Deerfield Ratifies Carbon Solutions SREC Agreement
Town of DeerfieldCity · IL- Disclosed value
- Total upfront cost not to exceed $49,066.77, consisting of an $8,400.00 application fee and $40,666.77 in SREC collateral; projected SREC revenue of $505,623.51
- From minutes
- Document date
- May 18, 2026
- Term
- 15 years
- Renews
- Free account
The 30-second brief
The Village of Deerfield ratified a 15-year agreement with Carbon Solutions to sell Solar Renewable Energy Credits generated by the wastewater reclamation facility’s solar array. The agreement carries an upfront cost not to exceed $49,066.77 and is projected to generate $505,623.51 in SREC revenue.
Carbon Solutions holds this financial services contract with Town of Deerfield. Its other public contracts on record include work for City of Dilworth.
The renewal date is on record. A free account shows it, with the renewals for every Town of Deerfield contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Total upfront cost not to exceed $49,066.77, consisting of an $8,400.00 application fee and $40,666.77 in SREC collateral; projected SREC revenue of $505,623.51
- Document date
- May 18, 2026
- Term
- 15 years
- Renews
- Free account
- Vendor
- Carbon Solutions
- Agency
- Town of Deerfield
- Source document
- Village of Deerfield Minutes Board of Trustees Meeting 2026-05-18 (Minutes)
Carbon Solutions's other public contracts
More Town of Deerfield contracts
Questions about this contract
Who was awarded the financial services contract by Town of Deerfield?
Carbon Solutions was awarded this financial services contract by Town of Deerfield, as recorded on May 18, 2026. The contract value is Total upfront cost not to exceed $49,066.77, consisting of an $8,400.00 application fee and $40,666.77 in SREC collateral; projected SREC revenue of $505,623.51.
How much is the Carbon Solutions contract with Town of Deerfield worth?
The Carbon Solutions contract with Town of Deerfield is valued at Total upfront cost not to exceed $49,066.77, consisting of an $8,400.00 application fee and $40,666.77 in SREC collateral; projected SREC revenue of $505,623.51, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Village of Deerfield Minutes Board of Trustees Meeting 2026-05-18 (Minutes), dated May 18, 2026 from Town of Deerfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Carbon Solutions hold?
Carbon Solutions 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 Town of Deerfield currently buying?
Explore Town of Deerfield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.