Danville Solar Project (B)  |  83.6 (kW DC) 

Pennsylvania

Available Commercial Project

The Danville Solar Project is a forward-looking clean energy initiative located in the heart of rural Pennsylvania. This facility delivers 2.4 MW AC of installed capacity and is expected to generate approximately 3.79 GWh of clean electricity each year.

The project contributes to Pennsylvania’s Alternative Energy Portfolio Standards (AEPS) and supports broader regional efforts to reduce carbon emissions under the oversight of PPL Electric Utilities

Highlights

Cash Purchase Price

$384,710

Year 1 Benefits

$422,421

Total Benefits Range

$557,061 - $1,108,456

The total return on your purchase in this project from tax credits, federal and state depreciation, and project cash flow.

Total ROI Range

145% - 288%

The Total Return On Investment Range

Location:
Pennsylvania

Summary

Federal Investment Tax Credit
$226,477.00
This project earns a $226,477 Tax Credit.
Federal Depreciation
$167,593.00
You will be eligible for $167,593 from Federal Depreciation.
State Depreciation Y1
$16,193.00
You will be eligible for $16,193 from State Depreciation.
State Depreciation Y2-Y6
$64,772.00
You will be eligible for $64,772 from State Depreciation.
Project Cash Flow
$633,421.00
You could earn $633,421 in total income from your ownership in this project.
Total Overall Benefit
$1,108,456.00
You could earn $1,108,456 in total returns from your purchase.

Inputs

Cash Purchase Price
$384,710.00
The minimum purchase for this project is $384,710.
Federal Marginal Tax Rate
37.00%
Based on your taxable income, we have estimated your Federal Rate to be 37%.
State Marginal Tax Rate
14.30%
Based on your taxable income, we have estimated your State Rate to be 14.3% (calculated based on California tax rates).

Investment Tax credits

Investment Tax Credit Rate
40%
The minimum purchase for this project is $384,710.
Year 1 ITC
$226,477.00
This is the Tax Credit you will receive in year 1.

Depreciation

Total Federal Depreciation Deduction
$452,954.00
The Total Depreciation you will be allowed to deduct from your income on your Federal Taxes.
Total State Depreciation Deduction
$566,191.00
The Total Depreciation you will be allowed to deduct from your income on your State Taxes.
Year 1 State Depreciation Tax Benefits
$16,193.00
The amount you will save on your State Taxes as a result of your first year Depreciation Deduction.
Year 2-5 State Depreciation Tax Benefits
$64,772.00
The amount you will save on your State Taxes as a result of your remaining Depreciation Deduction.
Total Depreciation Benefits For Project
$248,558.00
The total amount you will save on your taxes over the first 6 years from your Depreciation Deduction.

Cash Flow

Solar Agreement Escalator
5.50%
Rate of Expected Cash Flow growth per year.
Year 1 Cash Flow
$12,158.00
Solar revenue expected to be received after expenses during year 1.
Cash Flow Time Horizon
6-35 years
Minimum hold period 6 years up to 35 years.
Total Project Cash Flow
$633,421.00
Expected net amount to be received from solar revenue during the 35 years hold period.

Any information provided, including projected returns or savings, is not guaranteed and should not be relied upon as a promise of future performance. Investing in or purchasing a business involves significant risks, including the potential loss of capital, and may require ongoing involvement to manage. GreenDay Finance does not provide legal, tax, or investment advice; all content is for informational purposes only, and purchasers should conduct their own due diligence.

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