Explanation
BACKGROUND: This ordinance authorizes the City Clerk to enter into a grant agreement with Partners Achieving Community Transformation in support of the Impact Solar pilot.
The Impact Solar- PACT Residential Pilot is bringing low-cost rooftop solar to ten homeowners in the Near East Side neighborhood. The Program was designed and is being implemented by Community Renewable Energy, Clean Energy Ventures (a nonprofit of the Columbus Partnership), and the nonprofit Partners Achieving Community Transformation (PACT) for ten (10) income eligible homeowners on the Near East Side of Columbus. The program is piloting solar for income eligible homeowners using a PPA model that allows the homeowners to receive free installation of solar and a reduced price on their energy for six years, after which they receive ownership of the system and the power it generates at no cost. The pilot program has received funding from Fifth Third Bank and the Columbus Region Green Fund but has a small gap remaining to complete the 10th installation.
The requested funds are for project costs only, material and labor, to install a solar facility on an income eligible home on the Near East Side. Nine of the 10 homes have received their solar and one final family still remains from the initial families that signed up for the pilot program. The requested grant will allow the cost of the energy to reduce even further for the homeowner increasing their electricity savings. The success of the program is measured in solar kw installed in the community, jobs created, CO2 offset and reduced electricity costs for East side neighbors.
EMERGENCY DESIGNATION: Emergency action is requested in order to avoid any further delays in the progress of the project. Awaiting standard effectiveness means that the project may extend into months of inclement weather, this further jeopardizing project completion.
Fiscal Impact: Funds are available within the Neighborhood Initiatives subfund.
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