79 Hiawatha Road, Toronto, ON M4L 2X7 Canada 416-686-6809
We celebrated our solar project ground-breaking on June 6, 2010!
We live in a time of global warming and are witnessing the beginnings of environmental changes which may soon be irreversible, putting our survival and that of other life forms on our planet in peril. The evidence is now overwhelming that the burning of non-renewable hydrocarbon fuels is at the root of this impending crisis.
As members of the Neighbourhood Unitarian Universalist Congregation, we have a responsibility to help resolve these problems, as we are able. Fortunately, the government of Ontario has recently increased its subsidies for power generated from renewable sources. This makes it feasible for us to generate electricity from solar panels on the roof of our building.
We also intend to conserve energy by insulating the roof of our building, retrofitting our lighting and electrical controls and taking other measures to reduce consumption.
By doing these things, we can create a model for other organizations to follow, contribute to the greening of our local economy, and put into practice our 7th Unitarian Universalist Principle: “To promote and affirm the interconnected web of existence of which we are a part.”
The Neighbourhood Solar Project
We will be installing a photovoltaic (PV) system with a total power capacity of 20.91 kW on the south-facing roof of our building.
There will be 100 Sanyo PV modules, with a capacity of 200 watts each, grid tie inverters to link the system to the electronic grid, and SolarVu software to monitor the operation and output of the solar array. The electricity produced will be sold at the renewable energy feed-in-tariff (FIT) rate of 71.2 cents per kilowatt hour, guaranteed by the Ontario Power Authority under a 20-year contract. (We will continue to buy power for our own use at the standard rate, currently about 12 cents per kWh).
The solar array can be expanded to 43 kilowatts in the future, if desired. The modules are guaranteed for 25 years, but could last as long as 50. Solar photovoltaic energy systems require little or no maintenance other than an annual inspection and cleaning.
Total installed cost will be about $220,000.
Each of us can play a part.
You can help to ensure the success of this ground-breaking initiative with your donations and investments.
Half of the $220,000 cost of the installation will be covered by an interest-free loan from the City of Toronto. The other half will be raised through donations and the issuing of debentures to friends and supporters.
We are issuing 110 debentures for $1000 each at 5% interest paid annually. They can be held for up to 20 years, but NUUC reserves the right to redeem them at any time prior to maturity by paying the principal back to the holder, together with any interest owing.
If you wish to further support our solar initiative, you may also choose to donate the $1000 principal to NUUC at some time prior to maturity in return for a receipt which will qualify you for an income tax credit. With the interest you will already have received, and the income tax credit you will receive for donating the principal, you can give $1000 of support to this project at little or no cost to yourself.
Loans and debentures will be paid back from the proceeds of our sales of solar electricity to the grid.
To make a donation, purchase debentures or get more information, contact our church office at 79 Hiawatha Road, Toronto ON M4L 2X7, (416) 686-6809 or firstname.lastname@example.org; or talk with the Chair of our Greening Committee, Rick Salay, at (416) 686-4173 or email@example.com.
Global warming is
a huge problem,