Does your church, school, non-profit or town want to reduce its electric bill, while making the planet a better place? The Oregon Clean Power Co-op can help you do just that.
Here’s how it works:
- The solar panels are installed on your roof or property, but paid for by the Co-op. Your organization pays nothing. The Co-op owns the equipment, which produces electricity from the sun.
- Your organization buys the power the solar panels produce, at a rate that’s usually between 10% to 15% lower than your current utility rate (the exact rate will vary by project).
- The Co-op raises the money to build the project through loans from its members, many of whom may be members of your community. Companies, banks and organizations may invest as well, although they cannot be voting members of the Co-op.
- Any Oregon resident can become a member of the Co-op, so funding could come from anywhere in the state. The Co-op will publicize your project to its members statewide, and help you get the word out about it in your community.
- When your project is fully funded, the Coop will manage the design and installation process, using knowledgeable solar installers, typically Energy Trust of Oregon Trade Allies, who are able to maintain it once it’s installed. All Coop projects benefit from the Co-op’s in-depth knowledge of the solar industry, and our ability to negotiate the lowest possible price for solar panels and other components.
- After the Co-op members have been paid back, your organization will be able to purchase the equipment at fair market value. Once you own the equipment, you pay nothing for the electricity. The solar panels the Co-op uses are warrantied for 25 years, and with no moving parts, will likely last much longer than that.