TECHNOLOGYAWARDED

City of Bridgeport Power Purchase and License Agreement 2026-06-08

Bridgeport Approves 20-Year Solar Power Purchase Agreement

Energy Payment Rate: $0.22409 per kWh (Seller's Tariff Allocation), utility credits to Buyer at $0.06/kWh (Buyer's Tariff Allocation); no fixed total price statedBridgeport School DistrictCEFIA SOLAR SERVICES INCJune 8, 2026

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Description

The City of Bridgeport and Bridgeport Board of Education approved a 20-year power purchase agreement with CEFIA Solar Services, Inc. CEFIA will own and operate a solar facility at Central High School, selling electricity to the district at a set rate. The agreement covers system construction, maintenance, utility tariff program participation, and options for system purchase or extension at term end.

Contract Details

Contract Amount

Energy Payment Rate: $0.22409 per kWh (Seller's Tariff Allocation), utility credits to Buyer at $0.06/kWh (Buyer's Tariff Allocation); no fixed total price stated

Vendor

CEFIA SOLAR SERVICES INC

Agency

Bridgeport School District, CT

Contract Type

TECHNOLOGY

Document Date

June 8, 2026

Contract Term

20 years from Commercial Operation Date, or until expiration/termination of Tariff Documents (whichever is later)

Renewal Info

Buyer has the right to renew for one year at the end of term by default, and may extend further by mutual agreement. Buyer may purchase the system on the 7th anniversary of commercial operation and every third anniversary, or at the end of the term, at fair market value or require system removal.