Solar Power Project

• 113 Solar Panels

• 5 Batteries

• Load Management System

Why Solar Power Project?

• Lower energy bills free up money to support Outreach and other initiatives.

• Promotes environmental stewardship

Want to support the project?

• Make a donation and note “solar”

• Make a pledge by emailing treasurer@upcelp.org

Questions? See Mike Halpin, Debra Little or Jerry Hobson

Timing:

• July 2026 – Contract signed, initial payment, and work started

• Late-2026 Solar panels installed and operational

• Mid-2027 Federal credits for panels

• Mid-2027 Battery system installed

• Mid-2028 Federal credits for battery system

Financials:

• Cost: $113,116 ($226,232 less a 50% federal credit)

• Payback: 7 to 9 years depending on future electricity cost and federal credit assumptions

• Funding goal: $115,000 in member donations to cover system cost

  • Donations Received - $91,800

  • Pledges - $4000

  • Additional Remaining - $19,200

• Bridge Loan: $99,000 to cover period between supplier payment and receipt of federal credits. Loan has initial lender approval and we are working through final documentation.