School Solar Project
In this era of shrinking school budgets, the Alachua County Public School Solar project will generate $2.5 million in revenue for our local public schools over the next 20 years, support renewable energy education, create over $1 million in work for local contractors, and pay annual double-digit rates of return to investors.
$2.5 million in revenue to Alachua County Public Schools
The School District of Alachua County will receive $125,000 annually for 20 years in guaranteed roof lease payments. This is $2.5 million dollars that the school district will earn for using roof space that otherwise would sit idle.
Renewable Energy Education
The Florida Solar Energy Center has developed a K-12 renewable energy curriculum and part of the $2.5 million that is being generated by this solar project will enable the curriculum to be made available throughout our local school district. Solar Impact is donating a computer and large display that links to the web-based solar monitoring system so that students and visitors can see their solar system’s production.
Over $1 million in local employment
The Alachua County Public School Solar Project has created over $1 million in much needed work for local electricians, roofers, and general construction workers.
High yield and safe investment for local investors
Phase 1 investors carefully reviewed the financials of the projects and chose to invest because an investment in the school solar project allowed them to meet their financial goals while helping the schools and the community.
Solar Impact thanks School District staff, School Board, City of Gainesville, GRU, and UF Environmental Health & Safety
Solar Impact would like to thank the many people who worked together to make this innovative project a reality. The Alachua County School District staff and the School Board members carefully evaluated this solar project to make sure that it promoted education and protected the interests of the schools. The City of Gainesville and GRU have been internationally recognized for creating the nation’s first solar feed-in tariff program. All parties worked tirelessly to make this project a reality.
Solar Impact thanks Phase 1 Investors
This project couldn’t have happened without the Phase 1 investors. Solar electric is an investment vehicle that is relatively new in Florida, but has been in existence in other states and countries for many years. The following list of investors includes some well-known Gainesville residents. These investors appreciated their ability to help the local community while also receiving a double-digit annual return on their investment for 20 years.
Ken & Linda McGurn • Dr. Celia Martin Dr. Sam Martin • Steve & Laura Shey Dr. Malcolm Sanford • Marty Tod
Learn more about how you can receive double-digit returns on this safe and secure investment opportunity. Projects will be available for next 30 days or until all projects are purchased, whichever comes first.
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The North Central FlorIDa Business Report
APRIL 2012