Nonprofit + Solar = Savings for Temple Israel

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Project Profile

“We felt that Energize NY PACE financing was the most cost effective way to finance our new solar system. Without PACE, we would have had to run a huge capital campaign to afford this project. PACE enabled us to meet both our fiscal responsibilities and social justice mission by facilitating this solar installation.”

--Glen Wolland,
President of the Board, Temple Israel of Northern Westchester


Amount Financed: $163,700
Term: 20 years
Interest Rate: 5.27%
Financing Cost: $13,500/yr

Electric Use Offset: 99.6%
Annual Average Net Cash Flow To Owner: $3,500 yr


Temple Israel's is project is a 56.4 kW roof mounted solar electric system that generates 70,400 kWh of electricity per year to power the multi-purpose religious facility. 

The 25,545 sq ft facility was built in 1938. It includes a sanctuary, classrooms, nursery school, offices, kitchen and meeting spaces. 


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