Community Solar Project Membership Meeting MONDAY, May 2nd, 2022
All, if you have not attended one of the two Solar vendor presentations we have had, or you did, and still have questions, PLEASE ATTEND THIS MEETING! The Board voted at our April 14, 2022, meeting to proceed with a PPA Solar agreement presented by Arvo Solar. Time is of the essence as PG&E is working hard to change its NEM (Net Energy Metering) plan, so the window is potentially closing on our ability to take advantage of the current NEM benefits. We had tried to look at solar for the Community a couple of years ago, but at that time, our financials did not support anyone approving us for this big project, but we are now approved, and also need to lock in the loan/interest rate before rates go up – so that is all part of why there is an urgency for this project. This PPA will bring a huge solar array (mini “power plant”) to The Oaks which will benefit every member with rates of .15 cents per kW for the energy we generate at our new solar plant, locked in for the duration of the 25 year contract, which is significantly less than PG&E current, and constantly escalating, rates (even if you are on CARE or Medical Baseline, the rate is significantly less). PG&E rates have gone up 9% as of March 1, 2022, and will continue to increase (went up January 2022, and another one planned for a total of 22% total in 2022, and another 22% increase being proposed for 2023-2026). The Solar field will be placed beside the RV Storage in currently unutilized space. We will not have any out-of-pocket expense for this project unless we decide, for some unknown reason, not to proceed after work has begun. This project is very large scale, but there is no foreseen way this is anything but a benefit to our entire community, it will leave more money in your pocket, but we understand questions and fear of the unknown, and we want to ensure you all have an opportunity to get those questions answered, so please come participate and we will be taking a voice vote at the meeting because having our Membership in agreement with the plans for your Community is of the utmost importance.