A Huge ‘Thank you’ to all who have contributed funds toward our long-planned Community Solar Array
Public concern about climate change and support for clean energy solutions has led to $31,300 being raised in a short time to fund the Shuswap Solar Energy Society’s long-planned community solar array. We thank all who have contributed.
The project is being called the ‘Hugh Tyson Community Solar Array’, honouring the memory of one of the Society’s Directors who died a year ago.
The Solar Array is a partnership between the Shuswap Solar Energy Society and First United Church. It will be built on the roof of First United Church and will provide First United with about 35% of its electricity needs. Debenture holders will receive an annual return-of-capital payment from the electricity cost savings offset by the solar array. We expect the debentures to be paid off by 2025 or earlier.
The Solar Array is a true community project in that 32 persons have given generously through debenture purchases or donations to help fund it. Having achieved our target, we are ending our fund-raising campaign with thanks.
The Solar Array will be built in mid-June by A+ Solar Solutions, a local company.