Drake Landing Solar Community - Costs and Financing

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.

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