Portage Schools Recommends Veregy Solar Contract
Portage Township SchoolsSchool · Portage, IN- Disclosed value
- Lump-sum price of $1,071,310; guaranteed avoided electricity costs of $1,182,802 over 18 years; 20-year guaranteed savings stated as $1,457,946; potential federal incentive rebate of $264,690
- From staffreport
- Document date
- Nov 7, 2026
- Renews
- Free account
The 30-second brief
Portage Township Schools recommends approving Veregy IN, LLC's $1,071,310 guaranteed energy savings contract for a rooftop solar array at Portage High School. The project carries an 18-year savings guarantee and is scheduled for NIPSCO permission to operate on October 22, 2027.
Veregy in LLC holds this construction contract with Portage Township Schools. Its other public contracts on record include work for Salem Community Schools and School City Of Hobart.
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Contract details
- Contract type
- Construction
- Amount
- Lump-sum price of $1,071,310; guaranteed avoided electricity costs of $1,182,802 over 18 years; 20-year guaranteed savings stated as $1,457,946; potential federal incentive rebate of $264,690
- Document date
- November 7, 2026
- Term
- 18-year guaranteed savings term; 20-year guaranteed savings also stated
- Renews
- On record
- Vendor
- Veregy in LLC
- Agency
- Portage Township Schools
- Source document
- Portage Township Schools StaffReport Recommendation Veregy Solar PV Contract 2026-11-09 (StaffReport)
Veregy in LLC's other public contracts
More Portage Township Schools contracts
Questions about this contract
Who was awarded the construction contract by Portage Township Schools?
Veregy in LLC was awarded this construction contract by Portage Township Schools, as recorded on November 7, 2026. The contract value is Lump-sum price of $1,071,310; guaranteed avoided electricity costs of $1,182,802 over 18 years; 20-year guaranteed savings stated as $1,457,946; potential federal incentive rebate of $264,690.
How much is the Veregy in LLC contract with Portage Township Schools worth?
The Veregy in LLC contract with Portage Township Schools is valued at Lump-sum price of $1,071,310; guaranteed avoided electricity costs of $1,182,802 over 18 years; 20-year guaranteed savings stated as $1,457,946; potential federal incentive rebate of $264,690, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a staffreport record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Portage Township Schools StaffReport Recommendation Veregy Solar PV Contract 2026-11-09 (StaffReport), dated November 7, 2026 from Portage Township Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Veregy in LLC hold?
Veregy in LLC 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 Portage Township Schools currently buying?
Explore Portage Township Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.