Cambridge Selectboard Meeting Minutes February 2026
Lease and Net Metering Continue with Green Lantern Solar
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Description
Green Lantern Solar operates the landfill solar array under a lease and net metering agreement with the Town of Cambridge. The agreement grants the town use of 10% of the credits, with $2,000 annual lease fee and ongoing discussions about a potential buyout.
Contract Details
Contract Amount
$2,000 per year (lease); separate net metering credits and billing arrangements
Vendor
GREEN LANTERN SOLAR
Agency
Town of Cambridge, VT
Contract Type
LEASE
Document Date
February 3, 2026
Contract Term
7 years ongoing since late 2018 or early 2019; buyout clause expired after 7 years
Renewal Date
2026-12-31
Renewal Info
Lease and net metering agreement are ongoing. The buyout clause expired after 7 years but is being renegotiated. Owner intends to pay back rent for years missed.
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