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Requesting approval to enter into a net-metering agreement with Sunwealth.
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Official Text
To the Honorable Board:
I respectfully request that your honorable Board approve the agreement that has been negotiated between the City of Somerville and the solar provider Sunwealth. (This Board has previously reviewed and approved similar agreements with this vendor.) This net-metering agreement would provide immediate and long-term energy cost reductions for City operations, as well as directly support the development of a new solar energy systems in the Somerville area. The terms of these contracts provide a guaranteed solar electricity output and a fixed net-metering credit discount rate that will be applied as dollar credits to the City of Somerville's electric accounts for 20 years.
My staff will be available to answer any questions you may have. Thank your for your consideration of this item.
Respectfully submitted,
Joseph A. Curtatone, Mayor