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> Tunkhannock believes it could save upwards of $1 million a year by switching to solar, money that could be used for student initiatives. > “It was always a f
by koolba 1y ago
> Tunkhannock believes it could save upwards of $1 million a year by switching to solar, money that could be used for student initiatives.
> “It was always a financial decision,” Suppon said. “We wanted to be able to offset our energy costs, produce our own energy and only pay distribution [fees] back to the grid.”
> There’s one catch: Tunkhannock’s plan to go solar is contingent upon winning more than $1 million in funding from the state’s Solar for Schools program. Currently in its inaugural year, Solar for Schools was born from a bill that faced an uphill battle in a legislature where environmental bills often die by attrition — a battle that required its creator, progressive Rep. Elizabeth Fiedler (D-Philadelphia) to reach across the aisle and help marry what are often competing interests in the state — labor, education and climate.
If they are really going to save $1M/year on a project that requires $1M, then they can easily issue a bond to cover this.
But those numbers are clearly exaggerated and I bet this entire idea is only going to be worthwhile at this latitude if the bulk of the capital costs are externalized.
- quantumfissure 1y agoI mentioned this in another parent comment: Tunhannock doesn't even need a bond, they can easily pay for it just with what the town has made from gas extraction in the last 15 years.