Township of Ferguson AgendaPacket 2027-2031 Capital Improvement Plan Meeting 1 2026-06-23
Solar Panel Purchase Approved to Safe-Harbor Tax Credits
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Description
The Township of Ferguson Board of Supervisors approved an agreement with Envinity to purchase solar panels for $61,674, qualifying the Township for $352,420 in federal tax credits under the safe-harbor provision. Panels must be installed within four years, with a buy-back option for unused panels.
Contract Details
Contract Amount
$61,674
Vendor
ENVINITY
Agency
Town of Ferguson, PA
Contract Type
EQUIPMENT
Document Date
June 20, 2026
Contract Term
Panels must be installed within four years of purchase (purchase before July 4, 2026; installed by July 4, 2030)
Renewal Date
2030-07-04
Renewal Info
Panels must be purchased by July 4, 2026 for tax credits; installation permitted through July 4, 2030. Buy-back option at 70% of initial cost if unused. No auto-renewal is noted.
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