During the first full financial year in 2016 revenue was $179,006 or 88.4% of projections and energy generation was 87.4% of forecast generation. Production was impacted by smoky skies during the summer and a wetter than normal fall. 2016 expenses were $55,203, 72% of budgeted. Debt payments were $125,626 and there was $32,105 in the SunMine equipment reserve at the end of the year.
There have been some technical challenges. Spring 2016 four of thirty two (4 / 32) inverters failed due to a circuit board manufacturing defect that was covered by warranty and which the City received $14,544 from business interruption insurance coverage before the situation was remedied in October.
Spring 2017 seven of ninety-six (7 / 96) vertical elevation motors failed just off warranty. They will be replaced for $11,444 and the City is working closely with the manufacturer to address condensation found in the motor housing which caused the malfunction. Despite that, dry sunny weather this spring and summer 2017 boosted energy production above projected output.