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Project Information:
- System Size: 220 kW
- System Area: 31,429 SF
- Construction Cost: $1,018,531
- Cost/kW: $4,630
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