PILOT Agreements with US Light Energy for Solar Arrays Approved
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Description
The Town of Moreau approved two 15-year PILOT agreements with US Light Energy for solar arrays at 79 and 83 Reynolds Road, starting at $1,000 per array annually with a 2% escalator. The agreements allow for fixed payments in lieu of taxes to support renewable energy development.
Contract Details
Contract Amount
$1,000 per array, with a 2% annual escalator
Vendor
US LIGHT ENERGY
Agency
Town of Moreau, NY
Contract Type
FINANCIAL_SERVICES
Document Date
January 13, 2026
Contract Term
15 years
Renewal Date
2041-12-30
Renewal Info
15-year agreements with annual 2% escalator; renewal or renegotiation would occur at end of term.
More from US LIGHT ENERGY
More from Town of Moreau
Town of Moreau Town Board Meeting Agenda Packet May 2026
Town of Moreau Minutes Regular Town Board Meeting 2026-05-12
Town of Moreau Minutes Regular Town Board Meeting 2026-05-12
Town of Moreau Town Board Minutes 2026-04-28
Town of Moreau Town Board Minutes 2026-04-28
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