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(d) Net capital costs for solar hot water system: Solar hot water systems with an electric backup are pretty pricey, approximately $6,600 including materials and

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(d) Net capital costs for solar hot water system: Solar hot water systems with an electric backup are pretty pricey, approximately $6,600 including materials and installation. Fortunately there are several financial incentives to help defray these costs. Solar systems are exempt from sales tax and eligible for multiple rebates: 30% federal tax rebate, $1,000 state rebate, and roughly $800 rebate from the utility. With these rebates, what's the net out-of-pocket CapEx for the solar hot water system? (5 points) d) Net capital costs for solar hot water system : the system is $6.600 including installation - solar systems are exempt from sales tax. - 300% federal tax rebate - $1,000 state rebate - $800 utility rebate What is net out-of-pocket Cap Ex for solan hot water system

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