Perpetual Energy Systems has finalized the 1.5MW solar project for the Jefferson Union High School District, south of San Francisco. The project included solar arrays being installed at four District high schools: Oceana High School, Terra Nova High School, Westmoor High School and Jefferson High School. In whole, the solar project used more than 8,500 solar panels and is anticipated to produce 2,300,000kWh of energy during its first full operational year.
Steven Fuentes, associate superintendent of business services, stated, “In these difficult financial times for public education in California, our district is very excited to begin working with Perpetual. Perpetual will allow us to implement a program that will bring in much needed revenue while providing services to our district we would otherwise not have staff to accomplish.”
The project did not require the District to put up upfront capital outlay and was funded by Perpetual through project financing, sponsor equity and federal renewable energy tax credits. Any renewable energy certificates produced by the solar project will be owned by Perpetual, who will allow the District to buy the energy produced by the solar arrays under a PPA, which has a fixed discount from what the school district would have paid to a traditional utility company.
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