2.1 MW of New Solar Now Operating in Boulder
City’s Generation Solar project to save taxpayers an estimated $1.5 million by 2050
The City of Boulder, in a unique partnership with Unico Solar and Madison Energy Investments, is now home to 2.1 MW of rooftop and ground-installed solar, marking the completion of the city’s Generation Solar project. This is enough to power more than 400 average American homes each year.Solar was installed on 11 city-owned sites, including parking garages, fire stations and land adjacent to the city’s Water Resource Recovery Center.
Under agreements with the City of Boulder, which requires no up-front capital or ongoing maintenance costs for the city, Madison Energy Investments and Unico Solar leased nearly 363,000 square feet of city-owned rooftop and ground area at sites across the city. The entire portfolio is expected to generate more than 80 million kWh over 20 years and demonstrates progress toward the City of Boulder’s goals to operate on 100% renewable energy by 2030. The City of Boulder purchases the solar power produced by the installations through separate purchase agreements, allowing for greater control and flexibility for the municipal buildings that use the power. The project is expected to generate an estimated $1.5 million in cumulative savings for Boulder over 30 years. The agreements will increase the city’s total solar portfolio to 6.45 MW.