INVEST IN NEW HAVEN COMMUNITY SOLAR TODAY!
Maximum Number of Shares Offered subject to adjustment for bonus shares
Maximum 35,666 Non-Voting Member Units ($106,998)
Minimum 3,333 Non-Voting Member Units ($9,999)
|Company||New Haven Community Solar, LLC|
|Corporate Address||206 Elm St, PO Box 203882, New Haven, CT|
|Description of Business||New Haven Community Solar (NHCS) is financing a 9.24 kW community solar project located in New Haven, Connecticut which plans to provide cheap renewable energy for residents of a house built as part the Jim Vlock Building Project.|
|Type of Security Offered||Non-Voting Member Units (the "Securities")|
|Purchase Price of Security Offered||$3|
|Minimum Investment Amount (per investor) ||$300|
$999 — If you invest $999, you will receive a piece of commemorative swag.
$1,998 — If you invest $1,998, you will receive a piece of commemorative swag, and you will be invited
to the Columbus House open house day when the project is completed!
*All perks occur after the offering is completed
Irregular Use of Proceeds
The Company will not incur any irregular use of proceeds outside of the short-term debt obligation noted above. The Company may use some of the proceeds to repay the related party short-term debt note detailed above, at the discretion of the managers. The company will however use all of its proceeds to further the sustainable development of the Columbus House, the people it serves and the building of trust and knowledge in community solar, improved air quality, and better public health, well-being and wealth.
Great news! We have received approval from the local utility, United Illuminating, to install the solar array on the Button Street house. This is the first step toward connecting the project to the grid, and allows us to proceed with installation later this month.
[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the New Haven Community Solar offering. Here's an excerpt describing the specifics of the change:
Issuer has made material updates to their offering which includes but is not limited to use of proceeds, risk factors, deadline date, and the description of business.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
New Haven Community Solar has signed a contract with Sunlight Solar Energy - a solar installer with over 30 years of experience, 3,000 installs, and a 10-year workmanship warranty. The panels will be installed on Button Street in January 2019.
We are delighted to announce that the power purchase agreement providing contracted cash flows for the next 20 years has now been signed with Columbus House! The contract includes a 8.59 cents/kWh price with a 2.8% annual escalator built in. We will have additional updates to the campaign in the coming days.
Cancel anytime before 48 hours before a rolling close or the offering end date.
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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
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