diff --git a/src/core/energy_storage/electric_storage.jl b/src/core/energy_storage/electric_storage.jl
index b73805df8..2d84bd281 100644
--- a/src/core/energy_storage/electric_storage.jl
+++ b/src/core/energy_storage/electric_storage.jl
@@ -146,10 +146,10 @@ end
     soc_min_fraction::Float64 = 0.2
     soc_init_fraction::Float64 = off_grid_flag ? 1.0 : 0.5
     can_grid_charge::Bool = off_grid_flag ? false : true
-    installed_cost_per_kw::Real = 958.0
-    installed_cost_per_kwh::Real = 479.0
-    replace_cost_per_kw::Real = 440.0
-    replace_cost_per_kwh::Real = 220.0
+    installed_cost_per_kw::Real = 910.0
+    installed_cost_per_kwh::Real = 455.0
+    replace_cost_per_kw::Real = 715.0
+    replace_cost_per_kwh::Real = 318.0
     inverter_replacement_year::Int = 10
     battery_replacement_year::Int = 10
     macrs_option_years::Int = 7
@@ -178,10 +178,10 @@ Base.@kwdef struct ElectricStorageDefaults
     soc_min_fraction::Float64 = 0.2
     soc_init_fraction::Float64 = off_grid_flag ? 1.0 : 0.5
     can_grid_charge::Bool = off_grid_flag ? false : true
-    installed_cost_per_kw::Real = 958.0
-    installed_cost_per_kwh::Real = 479.0
-    replace_cost_per_kw::Real = 440.0
-    replace_cost_per_kwh::Real = 220.0
+    installed_cost_per_kw::Real = 910.0
+    installed_cost_per_kwh::Real = 455.0
+    replace_cost_per_kw::Real = 715.0
+    replace_cost_per_kwh::Real = 318.0
     inverter_replacement_year::Int = 10
     battery_replacement_year::Int = 10
     macrs_option_years::Int = 7
diff --git a/src/core/financial.jl b/src/core/financial.jl
index 78a7e45c9..04a67c4fc 100644
--- a/src/core/financial.jl
+++ b/src/core/financial.jl
@@ -2,16 +2,16 @@
 """
 `Financial` is an optional REopt input with the following keys and default values:
 ```julia
-    om_cost_escalation_rate_fraction::Real = 0.0253,
+    om_cost_escalation_rate_fraction::Real = 0.025,
     elec_cost_escalation_rate_fraction::Real = 0.017,
-    existing_boiler_fuel_cost_escalation_rate_fraction::Float64 = 0.012, 
-    boiler_fuel_cost_escalation_rate_fraction::Real = 0.012,
-    chp_fuel_cost_escalation_rate_fraction::Real = 0.012,
-    generator_fuel_cost_escalation_rate_fraction::Real = 0.013,
-    offtaker_tax_rate_fraction::Real = 0.257,
+    existing_boiler_fuel_cost_escalation_rate_fraction::Float64 = 0.015, 
+    boiler_fuel_cost_escalation_rate_fraction::Real = 0.015,
+    chp_fuel_cost_escalation_rate_fraction::Real = 0.015,
+    generator_fuel_cost_escalation_rate_fraction::Real = 0.012,
+    offtaker_tax_rate_fraction::Real = 0.26, # combined state and federal tax rate
     offtaker_discount_rate_fraction::Real = 0.0638,
     third_party_ownership::Bool = false,
-    owner_tax_rate_fraction::Real = 0.257,
+    owner_tax_rate_fraction::Real = 0.26, # combined state and federal tax rate
     owner_discount_rate_fraction::Real = 0.0638,
     analysis_years::Int = 25,
     value_of_lost_load_per_kwh::Union{Array{R,1}, R} where R<:Real = 1.00, #only applies to multiple outage modeling
@@ -76,12 +76,12 @@ struct Financial
 
     function Financial(;
         off_grid_flag::Bool = false,
-        om_cost_escalation_rate_fraction::Real = 0.0253,
+        om_cost_escalation_rate_fraction::Real = 0.025,
         elec_cost_escalation_rate_fraction::Real = 0.017,
-        existing_boiler_fuel_cost_escalation_rate_fraction::Float64 = 0.012,
-        boiler_fuel_cost_escalation_rate_fraction::Real = 0.012,
-        chp_fuel_cost_escalation_rate_fraction::Real = 0.012,
-        generator_fuel_cost_escalation_rate_fraction::Real = 0.013,
+        existing_boiler_fuel_cost_escalation_rate_fraction::Float64 = 0.015,
+        boiler_fuel_cost_escalation_rate_fraction::Real = 0.015,
+        chp_fuel_cost_escalation_rate_fraction::Real = 0.015,
+        generator_fuel_cost_escalation_rate_fraction::Real = 0.012,
         offtaker_tax_rate_fraction::Real = 0.257,
         offtaker_discount_rate_fraction::Real = 0.0638,
         third_party_ownership::Bool = false,
diff --git a/src/core/generator.jl b/src/core/generator.jl
index fdf495158..921f421ca 100644
--- a/src/core/generator.jl
+++ b/src/core/generator.jl
@@ -6,11 +6,11 @@
     existing_kw::Real = 0,
     min_kw::Real = 0,
     max_kw::Real = 1.0e6,
-    installed_cost_per_kw::Real = only_runs_during_grid_outage ? 650.0 : 800.0,
-    om_cost_per_kw::Real = off_grid_flag ? 20.0 : 10.0,
+    installed_cost_per_kw::Real = off_grid_flag ? 880 : only_runs_during_grid_outage ? 650.0 : 800.0,
+    om_cost_per_kw::Real = off_grid_flag ? 10.0 : 20.0,
     om_cost_per_kwh::Real = 0.0,
     fuel_cost_per_gallon::Real = 3.61,
-    electric_efficiency_full_load::Real = 0.3233,
+    electric_efficiency_full_load::Real = 0.322,
     electric_efficiency_half_load::Real = electric_efficiency_full_load,
     fuel_avail_gal::Real = 1.0e9,
     fuel_higher_heating_value_kwh_per_gal::Real = 40.7,
@@ -101,11 +101,11 @@ struct Generator <: AbstractGenerator
         existing_kw::Real = 0,
         min_kw::Real = 0,
         max_kw::Real = 1.0e6,
-        installed_cost_per_kw::Real = only_runs_during_grid_outage ? 650.0 : 800.0,
-        om_cost_per_kw::Real= off_grid_flag ? 20.0 : 10.0,
+        installed_cost_per_kw::Real = off_grid_flag ? 880 : only_runs_during_grid_outage ? 650.0 : 800.0,
+        om_cost_per_kw::Real= off_grid_flag ? 10.0 : 20.0,
         om_cost_per_kwh::Real = 0.0,
         fuel_cost_per_gallon::Real = 3.61,
-        electric_efficiency_full_load::Real = 0.3233,
+        electric_efficiency_full_load::Real = 0.322,
         electric_efficiency_half_load::Real = electric_efficiency_full_load,
         fuel_avail_gal::Real = 1.0e9,
         fuel_higher_heating_value_kwh_per_gal::Real = KWH_PER_GAL_DIESEL,
diff --git a/src/core/pv.jl b/src/core/pv.jl
index e3bc034c2..035aa0333 100644
--- a/src/core/pv.jl
+++ b/src/core/pv.jl
@@ -102,7 +102,7 @@ mutable struct PV <: AbstractTech
         off_grid_flag::Bool = false,
         latitude::Real,
         array_type::Int=1, # PV Watts array type (0: Ground Mount Fixed (Open Rack); 1: Rooftop, Fixed; 2: Ground Mount 1-Axis Tracking; 3 : 1-Axis Backtracking; 4: Ground Mount, 2-Axis Tracking)
-        tilt::Real= array_type == 1 ? 10 : 25, # tilt = 10 deg for rooftop systems, 25 for ground-mount
+        tilt::Real= array_type == 1 ? 10 : 20, # tilt = 10 deg for rooftop systems, 20 for ground-mount
         module_type::Int=0, # PV module type (0: Standard; 1: Premium; 2: Thin Film)
         losses::Real=0.14,
         azimuth::Real = latitude≥0 ? 180 : 0, # set azimuth to zero for southern hemisphere