The company, which has been two years in the making, will begin project instillations at the Hammon Senior Center, where they will be installing the solar panels in the parking lot.
The solar panels also double as shade structures for some parking and handicapped parking, Ramirez said.
The solar panels will completely power the Hammon Senior Center as well as the adjacent Patterson Aquatic Center.
According to city staff reports, Chevron will install photovoltaic solar panels at the city’s sewage treatment plants and new corporation yard, as well.
Those panels would generate more than 1.12 megawatts of electricity, enough to cover about 94 percent of the facilities’ power use.
The outline also calls for the conversion of nearly 800 new city-owned streetlights to L.E.D. technology and improving indoor and outdoor lighting at the aquatics center, the corporation yard, both city fire stations and the sewage treatment plant.
Lighting changes would reduce the city’s electricity use by an estimated 2.1 million kilowatt hours and the corresponding utility bill by more than $220,000 per year.
Turlock Irrigation District, the city’s power provider, is offering a $400,000 solar and lighting rebate to the city, paid over five years, for reducing energy usage. A $6 million cost savings is predicted during the 30-year projected life of the solar panels, the report states.
The total cost of the project is expected to be $5,445,133.
The city has been approved for a California Energy Commission loan of $2.8 million at a 1 percent annual interest rate for 15 years, and another loan called a Tax Exempt Lease Purchase for more than $1.7 million with Bank of America, leaving the city to cover the rest — about $900,000 — through various unspecified city funds. Butler said Tuesday, March 19 that city staff would be looking at various city funds to help offset any general fund reserve impact.
Cost savings and incentives are projected to pay for the loan payments during the first 16 years and save the city $450,000 in energy costs each year going forward.
The work is expected to be done the last week of September, Ramirez said.
• Contact Nick Rappley at 892-6187, ext. 31 or email@example.com.