Forecast income and costs
Sharenergy has prepared two sets of financial projections - option 1, which outlines the scenario with 150 roofs installed at 3kW each; and option 2 which outlines 400 roofs installed, 300 at 3kW and 100 at 2.5kW.
The table below shows the forecast electricity output over the life of the project under option 2, which has a higher number of roofs. The forecast return or IRR to members remains the same but the contribution to the community fund is higher in option 2. There is no community surplus in option 1. Option 1 is outlined in full in the share offer document.
All figures are in thousand of pounds (£,000).
|Operating cash surplus||47||50||52||55||57||325||862||1448|
|Interest on cash in bank||0||1||1||2||1||5||13||22|
|Pure Leapfrog loan interest||-19||-17||-14||-12||-9||-10||0||-81|
|Surplus for distribution||6||6||6||7||7||37||92||161|