Professional Documents
Culture Documents
Quote Number :
HSBC200002/1
Name :
Satya lumbi
Phone Number :
XXXXXXXXXX
Name
akshar patel
Address
akshar.patel@gmail.com
Phone Number
(938) 209-7439
YOU CAN SAVE 18% OF YOUR ELECTRIC BILL*
Current annual electric bill $12,000. Over the next 20 years, your electric bills will add upto $396,805
New annual bill with solar $10,393 in year one
That means you could save 18% on your energy bills over the next 12 months!
And you could save as much as $725 over the next 20 years!
YOUR ROOFTOP SYSTEM VIEW
11 KW(DC)
Consisting of
For cash or loan-financed purchases, you may qualify for Federal & State Tax credit of $11,090
YOU SAVE THE PLANET TOO!
You help make our planet a better place to live (equivalent of 321 trees planted and 12 MT CO2 emissions)
Page 2
Option B
Option C
Umpqua Bank
Umpqua Bank
$36,969
$36,969
$0
$0
$0
$36,969
$11,090
$11,090
$11,090
Rebate
$0
$0
$0
Tenure
30 years
30 years
N/A
$1,000
$1,000
$1,000
$866
$866
$866
$175
$175
N/A
Bank
Financed Amount
Downpayment
Federal & State Tax Credit
$-4,306
$-4,306
$725
$229,350
$229,350
N/A
N/A
N/A
19 years
Consumption (kWh)
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
Jan-2014
Mar-2014
May-2014
Jul-2014
Sep-2014
Nov-2014
Time
Current Consumption
Solar Generation
10
5
0
-5
-10
-15
-20
-25
-30
-35
2014
2016
2018
2020
2022
2024
2026
2028
Time
Umpqua Bank
Umpqua Bank
100% Cash
2030
2032
Page 3
Finance
Payments
Tax Credit
2015
$10,393
$2,100
$11,090
2016
$10,985
$2,100
2017
$11,611
2018
Rebate
Feed In Tariff
Old Elec.Bill
Addn Tax
Savings
Net Saving
$12,000
$7,645
$10,597
$10,597
$12,600
$7,645
$-485
$10,112
$2,100
$13,230
$7,645
$-481
$9,631
$12,273
$2,100
$13,892
$7,645
$-481
$9,150
2019
$12,973
$2,100
$14,587
$7,645
$-486
$8,664
2020
$13,712
$2,100
$15,316
$7,645
$-496
$8,168
2021
$14,494
$2,100
$16,082
$7,645
$-512
$7,656
2022
$15,320
$2,100
$16,886
$7,645
$-534
$7,122
2023
$16,193
$2,100
$17,730
$7,645
$-563
$6,559
2024
$17,116
$2,100
$18,617
$7,645
$-599
$5,960
2025
$18,092
$2,100
$19,548
$7,645
$-644
$5,316
2026
$19,123
$2,100
$20,525
$7,645
$-698
$4,618
2027
$20,213
$2,100
$21,551
$7,645
$-762
$3,856
2028
$21,365
$2,100
$22,629
$7,645
$-836
$3,020
2029
$22,583
$2,100
$23,760
$7,645
$-923
$2,097
2030
$23,870
$2,100
$24,948
$7,645
$-1,022
$1,075
2031
$25,231
$2,100
$26,195
$7,645
$-1,136
$-61
2032
$26,669
$2,100
$27,505
$7,645
$-1,264
$-1,325
2033
$28,189
$2,100
$28,880
$7,645
$-1,409
$-2,734
2034
$29,796
$2,100
$30,324
$7,645
$-1,572
$-4,306
New Elec.Bill
Finance
Payments
Tax Credit
2015
$10,393
$2,100
$11,090
2016
$10,985
$2,100
2017
$11,611
2018
2014
Feed In Tariff
Old Elec.Bill
Addn Tax
Savings
Net Saving
$12,000
$7,645
$10,597
$10,597
$12,600
$7,645
$-485
$10,112
$2,100
$13,230
$7,645
$-481
$9,631
$12,273
$2,100
$13,892
$7,645
$-481
$9,150
2019
$12,973
$2,100
$14,587
$7,645
$-486
$8,664
2020
$13,712
$2,100
$15,316
$7,645
$-496
$8,168
2021
$14,494
$2,100
$16,082
$7,645
$-512
$7,656
2022
$15,320
$2,100
$16,886
$7,645
$-534
$7,122
2023
$16,193
$2,100
$17,730
$7,645
$-563
$6,559
2024
$17,116
$2,100
$18,617
$7,645
$-599
$5,960
2025
$18,092
$2,100
$19,548
$7,645
$-644
$5,316
2026
$19,123
$2,100
$20,525
$7,645
$-698
$4,618
2027
$20,213
$2,100
$21,551
$7,645
$-762
$3,856
2028
$21,365
$2,100
$22,629
$7,645
$-836
$3,020
2029
$22,583
$2,100
$23,760
$7,645
$-923
$2,097
2030
$23,870
$2,100
$24,948
$7,645
$-1,022
$1,075
2031
$25,231
$2,100
$26,195
$7,645
$-1,136
$-61
2032
$26,669
$2,100
$27,505
$7,645
$-1,264
$-1,325
2033
$28,189
$2,100
$28,880
$7,645
$-1,409
$-2,734
2034
$29,796
$2,100
$30,324
$7,645
$-1,572
$-4,306
2014
Page 4
Finance
Payments
Tax Credit
Rebate
Feed In Tariff
Old Elec.Bill
2014
Addn Tax
Savings
Net Saving
$-36,969
$-36,969
$12,000
$12,697
$-24,272
$10,985
$12,600
$1,615
$-22,657
2017
$11,611
$13,230
$1,619
$-21,038
2018
$12,273
$13,892
$1,619
$-19,419
2019
$12,973
$14,587
$1,614
$-17,805
2020
$13,712
$15,316
$1,604
$-16,201
2021
$14,494
$16,082
$1,588
$-14,613
2022
$15,320
$16,886
$1,566
$-13,047
2023
$16,193
$17,730
$1,537
$-11,510
2024
$17,116
$18,617
$1,501
$-10,009
2025
$18,092
$19,548
$1,456
$-8,553
2026
$19,123
$20,525
$1,402
$-7,151
2027
$20,213
$21,551
$1,338
$-5,813
2028
$21,365
$22,629
$1,264
$-4,549
2029
$22,583
$23,760
$1,177
$-3,372
2030
$23,870
$24,948
$1,078
$-2,294
2031
$25,231
$26,195
$964
$-1,330
2032
$26,669
$27,505
$836
$-494
2033
$28,189
$28,880
$691
$197
2034
$29,796
$30,324
$528
$725
2015
$10,393
2016
$11,090
*Solar system proposal is based on estimates only, and need to be confirmed after a visit to the property. Utility Rates are assumed to escalate over time. All figures subject to
final design and permit approvals. Financing-based proposals require application and approval by the bank.
I am interested !