A B C D E F G H I J K L M
Facility kWh kWh Cost cost per
kWh
(ave.)
PV systems
kWH
generation
PV systems
annual
savings*
PV systems
annual
electrical
bill**
PV systems
lifecycle
savings***
Constrn
Cost: PV
only
Constrn
Cost: EVCS
only
Constrn. Cost
(PV + EV)
IRA funding
(40% of PV
only)
City Funding Payback
Period
(years)
****
formula A/B B - E H + I H * 40% J - K
Three sites, WITHOUT BBF and Library
Quinlan Community Center
(0116367009-116367840) 383,109 $121,336 $0.32 453,795 $1 54,217 -$32,881 $7,272,774 $2,343,000 $150,000 $2,493,00 0 $867,200 $1,625,800 9.21 Sports Center (0116367009-
116971849) 329,369 $108,143 $0.33 322,104 $93,047 $15,096 $4,434,018 $1,815,000 $150,000 $1,965,000 $726,000 $1,23 9,000 11.11 Community Hall (0116367009-
116367449) 114,600 $39,810 $0.35 66,784 $29,441 $10,369 $1 ,315,345 $377,000 $0 $377,000 $150,800 $226,200 7.15 $269,289 $276,705 -$7,416 $13,022,137 $4,535,000 $300,000 $4,835,000 $1,744,000 $3,091,000 9.46 decreased by: 276,705 with 20% contingency $5,802,000
Four sites, WITHOUT BBF
Library (1932850108) 1,048,978 $322,517 $0.31 621,477 $189,074 $133,443 $10,847,040 $3,803,000 $300,000 $4,103,000 $1,521,200 $2,581,800 11.33 Quinlan Community Center
(0116367009-116367840) 383,109 $121,336 $0.32 453,795 $1 54,217 -$32,881 $7,272,774 $2,343,000 $150,000 $2,493,00 0 $867,200 $1,625,800 9.21 Sports Center (0116367009-
116971849) 329,369 $108,143 $0.33 322,104 $93,047 $15,096 $4,434,018 $1,815,000 $150,000 $1,965,000 $726,000 $1,23 9,000 11.11 Community Hall (0116367009-
116367449) 114,600 $39,810 $0.35 66,784 $29,441 $10,369 $1 ,315,345 $377,000 $0 $377,000 $150,800 $226,200 7.15 $591,805 $465,779 $126,026 $23,869,177 $8,338,000 $600,000 $8,938,000 $3,265,200 $5,672,800 9.98 decreased by: 465,779 with 20% contingency $10,725,600
Four sites, WITHOUT LIBRARY
BBF (114315284) 110,428 $32,539 $0.29 110,948 $38,253 -$5,714 $1,563,642 $956,000 $100,000 $1,056,000 $382,400 $673,600 14.08 Quinlan Community Center
(0116367009-116367840) 383,109 $121,336 $0.32 453,795 $1 54,217 -$32,881 $7,272,774 $2,343,000 $150,000 $2,493,00 0 $867,200 $1,625,800 9.21 Sports Center (0116367009-
116971849) 329,369 $108,143 $0.33 322,104 $93,047 $15,096 $4,434,018 $1,815,000 $150,000 $1,965,000 $726,000 $1,23 9,000 11.11 Community Hall (0116367009-
116367449) 114,600 $39,810 $0.35 66,784 $29,441 $10,369 $1 ,315,345 $377,000 $0 $377,000 $150,800 $226,200 7.15 $301,828 $314,958 -$13,130 $14,585,779 $5,491,000 $400,000 $5,891,000 $2,126,400 $3,764,600 10.28 decreased by: 314,958 with 20% contingency $7,069,200
Five sites
Library (1932850108) 1,048,978 $322,517 $0.31 621,477 $189,074 $133,443 $10,847,040 $3,803,000 $300,000 $4,103,000 $1,521,200 $2,581,800 11.33 BBF (114315284) 110,428 $32,539 $0.29 110,948 $38,253 -$5,714 $1,563,642 $956,000 $100,000 $1,056,000 $382,400 $673,600 14.08 Quinlan Community Center
(0116367009-116367840) 383,109 $121,336 $0.32 453,795 $1 54,217 -$32,881 $7,272,774 $2,343,000 $150,000 $2,493,00 0 $867,200 $1,625,800 9.21 Sports Center (0116367009-
116971849) 329,369 $108,143 $0.33 322,104 $93,047 $15,096 $4,434,018 $1,815,000 $150,000 $1,965,000 $726,000 $1,23 9,000 11.11 Community Hall (0116367009-
116367449) 114,600 $39,810 $0.35 66,784 $29,441 $10,369 $1 ,315,345 $377,000 $0 $377,000 $150,800 $226,200 7.15 $624,345 $504,032 $120,313 $25,432,819 $9,294,000 $700,000 $9,994,000 $3,647,600 $6,346,400 10.66 decreased by: 504,032 with 20% contingency $11,992,800
CUPERTINO PHOTOVOLTAIC SYSTEMS DESIGN AND INSTALLATION PROJECT • PRELIMINARY COST/SAVINGS • ATTACHMENT B *Annual savings includes 5% utility escalation over a 1.5 year construction period, Year 1
**The costs (B) are offset by the kWh savings (E), resulting in lowered electrical bill (F)
***Lifecycle Savings (30yrs) includes: 5% utility escalation, 0.5% module degradation, 30 years, NEM3 Included
****Discounted cashflow methodology includes: 5% utility escalation,
0.5% module degradation, 30 years, NEM3 Included
11/18/2024