NH Solar Shares Receives Grant from NH Renewable Energy Fund

NH Solar Shares Receives Grant from NH Renewable Energy Fund

 – Revision Energy will build the inaugural PV array

Plymouth, NH:  NH Solar Shares announced today that the NH Public Utilities Commission selected their proposal to fund – in part – the installation of a 28.8kW solar PV system to be located adjacent to the Frosty Scoops Ice Cream Stand in Plymouth on spaced donated by the Common Man Family of Restaurants.   On Wednesday, June 20th, the NH Executive Council voted unanimously to support NH Solar Share’s project in Plymouth.  The grant award to NH Solar Shares will be in the amount of $86,721 and funded with monies from NH’s Renewable Energy Fund. 

“This is a huge boost to our fundraising effort”, said Sandra Jones, Manager of NH Solar Shares and Director of the Plymouth Area Renewable Energy Initiative. “We will break ground in September and complete this – our inaugural Solar Shares’ project by the end of October, 2018.”

NH Solar Shares has contracted with Revision Energy of Brentwood, NH to install and maintain the solar equipment. “Revision is excited to be working with Sandra with NH Solar Shares and the New Hampshire Electric Cooperative on New Hampshire’s first solar project to directly benefit our low income neighbors. We see this as a great start to a trend we hope will continue throughout the state … to make more clean, renewable energy accessible to everyone.” said Craig Cadieux, Employee-Owner, Revision Energy Solar Designer.

The solar energy produced will provide 10 income eligible households in NH Electric Cooperative service territory with a monthly solar share credit on their bill. These shareholders will be in the program for two years with the added goal of becoming an energy champion –one how is willing to learn and share information about solar energy, energy conservation and how clean energy helps our environment.  Shareholder outreach and recruitment will begin soon.

In 2017, NH Solar Shares was awarded a $75,000 CDFA Business Tax Credit Grant which allows businesses to target a portion of their NH BET and payroll taxes to support the Solar Shares’ effort.  “We owe a big thanks to all of our business sponsors including Northway Bank, Common Man, Dunkin Donuts, EVP Marketing and Media, Mauchly Electric, M.E. Latulippe Construction Inc., Pemi Tree Works and Revision Energy. We hope more local businesses will take part in NH Solar Shares, with a donation of any size” said Jones. There is still room for more businesses to pledge their support via the tax credit program by June 30, 2018. Please visit:  www.nhcdfa.org/taxcredits/current-projects/

Interested donors, volunteers, and families wishing to participate should contact Sandra Jones, NH Solar Shares, PO Box 753   79 Highland Street   Plymouth, NH 03264; 603-536-5030 sandra@plymouthenergy.org For more information visit www.nhsolarshares.org   NH Solar Shares LLC is a wholly owned subsidiary of the Plymouth Area Renewable Energy Initiative – a 501-C 3 Not for Profit Tax Exempt Charitable Organization.