Power Your Profits
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Key Assumptions & Variables:
Cost of Installation:
The approximate cost of commercial solar in Nevada;
522 kW = $783,000 - $1,305,000 (before incentives).Incentives & Tax Benefits:
Federal ITC (Investment Tax Credit): 30% off system cost.Direct Pay Option for nonprofits & certain entities.
Accelerated Depreciation (MACRS):
~20-25% additional tax savings.Energy Savings & Revenue:
Based on Nevada’s commercial electricityAnnual energy savings:
785,000 kWh = $94,200 - $109,900 annually.Potential Revenue Streams:
Transferring energy credits -
ROI Calculation:
Initial Investment After ITC:
Low Estimate: $783,000 - 30% ITC = $548,100
High Estimate: $1,305,000 - 30% ITC = $913,500Simple Payback Period:
Low Estimate: $548,100 ÷ $109,900 = 5.0 years
High Estimate: $913,500 ÷ $94,200 = 9.7 yearsROI Over 25 Years (Typical Lifespan):
Total Savings: $94,200 - $109,900 × 25 years = $2.36M - $2.75MROI = (Total Savings - Initial Cost) ÷ Initial Cost × 100
Low Estimate ROI: (~330% over 25 years)
High Estimate ROI: (~200% over 25 years) -
Drive Revenue with Solar
Combine solar with storage to increase control and revenue. Batteries store solar energy daily and discharge during peak utility rates, lowering demand charges.
Store excess solar power instead of exporting at low rates.
Nevada’s energy landscape is evolving, increasing demand for grid stability and energy independence. Solar + storage projects can play a key role.
Metric Value
Total System Cost (Low) $783,000
Total System Cost (High) $1,305,000
ITC Savings (30%) $234,900
MACRS Depreciation Savings $195,750
Final Net Cost (Low) $352,350
Final Net Cost (High) $587,250
Annual Energy Savings (Low) $94,200
Annual Energy Savings (High) $109,900
Simple Payback Period (Low) 3.2 years
Simple Payback Period (High) 6.2 years
Total Savings Over 25 Years (Low) $2,355,000
Total Savings Over 25 Years (High) $2,747,500
ROI Over 25 Years (Low) 301.00%
ROI Over 25 Years (High) 679.80%
Annual Loan Payment (Low) $45,631
Annual Loan Payment (High) $76,052
Net Cash Flow After Loan (Low) $18,148
Net Cash Flow After Loan (High) $64,269
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4 Hotel Properties
Hilton Garden Inn, Homewood Suites, Holiday Inn Express, and Tru by Hilton:
457MWh Annual Energy Production
362.52 kW System Size
$44,362 Savings per year -
Preschool
49 MWh Annual Energy Production
35.38 kW System Size
$4,753 Savings per year -
Family-owned restaurant
588 MWh Annual Energy Production
114 kW System Size
$55,000 Savings per year -
Organ Procurement Organizations
65 MWh Annual Energy Production
51.6 kW System Size
$9,000 Savings per year -
Multifamily and Self-Storage Properties
246 MWh Annual Energy Production
168.5 kW System Size
$23,889 Savings per year -
Spiritual and Cultural Center
206 MWh Annual Energy Production
144.72 kW System Size
$22,040 Savings per year