winnacunnet-hsThe Winnacunnet School Board is studying the possibility of placing a large solar array on its property to reduce utility bills and reliance on fossil fuels. Following a presentation by ReVision Energy Sales Manager Steve Condon, School Board member Wayne Skoglund said he’s going to do some independent research on behalf of the board to see if the move might make sense for the school.

Condon, who emphasized that the project he presented could be adapted in numerous ways, outlined a power purchase agreement that he said would allow ReVision to build, own and maintain a $390,000, 100-kilowatt array on Winnacunnet High School property at no initial cost to the town.

The basis behind the power purchase agreement, he said, is a mutually beneficial relationship between a for profit and a nonprofit, like the school.

“The concept is, there are incentives available to level the playing field with fossil fuel energy sources, and as a for-profit organization, we can take advantage of those incentives. So we can monetize tax credits and pass off the benefit to the nonprofit organization that we’ve partnered with,” he said.

Full article available here: http://www.seacoastonline.com/articles/20131203-NEWS-312030353