Thirty-one sites across the Douglas County School District (DCSD) in Douglas County, CO, will soon be generating solar-powered electricity. Construction is under way on systems totaling approximately 3.1MW in a project funded and financed by REgeneration Finance under the terms of a power purchase agreement with the school district.
Premier Power Renewable Energy, in conjunction with Power Partners MasTec, is the design-build contractor responsible for the construction of the DCSD PV project.
The sites receiving more than a total of 17,000 modules include 30 elementary, middle and high schools as well as one athletic stadium, all located in Highlands Ranch, Littleton, Lone Tree, and Parker.
Initial costs for the solar systems are approximately $18 million. The PPA calls for REgeneration to pay for the complete cost to develop, build, operate, and maintain the project, while DCSD buys the clean power from the company at a reduced rate. The energy provided is estimated to save the school district $5.5 million over the next 25 years.
DCSD awarded the project to REgeneration following a competitive RFP process in July, and the two organizations signed the PPA the following month.
Over the next three months, REgeneration and its local partners obtained the necessary permits and approvals, positioned the appropriate financing, and, in mid-November, received approval from the district's project managers to begin construction. All of the modules, inverters, and mounting gear is onsite, so the project is expected to be completed on schedule, according to the developer.