Special Town Meeting to discuss solar plans Tuesday
Borrego Solar seeking 20-year lease at wastewater plant site
PETERBOROUGH — Voters will be asked to authorize the Select Board to negotiate a 20-year lease with Borrego Solar, the company that is planning to build a solar array on one of the former sewage lagoons near the town’s wastewater treatment plant, at a Special Town Meeting on Tuesday.
No funding will be requested at the meeting, which is being held because state law requires Town Meeting approval for the Select Board to enter into a long-term lease.
In January, Borrego, which is based in Lowell, Mass., received a $1.2 million grant from the N.H. Public Utilities Commission. That money will help fund the solar array, which is expected to cost about $2.6 million. Town officials are proposing the 20-year lease agreement, which if approved would allow Borrego to secure the remaining financing for the project. The town would purchase electricity from Borrego at a rate of 8 cents per kilowatt/hour, which is about 6 cents per kilowatt/hour less than the town currently pays.
Public Works Director Rodney Bartlett has said that the project is expected to generate enough electricity to run the wastewater plant, with excess going into the PSNH electrical grid, which the town could draw on for other buildings at the same rate.
If the lease agreement is approved, the sewage lagoon where the solar array would be built will be closed and filled in this summer. The solar array would cover about 3.5 acres and would be the largest such installation in the state.
Tuesday’s meeting will be held at 7 p.m. in the Town House.
Dave Anderson can be reached at 924-7172, ext. 233 or firstname.lastname@example.org.