Environmental Solar Design, Inc.
Solar Cost/Benefit Analysis
Prepared by Bob Ellis
mm
Prepared for:
Vadehra I c/c Brian Fold
6464 Sunset Blvd.
Los Angeles, CA 90028
Job Site: All 6 properties
Average monthly gas bill, 2001 - 2002		 Cost considerations
50 Units
60 Bedrooms
$450.00 Average Monthly Gas Bill
$24,000 System Cost
mm
mm
n
nFederal Solar Tax Credit
n10% of job cost:		 n
1st Year
$2.400		 n
2nd Year
m		 n
3rd Year
m		 n
4th Year
m		 n
5th Year
m
nRebates Specifically: m m m m m
nProjected Fuel Saving
n50% of Monthly Billing
$2.700
$2.835
$2.077
$3.126
$3,282
nFederal Depreciation
nStraight Line - 5 Years
nTax Bracket - 30%		 $1.400 $1.400 $1.400 $1.400 $1.400
nState Depreciation
nStraight Line - 5 Years
nTax Bracket - 10%		 $450 $450 $450 $450 $450
nTotal Projected Annual Saving $7.020 $4.755 $4.897 $5.046 $5.202
n
m
nCost to Amortize
n
nProjected Return on Investment
 

n

 n
$16.980
n
$7.020
29%
n		 n
$12.225
n
$11.775 
49%
n		 n
$7.328
n
$16.672
69%
n		 n
$2.283
n
$21.717
90%
n		 n
<$2.919>
n
$26.916
112%
n
n
The above projections are based on generally accepted information from the IRS, Franchise Tax Board and calculations premised on manufacturer's or government supplied performance and efficiency tests.  These are intended as a guideline only.  Your projected savings will depend on your tax bracket and other considerations.  Have your CPA or accountant look over these figures and contact our office at 818-762-6624.
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