Tuesday, June 26, 2012
Maryland's 10 year lease net cash effect on a solar photovoltaic system - economic no brainer in Maryland in 2012
The above scenario looks at a 99kW system on a 10 year lease available to non-residential customers in Maryland and assumes electricity rates (including distribution and generation charges) added together to be about $0.13/kWh (the average in Maryland is $0.134/kWh, and has steadily been rising at 5.5% annually for the last 25 years like the national trend.
For those who are uncertain about dabbling in the SREC market over the next 10 years, will be forced to invest their own cash, or loans or enter into fixed rate Power Purchase Agreements like the summary below. Energy rates start at 15% to 40% lower than your current rate and escalates at a 2% to 3% annually over the next 20 to 25 years (half the current inflation rate on energy). Click on the images to enlarge and compare the pros and cons of each.
Call Raj Dwivedi at 410-992-2646 or email email@example.com to learn more or get a specific free site analysis done for your site to see if solar photovoltaic power plants are a good fit.