What would my costs and payback be for a $100,000 electricity conservation project?
If a large electricity consumer with a qualified site pays $4,500 a month in public purpose charges, 56.7 percent of that amount or $2,551 would be eligible each month for self-direction to offset the cost of a conservation project. The portion they can self-direct for the above market cost of renewable resources is 17.1 percent or $770 a month. The annual self-direction amounts (amounts not paid to the distribution utility) would be $30,612 for conservation and another $9,240 for above market cost of renewable at that site. If they precertify, install and verify qualified expenditures for a $100,000 conservation project, they may notify their distribution utility and energy service supplier that they want to begin self-direction of public purpose charges. The deposits they would have made at that point would sum $5,200 ($1,200 site and $4,000 for the 4percent deposit for conservation pre-certification). That would make their first year investment $105,200. Their first year public purp