76

$2953.12

Internal rate of return

11.86%

8.06%

11.82%

10.00%

Solar Installation in 2028

Payback Period (years)

8.24

11.26

8.25

9.54

Net present value at discount rate of 4.49%

$7114.81

$2819.47

$7080.95

$4927.60

Net present value at discount rate of 6.49%

$4278.27

$745.24

$4250.42

$2479.24

Internal rate of return

11.31%

7.38%

11.28%

9.36%