cost of Mark Seiden's solar powered installed and the ROI of over $48,000

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PV Panel install for a business

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Mark Seiden has always felt strongly about environmental causes and the need to go “green.” So, about two years ago, at his office located at 1238 Pleasantville Road, Briarcliff Manor, he made a small change in his operations by installing CFL bulbs. This year, he made an even bigger decision - to go solar with the help of Sunrise Solar Solutions, LLC.   Sunrise installed solar photovoltaic panels on Seiden’s roof which will result in thousands of dollars in savings over the next 20 plus years. Seiden claims that “installing a renewable energy system on his roof was a slam dunk! I needed to show my clients that solar is a sensible investment!”

Sunrise Solar Solutions, LLC is NAPCEP Certified (North American Board of Certified Energy Practitioners).  Eric and Hillary Messer of Briarcliff Manor own Sunrise Building & Remodeling, Inc. and Sunrise Solar Solutions, LLC.  And, Sunrise Building & Remodeling, Inc. did all the renovation work at Seiden’s office so this was a perfect fit for all companies.  Sunrise Solar Solutions, LLC installed a 5.18 kW solar system using a more intelligent inverter system to maximize the energy collected by the panels. While some inverters measure overall consumption, Seiden will know how much EACH panel is generating in electricity, regularly and in real time.

Energy Savings!!

According to Sunrise, most systems start making you money by Year 5 on commercial installations. Over the life of the system, Seiden will be saving about$48,000 - $57,000!*

While these are only approximations for Seiden, if you were to finance your solar system at 6.25 percent for nine years and put down 10 percent of the net or $9,800, you would get your down payment back after Year 1 and be cash positive from then on. You would save an average of $3,900 per year during the loan period and over $11,000 per year when your loan is paid off.

According to Seiden, “I really am pleased about the value added to my building. Plus, it’s terrific that the system is exempt from any tax assessment increase.”

And, by coincidence or fate, the Village of Briarcliff Manor approved the building permit for Seiden’s office on Earth Day!  And already, Sunrise was able to connect Seiden’s solar installation to the grid and have his meter go backwards. What a site that is to see! It’s a meter running backwards! It’s Red, White, Blue and Green all over.

* Source: Sunrise Solar Solutions, LLC 

Leitman is also an Author and Editor of the following Green Living books with McGraw-Hill Professional.