Hitchcock Center for the Environment
Living Building Challenge Education Center
General Finances
Project funding was raised from a cross section of sources including community donors, foundation grants, state grants and funding sources, and federal grant sources based on a fundraising plan.
| Total Cost of Project | $4,473,722 |
|---|---|
| Construction hard cost | $4,348,722 |
| Gross Cost of Renewable Energy System | $247,348 |
| Cost per sq ft of conditioned space | $486.00 |
| Value of Tax Credits for renewable energy systems | |
| Net Cost of renewable energy systems | $247,348 |
Savings and Revenue
| Annual Electric Savings | $9,000 |
|---|---|
| Annual Revenue from SRECs or other RE credits | $14,000 |
Rebates and Financial Incentives
| Federal incentives |
Grant funding: Institute for Museum and Library Services |
|---|---|
| State incentives |
MA Department of Energy Resources Pathways to Zero Grant Program |
| Local incentives |
Local community donors. |
| Utility incentives |
Eversource |