OTHERAWARDED

HESP Solar Awarded 15-Year Solar PPA Contract

Hazlet Township Board of Education awarded a 15-year Power Purchase Agreement to HESP Solar for roof-mounted solar panels at three schools, with $500,000 in roofing, a $0.0350/kWh year 1 rate, 2% escalation, and expected lifetime savings of $1.5 million. The agreement covers installation and maintenance of the solar system.

Status
AWARDED
Document date
February 9, 2026
Contract type
OTHER
Vendor
Hesp Solar
Agency
Hazlet Township Public School District · NJ

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
proposed rate $0.0350/kWh (Year 1), 2% annual escalation, estimated roofing cost $500,000, adder rate $0.0570/kWh; estimated savings $88,100 (Year 1), $1,500,467 (lifetime)
Contract type
OTHER
Contract term
15 years
Renewal date
2041-02-09
Renewal
Initial 15-year term per awarded contract, with escalation and renewable energy provisions per proposal; legal review required before execution.
Document type
Minutes
Source document
Hazlet Township Board of Education Minutes February 9, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Hazlet Township Public School District?

Hesp Solar was awarded this government contract by Hazlet Township Public School District, as recorded on February 9, 2026. The contract value is proposed rate $0.0350/kWh (Year 1), 2% annual escalation, estimated roofing cost $500,000, adder rate $0.0570/kWh; estimated savings $88,100 (Year 1), $1,500,467 (lifetime).

How much is the Hesp Solar contract with Hazlet Township Public School District worth?

The Hesp Solar contract with Hazlet Township Public School District is valued at proposed rate $0.0350/kWh (Year 1), 2% annual escalation, estimated roofing cost $500,000, adder rate $0.0570/kWh; estimated savings $88,100 (Year 1), $1,500,467 (lifetime).

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Hazlet Township Board of Education Minutes February 9, 2026 (Minutes), dated February 9, 2026 from Hazlet Township Public School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hesp Solar hold?

Hesp Solar may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Hesp Solar's profile

What is Hazlet Township Public School District currently buying?

Explore Hazlet Township Public School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Hazlet Township Public School District's profile

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