Costs and Financing
- Each house sold for an average of $380,000.
- Homeowners are receiving an average of $60 per month solar utility bill for heating.
- $7 million for the initial start up of the Drake Landing Solar Community project.
- If this project were repeated it would cost $4 million, as approximately $3 million was for one-time research and development.
- Optimal community size would be 200-300 homes to realize the economies of scale. The number of systems would remain the same but the number of boreholes would just need to increase.
Read more about this topic: Drake Landing Solar Community
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“It is commonly said by farmers, that a good pear or apple costs no more time or pains to rear, than a poor one; so I would have no work of art, no speech, or action, or thought, or friend, but the best.”
—Ralph Waldo Emerson (1803–1882)