Hastings Utility Board - February 12, 2026

Hastings Utility Board · February 12, 2026

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32:36

Solar ITC refund update and potential Solar Phase 3

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0:00 → 2:12(2m 12s)

Derek (speaker 1) reported the solar ITC refund process for Solar Phase 2 is nearly complete and raised the possibility of pursuing a Solar Phase 3 to capture remaining Investment Tax Credit opportunity, noting it may be necessary to move before next year’s budget is approved. He framed solar as a near-term option compared with cost and lead-time constraints for turbines and the long horizon for new nuclear.

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Hastings Utility Board discussed potential solar projects and short- and long-term generation options, reviewed preliminary financials and audit timing, tentatively awarded a water and sewer cost-of-service study to JK Energy Consulting, and debated a proposed 3% delinquent charge and related customer-protection measures.

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Transcript

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