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Select Board approves 5-year commitment to off-site solar bundle, citing 10% rebate

Tamworth Select Board · December 19, 2024
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Summary

The Tamworth Select Board voted unanimously to enter a five-year agreement to commit municipal meters to an off-site Revision Energy solar project, securing an estimated 10% supply discount and annual rebates projected at roughly $2,600 split between town and school; the contract restricts town meters from being served by any new on-site municipal solar during the term.

The Tamworth Select Board voted Dec. 19 to enter a five-year contract with a solar developer bundle that would commit municipal and school electricity meters to an off-site solar project and deliver a roughly 10% discount on supply, officials said.

Speaker 7, presenting the energy committee recommendation, told the board the project—being developed in Eversource territory—would require the town to commit up to 90% of its energy usage to the bundled project and would yield an estimated combined annual rebate to the town and school of about $2,600. “We would enter into a contract with Revision that’s a 5 year contract saying we’re gonna buy energy from you for 5 years,” Speaker 7 said, adding that the town could not assign those meters to a new local solar field during the contract term.

Board members questioned supply-rate mechanics and the school’s participation. Speaker 1 asked whether the supplier rate would be Eversource’s default; Speaker 7 replied the contract uses Eversource’s default rate for settlement. The board also discussed timing: the presenter said the bundled project is projected to come online in 2026 and that seats in the bundle are first-come, first-served.

Speaker 6 moved to approve the five-year commitment for 90% of municipal usage in exchange for the stated 10% rebate; Speaker 1 seconded. The board took a roll-call vote and recorded four yes votes and no dissent.

The board noted trade-offs: while the deal brings near-term savings and a small ongoing rebate, the town’s meters would be encumbered for the contract term, preventing those meters from being served by a different town-owned solar array during those five years. The presenter said the energy committee had not identified other material downsides and had spoken with Revision Energy and other vendors while researching options.

Next steps described by the board include communications with the school district to confirm its participation and follow-up on contract details and timelines before final administrative signings.

The vote authorizes the town to proceed with the contract offer as presented; the board did not record additional financial contingencies or an executed contract text at the meeting.