You're also assuming a 100% conversion rate, in terms of homes being wired for access. That's a pretty big assumption!
However, the assumption was that all 417 houses connected will become customers. That's a pretty big assumption. The actual percentage could be 50% or 90%. I don't know -- but surely the answer will have a big impact on the time it takes to reach that amount of revenue.
All that said, my experience does remind me that many of the people up there turn it off for the winter, when they aren't there. My assumption is that there'd be some amount of desire to do that, which would also reduce returns.