The Connecticut Green Bank announces the installation of a 39.6 kW photovoltaic system on Park Hill, a residential complex owned by the East Windsor Housing Authority. The low-income property consists of 84 garden style apartments, three laundry rooms and a large community hall/office building. The Housing Authority has agreed to a 20-year PPA in which they purchase the electricity generated by the system at a fixed discounted price. The PPA will save the Housing Authority approximately $130,000 on their electricity costs over the term of the agreement.
“It was a pleasure to work with the Green Bank on our solar project. The staff were very professional and efficient with the whole process including coordinating with the installation of the panels by Green Earth Roofing Solutions which I would also recommend. The cost savings on our electric bill will certainly benefit the housing authority and the residents we serve,” Linda Collins, executive director of the East Windsor Housing Authority.
Inclusive Prosperity Capital (IPC), a non-profit organization, partnered with Green Bank to own and maintain the system. IPC offers the PPA to customers with multiple families, nonprofits, and municipalities outside of Connecticut.
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