Harlem School District and New Energy Equity celebrated the launch of a solar project expected to power 1,002 homes a year and provide scholarships to students.
The 5.5-megawatt solar project, built on district-owned land in Machesney Park, Illinois, will generate 8.3 million kilowatt-hours of electricity annually, according to a news release from New Energy Equity.
The project is operated by New Energy Equity, a subsidiary of ALLETE Inc. It will allow ComEd customers to enroll in community solar and receive credits on their electricity bills, reducing their energy costs.
Solar project to benefit school district financially
The partnership will provide financial benefits to the school district without requiring taxpayer-funded construction costs. The district will receive annual lease payments and utility bill credits for 25 years, helping to offset energy costs across its nine schools…