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PSC approves decommissioning plan for 5 MW Kent County solar project with $823,455.61 financial assurance
Summary
The commission approved KE 51 LLC's updated decommissioning plan for a proposed 5 MW solar facility in Kent County and directed the company to provide documentary evidence of a bond or letter of credit for $823,455.61 before construction.
Staff (Lutangia Bunch) summarized that TPE MD KE 51 LLC filed an updated decommissioning plan under licensing condition number 29 for a 5 megawatt solar generating facility in Kent County. Staff said the company increased estimated decommissioning costs, added a recycling tipping fee, and proposed financial assurance equal to the year‑5 estimate of $823,455.61.
Lutangia Bunch told commissioners staff concluded the plan reasonably identifies removal and restoration activities and that the financial assurance amount exceeds minimum licensing requirements; PPRP (Sandra Macklemore) reported no objections. The commission approved the plan and directed the company to provide documentary evidence of a bond or letter of credit in the amount specified prior to start of construction (motion carried 4–1 with one abstention recorded on the item).
