Funding required: 7230€
Estimated Annual Return: 1205€
Funding end date: 30th of OCTOBER
Installment
Monthly
return rate
10%
term
15 Years
credit rating
A
Sustainable house in Estoril, Cascais
About the Project:
- The homeowner has long-term residency in the area and no plans to move. According to the provided bank information, the homeowner has a good credit rating.
- The house is situated in a tranquil and affluent neighborhood, and the homeowner owns an electric vehicle.
- The current electricity contract is signed with Galp, with a price of 0.2342€ per kWh and an average monthly electricity bill of 220€.
Project details:
- Our goal is to crowdfund the majority of the house’s electricity supply.
- The project aims to raise 7,230€ for the installation of a 3.4 kW solar power system and a 5 kWh energy storage battery.
- The photovoltaic power station will be installed on the house’s roof, with an output power of 3.4 kW and an annual power generation capacity exceeding 5,100 kWh.
- The project will utilize a system from Superminfinito Unipessoal, ensuring reliable and high-quality products.
- Detailed pricing information can be found in the accompanying diagram.
Financial Viability:
- With the inclusion of an energy storage battery, the electricity price discount is even lower, at 0.23€ per kWh.
- The estimated annual electricity revenue, based on the generation of 5,100 kWh at 0.23€ per kWh, amounts to 1,173€.
- While the homeowner’s electricity bill will be reduced, the project will significantly improve the building’s energy efficiency level.
Your Impact:
- TGreenhouse Gas Reduction: this will result in a reduction of over 2.8 tons of CO2 emissions, equivalent to planting more than 108 trees.
Your Risks:
- MySolarWealth minimizes risks through asset collateral:
- The solar power system is owned by investors.
- In the event of loan default, the system can be sold in the secondary market or transferred to another project.