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
MA Environmental Bond Bill
MA Cultural Facilities Funding
Local incentives
Local community donors.
Utility incentives
Eversource
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 |