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Liberty Valley Doors is now manufacturing all of its doors on solar energy. Based on energy consumption calculations, the 117 kw solar generating facility will produce more energy each year than it uses resulting in over 100% energy offset. This keeps thousands of tons of harmful carbon dioxide gas out of our atmosphere. The system consists of an 89kw roof mount and 28kw ground mount. The panels used are some of the most efficent Sun Power panels available on the market today.
Financial Reasons for Going Solar
Project Cost.................................................1,000,000
PG&E Rebates.............................................(240,000)
30% Fed Inv. Tax Credit.............................(235,000) (Some costs not applicable)
Depreciation Basis.......................................535,000................................................................535,000
39% Fed Depreciation..............................................................................................................(214,500)
8% State Dep.............................................................................................................................(44,000)
Cost of project after rebates and tax credits.............................................................................$276,500
Average electrical bill.................................................................................................................$3,000 per month or $36,000 per year
6% annual increase year 7 total.................................................................................................$54,130
or YTD........................................................................................................................................$320,225
Net..............................................................................................................................................+$43,725
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