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47 KW on Youth Employment Partnership, Oakland, CA

Founded in 1973, the Youth Employment Partnership is Oakland's largest and most experienced youth employment training agency. The organization has served over 30,000 youth through its programs. YEP youth have also rehabilitated more than 50 houses to be used as affordable homes for families in East Oakland. YEP's solar project was supported by an additional $95,000 grant.

6.38%
Expected Investor Yield
60
Month Term
100%
Funded
57
Investors
$0
Available
$40,325
Total Amount
FUNDED! This project has reached its investment goal.

Project ID: B5

View Prospectus

Size (in kW): 47
Annual Estimated Output: 61,281 kWh
Estimated Cost Savings to Solar Customer over 10 years: $24,558  
Number of Panels: 196  
Panel Type(s): SunTech  
Panel Warranty (yrs): 25  
Inverter Type: SMA  
Inverter Warranty (yrs): 10  
Interconnection Date: January 16, 2013  
Name: The Youth Employment Partnership
Location (city, state): Oakland, CA  
Type of Solar Customer: Non-Profit
Year of Incorporation: 1986  
Contract Type: Solar Lease
Revenues (2011): $3,325,003  
Assets as of 12/31/2010: $3,512,466  
Liabilities as of 12/31/2010: $337,679  
Name: Solar Mosaic Development I, LLC  
Location: Oakland, CA  
Year of Incorporation: 2011  
kW Developed: 73  
Loan Type: Term  
Loan Term: 60 months (5 years)
Loan Payment Schedule: Monthly
Loan Interest Rate: 7.00%
Revenue Sources: Solar Lease & California Solar Initiative
Debt Service Coverage Ratio: 1.35x
Debt Service Reserve Fund: $1,200
Estimated job hours: 705
Estimated Homes powered in one year: 5.4
Estimated Pounds of CO2 avoided per year: 93,256
Estimated Square Feet of solar created: 3,714
Payment Number Transaction Date Total Paid Interest Principal
1 Oct-15-2012 $875.56 $218.73 $656.83
2 Nov-16-2012 $875.56 $208.22 $667.34
3 Dec-17-2012 $713.54 $211.54 $502
4 Jan-14-2013 $713.54 $208.82 $504.72
5 Feb-12-2013 $713.54 $186.14 $527.4
6 Mar-13-2013 $743.2 $203.22 $539.98
7 Apr-17-2013 $743.2 $193.83 $549.37
8 May-17-2013 $743.2 $197.31 $545.89
9 Jun-13-2013 $772.86 $188.08 $584.78
10 Jul-15-2013 $772.86 $191.18 $581.68
11 Aug-14-2013 $772.85 $188.02 $584.83
12 Sep-13-2013 $743.2 $178.89 $564.31
13 Oct-18-2013 $743.2 $181.79 $561.41
14 Nov-19-2013 $743.2 $172.98 $570.22
15 Dec-16-2013 $736.14 $175.65 $560.49
16 Jan-16-2014 $736.14 $172.61 $563.53
17 Mar-04-2014 $736.14 $153.15 $582.99
18 Apr-09-2014 $765.65 $166.39 $599.26
19 Apr-09-2014 $765.65 $157.88 $607.77