Project Description
New Trier High School District 203 serves about 4,000 students in the Chicagoland area. In December 2022, the District partnered with Performance Services to design and install a solar installation to help offset energy costs. The best solution for the District was a roof-mounted solar installation at New Trier High School – Northfield Campus. Together, the arrays total 1.02MW and will generate over $5 million in savings through reduced energy costs, rebates, incentives, and renewable energy credits. The District received a utility rebate from ComEd totaling $255,000 and anticipates an Inflation Reduction Act incentive of $1,150,051. Further, the District will receive renewable energy credits (RECs) that will act as a source of income. The credits represent the environmental benefits of the solar system, and the District can sell the credits to utility companies that need them to meet certain state-mandated requirements. The expected revenue from the sale of the renewable energy credits is $828,607.
Project Highlights
- 1.02 MW roof-mounted solar installation
- Utility Rebates: $255,000
- Renewable Energy Credits: $828,607
- Inflation Reduction Act – Investment Tax Credit: $1,150,051
