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R2024-349 Resolution Authorizing a Behind the Meter Solar Project for the William Street Pump Station (2)
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R2024-349 Resolution Authorizing a Behind the Meter Solar Project for the William Street Pump Station (2)
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5/6/2026 8:34:28 AM
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Resolution/Ordinance
Res Ord Num
R2024-349
Res Ord Title
R2024-349 Resolution Authorizing a Behind the Meter Solar Project for the William Street Pump Station
Department
Public Works
Approved Date
11/18/2024
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• <br /> POWER PURCHASE AGREEMENT ("PPA") <br /> 6. Anticipated Condition Satisfaction Date: August 31,2025 (estimated) <br /> 7. Anticipated Commercial Operations Date: September 30, 2025 (estimated)or following <br /> completion of Purchaser's Punchlist,whichever occurs later. <br /> 8. Contract Year:Twelve (12)months,the first of which begins the first day of the month following <br /> the Commercial Operation Date. <br /> 9. Rebate Variance: All prices in this Agreement are calculated based on an upfront rebate of <br /> $248,500 (Ameren mails check to utility billing customer name on file, and Buyer signs over to <br /> Seller.). If the actual rebate is lower than calculated, prices will be adjusted pro-rata to reflect <br /> the actual rebate received. <br /> 10. Illinois Power Agency/Illinois Solar for All:All projects in Illinois Solar for All will be compliant <br /> with the program requirements including the ownership of environmental benefits and <br /> applicable mandatory terms and conditions in the consumer disclosure such as the option to <br /> cancel, late fees, etc. (Exhibit 8) <br /> 11. System Installation: <br /> Includes: [x] Design, engineering, permitting, installation, monitoring, rebate application & <br /> paperwork processing of the system <br /> [x] Limited warranty <br /> [x] Any like substantive equipment, in the sole discretion of the Seller <br /> [x] State or utility rebate, if any. Describe:To Developer/Seller <br /> (Ameren mails check to utility billing customer name on file, <br /> which shall be signed over to Developer/Seller.) <br /> Excludes: Unforeseen groundwork(including but not limited to excavation/circumvention or <br /> underground obstacles), upgrades or repairs to the existing facility conditions for <br /> any repairs necessary to bring up to code or to repair any components in disrepair <br /> prior to any alterations related to the system or its interconnection,tree removal <br /> and trimming. <br /> Page 4 of 49 <br />
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