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Canterbury hears case for $180,000 municipal solar project, selectmen weigh reserve fund for Community Power adder

5541468 · January 23, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

A local energy advocate presented a design and financial model for a 60-kilowatt solar array and battery storage for municipal buildings and urged creation of a capital reserve to capture Community Power adder receipts for energy projects.

Tom Franco, a member of the town energy committee and an employee of Revision Energy, presented a proposal for a 60-kilowatt rooftop solar system and a ~20-kilowatt battery for Canterbury’s municipal complex, and recommended a warrant article to finance the work with a bond rather than new taxes. Franco said the system would be sized to produce roughly the town’s annual municipal-site generation and that, conservatively, the panels would generate $12,000–$14,000 per year to offset electric costs.

Why it matters: Franco told the Selectboard the project would cut the municipal electric budget over 25 years and that he modeled a $180,000 bond as the most likely path without adding to taxpayers’ annual burden. He said the town would likely see net savings once bond payments and energy production are…

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