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Page 11 of 21 <br /> <br />projects because they met a strict financial standard: no additional money down (beyond the Duke <br />Energy solar rebate) and annual lease payments that are less than the total energy cost savings. This <br />standard essentially makes these projects revenue neutral in year one. The Cane Creek Reservoir <br />project is a much larger system; because it could not meet this standard, it has been delayed <br />indefinitely. Without Orange County Climate Action funding, the project will not likely move <br />forward. Unfortunately, in delaying this project, we risk losing the potential to use a $75,000 Duke <br />Energy solar rebate. Moreover, we miss out on an estimated 120 metric tons of greenhouse gas <br />emission reductions every year. <br /> <br />12. Please select the jurisdiction(s) where your project is focused and briefly state how your project <br />aligns with the relevant Climate Action Plans (no more than 2-4 sentences). <br />☐ Carrboro: https://townofcarrboro.org/928/Community-Climate-Action-Plan <br />☐ Chapel Hill: In progress, please refer to the website to show alignment. <br />☒ Orange County: In progress, please instead show alignment with the Orange County BOCC Goals <br />and Priorities. <br />☒ North Carolina: Clean Energy Plan <br />o Zero Emission Vehicle Plan <br />o Motor Fleet Zero Emission Vehicle Plan <br />o Clean Energy and Clean Transportation Workforce Assessment <br /> <br />• Orange County: This project will contribute to the following goal, particularly as it promotes <br />clean air and sustainable energy - Create, preserve, and protect a natural environment that <br />includes clean water, clean air, wildlife, important natural lands, and sustainable energy for <br />present and future generations <br /> <br />• North Carolina: This project contributes to the following goals: Reduce electric power sector <br />greenhouse gas emissions by 70% below 2005 levels by 2030 and attain carbon neutrality by <br />2050. Accelerate clean energy innovation, development, and deployment to create economic <br />opportunities for both rural and urban areas of the state. <br /> <br /> <br />Collaborators and Partners <br /> <br />In some projects, collaborators and partners provide essential capacity and connections. If collaborators <br />or partners are an essential part of your project whether or not they are receiving grant funds, please <br />use this section to provide more details. If you are not working with collaborators or partners, please <br />feel free to write N/A in this section and move to the Social Justice and Racial Equity section. <br />13. Please describe one to three key partnerships/collaborations that add the most value to the success <br />of the proposed project. <br /> <br />This project will serve as an example for public entities looking for public-private partnerships to <br />advance clean energy projects. OWASA has already invested $20,000 for the design of the Cane Creek <br />Reservoir Solar PV system. Eagle Solar and Light has structured an innovative 25-year lease that makes <br />OWASA’s annual lease payments very close to energy cost savings starting in year one, assuming a <br />$170,000 down payment. Duke Energy has committed to a $75,000 solar rebate subject to project <br />completion. <br />DocuSign Envelope ID: 6F2DEF91-DA4B-449D-8062-2F5319D9C9CC