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Although it is an emerging market, the industry is quickly improving and contractors are modifying their businesses to encompass new technologies. Through the course of this project I will gain significant equity in my home and will be eliminating my current energy bills (Natural Gas = 1,500$/year and Electricity = 1,000$/year). As an added bonus I will dramatically reduce my carbon footprint.
The solar panels used for this home are the equivalent in CO2 reduction to planting 200 trees a year or a reduction of 12,000 lbs of CO2 annually. At 2,500$/year savings, the payback on the solar panels will be just under 13 years. The estimated lifespan of solar panels can be up to 40 years. This is backed up with a 25 year warranty from most manufacturers.
New air source heat pumps have been installed for both forced air and hot water. Natural gas has been disconnected. New exterior has been installed with an R16 rating and triple-glazed windows. Air tightness has been improved from 2.4 ACH50 (air changes per hour at 50 pascals) to 0.99 ACH50 at final evaluation. Large double detached garage has been built and outfitted with 10.2 kW solar pv array. Bidirectional Enmax electrical meter was installed. Solar panels came in September of 2015 and generated 1.0mWh in their first month. Bring on winter!!!!