Adams City Council Approves a Power Purchase Agreement
The Adams City Council has approved a power purchase agreement. Administrator Robert Ellisor explained that the agreement would be for a floating solar system at the Wastewater Treatment Plant. The floating solar panels would be located out on the ponds at the WWTP. The energy from those would be sold to the WWTP as part of its operations. The city had an application at the state level that was for the City to purchase the solar unit outright. However, Global Environmental Infrastructure Technology Solutions (GEITS) has been able to arranged private financing for the system which spares the City from needing to finance it. In turn, the payment schedule the City would be paying for the WWTP would be paying for the actual energy from the floating solar installation. It is a 25 year agreement with an option that after 10 years the City could outright purchase the floating solar installation. The floating solar system will be installed as soon as it is possible.
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