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Hooksett council approves amendment to Revision Energy power-purchase agreement for DPW solar array
Summary
The council authorized Town Administrator Andre Garen to sign a contract amendment with Revision Energy that adds a 2-cent-per-kilowatt-hour increase in year seven if the town does not exercise its purchase option. The 40-year project is expected to generate about 1.6 million kWh annually; the town and schools will split the first-year revenue.
Hooksett Town Council on Nov. 5 authorized Town Administrator Andre Garen to sign an amendment to the town's power-purchase agreement (PPA) with Revision Energy for a proposed solar array sited at the Department of Public Works.
Under the amendment, if the town does not exercise its option to purchase the array in year seven the PPA price would rise 2 cents per kilowatthour at that point; the agreement remains a 40-year contract and includes periodic purchase…
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