Wednesday, 28 June 2017

Solar Is An Excellent Investment

If you're a resident of British Columbia, you've probably noticed that your BC Hydro bills have increased in recent years. Since 2010, residential rates for electricity have increased a whopping 50% for an average annual increase of 7.14%.


With your own solar array, you can take back the power and control future rate increases.

Here's a typical example of a solar array that Sweet Spot Solar can do for you:

* 28 solar modules rated at 305 Watts each will build an 8.54 kW DC array that should produce on average 10,191 kWh/year under ideal conditions on an annualized, multi-year basis assuming a roof pitch of at least 23 degrees [in the interior of BC].

* Sweet Spot Solar's average price for the equipment is around the $20,000 mark (all-in with delivery), and one of our recommended installers can often commission such an array for $6000.

Assuming an installation cost of $6000.00, your array from us will cost $3.03/Watt. This is more than 30% below the British Columbia average.


* Your array is an excellent investment that will generate a return on investment of 5.6%/year. The payback time for the array is 12 years, and over 25 years it will save a total of $91,992.00 on energy bills for a profit of $66,092.00 (savings-installed cost).

To arrange your own quote, contact us at info@sweetspotsolar.com


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