Galloway Township Middle School Solar Array

Fraytak Veisz Hopkins Duthie, P.C.





GALLOWAY TOWNSHIP
BOARD OF EDUCATION

Galloway, NJ

System Size: 305 kw
System Area: 43,600 sf
Construction Cost: $1,595,000
Completion Date: 2009

Financial Information:
NJDOE Debt Service Aid: $947,469
CORE Rebate: $757,975
Net Amount Bonded: $1,610,698
SREC Revenue (Est. over 15 Yrs.): $1,803,911
Simple Payback Period: 3.9 years
Expected 15 Year Payback: $1,868,850 
     (SRECs and Utility Bill Reduction)

 
 
 
© 2017 Fraytak Veisz Hopkins Duthie, P.C.   |   New Jersey   |   Pennsylvania