GESA Contract for Solar Photovoltaic Systems

This contract awards Ameresco, Inc. a Guaranteed Energy Savings Agreement (GESA) to design, construct, and commission solar photovoltaic arrays at six Philadelphia public schools. The project includes both roof‑mounted and ground‑mounted solar installations, with a guaranteed maximum price of $8,634,057. Funding is sourced from the district’s capital budgets (FY 27‑31) and a $2.46 M grant from the Pennsylvania DCED Solar for Schools program, supplemented by the federal Investment Tax Credit (up to 50 % before its 2027 expiration). Ameresco must guarantee that the solar systems generate savings that exceed the project cost over a 20‑year period, with an expected average annual electricity cost reduction of $175,000 per school (≈ $3.5 M total savings). The contract runs from September 25 2026 through June 30 2031 and is contingent upon board approval and available grant funding. • Scope: Design, build, and commission solar PV arrays (5 roof‑mounted, 1 ground‑mounted) at six district schools. • Financials: GMP $8.634 M; $2.46 M state grant; remainder financed via district capital budgets; potential 50 % ITC. • Performance: Minimum guaranteed energy‑savings covering project cost; projected $3.5 M in lifetime electricity savings.