Lincoln College Partners on
Renewable Solar Energy Project
Agreement with Clean Energy Design Group
Offers Savings, Educational Opportunities
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[September 22, 2018]
LINCOLN
A solar energy generation system is planned to be installed near the
Lincoln College baseball and soccer fields, as part of a new
renewable energy service agreement between Lincoln College and Clean
Energy Design Group, Inc., (CEDG).
“This project has the potential to produce significant energy
savings for Lincoln College,” Lincoln College President David
Gerlach said. “But even more exciting is that it will offer
educational opportunities to our students for studying and
monitoring solar energy technology right here on campus.”
“We are pleased to partner with Lincoln College on this important
project,” said James Holtzman, Chief Operating Officer of CEDG out
of Springfield, IL. “Whenever possible, we try to incorporate an
educational component into our projects and the opportunity to work
with Lincoln College was a great fit.”
Holtzman added that energy projects such as this also are valuable
in raising public awareness of the benefits and practical
application of alternative energy sources, encouraging other public
and private sector entities to consider renewable energy.
Under the terms of the agreement, CEDG will finance, design,
construct, operate and maintain the solar energy installation, with
no upfront costs to Lincoln College. A cost savings Power Purchase
Agreement (PPA), will result in immediate capital expenditure
savings for the College, with energy savings that accumulate over
the 20-year term of the agreement.
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LC's Mark Gordon said the
photo "is only a sample of the type of panels that would be installed and shows
a more extensive installation than what is likely to be installed at Lincoln
College."
Students and facility will be able to monitor energy production in real-time
from a computer display to be located on campus, in addition to having direct
access to data in science labs and technology classes.
According to Holtzman the 2.0 Megawatt installation is a “behind the meter”
solar project, meaning that the power generated will be used directly by Lincoln
College, rather than being transported and sold over the electric power grid to
other users. As a solar project, Holtzman said it requires less operational and
maintenance costs than wind turbines, making it a good fit for the College.
The project will proceed pending an award of renewable energy credits, or RECs,
from the Illinois Power Agency (IPA) to assist in the development and financing.
Projects will be designated early in 2019.
[Mark Gordon
Public Relations and Media Manager
Lincoln College] |