ENERGY SAVINGS REPORT FOR

Seshu Nukala
1789 Lark Ln Sunnyvale, CA 94087 USA
(858) 776-0671
seshu.nukala@gmail.com

This proposal is not a bid for work, but an estimated loan calculator for the work order that will be provided by the Installation Contractor
 YOUR SOLAR DESIGN

ESTIMATED YEARLY
CONSUMPTION PRODUCTION
6345 kWh 7966 kWh
Show Details

MODULES SYSTEM SIZE

15 x All Black 360W (360W) 5.4 kW
Energy Consumption 522 543 481 452 497 598 401 540 696 606 534 475

Solar Production 386 445 682 808 913 905 939 750 768 590 440 339
 SOLAR OFFSET

125%

YOUR CURRENT YOUR

UTILITY BILL SOLAR PAYMENT
$149

$75 *
New Utility Bill: $ 10
0 5 10 15 20 25 30

Current Cost per kWh $0.282/kWh Levelized Cost per kWh $0.081/kWh
3 0 -Y E A R S AV I N G S

$61,444
 HOW WILL YOU USE
Dividend KeyBank 20yr 0.99 †
YOUR INCENTIVE?
Federal Tax Credit $5,653.69
MONTHS 2-16 $75
Rapid Depreciation $2,174.50
MONTHS 17-240 $75
†Tax credits are an estimated amount. As the purchaser and owner of a solar photovoltaic system, you may qualify for certain federal, state, local or other rebates, tax
*No down payment required. The fixed Annual Percentage Rate for a 20 year loan is 0.99%. The amount of your first 15 payments will be 75.00. If you make a 26%
credits or incentives (collectively, “Incentives”). If you have any questions as to whether and when you qualify for any Incentives and the amount of such Incentives,
prepayment in month 16, your remaining 224 payments will remain approximately 75.00. If a voluntary payment in excess of 26% of the loan amount is made by
please consult and discuss with your personal tax or financial advisor. Sunlight and Sungrade Solar make no representation, warranty or guaranty as to the availability or
including the state tax credit or any other voluntary payment in month 16, the subsequent monthly payments will be reduced below 75.00 as shown above. If no
amount of such Incentives.
prepayment is made, the remaining 224 payments will be 102.65. The loan and payment amounts included here are estimates. Final payment amounts will be included in
† † Residential and nonresidential customer applications for solar rebates have reached the 2020 program capacity limit. All additional residential and nonresidential
your loan agreement.
applicants will be placed on the rebate waiting list.

Loan Amount $21,744.97

Federal Tax Credit ($5,653.69)

Net System Cost

$16,091
 THE SAVINGS

$149 $362
Current Average Average Bill in
Bill 30 years

$1,791 $4,348
Current Annual Annual Utility Bill in
Utility Bill 30 years

$85,219
30 year cost of doing nothing

$85,219 $23,776

STAY WITH ELECTRIC SWITCH TO SOLAR

 THE FACTS
More solar will be installed in the
United States in the next two years than the
last 40+ years combined

39,686 305 $21,600

Gallons of Trees Planted Estimated Value
Co2 Offset* Offsetting Co2* Added to Your Home*

( source ) ( source ) ( source )

* These estimates are based on national studies but are not guaranteed. Click the above links for more information
THE PROCESS
STEP 1
Savings Report
STEP 2

Approval Process
STEP 3

Documents
STEP 4
Site Survey
STEP 5
CAD/Permit
STEP 6

Installation
STEP 7
System Activation
 PROPOSAL DETAILS

Utility
Annual Utility Bill $1,791
Current Consumption 6,345 kWh
Estimated Cost Per KWh $0.282/kWh
Annual Utility Price Escalator 3%
Current Rate Plan Residential
Utility Company Pacific Gas & Electric Co

System
System Size 5.4 kW
Year 1 Solar Production 7,967 kWh
Annual Degradation 0.5%
30 Year System Production 222,458 kWh
Estimated Cost Per KWh $0.081/kWh

Cost
Total Loan Amount $21,744.97
APR 0.99%
Loan Term 20yr
Post Solar Annual Utility Bill $121

Sungrade Solar does not provide tax or legal advice. You should consult your tax advisor for more information. The interest rate provided in this proposal is subject to credit approval by the
financing provider for your loan. The data provided in this proposal is a preliminary estimate and does not represent a binding agreement or obligation. No party provides and guarantees,
warranties, or representations regarding the production, utility rate increases, or any other data in this sales proposal. This proposal is a preliminary estimate and not an approval for
financing.