Brasstown School, NC

Crowd Sun Brass School
  • $300,000.00

    Pledged of $300,000.00 Goal

  • 6

    Backers

  • 0

    Hours to Go

All pledges will be collected automatically until February 5, 2014.

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OLYMPUS DIGITAL CAMERAThe Brasstown School is a 100 year-old school house that is being upgraded to the newest technology including solar power and geothermal HVAC. It is located on 6 acres of rural land and the excess power will be sold to Duke Power through the Tennessee Valley Authority.

 

 

 

 

THE PROJECT
SIZE (in Kw):200 KwH
ANNUAL ESTIMATED OUTPUT (KwH):283,000
NUMBER OF PANELS:786
PANEL TYPE (S):MONOCRYSTALINE
PANEL WARRANTY (YRS):20 YEARS
INVERTER TYPE:SCHNEIDER ELECTRIC
INVERTER WARRANTY (YRS):FULL TERM/INCLUDED
INTERCONNECTION DATE:TBD-2014
   

 

THE SOLAR CUSTOMER
NAME:DUKE POWER (NC)
LOCATION:PRIVATE/DISCLOSED TO COMMITTED INVESTORS ONLY
TYPE OF SOLAR CUSTOMER:UTILITY
CONTRACT:POWER PURCHASE AGREEMENT (20YR)
BORROWER:SEE PROSPECTUS
 

 

FINANCIAL IMPACTS
LOAN TYPE:TERM
LOAN TERM (MONTHS):240
PAYMENT SCHEDULE:MONTHLY
LOAN INTEREST RATE:4.75%
AMOUNT OF LOAN:$300,000
EQUITY TYPE:CLOSED/ N-A
  

   

IMPACTS
ESTIMATED HOMES POWERED IN ONE YEAR:29
ESTIMATED POUNDS OF Co2 AVOIDED PER YEAR:486,000
METRIC TONS OF GHG AVOIDED (20 YRS):3,040
ESTIMATED APARTMENTS POWERED/YR:38
   

CROWD SUN FUNDED

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  1. Paul Byers
    $25,000.00
  2. Thomas Liken
    $50,000.00
  3. L. Keller
    $100,000.00
  4. Clint Murray
    $50,000.00

  5. $25,000.00

This Campaign has ended. No more pledges can be made.

  • 5 Backers

    Initial Investment Block is $25,000