| Generic College Wind Project 4/25/03 Draft --Bruce Anderson | |||||||||||||
| $1.65 million total project cost, financed by investment from endowment (repaid at 6% interest over 10 years) | |||||||||||||
| Year | Capa-city factor | Availa-bility | Nominal turbine capacity (kW) | Annual production (kWh) | Annual revenue: electricity sales @ $.033/kWh ($) | Annual revenue: incentive payment @ $.015/kWh ($) | Total gross annual revenue ($) | Annual operating and maintenance costs ($) | Annual endowment repayment (10-year, 6%) ($) | Net annual revenue ($) | Operating cash ($) | Debt service coverage ratio | |
| 2004 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 77,972.76 | 249,512.83 | 26,691.00 | 213,160.32 | 9,661.51 | 222,821.83 | 1.05 | |
| 2005 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 77,972.76 | 249,512.83 | 26,832.00 | 213,160.32 | 9,520.51 | 222,680.83 | 1.04 | |
| 2006 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 77,972.76 | 249,512.83 | 34,477.13 | 213,160.32 | 1,875.39 | 215,035.71 | 1.01 | |
| 2007 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 77,972.76 | 249,512.83 | 34,624.45 | 213,160.32 | 1,728.06 | 214,888.38 | 1.01 | |
| 2008 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 77,972.76 | 249,512.83 | 34,776.06 | 213,160.32 | 1,576.45 | 214,736.77 | 1.01 | |
| 2009 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 77,972.76 | 249,512.83 | 35,331.04 | 213,160.32 | 1,021.47 | 214,181.79 | 1.00 | |
| 2010 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 77,972.76 | 249,512.83 | 35,489.47 | 213,160.32 | 863.04 | 214,023.36 | 1.00 | |
| 2011 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 77,972.76 | 249,512.83 | 35,652.43 | 213,160.32 | 700.08 | 213,860.40 | 1.00 | |
| 2012 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 77,972.76 | 249,512.83 | 35,818.01 | 213,160.32 | 534.50 | 213,694.82 | 1.00 | |
| 2013 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 77,972.76 | 249,512.83 | 35,988.31 | 213,160.32 | 364.20 | 213,524.52 | 1.00 | |
| 2014 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 0.00 | 171,540.07 | 34,781.42 | 136,758.65 | 136,758.65 | |||
| 2015 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 0.00 | 171,540.07 | 34,941.43 | 136,598.64 | 136,598.64 | |||
| 2016 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 0.00 | 171,540.07 | 35,105.44 | 136,434.63 | 136,434.63 | |||
| 2017 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 0.00 | 171,540.07 | 35,273.56 | 136,266.52 | 136,266.52 | |||
| 2018 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 0.00 | 171,540.07 | 35,445.87 | 136,094.20 | 136,094.20 | |||
| 2019 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 0.00 | 171,540.07 | 36,063.49 | 135,476.58 | 135,476.58 | |||
| 2020 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 0.00 | 171,540.07 | 36,244.53 | 135,295.54 | 135,295.54 | |||
| 2021 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 0.00 | 171,540.07 | 36,430.09 | 135,109.98 | 135,109.98 | |||
| 2022 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 0.00 | 171,540.07 | 36,620.29 | 134,919.78 | 134,919.78 | |||
| 2023 | 0.40 | 0.989 | 1500 | 5,198,184 | 171,540.07 | 0.00 | 171,540.07 | 36,815.25 | 134,724.82 | 134,724.82 | |||
| Total net revenue (above endowment repayment): | $1,385,524.55 | ||||||||||||