Absegami High School Solar Array
GREATER EGG HARBOR REGIONAL HIGH SCHOOL DISTRICT
Galloway, NJ
The Greater Egg Harbor Regional High School District received a Customer On-Site Renewable Energy (CORE) rebate for this project, and along with Debt Service Aid from the NJDOE, was able to finance the project at no additional cost to the taxpayers.
System size: 396 kW
System area: 56,571 SF
Construction Cost: $2,614,096
Completion Date: August 2009
Financial Information:
NJDOE Debt Service Aid: $1,894,893
NJBPU CORE Rebate: $966,373
Local Share of Project Costs: $406,354
Incentive Information:
Est. Annual Electric Bill Savings: $70,686
Est. 15 Yr Electric Bill Savings: $1,060,290
Simple payback period: 2 years