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FINANCIAL_SERVICESDISCUSSSED

Middleborough Select Board Meeting Minutes 2026-05-18

Board reviews proposed Kearsarge Energy PILOT

$11,000 per year with a 1.5% escalator (Select Board member suggested 2.5%)Town of MiddleboroughKEARSARGE ENERGYMay 18, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Kearsarge Energy outlined a proposed twenty-year PILOT tax agreement tied to a battery energy storage facility on Jericho Road, with annual payments starting at $11,000 and an escalator. The Select Board expressed general support but requested further details, including fire safety assurances and a draft agreement, before taking action.

Contract Details

Contract Amount

$11,000 per year with a 1.5% escalator (Select Board member suggested 2.5%)

Vendor

KEARSARGE ENERGY

Agency

Town of Middleborough, MA

Contract Type

FINANCIAL_SERVICES

Document Date

May 18, 2026

Contract Term

Twenty years (proposed term with Middleborough Gas & Electric)

Renewal Info

Long-term twenty-year tax agreement; future renewals or escalator changes to be negotiated at or before term end.

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