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Last Updated: Saturday, August 23, 2008 |




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PAYBACK INFORMATION |
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Energy Efficiency |
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Environmental Sensitivity |
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Low Maintenance |
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Cost Effective Design / Construction |
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Logistics |
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Construction Time: |
6.5 |
months |
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Move In: |
Sep-96 |
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Size (A/C): |
2713 |
SF of A/C space |
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Size (gross): |
3312 |
SF under roof |
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Electricity Savings (all electric home) |
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Average Electric Bill: |
$67.88 |
9 year average |
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Highest Electric Bill: |
$103.52 |
Aug 03 @ $.09/kWh rate |
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Electric Cost/Yr: |
$802.12 |
avg total annual cost (1996-2004) |
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Average Home Elec. Cost/Yr: |
$2,116.72 |
similar size house (source: TU electric) |
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Annual Savings: |
$1,314.60 |
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Monthly Savings: |
$109.55 |
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Payback |
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Cost for Energy Efficiency Items: |
$ 13,000 |
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Added to a 15 year mortgage: |
$98.93 |
/mo @ 5.5% int + tax deduct on mortgage |
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Added to a 30 year mortgage: |
$73.94 |
/mo @ 6.0% int + tax deduct on mortgage |
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With a 15 year mortgage, you SAVE: |
$10.62 |
/month - but get full Payback faster. |
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With a 30 year mortgage, you SAVE: |
$35.61 |
/month |
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After the mortgage is paid, you realize the full savings every month. |
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Note that mortgage interest is tax deductible. |
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Energy bills are not deductible. In fact, energy use is taxed. |
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Any increase in energy cost makes the payback even better. |
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Environmental Benefit of Energy Efficiency |
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Our electricity savings/year: |
16,000 |
kWh |
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Annual reduction in CO2 emissions: |
22,700 |
lbs/yr |
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Annual reduction in SO2 emissions: |
100 |
lbs/yr |
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Annual reduction in NOx emissions: |
100 |
lbs/yr |
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Miscellaneous Information |
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One compact fluorescent bulb saves: |
$11.00 |
over its 5 year life |
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Our water use is only 3,000 gal/mo - the average Plano residence uses over 13,000 gal/mo. |
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