Evesham Township School District Awards Utilities Contract to Hesp Solar (August 2026)
Evesham Township School DistrictSchool · Marlton, NJ- Disclosed value
- Rate of $0.049 per kWh in year 1 with 2% maximum annual escalation; estimated Year 1 savings $249,374; estimated lifetime savings $4,250,610
- From agenda
- Awarded
- Aug 20, 2026
- Term
- 15-year term with any legal extensions
- Renews
- Free account
The 30-second brief
The Board awarded a 15-year Solar Power Purchase Agreement to HESP Solar for the installation and maintenance of photovoltaic panels at seven district schools at an initial rate of $0.049 per kWh with a 2% maximum annual escalation, projecting first-year savings of $249,374 and lifetime savings of $4,250,610.
Hesp Solar holds this utilities contract with Evesham Township School District. Its other public contracts on record include work for Central Regional School District and Hazlet Township Public School District.
The renewal date is on record. A free account shows it, with the renewals for every Evesham Township School District contract.
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Contract details
- Contract type
- Utilities
- Amount
- Rate of $0.049 per kWh in year 1 with 2% maximum annual escalation; estimated Year 1 savings $249,374; estimated lifetime savings $4,250,610
- Document date
- August 20, 2026
- Term
- 15-year term with any legal extensions
- Renews
- Free account
- Vendor
- Hesp Solar
- Source document
- Evesham Township School District Agenda Regular Board Meeting 2026-08-20 (Agenda)
Hesp Solar's other public contracts
More Evesham Township School District contracts
Questions about this contract
Who was awarded the utilities contract by Evesham Township School District?
Hesp Solar was awarded this utilities contract by Evesham Township School District, as recorded on August 20, 2026. The contract value is Rate of $0.049 per kWh in year 1 with 2% maximum annual escalation; estimated Year 1 savings $249,374; estimated lifetime savings $4,250,610.
How much is the Hesp Solar contract with Evesham Township School District worth?
The Hesp Solar contract with Evesham Township School District is valued at Rate of $0.049 per kWh in year 1 with 2% maximum annual escalation; estimated Year 1 savings $249,374; estimated lifetime savings $4,250,610, covering utilities work.
What type of contract is this?
This is a Utilities contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Evesham Township School District Agenda Regular Board Meeting 2026-08-20 (Agenda), dated August 20, 2026 from Evesham Township 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 Evesham Township School District currently buying?
Explore Evesham Township School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.