Board declines production-guarantee language for RecPlex solar contract
Jun 9, 2025
Jun 9, 2025
Trustees voted against adding a production-guarantee clause to the RecPlex solar installation contract after staff described a 10-year guarantee proposal and trustees raised concerns about the premium, upside sharing, and asymmetric downside exposure.
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The Village Board considered whether to add production-guarantee language to the RecPlex solar installation contract and voted not to adopt the proposed clause.
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