RUMOR brought to Jimmy's Camp:
The Veregy Solar Array recently constructed in Fountain was paid for by Utilities customers through an electric rate hike.
Jimmy's Fact to Trade:
The Solar array that has been constructed on Duckwood Road actually doesn't cost Utilities customers anything. It was paid for through what is called a performance contract, with guaranteed savings built into the project that helps contribute to stabilizing electric rates. The Fountain solar array will provide renewable, sunshine powered energy for all City owned facilities and city streetlights, actually saving money, and represents another creative funding mechanism used by the city to improve infrastructure and services to residents!
Published: 12/21/23