Maryland-based solar developer and financier Urban Grid Holdings has completed a 519 kW ground-mount solar array for the Town of Denton, Md.
Urban Grid developed and arranged financing for the project through a 25-year power purchase agreement (PPA) with the town. Clark Eco Energy provided design, engineering, procurement, construction and commissioning services for the project.
The 1,760 solar panel system is expected to produce nearly 740 MWh of electricity per year. All of the power generated from the solar installation will be used by Denton's facilities to offset a portion of their utility electricity consumption.
‘Our goal, which we believe has been met, with moving forward on this 519 kW solar project was to reduce energy cost to the Town of Denton, and especially our public works facilities,’ says Mayor Dennis Porter.
Denton recently built a new enriched nutrient recovery plant that increased the town's monthly energy usage by 40%. Porter says the solar project will allow the town to keep the tax rate and water and sewer rates down over the term of the PPA.