About the Project:

St. Peter’s Episcopal Church is a vibrant and growing congregation in the middle of the Montgomery County Agricultural Preserve. Being situated in Poolesville they enjoy the quiet and beauty of the lands, while remaining a part of the energy and vitality of the Washington metropolitan region.

St. Peter’s Episcopal Church is installing 76.05 kW of solar PV energy on the roof, which will produce 85,564 kWh of clean, renewable solar energy throughout the first twelve months of use. Over the next 20 years, the solar PV, which will be installed by Lumina Solar, will avoid the consumption of 1,711,280 kWh of energy not sourced from the local utility provider, mitigating 1,212 metric tons of carbon dioxide, greenhouse gas emissions. These energy savings will lead to a projected savings of $135,540 over 20 years in reduced electricity bills for the building.

Financing Details

The solar project will be financed through a 20-year power purchase agreement between Skyview Ventures and St. Peters’ Episcopal Church.

Montgomery County Green Bank’s Role

The Commercial Solar Power Purchase Agreement (CSPPA) program developed by the Montgomery County Green Bank allowed St. Peter’s Episcopal Church to install solar and experience the benefits of solar without upfront costs through a no money down rental agreement with Skyview Ventures. In this PPA, or rental agreement, Skyview Ventures pays for all maintenance and operations costs, while St. Peter’s Episcopal Church only pays for the electricity produced by the solar system at a contracted price that is less than the current electricity costs from the utility provider.

The Montgomery County Green Bank has been working closely with Interfaith Power & Light on helping faith communities go solar. See ipldmv.org/solar for more resources from Interfaith Power & Light, including a map of existing faith communities with solar and a recording of an info session on solar for faith communities.

Project Snapshot

Building Type:

St. Peter’s is an Episcopal Church located in the middle of the Montgomery County Agricultural Preserve.

Property Upgrade Summary:

Installation of a 76.05 kW rooftop solar PV system by Lumina Solar.

Loan Amount:

The loan from the Green Bank to Skyview Ventures totaled $122,871 towards a Commercial Solar Power Purchase Agreement (CSPPA).

The CSPPA program allows building owners to experience the benefits of solar energy with no out-of-pocket costs and without the burden of owning and maintaining a solar PV system.