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).
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“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.”
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."
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.
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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.
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] |