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Board approves $4.25 million purchase of district solar assets, staff says it will save about $5.7 million over 10 years
Summary
The Jefferson Union High board approved buying the district's solar arrays for $4,250,000 after staff said a purchase would yield roughly $5.7 million in energy savings over the first 10 years and an immediate ~ $900,000 general‑fund benefit if financed with infrastructure bonds.
Staff recommended that the district buy the solar assets installed in 2009 and approve a related energy purchase agreement. A staff presenter (labeled "Staff member") told the board that ARC Alternatives analyzed the existing power‑purchase arrangement and recommended purchase of the systems for a reported price of $4,250,000.
The presenter said the district should expect significant long‑term savings: "we expect the purchase to be recovered in five years" and that over the first 10 years of ownership the district would see approximately $5.7 million in savings compared with the current contract. He also said financing the purchase with infrastructure bonds would generate an immediate estimated savings of about $900,000 to the general fund.
Board members had no extended debate recorded on the item and the staff motion to approve the energy purchase and acquire the solar system passed. The board directed staff to proceed with the approved procurement and related contract steps.
Next steps noted by staff included executing the purchase and arranging bond financing as described; staff did not list a vendor name beyond the consultant analysis nor provide exact bond terms in the meeting record.
The motion to approve the purchase and related agreement was adopted during the meeting and the item was closed.
