Repower Two
Figtree Anglican Church + Nowra City Church
Now 100% FUNDED (23/6)
Repower Two Pty Ltd is a community solar project comprising of 2 x 15kW solar power systems installed on the roof of two local churches. This is the first faith based organisations in Australia to install solar power using our innovative community investor model.
The Project
Financial benefits
On top of their original investment amount, investors are forecast to receive an average cash return of 6.5% per annum over 10 years.
On top of their original investment amount, investors are forecast to receive an average cash return of 6.5% per annum over 10 years.
Community and environmental benefits
Your investment allows local organisations to access solar power without the capital cost, improving their financial resilience so that they can better serve their local community. The project is forecast to save on their electricity costs during the contract term with higher savings kicking in once the project ends.
Your investment allows local organisations to access solar power without the capital cost, improving their financial resilience so that they can better serve their local community. The project is forecast to save on their electricity costs during the contract term with higher savings kicking in once the project ends.
38 tonnes of CO2 savings per year - the equivalent to 3500 barrels of oil left unburnt over the lifetime of the technology. Reduced customer carbon footprint by up to 25%.
Local suppliers and installers are used, strengthening our local solar sector and providing local income and jobs.
Repower Shoalhaven will receive project development funds to enable us to develop more local community solar projects.
Project Locations
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Nowra City Church
167 McMahons Rd, North Nowra |
Figtree Anglican Church
4-10 Gibsons Rd, Figtree |
