The more solar panels put on your roof, the more money will be deposited on your energy credit card bank account.

The amount of credit depends on the size of the solar power PV system installed at your site.

Here are several examples**

** Based on California electric rates
Residential Buildings

A single family home with a very typical yet small 2 KW system, the annual deposits on the energy credit card could be over $400.

To determine the amount of credit for a single story home, assuming a regular sloped roof and good sun exposure for a majority of the day, you can use the square footage of the house itself.
 
For example given a 2500 square foot home, a good estimate would be 625 square feet of space for solar panels. The size of the solar PV system would be approximately 6.25 KW. The annual deposits on your energy credit card would be around $1200.

An apartment building in Pleasant Hill, California has 100 apartments for low-incomes seniors. A single 175KW solar PV system installed would bring over $35000 per year onto the energy credit card or $350 per apartment per year. These moneys would help each tenant with energy efficiency upgrades, bus tickets, etc.

Commercial Buildings
Schools may have 25,000 square feet of roof space***. Given all the equipment and fire department access requirements, a good guesstimate is 12,500 square feet for a 125 KW solar PV system. The annual credits on that school's energy credit card would be $25,000.

Warehouses with 17,000 square feet for floor space . The annual deposit on the energy credit card for that owner and tenants would total $17,000.

A very large shopping mall with a 1,000,000 square feet of roof space for a 5 MW solar PV system, the annual deposits on their energy credit card would be approximately $1,000,000.

How much credit is deposited to your Energy Credit Card?

This page last modified on Tuesday, March 30, 2010

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