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Learn how tying solar panels to deep energy conservation can generate significant savings for congregations. This strategy can reduce payback periods for solar panels and increase excitement for energy conservation projects. With the right approach, congregations can recoup investments quickly and make a positive impact on the environment. Find out more about this cost-effective and exciting initiative!
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For congregations, energy conservation can quickly and cheaply generate significant savings. Break-even in fourth year
Yet, a congregation excited about conservation is a rare bird.
For congregations, panels cost a lot and their payback period is prohibitively long* Break-even in 18th year * Because congregations don’t pay taxes, they don’t benefit from the 30% tax credit.
…which presents an opportunity. Might tying energy conservation to solar panels make an enticing combination –both cost-effective and exciting?
Tying panels to deep energy conservation could shorten the payback for panels to just eleven years. Much shorter. Break-even in eleventh year
But still out of reach. Congregations often need to recoup their investments very quickly – in perhaps seven years or less. Might we get to seven or less by also tying panels to conservation by congregants - and by providing a modest grant?
Yes! With a $5000 grant and sixty members contributing half their energy savings for three years, the payback shrinks to six years. Break-even in six years
Affordable solar – simply conserve. What’s not to like?
Here are our assumptions. * Based on Indiana Utility Forecasting Group projections. ** Three years only. $70 a year.
And here are our results, Solar panels funded solely by a $5,000 grant and $23,000 in energy savings recouped in six years. Savings Over Ten Years from Panels & Conservation exciting and Earth-friendly.
Energy Conservation while Solar Panels does the heavy lifting. bring the congregation on board…
Interested? Contact SeventhDayInitiative@gmail.com. Credit to Seventh Day Initiative