Economics of Solar Living
THREE WAYS A MAPLE POINT SOLAR TOWN HOME CAN SAVE YOU MONEY…
1. Lower Monthly Costs
|
|
Traditional Home |
Maple Point Solar Town Home |
|
Home Price |
$259,900.00 |
$259,900.00 |
|
Mortgage (80% @ 5.875%, 30 years) |
$1,290.93 |
$1,290.93 |
|
Taxes/Insurance |
$155.40 |
$60.40 |
|
Heat/AC/Electric |
$250.00 |
$50.00 |
|
Water |
$30.00 |
$20.00 |
|
Total Monthly Bills: |
$1,726.40 |
$1,421.33 |
Maple Point Savings: $305/month, $3,660/year
2. Tax Benefits: Because Maple Point Solar Town Homes have been built to Energy Star standards using solar technology, every owner is eligible for a $4,500 Federal Tax Credit… That’s money back in your pocket!
3. Better Financing: Early buyers at Maple POint will be eligible for a $5,000 Green Mortgage Credit. This can be used to offset the overall cost of your home, either upfront, or over time.
HOW DOES A MAPLE POINT SOLAR TOWN HOME SAVE YOU RESOURCES AND MONEY?
- When your home is built with a more efficient envelope (its skin), less energy is wasted and it requires less energy to heat and cool the home comforatbly… this will save you thousands of dollars annually.
- Appliances and lighting account foralmost 25% of a home’s energy use. Because Energy Star appliances save 30-60% in water use and up to 50% in energy costs, you save money in the day-to-day use of your home. For example, an Energy Star clothes washer saves an average of $50 per year and an Energy Star refrigerator typically uses 40% less energy than a conventional 2001 model.
- Rain barrels capture rainwater for reuse and native landscaping require less water, so as water becomes more costly and scarce, your home will be saving money on water too!
