"One Forrest City, moving forward, one step at a time..." FCWU Alternative Energy Investment "One Forrest City, moving forward, one step at a time..."
-President Barak Obama “We must change the way we manage our oil and coal resources and put money back into those communities so they can seize the opportunities of tomorrow.” -President Barak Obama https://commons.wikimedia.org/wiki/File:Seal_of_the_President_of_the_United_States.svg
“I appreciate that Arkansans, such as yourself, are finding innovative solutions for alternative energy development. I value the importance of these resources as tools to grow our economy in Arkansas.” -Asa Hutchinson https://commons.wikimedia.org/wiki/File:Seal_of_Arkansas.svg
“The Environmental Protection Agency has a federal state partnership called the Clean Water State and Revolving Fund (CWSRF) and the Drinking Water State Revolving Fund. These programs provide communities with a permanent, independent source of low-cost financing for a wide range of water quality infrastructure projects.” -Maurice Rawis https://commons.wikimedia.org/wiki/File:Environmental_Protection_Agency_logo.svg
“I certainly understand the importance of a project of this type to the Forest City area and am willing to do anything to assist you within current regulations.” -Rick Crawford https://en.wikipedia.org/wiki/United_States_Congress
“The Department commends your goal of deploying solar, and thanks you for your interest in our programs.” -Douglas Hollett http://energy.gov/eere/solarpoweringamerica/us-department-energy
“This project would provide both environmental benefits to Forrest City and the surrounding region, and would also have a positive economic impact that would benefit the community for many years into the future.” -Roy A. McCann http://researchfrontiers.uark.edu/
Changing the Way Water is Cleaned Project Costs: 8 Million
Spending Less on Energy Cost Annual Energy Cost: $700,000 Avoided Energy Cost Projected Annually: $500,000
Earning Money Annually Investment Principle: $8m Investment Interest Income Annually: $9,000
Cost Benefit Analysis Alternative Energy Investment Cost Reduction AMOUNT MONTHLY REDUCTION ANNUAL 3 YRS 5 YRS 10 YRS $8,000,000.00 $40,000.00 $480,000.00 $1,440,000.00 $2,400,000.00 $4,800,000.00 $1,000,000.00 $10,000.00 $120,000.00 $360,000.00 $600,000.00 $1,200,000.00 $500,000.00 $5,000.00 $60,000.00 $180,000.00 $300,000.00 $250,000.00 $2,500.00 $30,000.00 $90,000.00 $150,000.00
Cost Benefit Analysis Alternative Energy Investment Cost Reduction
Interest Income/Lost Opportunity Cost CURRENT INVESTMENT AMOUNT INTEREST RATE ANNUAL RETURN 3 YRS 5 YRS 10 YRS $8,000,000.00 $0.01 $8,000.00 $24,000.00 $40,000.00 $80,000.00 $1,000,000.00 $1,000.00 $3,000.00 $5,000.00 $10,000.00 $500,000.00 $500.00 $1,500.00 $2,500.00 $250,000.00 $250.00 $750.00 $1,250.00
Interest Income/Lost Opportunity Cost
“Provide adequate potable water and wastewater collection/treatment to the Citizens of Forrest City … with professional service at an efficient cost.”
Image Citations Seal of US President: https://commons.wikimedia.org/wiki/File:Seal_of_the_President_of_the_United_States.svg Seal of AR: https://commons.wikimedia.org/wiki/File:Seal_of_Arkansas.svg USEPA Logo: https://commons.wikimedia.org/wiki/File:Environmental_Protection_Agency_logo.svg Seal of US Congress: https://en.wikipedia.org/wiki/United_States_Congress US Department of Energy Logo: http://energy.gov/eere/solarpoweringamerica/us-department-energy UofA Logo: http://researchfrontiers.uark.edu/ Forresty City Images: http://www.forrestcitywater.com/FCWUWebsite/about/about.htm Solar Panel: http://greenlivingideas.com/2015/12/28/tips-save-money-installing-solar-panels/ Light Bulb with Solar Panel: http://www.solarprosinc.com/admirals/