FEASIBILITY STUDIES: ECONOMIC & ENVIRONMENTAL BENEFITS
CUSTOMIZED FEASIBILITY STUDIES FOR YOUR SPECIFIC PROJECT.
PV glass optimizes insulation, reducing HVAC energy usage. Its transparent version harnesses natural light, minimizing reliance on artificial illumination. These passive properties alone significantly cut energy consumption, while its active capability for clean power generation makes it ideal for net-zero construction and achieving high financial return. Onyx Solar offers customized feasibility studies for each customer, demonstrating how photovoltaic glass can contribute to their buildings. The feasibility studies include comprehensive information about the product’s economic and environmental impact on the project.
· AVERAGE PAYBACK TIME: LESS THAN 4 YEARS
· AVERAGE RETURN ON INVESTMENT: > 20% PER YEAR
· ENERGY PAYBACK: 2 YEARS
Onyx Solar's ROI and payback time calculation involves comparing the cost of PV glass with alternatives such as conventional glass. This calculation also takes into account the overall system costs, including electrical installation. Furthermore, the long-term value of the energy generated by the PV glass, along with potential tax credits and incentives, is thoroughly assessed to provide a comprehensive financial overview for the project. In addition, we provide a comprehensive set of calculations to contextualize the value of the kWh produced, including the number of light points that can be illuminated by the generated energy.
Considering the average Internal Rate of Return (IRR) that Onyx Solar’s PV glass offers to building owners, our technology indeed presents a remarkable investment opportunity in the long run. The consistent and favorable returns from photovoltaic glass installations position it as an attractive and lucrative choice for investors seeking sustainable solutions that also provide financial gains.
Standardized Feasibility Studies in 200 Locations.
These studies include various available construction solutions, accounting for losses due to inclination and orientation. This provides a comprehensive overview of how our photovoltaic solutions can be integrated into projects specific to your city.
The investment tax credit incentivizes building-integrated photovoltaic installations by covering 30 to 50% of the cost. Solar windows, shingles, or façades, which provide a dual function, are eligible for this ITC. It covers not only the cost of the PV glass, but also the supporting metal structures, all balance of system and labor. This tax credit can be sold in the market to anticipate the cash and is independent of your tax filing.
WHAT DOES GREEN BUILDING MATERIALS CONTRIBUTE TO?
- Increase building’s value by 5 to 7%.
- Raise occupancy rates by 3.5%.
- Increase rents by 3%.
- Enhance lease tenancy.
Source: World Green Building Council
