Hamilton County Schools Agreement District Lighting and FY26 Budget Amendment 2026-05-21

Contract Amount

$6,208,288 (including $5,000,000 financed through EESI and up to $667,828 from TVA incentives; remaining $540,460 from other sources)

Vendor

EXCEL ENERGY GROUP INC

Agency

Hamilton County School District, TN

Contract Type

CONSTRUCTION

Document Date

May 21, 2026

Contract Term

10.5 years financing term at up to 1.5% interest with semi-annual payments; warranties up to 10 years on certain products

Renewal Date

2037-11-21

Renewal Info

Financing through EESI is for a fixed 10.5-year term at up to 1.5% interest with semi-annual payments; no automatic renewal is described. Agreement may be amended to add additional energy conservation measures by mutual approval.