3006 Oak Tree Ln, Huntington, WV 25704
Compared with staying on Appalachian Power and absorbing every rate increase for the next 25 years.
I am sending over a quick recap of our conversation and the specific terms we discussed for your solar project. At EMPWR SOLAR, our goal is to make this process as transparent and “easy” as possible, a sentiment echoed by many of your neighbors in our 4.9 star Google Reviews.
49 panels, 21.56 kW, producing about 23,407 kWh a year.
Your actual roof layout from the design team.
Orange is Appalachian Power, climbing 7.5% a year. Green is your solar payment, locked to 2.99% a year. The gap between them is money you keep.
Your solar payment starts $34.10 a month above your power bill. Appalachian Power passes it in year 4, and the gap widens every year after that.
Your first five years, with all 25 a click away. Appalachian Power escalated 7.5% a year, starting from $278 a month. Solar escalated 2.99% annually from $312.10 a month.
| Year | Appalachian Power | Solar | Saved / mo | Saved / yr | Running total |
|---|---|---|---|---|---|
| 1 | $278 | $312 | -$34 | -$409 | -$409 |
| 2 | $299 | $321 | -$23 | -$271 | -$680 |
| 3 | $321 | $331 | -$10 | -$117 | -$798 |
| 4 | $345 | $341 | $4 | $53 | -$745 |
| 5 | $371 | $351 | $20 | $242 | -$503 |
| 25 yr | $226,774 | $136,368 | $90,406 | $90,406 |
| Year | Appalachian Power | Solar | Saved / mo | Saved / yr | Running total |
|---|---|---|---|---|---|
| 6 | $399 | $362 | $37 | $450 | -$53 |
| 7 | $429 | $372 | $57 | $679 | $626 |
| 8 | $461 | $384 | $78 | $932 | $1,557 |
| 9 | $496 | $395 | $101 | $1,209 | $2,766 |
| 10 | $533 | $407 | $126 | $1,514 | $4,280 |
| 11 | $573 | $419 | $154 | $1,847 | $6,127 |
| 12 | $616 | $432 | $184 | $2,213 | $8,340 |
| 13 | $662 | $444 | $218 | $2,612 | $10,952 |
| 14 | $712 | $458 | $254 | $3,049 | $14,000 |
| 15 | $765 | $471 | $294 | $3,525 | $17,525 |
| 16 | $823 | $486 | $337 | $4,044 | $21,570 |
| 17 | $884 | $500 | $384 | $4,611 | $26,180 |
| 18 | $951 | $515 | $436 | $5,227 | $31,407 |
| 19 | $1,022 | $530 | $491 | $5,898 | $37,305 |
| 20 | $1,099 | $546 | $552 | $6,627 | $43,932 |
| 21 | $1,181 | $563 | $618 | $7,420 | $51,351 |
| 22 | $1,269 | $579 | $690 | $8,281 | $59,632 |
| 23 | $1,365 | $597 | $768 | $9,215 | $68,847 |
| 24 | $1,467 | $615 | $852 | $10,229 | $79,077 |
| 25 | $1,577 | $633 | $944 | $11,329 | $90,406 |