Construction of the 8 MW solar array at Mercer County Community College, New Jersey, is nearing completion. The array will generate nearly 70% of the power needed to run the campus and will be net-metered. The project was funded by SunLight General Capital, and the college has entered into a 15 year lease with SunLight to purchase the generated electricity at a rate of 3 cents per kilowatt-hour (kWh). The agreement will allow the college to save money in the coming years as it leaves behind its current utility rate of 14 cents per kWh.

News Article - Mercer County Community College solar panel system should be running by fall

Additional Information - Mercer County Improvement Authority Solar Project at Mercer County Community College

---

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.