Cheap Solar Power Gov Rebates

posted Friday, 6 April 2007

The solar Panels above make free Hotwater
Lets Assume the homeowner adds the option of a $4,300.00 solar hot water system to a new home.
A conventional hot water tank would cost between $300.00 or $600.00 per installation for new construction.
This means that a minimum of $4,000.00 is the upgrade option for solar water heating systems with an 80-gallon solar tank with an electric element for cloudy days.
The federal tax rebate or credit off taxes owed is 30% of the $4,300.00 solar option or $1,290.00. Assume a 3% down payment of $120.00 and interest rate of 6% over a thirty-year period.
The spreadsheet below in the 35% income tax bracket for the itemized deduction, the utility savings are based on current natural gas prices for 4 people, or electricity or LP gas for 3 people with a 2% increase per year. Below is the first five-year spreadsheet of a thirty year mortgage.

First Year Cash Flow

$1,290	Federal Tax Rebate
+ 385	Utility Savings
+ 80	Tax Deduction on loan
- 120	Down payment on Loan
- 279	Yearly Loan Payment
$1,354	Net Profit
+ 450	GRU Rebate - NOTE: The $450.00 rebate is available to builders
$1,704	Net Profit

UTILITY SAVINGS	TAX REBATE	ITEMIZED DEDUCTION	DOWN PAYMENT	LOAN PAYMENT	NET PROFIT
$385.00	$1,290.00	$81.02	$120.00	$279.12	$1356.90
$393.00	$0.00	$80.00	$00.00	$279.12	$193.88
$400.00	$0.00	$78.91	$00.00	$279.12	$199.79
$408.00	$0.00	$77.75	$00.00	$279.12	$206.63
$416.00	$0.00	$76.53	$00.00	$279.12	$213.41
$2002.00	$1290.00	$394.21	$120.00	$1395.60	$2,170.61

BEING ENVIRONMENTALLY RESPONSIBLE JUST BECAME VERY PROFITABLE

GRU CUSTOMERS GET $350 TO $450 IN GRANTS PER SOLAR SYSTEM

Keep in mind that the first year cash flow of $1,356.00 to someone in the 35% tax bracket is worth $2,078.00 in earned income.
This may be a bit confusing but for someone that does not have this $1,356.00 savings would have to earn $ 2,078.00 and pay Uncle Sam $722.00 in taxes to have $1,356.00 in disposable income.
The home equity value to a solar hot water system as of 2005 typically increases the resale value of the home by $4,000.00. All ECS Solar Energy Systems components are 100% warranted for a period of five years.

Solar Hot Water Bible: Do-It-Yourselfers & Contractors - Learn from the solar water heaters industry leader

Sick of your Cold Pool? Swim year round affordably Pro Solar pool heater installations

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~ wrigugher ~

This may be a bit off subject... Is anyone demanding back mis-sold PPI from their financial institution? If so how far have you gone? Did you get a response from the bank? I got rejected

~ Tania ~

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~ DkauVlal ~

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~ templerel ~

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~ itastindums ~

What's up everyone, I'm new to the forum and just wanted to say hey. Hopefully I posted this in the right section!

~ Darius ~

I'm glad to see this video,but those criminals are still in the office. I can't believe it.

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Cheap Solar Power Gov Rebates

BEING ENVIRONMENTALLY RESPONSIBLE JUST BECAME VERY PROFITABLE GRU CUSTOMERS GET $350 TO $450 IN GRANTS PER SOLAR SYSTEM

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BEING ENVIRONMENTALLY RESPONSIBLE JUST BECAME VERY PROFITABLE

GRU CUSTOMERS GET $350 TO $450 IN GRANTS PER SOLAR SYSTEM