Legacy Solar Co-op and Trinity Lutheran Church, 1901 Winnebago Street, started working together on solar and LED energy savings in 2014. Our project on the south facing roof of this beautiful limestone church located on the corner of 1st Street and Winnebago in the Atwood neighborhood of Madison’s east side.
Blessings and celebrations
On the Winter Solstice in December of 2014, Trinity Lutheran’s solar array received official blessings from Bishop Mary Froiland and the Reverend Susan Schneider, as those attending service that Sunday morning, walked across the street and bestowed blessings on their church’s new solar array.
It was a very enlightening solar experience for those of us who joined in this ceremony. There was coffee and treats in the fellowship hall afterwards, and Kurt Reinhold answered questions about the solar and LED lighting project.
Solar bonds have helped secure this solar project. Solar bonds through Legacy Solar Co-op can either be cashed in after 7 years or they can be donated to Trinity Evangelical Lutheran Church at any time as a tax-deductible donation. The church is currently sharing the energy savings (over $3,000 a year kept by TLC), but the more bonds the Church owns, the more energy savings they get to keep for their own parish’s budget. It’s the first community solar garden in the Atwood neighborhood!
Project Vital Statistics:
- 20 kW solar on roof;
- $12,000 energy efficient lighting upgrades in church;
- Project energy savings so far exceed 75,000 kWhs
- Savings so far alleviated over 120,000 pounds of CO2 emissions
- Water conserved by reducing fossil fuel use exceeds 1.5 million gallons
- Over 900,000 kilowatt-hours of savings still to come under warranty of solar panels
Slice-of-Sun Solar Bonds
Legacy Solar Co-op sells Slice-of-Sun Solar Bonds to any member who would like to support this project and earn between 3% and 5% interest on their bonds purchased through the co-op.
You can buy Slice-of-Sun Solar Bonds today for as little as $250. Or you can sponsor as many full panels as you’d like for $500 each. There are 78 solar panels on this church available for purchase (by buying bonds) or donation (to increase the church’s energy bill savings).
The two rules for purchasing a solar bond
You must be:
- A member of the Legacy Solar Cooperative, and
- A Wisconsin resident.
These are required to comply with State and Federal Statutes governing this type of business transaction. Becoming an equity member of the Legacy Solar Co-op means you are an owner of the Co-op, and qualify to buy bonds issued by the Co-op to serve the Co-op’s business interests. These interests lie in developing more and more solar projects to serve our members and share in the energy and environmental savings that come with solar and energy efficiency.
Ready to get started?
You will find more information and instructions. If you have any questions at all, please contact us.