Panels will bring in between $24K-$27K annually for next 25 years
Eagle Tribune | By Peter Francis
December 2, 2016
HAVERHILL — The City Council voted on Tuesday to approve the construction of another solar array on Broadway that will bring in almost $650,000 over the next 25 years.
Purchasing Agent Orlando Pacheco said this week that the array is part of a community solar project. While the city will not be buying any power from the panels, it will receive a starting payment of $24,697 in lieu of taxes.
That money will increase by 2.5 percent every five years, according to the agreement with Clean Energy Collective Solar of Worcester, bringing the total haul for the city to $648,670.
At 1.3 megawatts Pacheco said the project it is not as large as some solar arrays that have been or are being built around the city.
Over the last few months, Haverhill has become the state’s preeminent “solar city,” with a new project or purchasing agreement being approved seemingly on a weekly basis.
Most recently, the city council approved plans in October for Omni Navitas to construct solar canpoies atop the parking lots of the city’s two MBTA Commuter Rail stations in Haverhill and Bradford, which the city will purchase power from.