UVM Campus Renewable Energy Feasibility Study Lot: West of Waterman 85 S. Prospect St., Burlington VT
Tilt Angle: 10 degrees Orientation: 40 – South, 75 – East/West Approximate DC Watts: 115,000 Solar PV System Size: 115kW Basis of Design Equipment: Solaire Generation ‘Solaris’ System or similar Sharp 250W Module 1x PVP 100kW Solar PV Inverter Cooper Crouse Hinds Disconnecting, Surge Protection Combiner Boxes Total $/watt: $5.76 Estimated Installed Cost: $660,000 (rounded to nearest $10,000) Payback (with no incentives): 25.3 years Payback (with incentives): 20 years Adjacent Building Annual Electrical Usage: 1,493,713 kWh* Solar System Annual Output: 130,500kWh % offset: 8.74%
Applicable Incentives A detailed summary of applicable incentives is included 1. Vermont Small Scale Renewable Energy Incentive Program: $2.25/watt DC up to 10 kW, $1.50/W
DC for next 50 kW (up to 60 kW). Maximum incentive $97,500 or up to 50% of project costs (whichever is lower). 2. Electricity will be sold directly to Burlington Electric Department at a rate of $0.20/kWh. There will be a separate meter and service, one bill for the building use that will be offset by the bill for BED credit. Notes: 1. Structural design of carport system(s) will be required. This has been included in the estimated cost. 2. Installed cost includes all materials, labor, design, engineering…etc. based on observed market
conditions in Q2 2012. 3. *Estimated electrical use based on use from Waterman Building 2011 Data. 4. Financial analysis assumes BED utility 5. Electrical engineering/design of interconnection required (included in est. cost)