NOTE 6 - EQUIPMENT LOAN (Details) - Equipment [Member] - Loans Payable [Member] |
9 Months Ended |
|---|---|
|
Sep. 30, 2016
USD ($)
| |
| NOTE 6 - EQUIPMENT LOAN (Details) [Line Items] | |
| Debt Instrument, Face Amount | $ 17,569.50 |
| Debt Instrument, Term | 30 years |
| Debt Instrument, Interest Rate, Stated Percentage | 5.49% |
| Debt Instrument, Payment Terms | The loan payments are made per the “Equivalent Rate per kWh” which is calculated based upon 5 factors: 1) the loan balance (which includes any accrued interest); 2) the Loan Term; 3) the applicable APR; 4) the expected production of the system; and 5) 2.50 % kWh annual rate escalator. The expected production of the system is an estimate, the actual payments could be higher or lower depending on the actual production from the system. If there is a remaining balance at the end of the loan term, the outstanding balance can be refinanced for an additional 12 months or for a term that is required by law. |