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Projected Annual Revenue: 
       Current configuration: $59,500
       With 2nd unit installed : $77,350

Basis for revenue projections: 
      Unit Price: 5.95 cents/kWHr (3.95 for power, 2.0 for RECs)

      Power Production:
          Current configuration - 1,000,000 kWHr/year (annual average)
          With 2nd unit installed - 1,300,000 kWHr/year (annual average)

      Basis for Power Production:
          Projections of current production
          Calculations from flow and head (see Documents)

Operating Expenses:  $12,000/yr

Tax Credits:   ~$50,000    
       Historic rehabilitation tax credits pass to new owner if purchase occurs by May 2009, one-time credit (20% federal, 25% VA)

Equipment Included with Property:
       All needed supplies, tools, and equipment. See FF&E List

 

 

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