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Oswego to become part of solar program that could save village $40,000 a year · Kendall County News - Shaw Local

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  Speaker 1: Oswego to become part of solar program that could save
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  Speaker 1: village forty thousand dollars a year. Written by Eric Schlkopp,
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  Speaker 1: This article is being read by an automated voice brought
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  Speaker 1: to you by Everlett. Oswego Village trustees have decided to
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  Speaker 1: become a part of a community solar program that will
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  Speaker 1: save the village and estimated forty thousand dollars annually in
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  Speaker 1: electric costs. The community solar program allows the village to
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  Speaker 1: subscribe to a remote solar energy project instead of installing
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  Speaker 1: panels on site. At the February seventeenth Oswego Village Board meeting,
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  Speaker 1: trustees unanimously passed a resolution approving solar agreements with Solstice
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  Speaker 1: Power Technologies, LLC. The idea was recently discussed at a
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  Speaker 1: Oswego Committee of the Whole meeting. Adam Hoover, director of
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  Speaker 1: Strategic Accounts at the Northern Illinois Municipal Electric Cooperative, told
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  Speaker 1: village trustees community solar is a program that is guaranteed
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  Speaker 1: to provide ten percent savings while still finding the fixed
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  Speaker 1: rate savings that NAIMAC brings. Nine six serves as the
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  Speaker 1: broker and consultant for the village's electrical aggregation program. I'm
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  Speaker 1: not asking to install solar panels anywhere, Hoover said. It
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  Speaker 1: is a state of Illinois credit. You would be renting
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  Speaker 1: solar panels from rural Illinois. I was out actually driving
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  Speaker 1: in Dixon today to see a couple of other towns
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  Speaker 1: we work with, and I saw about three or four
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  Speaker 1: of these huge solar farms that you guys could be
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  Speaker 1: renting power from. In turn, you guys would receive ten
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  Speaker 1: percent off, which is about forty thousand dollars. Community Solar
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  Speaker 1: in Commed Territory allows residential and business customers to subscribe
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  Speaker 1: to a remote solar energy project instead of installing panels
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  Speaker 1: on site. Oswego finance director Andrea Lambert told village trustees
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  Speaker 1: participants receive monthly Community Solar Aggregation credits on their Commed
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  Speaker 1: electric bills based on their share of solar generation, which
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  Speaker 1: offsets the electric city supply portion of their bills, she said.
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  Speaker 1: Oswego Village President Ryan Kaufman liked the fact that over
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  Speaker 1: the life of a twenty year contract, the village could
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  Speaker 1: save about eight hundred thousand dollars. If electric prices rise,
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  Speaker 1: it could be even greater than that he said it's
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  Speaker 1: a good deal all around.