Globe Solar Energy Inc.

Be Environmental While $aving
 
 
 
Economic Analysis
 
    1. Project Cost
 
Item
Description
Q’ty
Cost
Remarks
1
GSE IP-195 SWH
1
$2,990
 
2
Installation Materials
$300
 
3
Installation Labors&  
$700
 
4
Ontario Rebate  
-$1,250
Effective March 30, 2009.
5
Federal Rebate  
-$1,250
Effective March 30, 2009.
6
Tax Credit Deduct
 
-$448.50
($3990 - $1000) x 15% = $448.50
7
Total  
$1,041.50
 
 
 
    2. Economic Analysis
 
Item Description Results Remarks
1
Project Cost
$1,041.50
 
2
Annual Savings
up to $330
One unit saves up to 600 m³ gas per year on optimized performance conditions, based on the gas price of $0.55/m³.
3
Investment pay-back cycle
3.5 years
4
Equipment life cycle analysis: Total static benefit throughout 20 year equipment design life cycle
$6,600
Gas price goes up every year. Your total benefit would be more than $6,600 in 20 year equipment life cycle.
5
Environment contribution
Yearly 0.7 tons of green-house gases reduced each unit.
14 tons of GHG reduced in 20 year equipment life cycle.