Hopkinton, MA – Solect Energy, a full-service commercial-scale solar developer and installer in Massachusetts, and PowerOptions, an energy-buying group in New England, announced the renewal of their multi-year partnership.
Solect will continue to lead PowerOption’s Small Systems Solar program, providing savings and certainty for local communities, state owned buildings, and not for profits. The completed projects to date are estimated to save $20 million for PowerOptions members.
The Small Systems Solar program provides competitively priced and pre-negotiated contract terms for solar systems less than 300 kilowatts (kW), and reflects the benefits of leveraging the potential for multiple projects across the consortium made up of more than 400 nonprofit and public entities. The program will provide savings for members and a hedge against future cost increases over the life of the 20-year solar power purchase agreements (PPA).