ReVision Energy has installed an 86.8 kW solar energy system for the East Rochester School in New Hampshire.
The $250,000 project was financed through SunRaise Investments. Local investors will own and operate the array through a power purchase agreement (PPA).
The array is expected to generate approximately 81 MWh of electricity per year, providing 44% of the elementary school's total electricity needs.
Under the terms of the PPA, the district will buy solar power for six years at the same market rate as electricity from traditional fossil fuel sources. After the first six years of the agreement, the school may continue purchasing solar power through the PPA or may purchase the array at its fair market value.