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Neighbourhood Unitarian Universalist Congregation
We live in a time of global warming and are witnessing the beginnings of environmental changes which may soon be irreversible. As members of the Neighbourhood Unitarian Universalist Congregation, we have a responsibility to help resolve these problems, as we are able. Fortunately, the Ontario Power Authority has recently revised and increased the rates it pays for electricity produced from renewable sources. With a feed-in tariff contract paying 71.3¢/kWh it is now financially feasible for us to generate electricity from solar panels on the roof of our church. You can Invest in Solar Power! Here's how: We will be installing a photovoltaic (PV) system with a total power capacity of 20.91 kW on the south-facing roof of our building. Half of the $220,000 cost of the installation will be covered by an interest-free loan from the City of Toronto. The other half will be raised from donations and by issuing debentures to friends and supporters. We are issuing 110 debentures for $1000 each at 5% interest paid annually. They can be held for up to 20 years, but NUUC reserves the right to redeem them at any time prior to maturity; holders may also choose to donate the principal at some point in return for an income tax receipt. To make a donation, purchase debentures or get more information, contact our church office at 79 Hiawatha Road, Toronto ON M4L 2X7, (416) 686-6809 or office@nuuc.ca; or talk with the Chair of our Greening Committee, Rick Salay, at (416) 686-4173 or rsalay@sympatico.ca. Global warming is a huge problem, but it is not insurmountable. This is an opportunity to take concrete action right now in the community! |
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