Solar Power Project

• 113 Solar Panels

• 5 Batteries

• Load Management System

Benefits:

• 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 supplier 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 - $67,500

  • Pledges - $7,000

  • Additional Donations Needed - $40,500

• Bridge Loan: $99,000 to cover period between supplier payment and receipt of federal credits. Application is presently being filled out at UPC.