02/27/2026
๐๐ข๐ช ๐๐ฆ ๐ข๐จ๐ฅ ๐ฆ๐ข๐๐๐ฅ ๐ฃ๐๐ก๐๐ ๐ฆ๐ฌ๐ฆ๐ง๐๐ ๐๐ข๐๐ก๐?
๐ ๐ข๐ป๐ฒ ๐ฌ๐ฒ๐ฎ๐ฟ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: ๐๐ฎ๐ป๐๐ฎ๐ฟ๐-๐๐ฒ๐ฐ๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ฎ๐ฌ๐ฎ๐ฑ
By Grace Fix
Solar System became operational and a 5-year lease began in October 2023.
What were our goals during this five year โleaseโ period? First is to break even - to have the savings on our TEP bills (due to our solar production) cover our solar production lease payments for the five years. Second is to save in reserves each year over five years to buyout our system.
Is that happening? Yes, we are doing better than breaking even. The savings on our TEP bills due
to our solar production are more than covering our solar lease payments. Our total cost is still less than what our TEP bills would have been, if we had no solar. We have also put money in reserves each year and are on track to buyout in October 2028.
๐ข๐๐ง๐ข๐๐๐ฅ ๐ฎ๐ฌ๐ฎ๐ด: ๐๐จ๐ฌ๐ข๐จ๐ง ๐ง๐๐ ๐ฆ๐ฌ๐ฆ๐ง๐๐
How much will we save on electrical costs, once
we buyout the solar panel system?
If we had owned the system, our TEP bills for the calendar year 2025 would have been $10,900, rather than $51,200, a savings of $40,300 every year.
We can expect these savings to begin in October 2028, and they will be ours to use for other things.
