Manteca City Council
September 15, 2026

Project Assumptions Grants/Incentives Financial Information Project Price: 18000000 PG&E: 0 Interest Rate: 5.2499999999999998E-2 City Contribution 2000000 CEDA: 0 Length of Analysis: 30 Financed Amount: 16000000 Assumed ITC: 6000000 Term of Loan: 20 Utility Rate Escalation: 0.06 Carbon Credits: TBD Payments Per Year: 4 Inflation Rate: 0.03 Total Grants & Incentives: 6000000 Debt Type: TELP Solar Degradation Rate 5.0000000000000001E-3 City Budget Savings: 0 Capitalize Interest: N/A BESS Degradation Rate 0.03 PMT= -1296969.4566423085
Base Solar O&M 100000
Inverter Replacement 500000
City of Manteca| Floating Solar and Battery Project
Year # of Years Solar Savings BESS Savings Solar O&M and Inverter Replacements Costs Battery O&M and Software License Federal Investment Tax Credit (ITC Direct Pay) Financing Payment Net Cash Flow Cumulative Cash Flow -1 2027 Const. 0 -1400000 -600000 -2000000 -2000000
0 2028 1 672385 663756 -100000 -30133 6000000 -1296969.4566423085 5909038.5433576917 3909038.5433576917 1 2029 2 709366.17499999993 683668.68 -103000 -31036.99 -1296969.4566423085 -37971.591642308515 3871066.9517153832 2 2030 3 748381.31462499988 704178.74040000013 -106090 -31968.099700000002 -1296969.4566423085 17532.498682691716 3888599.4503980749 3 2031 4 789542.28692937479 725304.10261200019 -109272.7 -32927.142691000001 -1296969.4566423085 75677.090208066627 3964276.5406061416 4 2032 5 832967.11271049036 747063.22569036018 -112550.88099999999 -33914.956971730004 -1296969.4566423085 136595.04378681188 4100871.5843929537 5 2033 6 878780.3039095673 769475.12246107101 -34932.405680881908 -1296969.4566423085 316353.5640474481 4417225.148440402 6 2034 7 927113.22062459344 792559.37613490317 -35980.377851308367 -1296969.4566423085 386722.76226587989 4803947.9107062817 7 2035 8 978104.44775894599 816336.15741895034 -37059.789186847622 -1296969.4566423085 460411.3593487402 5264359.2700550221 8 2036 9 1031900.192385688 840826.24214151886 -38171.582862453055 -1296969.4566423085 537585.39502244513 5801944.6650774674 9 2037 10 1088654.7029669008 866051.02940576442 -500000 -39316.730348326644 -1296969.4566423085 118419.54538203008 5920364.2104594978 10 2038 11 1148530.7116300804 892032.56028793741 -40496.232258776443 -1296969.4566423085 703097.58301693294 6623461.7934764307 11 2039 12 1211699.9007697348 918793.5370965756 -41711.11922653974 -1296969.4566423085 791812.86199746234 7415274.6554738935 12 2040 13 1278343.3953120701 946357.34320947295 -42962.452803335931 -1296969.4566423085 884768.82907589874 8300043.4845497925 13 2041 14 1348652.2820542338 974748.06350575713 -44251.326387436013 -1296969.4566423085 982179.56253024633 9282223.0470800381 14 2042 15 1422828.1575672165 1003990.5054109299 -45578.866179059092 -1296969.4566423085 1084270.3401567785 10366493.387236817 15 2043 16 1501083.7062334134 1034110.2205732579 -46946.232164430869 -1296969.4566423085 1191278.2379999321 11557771.62523675 16 2044 17 1583643.3100762512 1065133.5271904557 -48354.619129363797 -1296969.4566423085 1303452.7614950344 12861224.386731785 17 2045 18 1670743.6921304448 1097087.5330061694 -49805.257703244715 -1296969.4566423085 1421056.5107910612 14282280.897522846 18 2046 19 1762634.5951976192 1130000.1589963546 -51299.41543434206 -1296969.4566423085 1544365.8821173233 15826646.77964017 19 2047 20 1859579.4979334881 1163900.1637662451 -52838.397897372321 -1296969.4566423085 1673671.8071600522 17500318.586800221 23444934.005815111 17835372.289307725 -1030913.581 -809684.99447644863 6000000 -25939389.132846165 17500318.586800221 #REF!
Total Y1 Budget Savings
#REF!
Total Y20 Budget Savings