Our system consists of 20 Bosch Aleo Mono 240 panels, a Power-One PVI-4.2 Inverter, and eGauge home energy monitor. It is mounted on one side of the roof above our garage (pictured above). We were able to take advantage of State and Federal tax credits to offset 65% of the total cost of the system. In addition, we also received a $3980 rebate as members of Progress Energy's Sunsense Program.
In addition to the obvious feel-good aspects of generating our own energy, the system has provided several benefits so far:
- Reduced our monthly energy costs - our last power bill was only $16 compared to $95 last year.
- Reduced our HERS rating from 78 to 51.
- Improved the value of our home.
- Improved the return on money we had sitting in the bank from virtually nothing to 6-7%.
If you'd like to learn more about how SEM can help you save money on your utilities and become more energy independent, complete this form to schedule a free consultation. In addition to determining whether it makes sense for you to invest in solar, they'll provide you with an estimate to purchase and install a similar system. As a reader of this blog, you'll also receive $1000 off the current best promotion featured by SEM should you decide to proceed with purchasing a system.