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Namaste Solar project to save Denver nonprofit $300k in operating expenses

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03/04/2025
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Namaste Solar project to save Denver nonprofit $300k in operating expenses
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Namaste Solar has partnered with Women’s Bean Project to install a 102-kW rooftop solar system and one electric vehicle charging station at the nonprofit’s headquarters in Denver, Colorado. This installation is designed to offset 120% of Women’s Bean Project’s electrical usage, significantly reducing operating expenses and enabling the organization to further invest in its mission of supporting women’s empowerment through employment.

The solar project is fully funded by the City of Denver’s Renewables and Resiliency grant, demonstrating the city’s commitment to supporting renewable energy initiatives among nonprofits. Over the 25-year+ lifespan of the system, Women’s Bean Project is projected to save $300,775 in operating expenses.

Additionally, participation in Xcel Energy’s Solar*Rewards program is expected to generate $99,228 in income over the next 20 years, further enhancing the financial benefits of the installation.

These combined savings will directly support Women’s Bean Project’s programs, which provide job training and employment to women facing significant barriers to work. The organization offers comprehensive programs that equip women with job and life skills, helping break the cycle of poverty to build brighter futures. It is estimated that these savings will fund over 15,000 hours of program services.

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