District staff and outside vendors presented solar proposals for the district’s three schools and reviewed incentives and high‑level economics; the board did not vote on solar but asked vendors for firm pricing and insurance impacts. Separately, the board approved a fixed, 18‑month electric supply contract for the middle and high school.
Solar presentation: Vendor representatives from AGD/Stratoc and consultants described the current incentive stack available for school projects: state SREC payments tied to production, federal direct‑pay/tax credits (with a safe‑harbor option if a contract is signed before year‑end) and an Ameren Smart Converter rebate. Presenters noted the elementary school’s electric service is on a co‑op and would not qualify for the Ameren rebate, while the middle and high schools would. Example sizing and economics shown included a roughly $875,000 rooftop/system that, after incentives (SRECs ~$253,684, direct payment ~40% of gross cost, Ameren rebate ~$79,000), could yield an estimated net cost of ~$197,006 and a levelized cost of energy approximating 1.8¢/kWh and a vendor‑estimated payback in the mid‑five‑year range.
Board members asked about warranties (panels 25‑year production warranty; inverters 20 years), insurance/ hail claims and maintenance/O&M options; vendors said panels are rated for 1.5‑inch hail and optional O&M agreements are available. Administration emphasized that solar proposals were budgetary tonight and asked the vendor to return with firm pricing and details in December.
Electric supply decision: The board separately considered electric supply vendors for the mid/high school accounts. Administration recommended a fixed, all‑in HomeField rate for an 18‑month term (a fixed price of ~0.09024 $/kWh), primarily to reduce capacity‑auction exposure and to align with potential solar procurement. Mr. Wilson moved to approve, Mr. Jake Anderson seconded, and the board approved the 18‑month fixed contract by roll call.
What to expect next: Administration will collect firm solar pricing, provide insurance‑cost estimates and bring a proposal back to the board; the supplier for electricity will be confirmed to lock the rate, and the district will monitor solar timing to align incentives and interconnection timelines.