SunPower today announced that it will build two megawatts of solar power systems at four district schools of Escondido Union High School District.
SunPower also announced a power purchase agreement (PPA) with Escondido Union High School District. The PPA will offset approximately 75 percent of its annual electricity demand, and saveĀ $13.4 millionĀ in electricity costs over the next 20 years.
There will be no upfront capital investment on behalf of the district. The PPA provides competitive electricity rates and a hedge against potential utility rate increases for Escondido Union High School District.
āAs a result of this agreement with SunPower, Escondido Union High School District will significantly reduce our energy costs, enabling us to apply the savings where they are needed, such as for enhanced academic programs or facility upgrades,ā said EUHSD Assistant Superintendent of Business ServicesĀ Michael Simonson.
SunPower will install solar carport systems, using SunPower solar panels, at the four district sites. In addition to generating power, the carports will provide needed shade in the schools’ parking areas. The systems are expected to be operational by the end of this year.
SunPower has installed solar power systems totaling more than 89 megawatts at 22 school districts across the California state. According to the Solar Energy Industries Association, solar power has the potential to generate the equivalent amount of power for almost 14,000 averageĀ CaliforniaĀ homes.
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