Nevada County Board of Supervisors to discuss solar panel project | TheUnion.com
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Nevada County Board of Supervisors to discuss solar panel project

The Nevada County Board of Supervisors is scheduled on Tuesday to proceed with a solar panel project expected to save the county millions of dollars.

The board meets at 9 a.m. at the Eric Rood Administrative Center, 950 Maidu Ave.

Supervisors will vote on an application for federal funding that, if granted, would enable it to issue bonds at a reduced interest rate. If granted, the county would issue about $10.5 million in bonds at a 1 to 1 1/2 percent rate for the solar panels. Bonds at a 3 to 5 percent interest rate would provide the additional $1.2 million needed for the energy upgrade project, said Steve Monaghan, the county’s chief information officer.



County officials will know in six weeks if they secured federal funding from the low-interest rebate program. If they do receive the money, and the project remains on schedule, it could be in place by the end of the year, Monaghan added.

The project would put solar panels at the Eric Rood Administrative Center, county jail, juvenile hall, Lake of the Pines Wastewater Treatment Plant and Highway 49 ranch property.




The project also will improve old heating and air-conditioning units, as well as interior and parking lot lighting.

The upgrades will lead to $5.8 million in savings over the next 20 years. The county will pay off the project at that time, and reap $1.3 million in savings every year afterward, Monaghan said.

To contact Staff Writer Alan Riquelmy, email ariquelmy@theunion.com or call 530-477-4239.


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