In recent weeks, there have been a number of letters to the editor, posts to blogs, and questions about the solar projects.
I would like to clarify two very important facts:
- The district will save $100,000 per year over the life of the bonds. This equates to $2.1 million in net savings to the general fund during the first 20 years the system is in operation.
- The district is starting the project in March to qualify for $1.4 million in funding from P.G.&E, which reduces the cost of the project for the district.
I would encourage readers to review the detailed FAQ on the district web page, www.cv.k12.ca.us.
Editor's Note: For more information and updates on the 2012 solar panel projects, click here.