Solar Power Purchase Agreement with Greenskies Recommended
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Description
Coventry Public Schools recommends awarding a 20-year Power Purchase Agreement to Greenskies Clean Energy for the High School. The district will pay a fixed rate of $.1203 per kWh and expects $1.1 million in lifetime savings, with the vendor providing turnkey solar development, ownership, and maintenance.
Contract Details
Contract Amount
$.1203/kWh (estimated total $1,117,267 lifetime savings)
Vendor
GREENSKIES CLEAN ENERGY
Agency
Coventry School District, CT
Contract Type
ENERGY, TECHNOLOGY, MAINTENANCE, EQUIPMENT, FACILITIES
Document Date
June 6, 2026
Contract Term
20 years (Power Purchase Agreement, 2027–2047)
Renewal Date
2047-08-31
Renewal Info
No auto-renewal; 20-year fixed term under a standard PPA. Potential for amendment or extension subject to negotiation and federal incentive changes.
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