SunEdison solar parking to save 25 California schools more than $30 million
SunEdison plans to install high-performance solar parking canopies at each of the campuses. By switching to solar, the schools expect to save more than $30 million on energy costs over the next 20 years.
SunEdison solar parking canopies provide both shade for parked cars and cost effective, clean solar energy.
The five unified school districts saving money with the new solar systems are Dixon, Downey, Duarte, Livermore, and Newman Crows Landing. The districts signed 20-year power purchase agreements with SunEdison for more than 7.4 megawatts of solar, installed as parking canopies in each school's parking lot.
Solar parking canopies provide shade for parked cars while generating cost-effective, clean solar energy.
With SunEdison's solar power purchase agreements, these schools will enjoy the benefits of solar energy without any up-front cost. SunEdison installs, owns, and operates each system while the schools buy the solar electricity at lower rates than offered by their local utility.
California joint powers authority SPURR helped the districts arrange the solar power agreements with SunEdison. SPURR helps its clients get a high-performance solar system from a reputable solar company through its competitive procurement program.
The solar systems are expected to generate enough energy to offset more than half of all electricity used at each school. That same amount of electricity can power 1,700 Californian homes a year.
The systems also avoid more than 136 million pounds of carbon dioxide emissions over 20 years—the same amount sequestered by 51,000 acres of U.S. forest a year. That's an area more than one and a half times the size of San Francisco.
SunEdison intends to complete the solar parking canopies in 2016. SunEdison Services, which manages, monitors, and reports energy output for SunEdison's global assets, will operate and maintain the solar system. ■