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What it costs

Tipping Point Renewable Energy offers two options for businesses interested in investing in alternative energy. The chart below describes the two main plans for this investment.

The first option is a standard purchase of the system. This provides you with the most long term value and allows you to take advantage of the federal tax credits and accelerated depreciation.

The Repower program allows you to avoid any major capital outlays and allows you to simply purchase solar energy at a fixed rate. This allows you to control and predict operating costs and get the benefits of solar without the investment or risk. The system is purchased, owned and maintained by a third party and you purchase just the power from the system.

Tipping Point Renewable Energy will talk with you about what option will give you and your business the greatest savings based on your financial needs.

RePower as a hedge against increasing utility costs



Yearly electric bill average an 8 percent increase while solar energy stays relatively flat.

Example Commercial System

Cost for Solar System
Equipment Costs + Labor
 $    63,003
Permitting
 $    1,000
   
   
System Cost Before Rebates and Incentives
 $    64,003
   
Less Federal Tax Rebate (30%)
 $    19,201
Less Ohio Advanced Energy Fund
 $    32,002
   
Total System Cost AFTER Rebates and Incentives
 $    12,801
   
Key Numbers at a Glance
   
Estimated Annual Utility Savings
 $      5,800
Estimated 20 Year Savings
 $    180,708
Estimated 20 Year ROI
32%
Estimated Annual CO2 Reduction
58 tons