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What is NYITs estimated construction cost and how is it being paid for?

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What is NYITs estimated construction cost and how is it being paid for?

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The projected budget to construct NYIT’s Solar Decathlon house is approximately $400,000 (this includes construction equipment, transportation expenses for the house and students, and hotel accommodations for students in Washington, D.C.). In addition to funding from the college, NYIT’s team has received money and in-kind donations from professors, alumni, and local businesses to support research, design, and construction. The U.S. Department of Energy also provided each 2007 Solar Decathlon team with $100,000. A marketable prototype version of the competition house is estimated to cost $220,000. The prototype is less expensive because it does not include systems and features that have been custom-designed for the competition house.

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