Sentences with phrase «year payback»

Though it's earmarked for retirement, the government allows you to take money from your RRSP penalty - free to buy your first house or fund your education, as long as you return the money into your account over the course of a fifteen year payback period.

Though it's earmarked for retirement, the government allows you to take money from your RRSP penalty - free to buy your first house or fund your education, as long as you return the money into your account over the course of a fifteen year payback period.

Banks will often agree to non-interest bearing terms and a 3 to 15 - year payback of principal.

For student loans with 10 year payback terms, the REPAYE plan may result in a higher total cost.

If you have never called about your loan, you are probably on the standard repayment plan, which is a 10 - year payback option.

Personally, I'm on the 20 - year payback plan, and while I'm comfortable with my payments now that two out of three loans are paid in full, the first seven to eight years post-college were extremely hard on my wallet.

However, a study by Aurora solar, a solar analysis software company whose methods have been verified by the National Renewable Energy Laboratories (NREL.gov) have produced a report saying that more customers with standard residential load profiles the change to Time of Use billing only marginally changes the returns from going solar and so most homeowners can still get a 5 - 7 year payback by buying solar panels for their home and then enjoy 20 years or more of free power after that.

The institute projects a four - year payback based on estimated annual savings on energy ($ 8,100) and maintenance costs ($ 3,000), and a significant annual increase in employee productivity and satisfaction that will benefit the company's bottom line ($ 334,100).

As recently as May of this year, Mr. Trump declared «I know a lot about solar,» and said that solar and wind are «very expensive» with an estimated 30 - year payback time, despite industry data that suggests five to eight years as a typical payback period (with three to 15 years at the outside).

After 20 years the payback amount i.e., Rs. 30 lakhs.

This, in turn, could provide plenty of upside to the preliminary economic assessment (PEA) recently released, which defined a project with a 1.5 - year payback period over a mine life of 6.5 years, and an upfront capital cost estimate of $ 20.1 million (utilizing existing mining, milling and tailings management infrastructure).

The sector should eclipse solar this year in terms of investments and growth, the company said Kevin Surace, CEO of Serious Materials, is mining this hot market by selling cost savings of green building retrofits and a one - to five - year payback of his insulated windows.

For example, a # 10,000 loan with a 5 % APR and a 1 year payback term will accrue 272.89 in interest, not # 500 as you may initially think.

With fewer systems to maintain, the Tesla Semi provides $ 200,000 + in fuel savings and a two - year payback period.»

Gill estimates the system has a five - to six - year payback.

Past NYSERDA programs demonstrate that a typical dairy farm can save 20 to 30 percent of its energy bill with cost - effective energy efficiency improvements at an average seven - year payback.

If enough valid signatures were collected for a referendum, one of the town attorney's recommendations was to rescind it and adopt another bond with a five - year payback that is not subject to a referendum.

Warren said he is seeing if volunteers are willing to circulate petitions again, particularly since the Town Board could change the 25 - year bond into a five - year payback, which would not allow for a referendum.

Rescind the resolution and adopt another with a five - year payback that would not allow a referendum, or

But that part is enormously expensive, and the five - year payback is usually low.

Some critics have suggested that either a 30 - year payback period or a debt service ratio of six to one would be acceptable.

Payments will be based on the credit limit over a 20 year payback.

Now, the $ 20K in the account allows you to borrow half, $ 10,000 at a favorable rate for a 10 year payback.

And because the terms of your loan will likely include roughly a three year payback period, you won't be stuck paying that interest back for what feels like the duration of your life.

Mortgages are typically designed to cover a 30 - year payback period; however, shorter periods may be offered, requested or required.

Typical advance and repayment terms are 5 - year advance, 10 - year payback; 10 - year advance and 15 year payback; 10 - year advance and 20 year payback.

Assuming Santee Cooper's $ 25 billion total cost number, 20 - year payback, 7 percent WACC and $ 30 per MWh operation and maintenance costs, the plant's levelized cost of electricity in the first 20 years would be $ 163 per MWh.

As noted above, after the 5 - 7 year payback period under the ownership model, consumers receive pure electricity savings over the next approximately eighteen years.

Remember that after the typical 5 - 7 year payback period consumers receive pure electricity savings over what will be a 25 year useful life of their solar panels - the investment return is greater than the other alternatives.

Apparently solar is practical in Mauritius based on a 5 year payback and a feed in tariff of just 70 cents per kwh.

With fewer systems to maintain, the Tesla Semi provides $ 200,000 + in fuel savings and a two - year payback period.

He noted that the numbers provided in the article (a # 20,000 initial outlay for # 500 / year energy savings) didn't make financial sense: «That's a forty - year payback period!»

«We should have less than a 10 - year payback, and that includes the 30 percent federal tax credit,» said Gile.

«Solar, as you know, hasn't caught on because, I mean, a solar panel takes 32 years — it's a 32 - year payback.

Who wants a 32 - year payback?

For example, the rooftop units replacement alone would have resulted in a payback period much longer than 20 years, so other efficiency measures with quicker payback periods were included to get under the 20 - year payback period required to keep costs neutral to tenants.

Here in Tucson, solar water heating saves so much electric power for a small investment (built it my - self from a kit) with a 2 year payback.

On the other hand, the 1 kW Windspire costs only about $ 4,000 though it has about a 20 - year payback.

Additionally, the federal research and development support for solar under the Department of Energy's SunShot Initiative also has a dubious future from a man who thinks that solar panels have a 10 - year lifespan and a 28 - year payback period (switch these figures and it is closer to reality).

If 60 % of the average residential system's 9 year payback is unaffected by the changed remuneration, that means 5.4 years of the payback is unchanged, he estimated.

For example, a $ 15,000 loan with a 3 - year payback period would cost anywhere from $ 477 - $ 520 a month to repay.

A survey of a Clintonville Pamida store yielded a suggestion that upgraded lighting could save nearly $ 6,600 a year, but at a $ 14,500 cost — that means a more than two - year payback period.