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describe here <br /> Cost Per Unit of Impact N/A <br /> (Please feel free to add rows if necessary to show any additional units of impact.) <br /> 16. Please describe any avoided <br /> financial costs or savings <br /> related to the project and over <br /> what period of time those <br /> costs will be avoided/reduced. <br /> The St. Joseph's CME Church Solar Project includes three expense line <br /> items: a partial roof replacement, solar equipment, and the required <br /> labor to install the solar equipment. The costs will be incurred on the <br /> date of the installation and the four months beforehand per the NC <br /> Solar Now payment schedule. The savings for the St. Joseph's CME <br /> Church will begin as soon as the project is operational and will accrue <br /> over the 25-year lifetime of the panels. The 23.4kW system is estimated <br /> to save the Northside Neighborhood over $80,000 in energy costs over <br /> the next 25-years. This figure is likely to increase given Duke Energy’s <br /> recurring rate hikes that make energy more and more expensive. <br /> By installing solar panels, the church will generate clean and renewable <br /> energy, which will offset the need for purchasing electricity from <br /> traditional sources. Over the project's lifespan, the Church will see <br /> reduced electricity bills and potentially even generate excess electricity <br /> that can be sold back to the grid. St. Joseph's CME Church will pay the <br /> reduced energy bill from Duke Energy. <br /> SolarEquity is slated to pay for 100% of the upfront cost of the project; <br /> hence, St. Joseph's CME Church will immediately see financial benefits. <br /> The upfront funding will come through grants and donations. Solar <br /> panels generally require minimal maintenance and have a long lifespan. <br /> The church will be responsible for the maintenance of solar equipment <br /> but will be able to fall back on their relationship with NC Solar Now to <br /> streamline the process. <br /> This large 23.4kW solar array will also cover a significant portion of the <br /> roof. The part of the roof covered by the array will wear less quickly <br /> and remain intact for considerably longer than the exposed portion of <br /> the roof. After consulting the Church’s structural makeup, the weight of <br /> the panels will not place an undue burden on the supporting beams. <br /> Page 17 of 28 <br />Docusign Envelope ID: 257985C7-FC41-4937-8E64-B610C38DBA58