Renewable Energy Project: Solar Panels
The Kuranda Neighbourhood Centre is a non-profit, incorporated Association. It provides a wide range of programs and support for individuals, families and the community.
Kuranda NC’s 7kW solar installation was funded in just one month using a combination of new donations and loan repayments from earlier CORENA projects, and was switched on in October 2018.
Our loan agreement with Kuranda NC allowed for a 4.5 year payback time, covered by savings on their power bills, but they received some unexpected funding and chose to pay out their loan in full in June 2020. We then used that early repayment to help fund the Abbeyfield project.
This project has been fully funded – Thank you!
Status: Funded project – loan fully repaid
Loan amount: $10,540.88
Loan repayments: $590/quarter
21 x 330W LG Neon panels
6kW SolarEdge inverter
Expected savings: $2,358/year, 11,257kWh/year
Reduction in carbon emissions/yr: Equivalent to 2.03 average households using renewable electricity instead of grid electricity