Board Of Aldermen - Minutes - 8/6/2019 - P55

Solar Financial Overview

Cost to Build (investor partner) $502,800
Upfront Cost to City of Nashua $0

PPA Rate for City of Nashua 8.8 cents/kWh
PPA Rate Escalator after Year 1 2% per year
Year 6 Optional Buyout Cost $301,680

25 Year Net Savings (incl. buyout) $483,000

40 Year Net Savings (incl. buyout) $1.27 million

(Q) REVISION ENERGY