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P a g e 15 o f 20 <br /> <br />Other Unit of Impact: Please <br />describe here n/a <br />Each family will save <br />an estimated $26,280 <br />in electricity costs <br />over 30 years. For 10 <br />families, this is a <br />savings of $262,800 <br />total over 30 years. <br />Cost Per Unit of Impact n/a $0.63 spent per $1 <br />saved over 30 years <br />Other Unit of Impact: Please <br />describe here n/a <br />The benefit to local <br />community health of <br />the reduction in air <br />pollution is large but <br />unquantified. <br />Cost Per Unit of Impact n/a n/a <br /> (Please feel free to add rows if necessary, to show any additional units of impact.) <br /> <br />24. Please describe any avoided financial costs or savings related to the project and over what period <br />of time those costs will be avoided/reduced. Each family will save an estimated $73 per month on <br />average on their electricity bill, which translates to $262,800 for all ten homes over the 30-year <br />expected life of the rooftop solar panels. <br /> <br />25. Does your project accelerate or expand on existing programs that already show positive impact? <br />Project Drawdown, a collaboration of global scientists, ranks rooftop solar as the 10th most <br />important solution to climate change on a list of 100. In early 2021, Habitat will pilot its rooftop <br />solar program by installing solar panels on one of our new homes being built along Odie Street in <br />Hillsborough. For this initial project, Southern Energy Management is generously providing the <br />equipment at cost and donating their labor, bringing the cost of the system down to $6,500. Rotary <br />has successfully fundraised to cover the cost of this first installation. The homebuyer understands <br />the risks and benefits of the program and has agreed to participate. We now propose to expand <br />this program by seeking funding to install rooftop solar panels on ten Habitat homes over the next <br />two years. If positive impacts are demonstrated and additional funding can be secured, we hope to <br />accelerate this program with the eventual goal of being able to offer solar to all buyers of homes <br />on lots where it is a viable option. <br /> <br />26. Does your project also take advantage of other funding sources? For the initial solar installation <br />occurring in early 2021, we have taken advantage of funding from Rotary and donated labor and <br />material from Southern Energy Management. For subsequent projects, we hope that Southern <br />Energy Management or another solar provider will be able to offer us a substantial discount, <br />although likely not as large as for the initial pilot. In 2021, we will also apply for grant funding from <br />Rotary which could contribute to the project. We may solicit donations from donors with a <br />particular interest in solar. We will also pursue funding from Duke Energy’s solar rebate for <br />nonprofits program, but this opportunity is limited and not guaranteed. We will also look into the <br />possibility of federal tax credits for solar. <br /> <br />DocuSign Envelope ID: 0E2E518B-BEF7-4AF0-8D07-FCD05F094BD6