Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
District solar portfolio met 95% of weather-adjusted expectations and produced roughly $622,000 in bill savings, advisor says
Summary
TerraVerde Energy told the board the district’s nine third-party solar installations performed at about 95% of weather-adjusted expectations and produced roughly $622,000 in avoided utility costs in fiscal year 2023–24.
An independent advisor reported that the district’s solar and battery portfolio produced savings and performed close to expectations in fiscal year 2023–24, but the district faces program decisions about ownership, future inverter replacement and EV-charging costs.
David Burdick of TerraVerde Energy said the district’s nine solar installations — each roughly 100–200 kilowatts and coming online in 2018 under third-party ownership — operated at about 95% of weather-adjusted expectations. Burdick told the board the portfolio “harvested $622,000 of bill savings,” meaning that if the district had not deployed the solar facilities its general fund utility costs would have been about $622,000 higher last fiscal year.
TerraVerde presented month-by-month…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
