Galloway Township Middle School Solar Array
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)
"I had the distinct pleasure to work with Ted Hopkins from the architectural firm [FVHD], during my nine-year tenure as School Business Administrator with Galloway Township Public Schools. Their work ethic and responsiveness to District needs are excellent! They have a staff of professionals to meet a variety of needs, always working towards the best interest of the client to achieve their goals. I would not hesitate to recommend FVHD Architects Planners for a project of any size."