SOLAR FINANCING

Rate

7.5%

6.75%

Loan Amount

$23,750

$23,750

Term

10 years

15 years

Initial Payment

$260.70

$210.17

CPS Energy Rebate

$11,875

$11,875

Balance (after CPS rebate)

$11,728

$11,798

Payment (after CPS rebate 12 mo.)

$129.54

$104.41

Federal Tax Credit

$3,562.50

$3,562.50

Balance (remaining life of loan)

$7,339.22

$7,805.53

Payment (remaining life of loan)

$87.21

$71.94

Monthly Energy Savings

$56.00

$56.00

NET MONTHLY COST

$31.21

$15.94

This is for a 3KW solar array.

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