Clearview Regional Middle School Solar Array
CLEARVIEW REGIONAL HIGH SCHOOL DISTRICT
Mullica, NJ
System Size: 220 kW
System Area: 31,429 SF
Construction Cost: $1,018,531
Cost/kW: $4,630
Completion Date: 2009
Financial Information:
NJDOE Debt Service Aid: $663,667
CORE Rebate: $417,170
SREC Revenue: $1,386,000 (Est. over 15 Yrs)
Net Cost to District Taxpayers: $198,499
Simple Payback Period: 1.5 years
Expected 15 Yr Payback: $1,777,545
(SREC's and Utility Bill Reduction)