Solar Energy & Power For Schools
Sometimes , it seems like nobody else knows how much it takes to provide an excellent education in the face of ever-changing priorities. Since schools typically comprise 50% or more of the budget of the municipal government, every cuts to costs start with you.
There is a straightforward method to bring something positive in this budgeting cycle. Instead of being seen as a barrier towards a balanced budget You could become the hero. This is about solar energy.
Solar energy is an easy and efficient way to drastically reduce your operating costs and create new revenues to your tax base and without any upfront capital expense and without the expense of a lengthy and lengthy competitive RFP. Most importantly, renewable energy sources are not controversial and can be a source of interest to members of school Committees, Finance Committees and Town Select boards.
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Why Schools Should Care About Electric Bills
Solect Energy has installed solar energy systems in many New England schools, so we're very aware that electricity is typically only a tiny portion of the total operating cost usually less than percent.
But the amount you're paying to the utility company is significant - and it can be reduced by using solar.
According to our research schools that have gone solar experience anywhere from 10% to 60% decrease in the cost of electricity. If you apply an average savings of 5% on a school's electricity bill of $826,052 - - which is the budget of an average-sized town's education district within Massachusetts (based on the population) This works up to $41,300 in annual savings for this community!
If you decide to go solar with an Power Purchase Agreement, you can save money without having to make a capital purchase. There is no money out of pocket, there are no ongoing upkeep costs...just saving.
Examples of School Solar Savings
The savings you can expect to earn are contingent on factors that begin with your utility provider, as each utility provides various incentives. The size of your solar system as well as the location of your device ("on-site" as opposed to "off-site"), and the kind of service offered at your utility meter affect the amount you'll save.
Here are some real-world examples to inspire you:
Joyce Middle School in Woburn is saving around $29,000 per year. This is only the beginning. Solar panels are also being installed by the City panels on two other schools.
The City of Fitchburg put solar panels in two schools, and cut its electric bill to over $60,000 per year.
These savings figures assume that utility rates will not change. We all know that they'll probably rise and the value of solar energy generated by these schools will increase significantly over time.
If $29,000 or $60,000 of the year of found funds is appealing to you then read this article, or call Solect Energy today to discover how solar power can help your town or school district.
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It's Worth the Time
As we have said before, school budgeting is a demanding and long-running process. There are numerous levels of input, feedback and approvals through seemingly incessant changes. You must consider fluctuations in enrollment and changes in the state's education allocation formula for funding, and possibly unequal contributions from towns within your district.
With everything happening, it may be difficult to present a compelling case for new initiatives, even ones like solar which generate revenue, reduce operating costs, and create new revenue.
Keep your eyes at the goal. Join the hundreds of schools across the region who have gone solar and are looking to expand their schools to make more savings.
By using the Solect PPA program, you'll be able to succeed in more ways than simply going through the process with a realistic budget. You can make money to fund core operations.
If you'd want to know more, we'll connect you with one of our school clients who can confirm to the fact that this process was straightforward and that the savings are significant.
How Solar for Schools Works
Solect can help schools to go solar without further competitive bidding process and no upfront capital due to our association with the biggest non-profit energy-buying group within New England, PowerOptions. PowerOptions has assisted many New England schools, cities towns, states agencies and non-profits to reduce their operating expenses through energy-saving programmes and agreements.
In conjunction, Solect and PowerOptions have assisted more than 60 organizations and municipalities benefit from clean power such as the public and private institutions of higher education.
Woburn Public Schools
Somerset Berkley Regional High School
Roxbury Latin School
Tufts University
Lawrence Family Development Charter School.
The advantages of the Solect-PowerOptions partnership are substantial:
Lower electricity prices thanks to PowerOption's competitive bidding procedure that guarantees extremely competitive rates for its customers, and conforms to public procurement rules.
There is no competitive RFP process is required from you because PowerOptions has already reached an agreement on the terms and conditions of the contract as well as the PPA pricing structure on your behalf.
A minimum amount of capital upfront is not required from you. The only financial obligation you have is to pay your lower solar electric bills and shifting the savings from electricity to other budget-friendly things.
Solect Makes it Easy
It is not necessary to invest capital for solar power since Solect will finance your project. You sign an Power Purchase Agreement (PPA) to purchase the solar energy produced on your roof or on your parking area for a significantly cheaper cost than what the utility will provide.
Solect has many other roles in addition, which makes the process of going solar easy and simple. Apart from funding your solar energy project we also handle the design and installation. Then we operate as well as maintain your system. There is no obligation to operate or maintain the system.
With the Solect PPA, we also examine your system's performance over the long term to ensure that you get the most benefit from it. you.
PILOT Revenue
There's an additional icing to the amazing cake. The contract between Solect and your school will also include payments in lieu of taxes (PILOT) to pay your town or city for the use of their publicly owned property i.e. your parking space, roof or land, in order to help support the solar panels we install and other equipment.
The PILOT payment system provides an ongoing, steady income stream for your community. The system will start paying after it is switched on and typically generate several thousand dollars per year in additional revenue.
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