Kurt Reinhold, 10/23/18
The fall season is bringing with it lots of excitement for LSC and our members for project development. We have the following projects either being built right now or in the process of signing contracts to be built in the coming months. Most of these are fully capitalized, but we will let you know when we need an infusion of bond assistance from our members to close the year’s project loans.
- City of Beaver Dam. Member North Wind Renewable Cooperative of Stevens Point just started working on City Hall this week and will start next month on the Watermark Center, and together with LED retrofits for the former, will complete over 200 kilowatts of solar and save over 279,000 kilowatt hours a year!
- VFW #8483 Truax-Longmire (Madison). Member Midwest Solar Power of Madison is also starting this week to install 40 kilowatts of solar atop this VFW post and should be completed by mid-November. Our Co-op helped finance $25,000 worth of this project — thank you to our bondholders — plus helped the VFW apply for (& receive!) RECIP and Solar 4 Good grants.
- Sawyer County Housing Authority (Hayward). Member Carlson Electric of Hayward is starting construction on solar arrays that will cover 6 separate buildings with interconnections feeding individual residences for this low-income housing non-profit. The total wattage for these projects will be over 175,000 kilowatt-hours of clean and quiet solar energy for 52 families in Sawyer County.
- Humane Society of Burnett County (Webster). Carlson Electric is also going to built a ground-mount system for this wonderful shelter and education center. The system will be 19 kilowatts in size (58 pv modules x 340 Watts each) and help offset over 50% of the center’s annual electrical use.
- Bethel Horizons (Dodgeville). Member WES Engineering of Madison will be sponsoring and installing this project that will cover 2 buildings with 20 kilowatts each. The Prairie Center and the Venture Arts Retreat Center will each be generating about 50% of their own power for their electrical needs at these two sites. Our Co-op will be making over $30,000 in loans to this project to help make it more financially sound for all parties.
There are 4 other host site clients that may be signing contracts in the next week or so. We will feature them in the next e-Newsletter. Thank you all for your membership, your readership, and your support in purchasing bonds that help finance and make these projects happen! See you next month. Until then,