On November 6, 2015 the Town of Peterborough was joined by Senator Jeanne Shaheen, Kerry Holmes the Energy Policy Advisor to Governor Maggie Hassan, Karen Cramton the Director of the Sustainable Energy Division for the NH Public Utilities Commission, other esteemed guests and community members to announce the completion of New Hampshire’s largest solar power installation, a 942 kilowatt (KW) DC ground-mounted solar array located on land next to the town’s waste water treatment facility.
The Peterborough solar system is expected to generate more than 100 percent of the town’s waste water treatment facility’s electricity needs. The system will also offset electricity at other municipal buildings, and will reduce carbon dioxide emissions by more than 17 million pounds over the period of the agreement—the equivalent carbon sequestered by more than 6,300 acres of U.S. forests in a year.
As part of a power purchase agreement (PPA) some of the cost of the installation was funded by a grant from the New Hampshire Public Utility Commission. The remaining costs were covered by a third-party investor that will sell the energy generated by this system to Peterborough at a discounted rate for the next 20 years. With no upfront cost to Peterborough, the local taxpayers will save more than $250,000 on energy costs.
“The town of Peterborough welcomes the new solar power plant, which is a part of our plan to reduce our carbon dioxide emissions while generating energy savings,” said Rodney Bartlett, Peterborough’s Town Administrator. “The solar energy system will save our town more than $250,000 over the 20-year life of the agreement, and helps us meet our sustainability and climate goals.”