Central Regional School District Awards Utilities Contract to Hesp Solar (July 2026)
Central Regional School DistrictSchool · Bayville, NJ- Disclosed value
- $0.025/kWh subject to 2% annual escalator
- From resolution
- Awarded
- Jul 17, 2026
- Term
- Term not to exceed 15 years
The 30-second brief
The Central Regional School District Board of Education awarded a solar power purchase agreement to HESP Solar to provide, finance, and operate a solar energy system for up to 15 years. The district will purchase electricity at an initial rate of $0.025 per kWh with a 2% annual escalator, a rate lower than both current energy costs and the competing bid.
Hesp Solar holds this utilities contract with Central Regional School District. Its other public contracts on record include work for Evesham Township School District and Hazlet Township Public School District.
Term as filed: Term not to exceed 15 years.
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Contract details
- Contract type
- Utilities
- Amount
- $0.025/kWh subject to 2% annual escalator
- Document date
- July 17, 2026
- Term
- Term not to exceed 15 years
- Vendor
- Hesp Solar
- Source document
- Central Regional School District Resolution Authorizing the Award of a Solar Power Purchase Agreement to HESP Solar 2026-07-17 (Resolution)
Hesp Solar's other public contracts
More Central Regional School District contracts
Questions about this contract
Who was awarded the utilities contract by Central Regional School District?
Hesp Solar was awarded this utilities contract by Central Regional School District, as recorded on July 17, 2026. The contract value is $0.025/kWh subject to 2% annual escalator.
How much is the Hesp Solar contract with Central Regional School District worth?
The Hesp Solar contract with Central Regional School District is valued at $0.025/kWh subject to 2% annual escalator, covering utilities work.
What type of contract is this?
This is a Utilities contract, documented as a resolution record.
Where was this contract approved?
This contract appears in Central Regional School District Resolution Authorizing the Award of a Solar Power Purchase Agreement to HESP Solar 2026-07-17 (Resolution), dated July 17, 2026 from Central Regional School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Hesp Solar hold?
Hesp Solar may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Central Regional School District currently buying?
Explore Central Regional School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.