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Let's Get Solar

To further the strides that FIU has made to become an environmentally friendly facility, we should implement the Tesla Power Pack instead of purchasing power from FIU's current power and light provider, FPL (Florida Power & Light). This would be the next step in making a large scale reform to the establishments that exist in FIU in order to, not only save electricity, to also introduce a more cost efficient method to power the school. Currently FIU uses 49,169,086 kWh to power three of its campuses, specifically Modesto Maidique Campus, Biscayne Bay Campus, and the Engineering Center for a whole year (this includes power for 23 buildings across the three campuses). To power these 23 buildings it costs about $3,829,222 per year. If FIU were to adopt the Tesla Power Pack it would cost about $3,033,404 to buy Power Pack's strong enough to power all of FIU's buildings, the first year. FIU would be saving $795,818 in just the first year, but this money could go towards the one­time installation fees required to set up FIU with the new power packs. Conclusively, FIU would not save money in the first year, but money would not be lost. 

      As shown with the values in the spreadsheet on the right, the payments for the first year of the Tesla Power Pack FIU would not be losing any money because the costs would be about equal to what is currently being paid. This includes the installation costs for the solar panels and power packs. However, the future projections for the costs of maintaining the university power through the advent of “Tesla PowerPacks” demonstrate just how cost efficient it would be. Once everything is set up and running right, instead of paying $3,829,222 every year to FPL, FIU would not have to spend any money on electricity thanks to the Tesla Power Packs. Therefore, every year FIU would be saving almost $4 million dollars. With a life span of 15 years, the Tesla Power Packs will ultimately lead to over $50 million dollars in savings over the course of 15 years. With this extra funding, FIU can allocate its money in different areas that are needed.

     The only risks that must be considered when incorporating the Tesla Power Packs, would be the fact that the company only guarantees a warranty of 10 years. This means that if the device stops running correctly after 10 years then the company will not replace it for free, however if the Power Pack ran for 10 years then the university will have already saved roughly around $35 million dollars. Either way the Tesla Power Pack is a much more affordable alternative in comparison to the current prices that are paid to the FPL to power the entire university. 

Why Solar Energy?

A Greener FIU

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