Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
SIUE board approves 25‑year solar PPA with Ameresco, projects $18.5 million in savings
Summary
Trustees approved a 25‑year power purchase agreement and ground lease with Ameresco to build an on‑campus solar array at SIUE. University officials said the PPA locks a below‑market $0.05/kWh rate and will reduce electricity costs while supporting campus sustainability and local jobs.
SIUE trustees approved a 25‑year power purchase agreement and ground lease with Ameresco to build an approximately 25‑acre solar generation facility on campus, the university said in committee presentations.
Dr. Retzlaff, presenting the plan to the Finance Committee, said Ameresco will finance, install and maintain the facility and provide transmission infrastructure tied into SIUE’s campus grid. SIUE would be the sole user of the facility and purchase all generated power at a fixed example rate of…
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
