Number of panels

Estimated panel cost after Federal credit

Annual solar energy produced (kWh)

Annual energy consumed (kWh)

Annual SCE energy purchased (kWh)

Annual SCE effective cost

Annual SCE cost without panels

Annual SCE costs avoided

Usage Offset Percentage

Present value of avoided SCE costs less cost of solar panels. Discount rate =

3%

6.0%

9.0%

14

$9,082.50

5,421.38

9,030.49

3,609

$685.84

$1,895.86

$1,210.02

60.03%

$11,987.76

$6,385.62

$2,803.02

15

$9,718.28

5,808.62

9,030.49

3,222

$610.42

$1,895.86

$1,285.44

64.32%

$12,665.28

$6,713.96

$2,908.06

16

$10,341.33

6,195.86

9,030.49

2,835

$533.48

$1,895.86

$1,362.38

68.61%

$13,381.99

$7,074.45

$3,040.75

17

$10,951.93

6,583.10

9,030.49

2,446

$454.10

$1,895.86

$1,441.76

72.90%

$14,153.65

$7,478.60

$3,209.87

18

$11,550.32

6,970.35

9,030.49

2,059

$374.34

$1,895.86

$1,521.52

77.19%

$14,944.13

$7,899.81

$3,394.93

19

$12,136.74

7,357.59

9,030.49

1,674

$294.84

$1,895.86

$1,601.02

81.47%

$15,742.06

$8,329.67

$3,589.41

20

$12,711.43

7,744.83

9,030.49

1,285

$219.30

$1,895.86

$1,676.56

85.76%

$16,482.76

$8,720.64

$3,756.72

21

$13,274.62

8,132.07

9,030.49

896

$147.75

$1,895.86

$1,748.11

90.05%

$17,165.47

$9,072.09

$3,896.33

22

$13,826.56

8,519.31

9,030.49

510

$78.78

$1,895.86

$1,817.08

94.34%

$17,814.53

$9,401.82

$4,021.86

23

$14,367.45

8,906.55

9,030.49

125

$10.61

$1,895.86

$1,885.25

98.63%

$18,460.69

$9,732.37

$4,150.57

24

$14,897.53

9,293.79

9,030.49

−261

−$13.01

$1,895.86

$1,908.87

102.92%

$18,341.91

$9,504.24

$3,852.50

25

$15,417.00

9,681.04

9,030.49

−652

−$31.89

$1,895.86

$1,927.75

107.20%

$18,151.19

$9,226.11

$3,518.48

26

$15,926.09

10,068.28

9,030.49

−1037

−$47.30

$1,895.86

$1,943.16

111.49%

$17,910.45

$8,914.02

$3,160.76

27

$16,424.99

10,455.52

9,030.49

−1,425

−$61.73

$1,895.86

$1,957.59

115.78%

$17,662.81

$8,599.58

$2,803.59