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Solar Power to Provide Savings to East Windsor Housing Authority

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The Connecticut Green Bank announces the installation of a 39.6 kW solar photovoltaic system at Park Hill, a housing complex owned by the East Windsor Housing Authority. The Housing Authority has agreed to a 20-year power purchase agreement (PPA) in which they buy the electricity generated by the system at a fixed reduced cost. The PPA will save the Housing Authority approximately $130,000 on their electricity costs over the agreement term.


Solar Power to Provide Savings to East Windsor Housing Authority
Photo provided by Laura Scyocurka

“It was a pleasure to work with the Green Bank on our solar project. The staff was very professional and efficient with the entire process including the coordination with the installation of the panels by Green Earth Roofing Solutions, who I would also recommend. The cost savings on our electric bill will certainly be beneficial to the Housing Authority and the residents we serve,” Linda Collins, Executive Director of the East Windsor Housing Authority.

“A power purchase agreement (PPA) works well for properties like a housing authority that cannot monetize the investment tax credits offered by the federal government,” said Mackey Dykes, Vice President of Financing Programs at the Green Bank. “The PPA model allows the housing authority to harness all the energy and cost savings benefits of solar energy.”

Inclusive Prosperity Capital (IPC), a non-profit, partners with Green Bank to own and maintain the system. IPC offers the PPA to multifamily, non-profit, and municipal customers outside Connecticut.

Tags: Solar
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