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Camden district reviews community solar option that could cut utility bills by roughly $25,000–$35,000 a year
Summary
District officials heard a presentation from Becky Thompson of Nunea Energy about Illinois community solar, including contract length, billing mechanics and an estimated annual net savings of $25,000–$35,000. No vote was taken; board asked staff to return with more billing detail.
Becky Thompson of Nunea Energy told the Camden Board of Education on Aug. 11 that the district could enroll in an Illinois community solar program that would produce a monthly credit on its ComEd delivery bill and yield a net savings of roughly $25,000 to $35,000 per year for the district.
Thompson said community solar is “an off-site savings program designed to make solar accessible” and explained the billing mechanics: the solar farm’s generation produces credits that must flow through the district’s ComEd invoice, reducing the district’s utility charge; the developer would then bill the district for 90% of those credits, leaving the district with the retained 10% as net savings. “If there was $100,000 in power that was generated…you would receive a $100,000 credit on your ComEd bill,” Thompson…
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