EQUIPMENTAPPROVED

Township of Ferguson AgendaPacket 2027-2031 Capital Improvement Plan Meeting 1 2026-06-23

Solar Panel Safe-Harbor Purchase Approved with Envinity

$61,674 (initial safe-harbor purchase); estimated total project cost $352,420 (anticipated tax credits value); first phase (Building 3) $166,354Town of FergusonENVINITYJune 20, 2026

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Description

The Ferguson Township Board of Supervisors approved an agreement with Envinity, a COSTARS-approved vendor, for the safe-harbor purchase of solar panels to qualify for expiring federal tax credits. The initial purchase totals $61,674 and secures $352,420 in potential tax credits toward solar installations through 2030.

Contract Details

Contract Amount

$61,674 (initial safe-harbor purchase); estimated total project cost $352,420 (anticipated tax credits value); first phase (Building 3) $166,354

Vendor

ENVINITY

Agency

Town of Ferguson, PA

Contract Type

EQUIPMENT

Document Date

June 20, 2026

Contract Term

Phased construction through 2030; panels purchased prior to July 4th, 2026; installation within four years

Renewal Date

2030-07-03

Renewal Info

Panels must be purchased before July 4, 2026, with installation completed within four years to maintain tax credit eligibility. Buy-back clause allows Envinity to repurchase panels at 70% of initial cost if not used.