Arizona State University (ASU) has awarded energy contracts to Honeywell Building Systems, Independent Energy Group and SolEquity to install 2 MW of solar electric modules on approximately 135,000 square feet of building rooftop space and some parking structures on its Tempe campus.
The installations, which will begin in August and be complete by December, will meet up to 7% of the campus' energy needs. There is no upfront cost for the installation, the university says.
ASU has contracted to purchase the power generated on its rooftops at a set price for 15 years. The pricing takes advantage of federal and state tax credits, as well as incentive payments provided by Arizona Public Service as authorized by the Arizona Corporation Commission's Renewable Energy Standard Portfolio.
SOURCE: ASU
