Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Solar Rebate Cip Trust topic
No spam. Unsubscribe anytime.
Transfer station solar gets final permits; committee weighs rebate treatment
Summary
Josh Green told the committee the town received final DES permits for a transfer-station solar installation and had to "opt out of community" to secure Eversource rebate money; he recommended routing recurring rebate payments into a future CIP Expendable Trust.
The committee was informed that the town obtained final DES permits for a solar installation at the transfer station. Josh Green said the town "had to opt out of community for the transfer station in order to get rebate money from Eversource," and that the town should receive rebate payments annually.
Green recommended that those recurring rebate payments be earmarked for capital projects by depositing them into the planned CIP Expendable Trust once the trust is established. Members discussed whether such funds should instead go into the general fund to reduce taxes, with some caution that using one-time or restricted rebates as recurring general-fund revenue could create sustainability issues for future capital needs.
No formal decision was made; Lynch said the committee still needs to open the CIP Expendable Trust account and would investigate warrant language and fund designation options at a future meeting.
