Commercial, Solar, Sourcing Renewables - March 5, 2024
Bradley University Adds Community Solar
Bradley University in Peoria, Illinois, has entered into a community solar agreement to save approximately $115,000 annually.
Under the long-term agreement, Bradley University will subscribe to four Nexamp community solar farms, located across central Illinois in the Ameren service territory.
The four solar farms represent almost 17.5 megawatts of solar generating capacity. Bradley University will receive a portion of the value and the remainder will be made available to area residents.
“Finding ways to reduce our impact on the environment, while also being good financial stewards, is a cornerstone of our approach when it comes to sustainability,” says Stephen Standifird, President of Bradley University, in a statement. “From designing and constructing new green buildings to increasing energy efficiency across our existing spaces and scaling our recycling efforts, we are committed to doing all we can to lighten our footprint. The opportunity to participate in community solar, which we know will help expand access for our neighbors as well, fits perfectly with our mission. We look forward to a long and productive relationship with Nexamp.”
The university will be an anchor tenant on two of the solar farms with its main campus building. The energy from the other two solar farms will be deployed to the university’s student housing facilities.
The agreement between Nexamp and Bradley University was facilitated by 5, an energy and sustainability advisory firm.
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