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Officials approve NIPSCO interconnection agreement, agree to 50% of $453,000 fee to activate solar field
Summary
City officials voted to approve an interconnection agreement with NIPSCO and to pay half of a $453,000 upgrade fee so the recently installed solar array can be connected and start producing power this year, helping secure roughly $2.1 million in IRA tax credits, officials said.
City officials at a municipal meeting approved an interconnection agreement with Northern Indiana Public Service Company (NIPSCO) and agreed to pay 50% of an estimated $453,000 utility upgrade fee so a city solar field can be connected and placed into service this year. The board voted to authorize the agreement and the initial payment after staff said the step is needed to secure federal tax credits attached to the project.
The move matters because staff said the project’s eligibility for Inflation Reduction Act (IRA) tax credits depends on energizing the system this calendar year. "If we do not get power to the solar and run it this year, we cannot file for those for next year,"…
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