Where do we go from here?
For me the next obvious step, was to design a Zero-Energy home, which was affordable. Not an easy task! However, I now know that I can build a 1200 sq/ft 3/bed room home, that supplies all of the energy needed for a cost of $200,000.
To achieve this is no small feat, but rather a complex integration of , methods, materials and design. Many people ask the cost per sq/ft to build such home? The answer is not a simple one, and is not really based on a sq/ft cost.
The cost to build an energy efficient home, which is the first step to achieving zero energy, is around $125 sq/ft.
However the systems needed to provide the electricity to your home is not totally dependant upon the size of the home itself. This system is more reliant on the number of occupants, appliances, HVAC, and lighting which are used to meet the homes needs. After the home is fully designed for the most efficient use of energy, the electrical demands of the entire home is calculated. It is only at this point in which the size of the PV system can be determined.
The home mentioned above would require a 6kW system to provide the needed electricity for the home, at a cost of around $36,000 without incentives or tax credits. The new federal tax credit for this system would be, $10,800. Bringing the cost down to a more reasonable estimate of $25,200. State tax credits also applied in many areas as well as grant funding from local utilities.
There are other factors which need to be considered as well. Such as,
Does your local power company offer net metering and at what rate?
Do they have grants available to install these systems on your roof?
Some of these grants along with tax credits can reduce the cost for these systems by as much as 50%. This is the only real way in which this can be achieved affordably.
Without these tax incentives and grants the payback for these systems is about 25 years, which is the life expectancy of the system. However this is based on energy costs remaining constant. Which we all know is more than likely to rise as time goes by. Even without the incentives this makes good economical sense for those who can afford it. For more information about the benefits of zero-energy homes click here. Benefits of Green building