20-Year Solar Power Purchase Agreement with Greenskies Discussed
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Description
The committee discussed entering into a 20-year Power Purchase Agreement (PPA) with Greenskies to supply the district with solar energy at a reduced rate, including preventative maintenance and a decommissioning bond provision. The contract covers full equipment monitoring and quarterly onsite maintenance.
Contract Details
Vendor
GREENSKIES
Agency
Torrington School District, CT
Contract Type
UTILITIES
Document Date
March 11, 2026
Contract Term
20 years
Renewal Date
2046-03-11
Renewal Info
PPA term is 20 years, covers full maintenance; decommissioning bond included; no separate service agreement. Preventative maintenance quarterly.
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