Solar Electric Bill Reduction ICE

Electric Bill Reduction With Solar Power in Costa Rica

Directions for Bill Reduction Calculator

This tool enables you to calculate how long it would take you to recoup your investment. Here's how the tool works:

  1. Click on Change Variables.
  2. Change the Colones to Dollar Exchange Rate to the current value.
  3. Change the ICE Rate: To calculate your average annual ICE rate, divide the average of last 12 month payments by the average of last 12 month's kWh consumption. This is your average ICE rate. Take the same steps for other energy provider rates (Coopeguanacaste, Fuerza y Luz).
  4. Don't change 15% ICE Rate Increase; it is a default amount based on historical annual 16.3% increases.
  5. Find your area's direct radiation hours in the box to the right.
  6. Change the Hours of Sun variable to your region's average daily direct radiation hours. Then Click on the tick.
  7. Change the Consumption/Production variable to your average annual monthly kWh consumption, then click on the tick.
  8. System Size variable changes automatically according to the Hours of Sun and Consumption/Production variables above.
  9. Click on Calculate. The Payback Chart appears showing you the number of years it would take to get your money back in annual savings from your monthly electricity bills.

contact us and see how we can help you to reduce your electricity bill

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