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New Energy Equity community solar project funds scholarship program

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Renewable power developer New Energy Equity together with neighborhood leaders and Harlem College District officers and college students gathered in Machesney Park, Illinois, on Wednesday to rejoice the energization of a brand new 5.5-MW neighborhood photo voltaic mission.

Superintendent Terrell Yarbrough flips the ceremonial change on the Harlem College District Group Photo voltaic Undertaking. Credit score: New Vitality Fairness

Operated by New Vitality Fairness on land owned by the varsity district, this neighborhood photo voltaic mission will generate 8.3 million kWh of unpolluted power yearly — sufficient to energy 1,002 Illinois properties. Native ComEd clients may also enroll in neighborhood photo voltaic and obtain credit on their electrical energy invoice generated by their share of a neighborhood photo voltaic mission, lowering their electrical energy prices.

By leasing district-owned land and enrolling in neighborhood photo voltaic as a subscriber, Harlem College District will obtain annual lease funds and utility invoice credit for 25 years that assist offset power prices throughout its 9 colleges.

“We’re very happy with this mission at New Vitality Fairness due to all of the optimistic advantages it delivers,” stated Kyle Marchesseault, VP of promoting, New Vitality Fairness. “It delivers advantages for the varsity district within the type of lease income and electrical energy invoice financial savings. It advantages 4 deserving, completed college students by way of scholarships. And it supplies extra power for the area people at a time of rising electrical energy demand.”

Along with the environmental impression, the occasion additionally celebrated a brand new scholarship program funded by New Vitality Fairness which can award $10,000 yearly in scholarships to Harlem College District college students for the 25-year lifetime of the photo voltaic mission.

“Right this moment we rejoice greater than the completion of a mission, we rejoice the start of a transformative partnership between our college district and New Vitality Fairness,” stated Superintendent Terrell Yarbrough. “This collaboration represents what can occur when organizations come along with a shared imaginative and prescient for the longer term. It’s a partnership that can have an enduring impression, not solely on our colleges but in addition on our college students, our neighborhood and future generations.”

Information merchandise from New Vitality Fairness

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