Duke Energy, Integrys Energy Services and Smart Energy Capital advised that their collaboration to build five rooftop PV systems for two Pennsylvania school districts had reached completion. The Bald Eagle Area School District and Bellefonte Area School District in Pennsylvania feature five new PV systems, which collectively produce nearly 1.5MW of electricity.
The installations are found at Bald Eagle Middle and High School, Wingate Elementary School, Bellefonte Area High School, Marion Walker Elementary School and Pleasant Gap Elementary School. Both school districts will purchase the energy produced by their respective solar arrays at a fixed per kilowatt-hour rate under the terms of a 20-year PPA with INDU Solar Holdings, a joint venture between Duke Energy and Integrys. Financial terms for the deal were not revealed.
The companies noted that Smart Energy Capital, working with its strategic partner Tremco Roofing, developed the rooftop solar projects for both school districts and secured Pennsylvania solar energy grants for the installations. Smart Energy also arranged for the sale of the solar renewable energy certificates while INDU financed all of the construction costs for the five projects.