Van Nuys Seventh-day Adventist Church

Church Solar: Passive Income + Donated NEM System for Bill Savings
Prepared by the Keen Energy Leadership Team
CSLB #1137888 | Lic. Class C10 | DIR #2000011282
Table of Contents
2 Why The LA FiT Program Makes Sense for Your Church
3 Solar Carport Layout at Your Site
4 Design Examples
5 Income the Church will Receive
6 EV Charger Detail
7 Donated Solar System for Your Church
8 20-Year Financial Projections
9 30-Year Financial Projections
10 Your Role as Property Owner
11 What We Handle for You
12 Next Steps & Project Exclusions
13 Construction Phases & Parking Management
14 Project Schedule
15 Project Schedule: Key Notes
16 Change Order Impact on Lease Payments
17 CONCLUSION: A Clear Choice Opportunity
18 Act Now: Time-Sensitive Opportunity
19 About Keen Energy
20 Leadership Team
21 The Keen Energy Advantage
22 Let's Build Something That Lasts
23 Project Partners
Why The LA FiT Program Makes Sense for Your Church
Unlock significant benefits with zero upfront investment. Under the LADWP Feed-in Tariff (FiT) program, we install solar carports on your leased parking lot space at no cost to your church.
1
Guaranteed Lease Income
Receive a fixed annual lease payment for 20 years, providing predictable revenue.
2
Shaded Parking Lot
Enhance your property with shaded parking for guests, members, and employees – a valuable upgrade for your site. This includes under lighting for security at night.
3
EV Chargers
Multiple EV chargers are installed at no cost, as required by LADWP (covering 25% of parking spaces). Your church retains 100% of the revenue from these chargers, creating an additional income stream.
We manage all utility negotiations and solar system upkeep, ensuring reliable long-term cash flow with zero operational responsibility for your church.
Page 2
Solar Carport Layout at Your Site
Preliminary design showing proposed solar carports over your parking lot. Final design subject to utility review.
Page 3
Design Examples
Page 4
Income the Church will Receive
Under the LADWP Feed-in Tariff (FiT) program, we will provide a lease income to the church per year for the use of its parking lot space.
$30K
Yearly Lease Payment to Church
Page 5
EV Charger Detail
Charger Specifications
EV Charger Count: 27 (or minimum amount required by LA FiT program)
EV Charger kW: 7 kW each
Total kW: 189 kW
Operational Metric Estimations
Hours per Day: 8
Days per Year: 52
kWh per Year: 78,624
Financial Projection Estimations
Sell Avg kWh Price: $0.30
Buy Avg kWh Price: $0.16
Profit per kWh: $0.14
1st Year EV Profit: $11,007
Escalation %: 3% (from increased usage and pricing)
Page 6
Donated Solar System for Your Church
Keen Energy is pleased to offer your church a gifted rooftop solar system, installed at no cost. Sized for a 100% energy offset of your house meter, this system will deliver immediate and long-term electricity bill savings. It will be installed on the roof closest to your existing house meter.
1
Complete Energy Offset
System sized to offset 100% of your house meter's electricity usage.
2
Immediate Bill Savings
Significantly lower your monthly utility expenses from day one. Estimated 75% off of electric bills - from the 1 bill we received.
3
Growing Future Value
Annual savings increase as utility prices are estimated to rise yearly. Next slide shows CONSERVATIVE - 4% increase per year in bill savings due to rising utility prices.
4
Seamless Setup
Designed for straightforward interconnection to your existing house meter.
For detailed savings calculations and financial projections, please refer to the next slide.
Note: This proposal covers a single house meter interconnection. Multiple meters are separate and not included.
Page 7
20-Year Financial Projections
Estimated Total 20-year Combined Revenue & Savings
$1,548,756
Page 8
30-Year Financial Projections
NEM system savings continue for 30+ years beyond the lease term
EV chargers can operate for 30+ years, generating ongoing revenue
LADWP lease is currently limited to 20 years (hence $0 lease income after year 20)
Potential for LADWP program extension after 20 years, but not included in these conservative estimates
Estimated Total 30-year Combined Revenue & Savings
$2,134,801
Page 9
Your Role as Property Owner
1
Lease Agreement
Sign a long-term parking lot lease agreement (20 years).
2
Enjoy the Benefits
Enjoy the benefits of passive income, modern infrastructure, and EV-friendly amenities.
3
No Risk or Management
No financial risk or construction management required.
Page 10
What We Handle for You
1
Design, Fund, Build, Maintain
We design, fund, build, and maintain the entire solar carport system.
2
Paperwork & Permits
We handle all LADWP paperwork, permitting, and utility coordination.
3
Application & Interconnection Fees
We pay all application and interconnection fees.
4
EV Charger Support
We manage the EV charger installation and insurance/O&M on them for 5 years.
Network fees would be on the customer or church, but we will help select the right network.
They do not have to be open to the public.
Page 11
Next Steps & Project Exclusions
Next Steps:
Contract with Solaris (project financier) and Keen Energy
Contract presented for your review and signature
Once signed, we proceed with LA FiT application and all fees
Project moves forward
What's Not Included:
Multiple construction phases or mobilizations (leaving site completely & coming back at another time)
Unforeseen underground complications (Rare)
Unforeseen LADWP requirements (Rare)
Multiple interconnections for the NEM system
Roof Repairs or Replacements
Page 12
Construction Phases & Parking Management
We understand your church needs continuous access to parking during construction. Here's how we manage the construction process to minimize disruption while keeping your parking available.
Rolling Phase Construction (No Additional Costs)
Rolling Phase Construction
Continuous sectional work (rolling phases)
On-Site Equipment
Equipment stays on-site throughout project
Continuous Access
You'll always have adequate parking available during construction
Flexible Scheduling
We coordinate with your church schedule and events
Constant Communication
Regular updates on which sections we're working on and when we'll switch
Rolling Phase Example
Here's how sectioning works: We can section off the construction area row by row. Areas shown in yellow remain available for parking, while we fence off and work on the construction zone. During planning, we'll detail how many weeks each section takes and coordinate switching dates.
When Change Orders Apply
Change orders are ONLY needed if you require us to completely demobilize (remove all equipment and leave the site entirely) and return at a later time. Rolling phase construction and parking accommodation are included at no extra cost.
Our Commitment
Guaranteed Parking
You'll never be without adequate parking spaces
Faster with Full Access
Construction goes quicker if we can access the entire area, but we work with your needs
Detailed Planning
We'll create a detailed timeline during the planning phase showing exactly when each section will be worked on
No Surprises
All sectioning and parking management is standard - no additional fees
Page 13
Project Schedule
Here is a comprehensive executive summary of the project schedule:
Overall Project Duration: October 27, 2025 - July 24, 2026 (approximately 9 months)
Key Dates: Construction Start: March 2, 2026 | Project Completion: July 24, 2026
1
Contract & Design/Engineer
Duration: 5 weeks (Oct 27 to Dec 5, 2025)
Milestones:
Contract Execution: Oct 31, 2025
Design Completion: Nov 28, 2025
2
Permitting
Duration: 10 weeks (Nov 24, 2025 to Feb 20, 2026)
Milestones:
Permit Approval: Feb 20, 2026
3
Construction Preparation
Duration: 1 week (Feb 23 to Feb 27, 2026)
4
Construction
Duration: 12 weeks (Mar 2 to May 22, 2026)
Milestones:
Construction Start: Mar 2, 2026
Construction Complete: May 22, 2026
5
Final Approvals
Duration: 9 weeks (May 25 to Jul 24, 2026)
Milestones:
Final Approval: Jul 24, 2026
Gantt Chart
Page 14
Project Schedule: Key Notes
Schedule Dependencies & Disclaimers
Schedule Estimate
This schedule is an estimate based on typical processing times.
Agency Approvals
Actual timeline is dependent on LADWP and City approval queues.
Processing Variability
Processing times may be longer or shorter depending on:
Current workload at reviewing agencies
Completeness of submissions
Any required revisions or additional information requests
Regular Updates
We will provide regular updates as we receive feedback from agencies.
Longest Phases
Permit Review
10 weeks (normal for LA County)
Construction
12 weeks
LADWP Approval
8 weeks (utility connection approval)
Other Considerations
Weather Considerations
Construction scheduled during favorable weather months (March-May).
Buffer Time
Schedule includes typical review periods for all approval phases. LADWP approval process is scheduled conservatively.
Next Steps
Contract execution by October 31, 2025
Coordinate with utility early for smoother PTO process
Page 15
Change Order Impact on Lease Payments
We want to be completely transparent about potential, though highly unlikely, scenarios. Our team conducts thorough due diligence, and we always have contingencies in place to minimize any unforeseen costs. E
$100K Change Orders
Equals -$4K/year impact = $26K/year lease payment
$200K Change Orders
Equals -$8K/year impact = $22K/year lease payment
$300K Change Orders
Equals -$12K/year impact = $18K/year lease payment
Every 100k in unforeseen Change Orders = -$4k off the yearly lease payment.
The probability of encountering $100K+ change orders is <2% likelihood, and $200K+ is <1% likelihood.
Even in the extremely rare event of significant change orders, the long-term financial benefits over 20 years remain highly favorable for your church.
Contract Protection: If the project becomes non-viable due to unforeseen change order being so high the lease payment would become negative, your church can walk away with no financial harm or obligation.
Flexibility: Should the church choose to withdraw for any other reason during the design phase, only minor administration & design fees would apply, ensuring minimal risk.
Page 16
CONCLUSION: A Clear Choice Opportunity
Your Expected Outcome (>98% Probability):
With less than 2% chance of change orders over $100,000, your church stands to gain significant financial benefit. Based on detailed projections including $30,000 annually for 20 years, plus donated NEM system conservative savings and EV charger revenue profit, here are your expected combined revenue and savings:
$1,548,756
20 Years
Combined revenue and savings, with $30,000 annual lease payment.
$2,134,252
30 Years
Long-term combined revenue and savings, demonstrating extended value of NEM & EV system.
This Projected Outcome is Actually Your Minimum because:
NEM system continues producing savings for 30+ years
EV charger revenue continues beyond 20 years
Potential lease extension if LADWP continues their program
Even in an Extreme Scenario:
If a massive $300,000 change order occurred (we cannot envision what would cause this - perhaps unforeseen underground utilities requiring LADWP line relocation), the impact on your total benefit would be a reduction of $240,000 (-12k * 20 years = 240k). Even then, your projected totals remain substantial:
$1,308,756
20-Year Extreme Case
Total benefit after a hypothetical $240,000 reduction.
$1,894,252
30-Year Extreme Case
Long-term benefit after a hypothetical $240,000 reduction.
Our Commitment:
We will do everything in our power to avoid change orders
Comprehensive due diligence has been completed
As a Christian company with Christian owners (Keen Energy), we are committed to giving back to the church
Bottom Line: This project is a clear choice investment in your church's financial future.
Page 17
Act Now: Time-Sensitive Opportunity
This opportunity is time-sensitive due to upcoming changes in key incentives that are foundational to the financial viability of these solar projects.
Impending Deadline
Construction must begin by next July to secure current tax credits.
Expiring Incentives
The "Big Beautiful Bill" is reducing tax credits, which underpin project feasibility.
Complex Process Ahead
Significant time is required for permitting, engineering, and contracting before construction can start.
Due to these factors, we have a limited window to move forward and capitalize on the full financial benefits.
Page 18
About Keen Energy
Mission: To serve communities and businesses by offering exceptional energy solutions, guided by our core values of honesty, stewardship, and a heartfelt commitment to improving lives and the environment.
Faith-Driven EPC Firm
Guided by our Christian foundational values of service, respect, and stewardship in every aspect of our work.
Values-Based Approach
Built on integrity, safety, stewardship, and complete transparency.
Sustainability Focus
Committed to fair compensation and positive community impact.
Page 19
Leadership Team
We come from the trades, not a boardroom. Our founders picked up their first tools long before talking points. Today, we bring that same hands-on grit to our solar & electrical work, serving working families, businesses, and communities with real solutions and zero runaround.
Evan Zickefoose - CEO
Evan Zickefoose, an experienced project & construction manager, leads the solar installation with expertise in renewable energy solutions. His background in design-build operations ensures quality, efficiency, and strategic implementation.
Experience:
- Qcells USA Corp. - Senior Manager of Construction
- Valta Energy - Senior Construction Manager
- Freedom Forever - Regional Operations Manager
- Kuubix Energy - Regional Director of Operations
- Powur, PBC - Director of Operations
John Kimmes - CRO
John Kimmes is a seasoned executive with a proven track record in business development, strategic partnerships, and operational execution. His leadership and deep understanding of energy requirements will ensure the success of this initiative, optimizing project financials and meeting regulatory compliance.
Experience:
- SolarCo Energy - Chief of Sales
- Sunlight Solar - Sales & Design Manager
- Bighorn Builders - Project Manager
Allen Fromlath - CTO
Allen Fromlath, an experienced Electrical Designer at RTM Engineering, leads the project's electrical system design and engineering. With expertise in power distribution and compliance, he ensures the solar installation meets all standards and requirements.
Experience:
- RTM Engineering - Electrical Designer
- Tanner Engineering - Junior Electrical Engineer
The founders have a collective 30+ years of experience and have designed, developed, constructed, and managed over 800 MW of solar energy projects over their careers, consistently delivering high-quality, sustainable solutions for public and private sector clients.
Page 20
The Keen Energy Advantage
Unmatched Precision
Exceptional attention to detail in every project phase.
Seamless Management
End-to-end coordination from design through commissioning.
Expertise & Experience
Deep public and private sector solar installation knowledge.
Our approach combines technical excellence with comprehensive project management to deliver superior renewable energy solutions.
Quality isn't a feature, it's our foundation. We build every system with craftsmanship and pride, like it's our own.
Page 21
Let's Build Something That Lasts
You'll have our full attention. All three company owners will be hands-on with your project - start to finish.
30+ Years Combined Experience
We bring decades of expertise in solar and construction to your project.
Earned Trust
We're not just here to win your business—we're here to build a relationship.
Quality Guaranteed
Quality, integrity, and satisfaction aren't just goals—they're our promises to you.
Keen Energy Website
Page 22
Project Partners
Solaris Website
Lease Provider
Trusted national clean energy financing partner
Turnkey Parking Lot Lease
Keen Energy Website
EPC Contractor
Experienced commercial solar installer
Expert engineering and construction
Page 23