The Goldsmith’s had considered solar energy for a few years before deciding to take a closer look. After hearing about the Massachusetts SREC program, and how they could actually generate revenue from an environmentally friendly investment, they decided it was time to really analyze the option. They had SolarFlair come out to investigate what a solar electric system would do for their household energy consumption, and what the costs and incentives would be.
System Design: (24) Suntech STP-185S-24/Adb+,
(1) Solectria Renewables PVI4000 grid-tied inverter
The Goldsmith family residence qualified for the Commonwealth Solar II rebate’s Moderate Home Value Adder, and they received a $7,450 upfront rebate. Government income tax credits of about $7,550 will be awarded to the family upon filing their tax return. Thus, first year incentives alone for this system install will amount to $15,000.
Being a very energy efficient family, the Goldsmith’s make sure to perform all appropriate measures for decreasing their electricity consumption. This focus has allowed them to produce 100% of their electricity usage through this 4.44 kW system install. The system designed will displace about 4,730 lbs of CO2 emission annually.