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Unformatted text preview: is $ 9,075 per system. For non-profit organizations the rate is $ 4.50 per watt and is capped at $ 13,500 or 80% of the invoice cost. The average out of pocket expense for non-profit organizations is 7,420. For commercial applications the AEC is willing to pay $ 100,000 or 80% of the systems cost, whichever is less. Another benefit of an AEC solar system is the use of net metering. Net metering is a service provided by the electric company that actually sends you a check if you produce more power than you use. This can be a momentous feat to accomplish, as the annual usage of power in an Austin home, is 12,000 KW hrs. Per year and the average system puts out just 1,500 KW hrs. Some people might find this concept insignificant, but for many, helping the environment in conjunction with saving money through rebates is essential....
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This note was uploaded on 04/16/2008 for the course TECH 3361 taught by Professor Mulva during the Spring '08 term at Texas State.
- Spring '08