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Kings Park board approves $7 million energy contract to add solar, replace boilers
Summary
The Kings Park Central School District board on July 1 approved an energy performance contract with Energy Systems Group (ESG) to add solar capacity and replace two steam boilers, a project officials said is about $7 million and leverages $2.67 million in federal ITC funds.
Kings Park, N.Y. — The Kings Park Central School District Board of Education on July 1 authorized an energy performance contract with Energy Systems Group LLC (ESG) to install additional solar capacity and replace two steam boilers at district facilities.
Dr. Egan, presenting the recommendation, described the project as “about a $7,000,000 project” and said the district will leverage approximately $2,670,000 in federal investment tax credit funds. "That makes the project feasible from a financial standpoint," he said, adding that…
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