Community Renewable Investment & Development Fund
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Utility bills take a huge chunk out of your operating budget. High power requirement for lighting, heating, cooling, computers, amplifiers, etc. With
increasing electricity costs, your energy cost also grows. Installing solar
panels will save you money on utilities. Freeing up your operating budget
for other essential community welfare projects, outreach missions, etc.
Generate your own electricity from the sun that God created for us!
Earn money toward paying off your solar system through referral fees. If any congregation member would like to save money on their electricity bills, and they decide to invest in a solar installation, Route 66 Solar will give you $500 once their solar system is installed and connected to the grid.
Many business owners do not realize it, but commercial electrical power is a commodity. It's bought and sold based on supply and demand. When you draw from the power grid, you're subject to current market forces and user rates. You're not protected from future costs.
That's because futures are unpredictable.
As a business owner, one of your highest overhead costs facing you is the cost of electricity. Being reliant on the commercial power grid also means you're subject to electric rate fluctuations. Sudden price increases add uncertainty to your business, especially to your cash flow management.
Perhaps it's time to lessen the load and see how your business can benefit from installing solar panels. There are incentives for going solar and you'll receive a great return on your investment over time.
We know your business is your most important investment, so we never subcontract our work. Most importantly, we provide 24/7 monitoring to ensure your PV installation delivers all the benefits you deserve.
We are forming a community investment fund to build renewable energy farms.
Our partner develops community solar projects in the USA, emphasizing small to mid-size
initiatives that empower local communities through a Decentralized Finance (DeFi) project funding model to fund Agrisolar farms. This innovative approach allows community members to collectively own and benefit from the solar farms, rather than large corporations or power companies.
As of August 2023, Illinois has 121 solar farms already operating with a current capacity of
875 MW and a current electricity generation of 5,44,136 MWh. In Illinois, the average
solar farm size is 50 acres, producing 9MW of electricity under ideal conditions.
So, a solar farm in Illinois needs an average of 5 acres per MW of capacity.
The latest push in Illinois is to add solar energy to the grid to increase the state’s footprint of renewable energy. The state’s goal is to require 25% of retail electric sales be from renewable
sources by 2025. Utility-scale solar is the fastest growing power source in the U.S., more than
doubling in the last three years. Power companies built more solar farms last year than ever
before, and they’ll likely hit another record expansion this year.
The increase in solar energy means solar farms and traditional farms are vying for some of the same acreage. The competition for land comes at a time when farmland is already losing one to two million acres a year. Now solar farms are a small but growing use for those fields. One answer is agrivoltaics – the idea that production agriculture can coexist with utility-scale solar power.
According to the Institute for Energy Research, solar energy is depleting farmlands of
their rich soils in the U.S. Midwest. The solar industry is moving into the U.S.
Midwest, drawn by cheaper land rents, access to electric transmission,
massive federal and state incentives, and the region’s wide-open fields.
Reuters based findings on an analysis of federal, state and local data, hundreds of pages of
court records; and interviews with more than 100 energy and soil scientists, agricultural
economists, farmers and farmland owners, and local, state and federal lawmakers.
According to some agricultural economists and agronomists, taking even small amounts
of the best cropland out of production for solar development and damaging valuable
topsoil impacts future crop potential in the United States. According to the U.S.
Environmental Protection Agency and the Justice Department, common solar farm
construction practices, including clearing and grading large sections of land, can lead
to significant erosion and major runoff of sediment into waterways without proper remediation.
Farmers are leasing land in the Midwest for solar development as the industry moves there due
to the government’s massive subsidies, and the area’s cheap rents, access to transmission and
wide-open spaces. While the leases provide for damage control, the land is being depleted of its
rich topsoil as the solar developers builds their roads and other infrastructure.
Solar power is just one more industry that is removing important farmland from
production by offering much higher rents for the land than farmers can afford to pay.
Who says a solar farm needs to be out in a farmer's field? Why take away vital, rich
Illinois farmland and cover them with solar panels for the next 35 years or more?
Why couldn't we build Urban Renewable Energy Farms? It's better than a farmer's field.
Brown space, or brownfield land, consists of land that is in transition in some way, such as wasteland or derelict open land. Grey space includes open spaces that have hard and impermeable surfaces, such as civic squares, buildings, car parking lots, and other areas of public realm.
One of the reasons Illinois farmlands are being gobbled up for solar farm development, each farmer only has so many acres of land, once a project reaches capacity, they must build a new one.
Building an Urban Energy Farm gives us almost unlimited space for development.
Upgrading commercial and residential buildings with solar and other technologies.
Solar farming can be profitable, with average returns of 10-15% annually.
Initial setup costs range from $800 to $1,200 per kW of capacity while operating
costs are typically low. Revenue depends on local energy prices and solar
irradiance levels. While the initial setup cost can be high, government incentives
and falling equipment prices are making it easier for investors to jump in.
Our partners have an innovative program empowers farmers by providing them with access to Agrisolar technology, enabling them to generate additional income from solar energy production while diversifying their crops. By combining agriculture and renewable energy, the program addresses key challenges such as food security, poverty alleviation, and environmental sustainability.
Research indicates that growing many types of crops beneath solar panels can
actually, grow better, stronger, and longer under the protective covering of the solar panels.
Add high value crops to grow under your Agrisolar farm makes all the difference that can
easily triple your income in the right geographical area.
Our goal is to bring power, profits, and jobs back to the people who live and work in their local communities. Don't worry, you don't have to know a thing about building a solar or renewable energy farm. Our experts have those aspects covered; we are simply crowd-investing to finance up-coming projects. Community Investors can collectively own and benefit from new farms WE develop.
Solar farms can generate significant revenue over their lifetime.
A 1 MW solar farm can potentially earn around
$40,000 to $80,000 annually from electricity sales,
depending on local energy prices and production efficiency.
The return on investment (ROI) for a solar farm typically begins after the initial costs are paid off, which usually takes five to ten years.
Some community solar farms lease land to developers for
quicker returns, despite lower ROIs due to leasing fees.
After the building costs are paid off, the farm continues to generate revenue for its operational lifetime, which is usually 25-30 years.
Crowdfunding Community Renewable Energy Projects
can be a good investment at $30 per month for the first 10-years.
Think of it as a second retirement account, but unlike your retirement account, this can start paying you dividends in as little as 10 years.
Roughly 10%-15% of your investment is typically the ROI per project.
A 1MW solar power plant is capable of producing enough electricity to power approximately 200 homes for a year, depending on the location and weather conditions. Generally speaking, for every megawatt (MW) of solar power you aim to generate, you’ll need anywhere from 5-10 acres of land using practices that are mainly being implemented currently.
I seriously doubt all this land was once brown space, or unusable.
There is a better way to harness the energy desired
while protecting rich Illinois Farmland
and the crops that are vital to us all.
Join with us today!
For starters, build up instead of out.
Using far less acres of land to harness the same amount of energy.
Stop focusing on harnessing just one energy source!
Solar and wind energy can produce a consistent source of electricity throughout the year, with the strengths of each resource balancing the other's weaknesses. As production from one resource dwindles daily or seasonally, the other begins to pick up the slack with more generation.
There are plenty of other forms of energy generation beyond solar and wind. Hydropower, geothermal, tidal, and mechanical generation.
In addition, we build in Urban development areas. That way we are also generating the power where the people who use it are. We won't lose so much in transmission getting the electricity from the farm to the people.
Solar Farm projects are being built at lightning speed across Illinois.
Each project could have its own set of investors seeking ROI.
Once that project runs out of capacity, a new one begins.
Often times, being funded by the same Wallstreet investment groups.
What benefits do you get out of it? Unless you are a community solar customer...none! As a matter of fact, often times you are helping pay for the development of these solar farms, by paying higher rates for your electricity, because your utility company is an investor in these projects.
Now Main Street can invest in our own renewable energy projects
through crowd-investing. Where we collectively own and benefit from the solar farms, rather than large corporations or power companies.
Become a Crowd-Investor. Join Us Today!
Do you have land that could be the host one of our future renewable energy farms?
Keep more of your land for
farming and benefit as a project investor
when you partner with us.
Who says solar farms need to be
limited to a farmer's field?
South facing sides of commercial buildings
are perfect for a solar host location.
Partner with us today.
We can upgrade parking lots for
commercial buildings, apartment
buildings or other facilities.
There are plenty of options beyond farmland!
Partner with us today.
By our calculations, we only need 25,000 community investors at $30 per month, with a 10-year investment term in order to begin project developments. We are not the only development company on the block, and we will be competing for the same land as the Wallstreet investors, large corporations and power companies.
We would be more than happy to hold meetings over the phone, in person, zoom, Google or using similar platforms. Let's discuss your fundraising needs and how you can become a part of our Renewable Community Investors Program.
Jerry Rothenberg
Solar panels can help you experience long-term savings in the form of lower electric bills. When you install solar panels on your home, you have the potential to achieve energy independence, which means you aren’t solely reliant on the traditional energy grid to power your home.
Residents and businesses in Illinois have around 341 solar companies to choose from. When shopping for a solar installer, you should compare quotes from multiple companies and research their financing options, warranty terms, products, and other important factors.
Don't get suckered by high-pressure sales tactics!
If you are looking into Solar as a viable option for your home,
don't get ripped off. Let our experts help you facilitate the
process and get the best bang for your buck.
Can't afford to go solar? Are you on a government assistance program like social security, EBT, or even section 8 housing vouchers?
In 2016, the Illinois Legislature passed the Future Energy Jobs Act (FEJA) with bipartisan support. The legislation includes strategies to make solar energy more accessible to low- and moderate-income communities through community solar projects, rooftop solar, and brownfield solar. Through the Illinois Shines program, the legislature created opportunities for citizens to have access to solar energy without putting solar panels on their roofs.
Vital-Funds can help you switch to Community Solar. Project
availabilities are sometimes limited and there could be a waiting list.
Most companies use sleek double black panels to compliment your home's aesthetics.
We can help schools add a few commercial
Level 2 or 3 EV charging stations.
It will help you earn extra revenue
and be better prepared to serve
future generations of students to come.
During non-school hours/non-peak season,
you can even offer public EV charging,
increasing your possible revenue.
Students across the U.S. are actively committed to a more sustainable electric future—and they expect their schools to support the energy transition. Fully one-third of Gen Z vehicle owners surveyed by West Monroe state that they own an electric vehicle, and 72% of Millennials plan to purchase an electric car
for their next vehicle.
Beginning July 1, 2022, and continuing as long as funds are available, the Illinois EPA will award rebates or grants that cover up to 80% of the cost of installing Level 2 or Level 3 charging stations at public and private organizations and companies.
Through Illinois Solar Renewable
Energy Credits, schools installing solar arrays are eligible to have 50%-90%
of the total costs covered.
As described by the IPA, school districts
can apply for Illinois Shines to receive
state incentives for installing solar.
Schools can now claim clean energy
tax credits on a "direct pay" basis,
which can cover 30% to 50% of solar costs.
Savings with Net Metering. Starting
January 1, 2025, net metering benefits
for new renewable energy customers
in Illinois has changed.
The primary change is new net metering customers will receive only supply and transmission service credits for excess generation pushed to the grid. This change will still allow new net metering customers to receive reduced bills from Ameren due to their generator's output replacing the electricity they would have otherwise pulled from Ameren's system.
Let us help you organize your next fundraiser and maximize your fundraising profits!
Vital-Funds - Jerry Rothenberg
Founder of Vital-Funds. Registered Agent with Route 66 Roof and Solar and Solstice Energy Community Solar Program
Get Started Today! jerry@vital-funds.com
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