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P a g e 17 o f 22 <br /> <br />[(102,700*$0.03)+(102,700*$1.40)] = $146,861/year. The <br />avoided costs will occur over the solar photovoltaic system’s <br />lifetime of approximately 25-30 years, although the panels will <br />lose some efficiency over time. <br />Source: Wake Electric Membership Corporation, <br />https://wemc.com/avoided-cost-value-of-solar/ <br />25. Does your project accelerate <br />or expand on existing <br />programs that already show <br />positive impact? <br />The project will provide benefits to a building that will provide <br />many resources to the community. <br />26. Does your project also take <br />advantage of other funding <br />sources? <br />The building will be funded by the Town of Carrboro and <br />Orange County. <br />27. Would your proposed project <br />help you to take advantage of <br />funding from other sources <br />besides this grant in the <br />future? <br />Yes, the building will be designed to incorporate sustainable <br />features, including the green roof and a solar photovoltaic array. <br />28. Please describe any other <br />aspect of your project that is <br />relevant to the efficient use of <br />grant funds: <br /> <br /> <br />Criterion 4 - Capacity of Applicant <br /> <br />29. Please describe any projects <br />that you have completed <br />successfully in the past which <br />are similar to the project you <br />are proposing: <br />The Town partnered with Carrboro Community Solar and the <br />Appalachian Institute for Renewable Energy in 2012 for a 5 kW <br />solar electric system in Town Commons. <br />30. If you are proposing to <br />collaborate with other <br />organizations on this project, <br />please briefly describe their <br />relevant experience to the <br />project and/or the target <br />population: <br />The Skills Development Center enhances the lives of adults with <br />developmental and intellectual disabilities. WCOM radio <br />broadcasts and distributes high-quality educational, cultural, <br />music, news, talk, or public affairs programs. The Orange <br />County Public Library provides a broad selection of print and <br />non-print materials; research databases; online services; and, <br />public access to computers and free Wi-Fi. They host diverse <br />programming to support literacy and learning at all stages of life. <br />The Town’s Parks, Recreation, and Cultural Resources <br />Department serves all Carrboro communities. <br /> <br />31. Please describe any other <br />relevant expertise or capacity <br />to carry out the project in your <br />application: <br />The Town has received federal grants in the past to create an energy <br />efficiency revolving loan fund through the WISE (Wise Investments <br />Save Energy) Program <br />DocuSign Envelope ID: 08DD74BE-CE96-4D90-9C72-8BD18C25E2E7