Solar power given boost in Rehoboth
Selectmen agree to lease landfill for production facility
Source: Joseph S. Siegel, The Sun Chronicle
REHOBOTH – Selectmen have agreed to lease the town landfill for the installation of a 2.5 megawatt solar power production facility.
The recommendation of Blue Wave Capital, based in Boston, was made Monday by David House, a member of the town’s Solar RFP Evaluation Committee. The other committee members are Town Administrator Jeff Ritter and Health Agent Bob Ashton.
After evaluating the requests for proposals, the committee determined Blue Wave Capital would be the right choice.
House told selectmen that due to a 2 percent yearly lease amount escalation, Blue Wave’s total lease payments over the 20-year lease period exceeded the nearest bidder by 9 percent.
Blue Wave also has knowledge of Rehoboth’s permitting and tax processes, which is invaluable in setting up a project of this type, House explained.
The revenue for the town will be approximately $1.9 million over a 20-year period.
The lease bids were contingent upon the net metering cap being raised by the Legislature this April, all necessary town and DEP permits and a National Grid interconnection approval being obtained, and a full lease payment not in effect until the power plant is actually operational.
JOSEPH S. SIEGEL covers Rehoboth for The Sun Chronicle. He can be reached at email@example.com.