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Imagine if you could save your organization $3.7 million through a solar power system
Western Brown Local Schools in Ohio is imagining just this and could be doing it with no upfront capital costs. They are looking at utilizing SPG Solar’s power purchase agreement to lower costs and risk, as well as our SunSeeker tracker to produce more solar energy.
SPG Solar is quite familiar with Ohio, recently completing a 2 megawatt solar tracking system for Oberlin College.
“We’ve looked at SPG Solar’s engineering and what they bring to the table and we feel very confident about what they can offer to you in terms of a technological solution,” said Mark Wiley, president of Kastle Electric Company.
Besides the solar tracking technology, SPG Solar may also be structuring a solar power purchase agreement.
How does a solar power purchase agreement work? Robert Schwartz from SPG Solar says it best.
“A power purchase agreement with a solar arrangement is a price of energy – per kilowatt hour basis – and we set that price today at a price that’s below your energy cost,” Schwartz said. “Then you purchase electricity from the system at set rates for the next 20 years. Those rates are set and you have budget security for two decades. There’s no fluctuation in terms of the ability to increase beyond the rate at which they are set at the beginning, so there’s no volatility for your budget.”
Read the full article at the News Democrat.com.
The post Western Brown Schools in OH Considering Solar appeared first on SPG Solar.
